Compensatory Amount definition

Compensatory Amount means the amount that a creditor is entitled to claim under section 95B(2) of the 1974 Act, calculated in accordance with regulation4;
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Compensatory Amount shall have the meaning ascribed thereto in Section 2.18 hereof.
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Compensatory Amount means:the Actual Leisure Management Amount for the Tested Period of the immediately preceding Net Income Benchmarking Process (Indexed up to the Income Benchmarking Date) or if none the Base Leisure Management Amount for the Tested Period (Indexed up to the Income Benchmarking Date);LESS:the Actual Leisure Management Amount for the Tested Period adjusted to take account of the duty to mitigate as set out in paragraph 1.4 of Part 3 of this Schedule;if this figure is a negative number;
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Examples of Compensatory Amount in a sentence

  • To this end, the System Manager is authorized to debit, before the time specified in the SEN Operation Manual, the value of the respective Extemporaneous settlement Amount or Compensatory Amount from the Central Bank Account of the Agent who caused the event and credit said Amount to the other Agent’s Deposit Account.

  • However, if the funds available in the defaulting Agent’s Central Bank Account are not sufficient to debit, within the period referred to in the previous paragraph, the full value of the Extemporaneous settlement Amount or Compensatory Amount imposed on him, the System Manager shall report this to the two Agents involved in the transaction.

  • NV: Nominal value in pesos of the transaction generating the Compensatory Amount (multiplied by the Real Value Unit -UVR- or the exchange rate -TRM- for the initially agreed day of settlement , in the case of securities in Real Value Units or dollars, respectively).

  • The defaulting Agent shall pay a Compensatory Amount to his counterparty, such Amount to be determined in each case by the System Manager by applying the following formulae: Purchase-and-sale transactions Compensatory Amount = (VF * NV) + FVWhere: VF: Volatility factor of price or rate in percentage terms.

  • Repos, buy/sell back transactions, securities lending and Interbank Transactions Compensatory Amount = VM + FVWhere: VM: Value of money at the referenced time, at the usury rate.

  • The amount of the Leakages mentioned in the Leakage Certificate (the Compensatory Amount) shall be deducted from the Estimated Purchase Price in accordance with the provisions of clause 3.2.

  • As regards the Maximum Disbursement for the Cash Component and the Maximum Disbursement for the Cash Compensatory Amount, the transaction will be financed by the Bidder’s own means.

  • The defaulting Agent shall pay a Compensatory Amount to his counterparty, such Amount to be determined in each case by the System Manager by applying the following formulae: Purchase-and-sale transactions Compensatory Amount = (VF * NV) + FV Where:VF: Volatility factor of price or rate in percentage terms.

  • Further, Compensatory Amount of Rs. 186 crore under the MRA and the CDR package would be waived off except in case of default.

  • Public Facility for which reimbursement is sought has not been constructed and accepted by the City prior to the Developer requesting a Pioneering Reimbursement Agreement, the Maximum Compensatory Amount shall be based on improvement plans and construction cost estimates as approved by the City Engineer.


More Definitions of Compensatory Amount

Compensatory Amount means the product of (i) $43.750911 and (ii) the number of shares of the Acquiror Interim Preferred Stock delivered by the Acquiror to the Seller at the Closing in accordance with Section 2.03(d).
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Compensatory Amount means an amount equal to the cost which the creditor has incurred as a result only of the [debtor’s] indebtedness being discharged at the relevant time, within the meaning of section 95 of the Consumer Credit Act 1974(a);
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Compensatory Amount means a payment made by one party to a swap to the other that is intended to compensate the latter for a difference in the values of the anticipated cash flows under the swap;
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Compensatory Amount means an additional amount that is paid or payable as a lump sum from a source set out in subsection (2). (somme compensatoire)
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Compensatory Amount means an additional amount paid or payable as a lump sum from a source set out in subsection 53(2). (somme compensatoire)
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Compensatory Amount shall have the meaning ascribed thereto in Section 213 hereof.
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Related to Compensatory Amount

  • 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.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Offset Amount means the amount or amounts which the Joint Venturers may be entitled to offset against future royalty payments pursuant to subclause (3) of this Clause;

  • 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.

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • 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.

  • 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).

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Maximum Potential Additional Dividend Liability, as of any Valuation Date, means the aggregate amount of Additional Dividends that would be due if the Corporation were to make Retroactive Taxable Allocations, with respect to any fiscal year, estimated based upon dividends paid and the amount of undistributed realized net capital gains and other taxable income earned by the Corporation, as of the end of the calendar month immediately preceding such Valuation Date and assuming such Additional Dividends are fully taxable.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • 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.

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Safe Harbor Amount means 2.99 times the Executive’s “base amount,” within the meaning of Section 280G(b)(3) of the Code.

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Net Share Amount has the meaning set forth in Section 3.03(c).

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

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

  • 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.

  • Contribution Percentage Amounts means the sum of the Employee Contributions, Matching Contributions, and Qualified Matching Contributions (to the extent not taken into account for purposes of the ADP test) made under the Plan on behalf of the participant for the Plan Year. Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. If so elected in the adoption agreement the Employer may include Qualified Nonelective Contributions in the Contribution Percentage Amounts. The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Actual Contribution Percentage means, with respect to a Plan Year, the ratio (expressed as a percentage) of the sum of the amount of (a) Matching Contributions, (b) After-Tax Contributions, (c) Qualified Nonelective ESOP Contributions, and (d) Tax Deferred Contributions recharacterized as After-Tax Contributions, made on behalf of the Participant for the Plan Year to the Participant’s Testing Compensation for the Plan Year.

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.