Equalization Payment definition

Equalization Payment means, with respect to any period for any 300 Millimeter Arrangement, the payment made by Holdings III or any of its Restricted Subsidiaries in respect of its applicable share, determined pursuant to the terms of such 300 Millimeter Arrangement, of the depreciation and amortization expenses or charges in respect of capital expenditures made with respect to such 300 Millimeter Arrangement for such period that are recorded as research and development expenses of, but do not otherwise constitute Consolidated Depreciation and Amortization Expense of, Holdings III and its Restricted Subsidiaries on a consolidated basis for such period.

Equalization Payment has the meaning set forth in Section 5.1.4.1.

Equalization Payment means (in relation to a Unit issued by the Managers) the amount deemed to have been paid by the Holder for the capital sum deemed by the Manager to represent the amount included in an offer price of a Unit for the portion of net income accrued and capital gains realized up to the date upon which such Unit is deemed to have o been issued and (in relation to a Unit redeemed by the Managers) the amount deemed to have been paid to the Holder for the capital sum deemed by the Manager to represent the amount included in a bid price of a Unit for the portion of net income accrued and capital gains realized up to the date upon which such Unit is deemed to have been redeemed. o “Extraordinary Resolution” means a resolution passed at a meeting of Holders duly convened by giving not less than twenty one (21) days notice and held in accordance with the provisions contained in the Schedule hereto and carried by a majority consisting of not less than three quarters of the number of persons present and voting thereat upon a show of hands or if a poll is duly demanded and taken by a majority consisting of not less than three quarters in number of the votes given on such poll.

Examples of Equalization Payment in a sentence

• All Equalization Payments shall be made by 5:00 p.m. New York, NY time on the date such payment is required, provided that notice of such Equalization Payment shall have been given to the party obligated to make such payment by 1:00 p.m. New York, NY time; otherwise such Equalization Payment shall be made on the next Business Day.

• The obligation of the Administrative Agent and each Lender to make Equalization Payments shall not be affected by a bankruptcy filing by any VSE Entity, the occurrence of any Event of Default or any other act, occurrence or event whatsoever, whether the same occurs before, on or after the date on which an Equalization Payment is required to be made.

• Any Tax Equalization Payment will not be considered as additional Base Salary hereunder or taken into account as salary for purposes of the Annual Bonus Plan or any other benefit plan of the Company except as the terms of such plan may expressly provide otherwise.

• The Company shall make all determinations of the amount of Compensation, Hypothetical Tax Liability, Excess Tax, Actual Tax Liability and Tax Equalization Payment in accordance with this Section 22.

• In determining the amount of any Regular Taxes, the maximum applicable marginal rate of tax for the year in which the Tax Equalization Payment is payable shall be used.

More Definitions of Equalization Payment

Equalization Payment means (a) with respect to the Triggering Consolidation Transaction, the amount equal to 10% of the Excess Consideration, and (b) with respect to each Consolidation Transaction that occurs after the Triggering Consolidation Transaction, an amount equal to 10% of the Aggregate Consideration Value of such Consolidation Transaction.

Equalization Payment has the meaning set forth in Section 5.1.4.15.4(d)(i) (Subsequent Closings.).

Equalization Payment means the payment referred to in s. 5(1) of the Family Law Act,

Equalization Payment means, with respect to any period for any 300 Millimeter Arrangement, the payment made by Bermuda Holdings III or any of its Restricted Subsidiaries in respect of its applicable share, determined pursuant to the terms of such 300 Millimeter Arrangement, of the depreciation and amortization expenses or charges in respect of capital expenditures made with respect to such 300 Millimeter Arrangement for such period that are recorded as research and development expenses of, but do not otherwise constitute Consolidated Depreciation and Amortization Expense of, Bermuda Holdings III and its Restricted Subsidiaries on a consolidated basis for such period.

Equalization Payment means on any Equalization Distribution Date on which both MBX and ADM Polymer Corporation (or a Wholly Owned Affiliate of MBX or ADM Polymer Corporation) are Members of the Joint Sales Company, an amount equal to the following (without duplication):

Equalization Payment means the amount payable by one Party to the -------------------- other to share the Operating Profit or Losses between the Parties as shown on Exhibit B. By way of example, in a total Operating Profits situation, if ORTHO has an Operating Profit of 40 and CTI has an Operating Loss of 10, then the Equalizing Payment made by ORTHO to CTI will be 25. In a total Operating Losses situation, if ORTHO has an Operating Loss of 40 and CTI has an Operating Loss of 10, the Equalization Payment made by CTI to ORTHO will be 15.

Equalization Payment means, with respect to only the first 20 years for each Phase of the Project, the following: (a) in the event of a Diminution of Value under this Fee Agreement, the payment to the