Examples of First Determination Date in a sentence
If there is determined to be no Banked Payout after the First Determination Date, then the entirety of the Grantee’s Performance Share Unit award will be determined by the rTSR achievement at the end of the Performance Period based on the payout schedule in Section 1 to this Appendix A.
If the arithmetic average of the Weighted Average Prices for each of the ten (10) Trading Days immediately following the First Determination Date (the "First Adjustment Price") is less than the then existing Exercise Price, then on the tenth (10th) Trading Day following the First Determination Date, the Exercise Price then in effect shall be reduced (but in no event increased) to the First Adjustment Price.
The review by the Independent Accounting Firm shall be limited solely to the discrepancies and disagreements set forth in the First Determination Date Dispute Notice and a single written submission to the Independent Accounting Firm by each of Parent and the CO Member Representative with respect to such discrepancies and disagreements (which shall also be provided to the other party).
Using the facts set forth in the preceding example, if as of June 30, 2001, Cumulative Signed Purchasing Volume is $2,000 million, and 4,968,592 Tranche A Shares become Vested Shares, then 814,849 Tranche A Shares shall be deemed Tranche A Shortfall Shares as of the First Determination Date: 5,783,441 - 4,968,592 = 814,849 Tranche A Shortfall Shares A Determination Date as of which there is a Tranche A Shortfall Amount is referred to as a "TRANCHE A SHORTFALL DETERMINATION DATE".
Contractor will be responsible to the State for any economic detriment caused the State by such subcontract arrangement.Contractor shall, if requested to do so by the State, reassign from the State’s account any employee, subcontractor, or authorized representatives whom the State, in its sole discretion, determines is incompetent, dishonest, uncooperative, or unsuitable.