Clawback Date definition

Clawback Date means the earliest date on which Gibco shall have the right to exercise the Clawback Option pursuant to and in accordance with Section 3.07 of the Purchase Agreement.
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Clawback Date means, in respect of any Clawback Land, the later of:
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Clawback Date means (i) with respect to any payment default, 60 days after the occurrence thereof and (ii) with respect to any other Event of Default, 60 days after the Senior Subordinated Notes Trustee and holders of the Senior Subordinated Notes knew or, in the exercise of reasonable diligence, should have known, of such Event of Default.
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Examples of Clawback Date in a sentence

  • As the Clawback Date of March 1, 2021 has passed and the required gross revenue milestones were not met by CBIO, 3,450,000 common shares were cancelled and returned to treasury (Note 5).

  • The value of the Fund’s assets deemed to be distributed in such hypothetical final distribution shall be the Value on such Interim Clawback Date determined by the General Partner (subject to Section 13.2.5.5).

  • To avoid doubt, the Clawback Date may fall outside the relevant Clawback Period, provided that the relevant Clawback Request was received by the Crown during the Clawback Period.


More Definitions of Clawback Date

Clawback Date means March 1, 2021;
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Clawback Date has the meaning given in Clause 6.2.1 (Special Provisions Regarding Carried Interest).
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Clawback Date means (i) with respect to any Payment Default (as hereinafter defined), 60 days after the occurrence thereof, (ii) with respect to any Event of Default caused by the failure by the Credit Parties to comply with the provisions of Section 7.8 of the Notes Purchase Agreement for any period of time, 60 days after the Agent and Holders shall have received the financial statements and Compliance Certificate required to be delivered in respect of such period then most recently ended pursuant to Section 7.3 of the Notes Purchase Agreement and (iii) with respect to any Event of Default other than those specified in clauses (i) and (ii), 60 days after the Agent and Holders knew or, in the exercise of reasonable diligence, should have known, of such Event of Default. As used herein, the term "Payment Default" shall mean any Event of Default under Section 9.1(a) or 9.1(b) of the Notes Purchase Agreement. No Payment Default shall be deemed to have been cured unless the full amount of the overdue payment to which such Payment Default relates shall have been paid in full prior to any acceleration of the Senior Indebtedness or unless waived by the then holders of the Senior Indebtedness as provided in the Notes Purchase Agreement.
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Related to Clawback Date

  • Clawback Period means, with respect to any Accounting Restatement, the three completed fiscal years of the Company immediately preceding the Restatement Date (as defined below), and if the Company changes its fiscal year, any transition period of less than nine months within or immediately following those three completed fiscal years.

  • Clawback Policy is defined in Section 14.

  • Clawback Amount has the meaning set forth in Section 6.05.

  • Clawback means the obligation to repay amounts to a Member of the CFG Group by an individual in accordance with rule 4 as the Committee considers appropriate;

  • 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).

  • Parent Equity Plan means the Energy Transfer Equity, L.P. Long-Term Incentive Plan.

  • Recoupment Period means the three fiscal years completed immediately preceding the date of any applicable Recoupment Trigger Date. Notwithstanding the foregoing, the Recoupment Period additionally includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following those three completed fiscal years, provided that a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine (9) to twelve (12) months would be deemed a completed fiscal year.

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • Prior Plan means the coverage provided on a group or group-type basis by the group insurance policy, benefit plan or service plan that was terminated on the day before the Effective Date of the Plan and replaced by the Plan.

  • Compensatory time off means authorized time off earned by or awarded to an employee to compensate in whole or in part for time worked in excess of the minimum work time required of that employee as a condition of his or her employment.

  • Date of Award means the date this Contract is fully executed.

  • 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:

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • ESPP means the Company’s Employee Stock Purchase Plan.

  • Accretion Termination Date As defined in the Series Supplement.

  • Company Equity Plan means any management equity or stock option or ownership plan or any other management or employee benefit plan of the Company or any Subsidiary of the Company.

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Company Equity Incentive Plan means the Company’s omnibus equity plan, last approved by Company Shareholders on November 6, 2018 and as proposed to be amended at the Company’s May 7, 2019 shareholders’ meeting.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Payback Period means the reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or through an affiliate, shall have the right to directly perform, provide and be compensated for any services under this Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties.