Conditional Cash definition

Conditional Cash means a conditional right to be paid a cash amount granted in accordance with rule 3;
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Examples of Conditional Cash in a sentence

  • An award of Conditional Cash or Bond Awards may include the right to receive an additional amount on Vesting, equal to interest on the amount payable on Vesting, calculated at such rate or rates as the Committee may determine from time to time.

  • If an award (including an award structured as an Option or a Phantom Option) of Conditional CFG Bonds, Conditional Cash or Bond Awards lapses under the Plan it cannot Vest and a Participant has no rights in respect of it.

  • In relation to an award of Conditional Cash, Bond Awards, and Phantom Conditional Securities, the amount of cash payable in accordance with the terms of the award will be paid to the Participant in the next practicable payroll (but in no event later than December 31 of the year in which Vesting occurs), subject to deduction of tax under rule 8.3.

  • The number or value of CFG Bonds subject to an award (including an award structured as an Option or a Phantom Option) of Conditional CFG Bonds and the amount payable under an award of Conditional Cash or Bond Awards is determined under rule 3.1.3.

  • The number or value of RBS Bonds subject to an award (including an award structured as an Option or a Phantom Option) of Conditional RBS Bonds and the amount payable under an award of Conditional Cash or Bond Awards is determined under rule 3.1.3.

  • If an award (including an award structured as an Option or a Phantom Option) of Conditional RBS Bonds, Conditional Cash or Bond Awards lapses under the Plan it cannot Vest and a Participant has no rights in respect of it.

  • In relation to an award of Conditional Cash, Bond Awards, and Phantom Conditional Securities, the amount of cash payable in accordance with the terms of the award will be paid to the Participant in the next practicable payroll, subject to deduction of tax under rule 8.3.

  • Such Initial Conditional Cash Award shall be paid in the first Base Salary payment cycle following the Effective Date, subject to Executive providing a written statement declaring the denial of such payout.

  • An award of Conditional Shares, Conditional RBS Bonds or Conditional Securities will be satisfied by paying a cash amount equivalent to the market value of the relevant Shares, RBS Bonds or securities on the date of death, and an award of Conditional Cash or Bond Awards will be satisfied by paying the full amount due.

  • For the avoidance of doubt, a Conditional Cash Award shall not confer any right on the holder of such an Award to receive Shares or any interest in Shares.

Related to Conditional Cash

  • Closing Date Cash means Company Cash as of 11:59 P.M. on the date immediately prior to the Closing Date.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Extension Conditions Defined in Section 3.06(a).

  • Final Cash has the meaning set forth in Section 3.2(b).

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

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Cure Payment shall have the meaning set forth in Section 11(b).

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • Distribution Conditions means, with respect to any Restricted Payment or Restricted Junior Debt Prepayment, the following:

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Net Cash means the cash proceeds (net of cash taxes paid and reasonable and customary costs paid to unrelated and unaffiliated third parties in connection with a particular transaction) arising from any Excess Cash Event.

  • Earnout Consideration has the meaning specified in Section 2.08(a).

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Earnout has the meaning set forth in Section 2.9(a).

  • Restricted Payment Conditions is defined in Section 10.9.

  • Minimum Tender Condition shall have the meaning provided in Section 2.15(b).

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Cure Amount has the meaning assigned to such term in Section 7.02(a).

  • Limited Condition Acquisition means any acquisition, including by way of merger, by the Borrower or one or more of its Restricted Subsidiaries permitted pursuant to this Agreement whose consummation is not conditioned upon the availability of, or on obtaining, third party financing.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).