Carryforward Amount definition

Carryforward Amount means, for any Performance Period, the sum of the Carryovers for all prior Performance Periods less the sum of all Awards granted from the Carryforward Amount pursuant to Sections 6.4(d) and 9.5.

Carryforward Amount means, in determining the Reduction Amount applicable to any Fiscal Year, an amount equal to the lesser of (i) $2,400,000 and (ii) to the extent in excess of $16,000,000, the aggregate amount of all prepayments of principal of the Notes made in the immediately preceding Fiscal Year pursuant to paragraphs 5B and 5C and all other prepayments; provided that, notwithstanding the foregoing, the Carryforward Amount shall be equal to zero for purposes of determining the Reduction Amount applicable to any date occurring during the Fiscal Year ending in September, 2012.

Carryforward Amount shall have the meaning assigned to such term in Section 6.01(a).

Examples of Carryforward Amount in a sentence

• The failure to pay any Interest Carryforward Amount at any time when funds are not available to make such payment as provided in the Indenture shall not constitute an Event of Default under the Indenture.

• Any amount by which Total Return falls below the Hurdle Amount and that does not constitute Loss Carryforward Amount will not be carried forward to subsequent periods.

• The Loss Carryforward Amount, for a given Incentive Period, will be adjusted with respect to any contributions, transfers, distributions and repurchases applicable to the Member’s Capital Account for that Incentive Period, or portion thereof.

• The Incentive Fee is an amount equal to 10% of each Member’s Net Profits in excess of such Member’s Loss Carryforward Amount (before any accruals of Incentive Fees).

• Except as described in the definition of Loss Carryforward Amount in this Agreement, any amount by which the Annual Total Return Amount falls below the Hurdle Amount will not be carried forward to subsequent periods.

More Definitions of Carryforward Amount

Carryforward Amount is defined in Section 1.02(g).

Carryforward Amount means the amount by which the after-tax cash flow to AFIC and AFHC, collectively, from the effective date of the Agreement to the date of calculation, exceeds the Revised Guaranteed Return. If less than the entire Carryforward Amount is necessary to be applied in any year pursuant to Section 5.3 of the Agreement in order for AFIC and AFHC, collectively, to have achieved the Revised Guaranteed Return, then only so much of the Carryforward Amount as is necessary to achieve the Revised Guaranteed Return will be so applied (with that portion of the Carryforward Amount applicable to the year furthest from the date of such calculation to be applied first) and the balance, if any, of the Carryforward Amount shall be available for application pursuant to Section 5.3 of the Agreement in future years.

Carryforward Amount is defined in Section 1.03(c).

Carryforward Amount means, for any Performance Period, the sum of the Carryovers for all prior Performance Periods less the sum of all

Carryforward Amount means, for any Performance Period, the sum of the Carryovers for all prior Performance Periods less the sum of all Awards granted from the Carryforward Amount pursuant to Articles 7 and 10. To the extent the sum of all Awards paid for a Performance Period exceeds the Maximum Award for such period, the Carryforward Amount shall be reduced by an amount equal to such difference.

Carryforward Amount is defined in Section 5.16.

Carryforward Amount has the meaning set forth in SECTION 7.19(C).