Extension Bonus definition

Extension Bonus means a bonus payable by the Licensee to the Government pursuant to Clause 2.3 in respect of an extension following the Second Extension Exploration Period.
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Extension Bonus means the amount of USD$2,000,000.00 paid by Syntroleum and the Farmees to YFP as provided under Schedule 4.1(C). Effective Date means the date this Agreement comes into effect as set out in Article 2.11.
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Examples of Extension Bonus in a sentence

  • In consideration for Seller rendering such services, upon the terms set forth below, Seller shall be paid an incentive consulting fee equal to (a) the lease Extension Bonus (as hereinafter defined) and (b) a percentage of "Net Cash Flow" (as hereinafter defined) from the Property for a three "Fiscal Year" (as hereinafter defined) period following the Closing Date pursuant to the following percentages (the "PERCENTAGE PROVISION").

  • This bonus is generally paid out after the new hire or enrollee successfully completes his or her initial assessment period.Resource Extension Bonus is an award given to recognize and reward staff for providing additional support at a time when there is significant staffing issues.Certification Bonus is an award given to an employee who becomes certified in a specialty that is recognized by Common Ground Child Care Center.

  • This amount would have been paid by the siding owner legitimately as per the extant orders if the Railway had not electrified the siding under LSR.When the matter was taken up (January 2009) with the Railway Administration, they stated (June 2009) that policy guidelines are evaluated and formulated by the Railway Board.

  • If the lease extension is executed following the Closing Date, the $250,000 Lease Extension Bonus will be cumulatively reduced by $9,523.81 a month, commencing on the fourth month from the Closing Date, on the second day of the month until a final executed and legally binding copy of the Qualifying Lease Extension is delivered to Buyer.

  • The amount of any such repayment will be as indicated in Section III of Schedule A hereto plus applicable interest from the date the Extension Bonus was paid at the rate of 2 percentage points above the 3 month EUROLIBOR.

  • The following SRIP bonuses are available to issue through GIMS:l Prior Service Enlistment Bonus - Reserve Component Career Counselor (PSEB RCCC)l Enlisted Affiliation Bonus (EAB)l Reenlistment Extension Bonus (REB)l Officer Affiliation Bonus (OAFB)l Officer Accession Bonus (OAB)l MOS Conversion Bonus (MOSCB) Note: Non-Prior Service Enlistment Bonuses (NPSEB) and Prior Service Enlistment Bonuses (PSEB) con- tracts, initiated at the MEPS, are processed through the REQUEST system outside GIMS.

  • In the event Employee terminates this Agreement voluntarily or his employment is terminated by NutraCea for Cause prior to June 30, 2011, then Employee shall immediately return the full amount of the Extension Bonus to NutraCea.

  • Investors receive a single payoff at Maturity (subject to the performance of the Reference Asset) in the form of the Extension Final Value.All references to the calculation of Coupons in the PDS are deleted accordingly, with respect to the Extension Units only.The Bonus Coupon per Extension Unit becomes payable on the Extension Bonus Coupon Determination Date and is calculated as the Final Value per Unit payable in respect of the original Units (if any) less the Extension Unit Issue Price.

  • The management in its reply dated November 23, 2021 explained that the DG (PC) had delegated power to get the lease extended on quarterly basis and the field was not commercially viable due to which it was decided to waive off the Lease Extension Bonus.

  • Any such termination as shall occur pursuant to any section of this Paragraph 6 shall be deemed to be a termination “for cause.” Upon any such termination “for cause,” all obligations of the Company to Xxxxxxxx hereunder shall terminate including, but not limited to, payment of the Agreement Extension Bonus pursuant to Paragraph 4(c).

Related to Extension Bonus

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

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

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Extension Period has the meaning set forth in Section 2.11.

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

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • Extension Date has the meaning specified in Section 2.19(b).

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Extension Rate means, for each distribution date following a Failed Remarketing with respect to the class A-5 notes if such notes are then in foreign exchange mode, the rate of interest payable to the related currency Swap Counterparty, generally not to exceed three-month LIBOR plus 0.75%, unless the remarketing agent, in consultation with the administrator, determine that market conditions or some other benefit to the trust requires a higher rate; provided that in each case the Rating Agency Condition is satisfied.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Extension Term means the time period defined in §2.C.

  • Tranche C Term Loan as defined in Section 2.1.

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Incremental Term B Loans has the meaning specified in Section 2.14(a).

  • Debt service extension base means an amount equal to that

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.