Cashout Amount definition

Cashout Amount means an amount payable to a Participant in relation to an Award in accordance with Rule 6;
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Cashout Amount means an amount equal to the aggregate of such Participant's (1) VC Participant Amount (less (a) VC Participant Distributions then to-date made on such Designated Commitments, (b) VC Participant Distributions made pursuant to
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Examples of Cashout Amount in a sentence

  • Notwithstanding the foregoing, any holder of an Option with respect to which such requirements cannot be complied with will receive, with respect to each share of Stock subject to the unexercised Option, the Cashout Amount in lieu of any securities in connection with the cancellation of any Option pursuant to Section 12.1(2)(ii).

  • Notwithstanding any other provision of the Plan other than Section 5.03, if a Participant’s or former Participant’s Account balance at the time of his Separation From Service is less than or equal to the Mandatory Cashout Amount, his Account balance shall be paid to him (or in the event he has died, to his Beneficiary) as soon as administratively practicable in the form of a single sum payment.

  • Of the total Option Cashout Amount 16.26% will be payable in cash, and the balance will be payable in shares of Parent Common Stock having a value determined in the same manner prescribed by Section 3.01(a) for valuing the Parent Common Stock component of the Merger Consideration.

  • Notwithstanding any other provision of the Plan other than Section 5.03, if a Member's Account balance at the time of his Separation From Service is less than or equal to the Mandatory Cashout Amount, his Account balance shall be paid to him (or in the event he has died, to his Beneficiary) as soon as administratively practicable in the form of a single sum payment.

  • If the Board provides that each holder of an Option shall receive consideration other than cash in accordance with the proviso set forth in Section 12.1(2)(ii), then with respect to each share of Stock subject to the unexercised Option, the holder of the Option shall be entitled to receive securities issued in the applicable Change of Control transaction having a value, determined in good faith by the Board, equal to the Cashout Amount .

  • At Closing Buyer shall pay to the Company the aggregate Option Holder Cashout Amount as set forth on Schedule 3.3(c) attached hereto to an account designated by the Company.

  • Subject to Grantee delivering the Release immediately prior to Closing, then effective immediately prior to the First Effective Time (as defined in the Merger Agreement) then Grantee will vest in and will receive a payment in cash, less applicable taxes thereon, equal to the Eligible Cash-out Amount, if any, in settlement of the number of shares of Restricted Stock equal to the Eligible Cash-out Shares, and the number of shares of Restricted Stock will be reduced by the number of Eligible Cash-out Shares.

  • Total Balance WA Loan WAC % Covered by WA FICO WA LTV WA DTI % SFD/ % Owner % Cashout Amount %[2] Balance Mortgage Ins.

  • Total Balance % Covered ------------------- WA Loan by Mortgage WA WA WA % SFD/ % Owner % Cashout Amount %[2] Balance WAC Ins.

  • Buyer shall be entitled to deduct and withhold from the allocable portion of the Aggregate Merger Consideration otherwise payable to any Shareholder or, to the extent not undertaken by the Company, the allocable portion of the Option Holder Cashout Amount otherwise payable to any Option Holder such amounts as Buyer (or any Affiliate thereof) is required to deduct and withhold with respect to the making of such payment under the Code, or any provision of state, local or foreign Tax Law.

Related to Cashout Amount

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Put Amount shall have the meaning set forth in Section 2(B)(1) hereof.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Cash Settlement Amount means, in respect of every Board Lot, an amount calculated by the Issuer in accordance with the following formula (and, if appropriate, either (I) converted (if applicable) into the Settlement Currency at the Exchange Rate or, as the case may be, (II) converted into the Interim Currency at the First Exchange Rate and then (if applicable) converted into Settlement Currency at the Second Exchange Rate):

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Gross-Up Amount has the meaning set forth in definition of “Make Whole Amount.”

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  • Closing Payment Amount shall have the meaning set forth in Section 3.1(a).

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Payment Amount has the meaning specified in Section 6.1.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Step-Down Amount means, with respect to any Distribution Date, the excess, if any, of (x) the Required Pro Forma Note Balance over (y) the Pro Forma Note Balance on such Distribution Date, calculated for this purpose only without deduction for any Step-Down Amount (i.e., assuming that the entire amount described in clause (x) of the definition of “Principal Distributable Amount” is distributed as principal on the Notes); provided, however, that the Step-Down Amount in no event may exceed the amount that would reduce the positive difference, if any, of (i) the Pool Balance minus (ii) the Pro Forma Note Balance, to an amount less than 0.50% of the initial aggregate principal balance of the Receivables.