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 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.

  • The Existing Regulated Fund is an externally managed, non-diversified, closed-end management investment company incorporated in Maryland.

  • 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 .

  • Orca shall, or shall cause, any withholding Taxes or other applicable deductions to be deducted and withheld from the Orca Cashout Amount as required or authorized by applicable Law.

  • Both Pre-Money and Post-Money SAFEs come in four forms, depending on whether a cap and/or a discount are included as parameters of the contract.2The Post-Money SAFE variants specify that the investor receives the max- imum of the Cashout Amount and the Conversion Amount.

  • Expenditures generally are recorded when a liability is incurred, as under accrual accounting, except for compensated absences and claims and judgments that are recorded when due.

  • 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 this Plan, if the remaining value of a Participant's Deferral Account upon Retirement, Disability, Termination of Employment, or death does not exceed the applicable Automatic Lump Sum Cashout Amount (as defined in Appendix B), the balance of his Deferral Account shall be distributed in the form of a single lump sum payment to the Participant or his Beneficiary.

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

Related to Cashout Amount

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

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

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • 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 provided in Section 2.9(b).

  • 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 the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • 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.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA;

  • 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, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • 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 the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • 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 has the meaning specified in Section 1.5.

  • 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 2.07(a)(i).

  • Payment Amount as defined in Section 3.5.

  • 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;