Change Compensation Event definition

Change Compensation Event has the meaning given in the Change Compensation Principles.
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Change Compensation Event means an event set out in Section 2 of Schedule 4 (Change Compensation Principles).
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Change Compensation Event means each of the events listed in Section 2. Margin means an amount on account of off-site overheads and administrative and corporate and other like costs and profit. Net Incremental Costs means the amount calculated in accordance with Section 4.2(c).
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Examples of Change Compensation Event in a sentence

  • Project Co must set out detailed particulars of the occurrence and impact of the relevant Change Compensation Event.

  • The Costs and Savings arising as a result of the Change Compensation Event are as set out in the following table (see section 7.2(i)).

  • Where this Change Notice is in respect of a Modification, Project Co warrants in respect of the Change Compensation Event that: 1.

  • CCE Amountmeans any amount payable by the State to the Project Trustee in respect of a Change Compensation Event calculated in accordance with the Change Compensation Principles in respect of which finance has been provided under the Financing Documents.

  • The Ministry of Education (MoE) recently included a course on Special Needs Education in the curricula of all teachers’ education programs.

  • Full-time students come from throughout New South Wales, and some from interstate.

  • Sanofi is seeking a declaratory judgment that Lexicon is liable for all disputed costs previously withheld and damages for any additional costs properly reimbursable under the terms of the termination and settlement agreement in excess of those previously withheld, together with late interest and attorneys’ fees.

  • Within one month prior to the end of each Financial Year (or at the same time that Project Co submits a Modification Quote to the State in accordance with clause 33.3 of this Agreement), Project Co must undertake and provide to the State a review and a re-assessment of the amount of ongoing net Costs or net Savings arising as a consequence of the Change Compensation Event incurred, paid or accrued for which compensation has been made through the Quarterly Services Payment over the Term.

  • Before preparing a Change Notice in respect of an event for which the State may require the relevant Change Compensation Event to be undertaken in accordance with one of the options referred to in section 7.2(i), Project Co must ask the State which of those options the State would like Project Co to adopt for inclusion in the Change Notice.

  • According to Ryanair, DelayFix, as the assignee of that passenger‟s claim, is bound by that clause.

Related to Change Compensation Event

  • Compensation Event means any of the following events or circumstances if and to the extent that it interferes adversely with, or causes a failure of, the carrying out of the Design, the Construction or the Services, causes an Unavailability Event or causes Direct Losses to Project Co or any Project Co Person:

  • Change in Control Period means the period beginning three (3) months prior to a Change in Control and ending twelve (12) months following a Change in Control.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Termination Compensation means a monthly cash amount equal to one-twelfth (1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Potential Termination Event means an event which, but for the lapse of time or the giving of notice or both, would constitute a Termination Event.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Change in Control Termination means an “Involuntary Termination Without Cause” or “Resignation for Good Reason,” either of which occurs on, or within three (3) months prior to, or within twelve (12) months following, the effective date of a Change in Control, provided that any such termination is a “separation from service” within the meaning of Treasury Regulation Section 1.409A-1(h). Death and disability shall not be deemed Change in Control Terminations.

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.