Closing Date Bonus definition

Closing Date Bonus means the amount payable under Section 3(a) based upon Net Proceeds calculated as of the Closing Date.
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Examples of Closing Date Bonus in a sentence

  • The Closing Date Bonus and the Contingency Bonus payment made pursuant to this Agreement shall each constitute a separate payment for purposes of Section 409A of the Code.

  • The Company will pay Executive’s Transaction Bonus in two parts, as follows: (a) 100% of the Closing Date Bonus shall be paid within five (5) days following the Closing Date, but in no event later than the date of the initial distribution of Net Proceeds to the shareholders of the Company and (b) 100% of the Contingency Bonus, if any, shall be paid within five (5) days following the twenty four (24) month anniversary of the Closing Date.

Related to Closing Date Bonus

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Closing Date Balance Sheet has the meaning specified in Section 2.3(b).

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Closing Date Business Plan means the set of Projections of Borrower for the 1 year period following the Closing Date (on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Closing Date Term Loans as defined in Section 2.1.

  • Transaction Bonuses means any transaction bonuses payable by the Sellers or their Affiliates on or after the Closing to the Transferred Employees.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive’s Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive’s target annual incentive bonus for the year in which the Date of Termination occurs.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit G-1.

  • Early Payment Date (k means the "Early Payment Date (k)" as specified in § 1 of the Product and Underlying Data.

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;