Equity increase definition

Equity increase means a salary increase provided to a classified employee to mitigate either a serious internal agency inequity or a documented external market condition.
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Equity increase means the increase in the equity value per common share of the Company's stock during each Award Cycle plus Dividends for that Award Cycle, determined pursuant to the following formula: Equity Increase (EI) equals the End Value (EV) minus the Initial Value (IV) plus Dividends (D). Namely . . .
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Equity increase shall have the meaning set forth in Section 1.4(b)(i).
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Examples of Equity increase in a sentence

  • A faculty member in a visiting position is not eligible for the Market Equity increase.

  • Equity increase for associate professors = ($79,500– 2013/14 base salary) x 0.20.

  • Equity increase for full professors = ($100,500 – 2014/15 base salary) x 0.20.

  • Equity increase for associate professors = ($79,500– 2014/15 base salary) x 0.20.

  • Equity increase for full professors = ($100,500 – 2013/14 base salary) x 0.20.

  • Eligibility for equity distribution for associate professors is limited to those associate professors whose 2019/2020 base salary is lower than ($88,000; Equity increase for associate professors = ($88,000 – 2019/2020 base salary) x .20.

  • Notwithstanding anything contained herein to the contrary, at Closing, the Preferred Equity increase shall not be less than $1,000,000.00.

  • Those Deputies whose rate of pay exceeds the amount of the maximum Step Pay Plan Level for their respective classification and / or rank prior to being placed into the Step Pay Plan shall retain their existing rate of pay without being placed into the Step Pay Plan and shall be eligible for a Market Equity increase of 3.0% on October 01st of each applicable fiscal year during the effective period of this Agreement.

  • The project seeks to advance gender mainstreaming legal and policy frameworks, promote the Law on Gender Equity, increase awareness of the gender equity issues, strengthen the capacity of the media to promote gender equity and increase the gender disaggregated statistical information.

  • Statements of Financial Position Total Equity increase by $2.5 million to $151.8 million as at 31 December 2018 due mainly to the profits generated from operations offset by payment of dividends.

Related to Equity increase

  • Capital Increase shall have the meaning specified in Section 2.1.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Facility Increase Request means the notice in the form of Exhibit H pursuant to which the Borrowers request an increase of the Maximum Commitment in accordance with Section 3.6.

  • Merit Increase means an increase in the rate of pay of an employee within the employee’s pay range which may be granted in recognition of satisfactory service on the employee’s anniversary date.

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Commitment Increase Notice as defined in Section 2.1(b).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Term Commitment Increase has the meaning specified in Section 2.14(a).

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Leverage Increase Period has the meaning specified in Section 7.11(a).