Fixed Grant definition

Fixed Grant means the grant of an annual, 4,000 Share Option to each Non-Employee Director pursuant to Section 7(b) of the Plan.

Examples of Fixed Grant in a sentence

  • All grants paid under the Fixed Grant Scheme are exclusive of VAT.

  • Each subsequent Tranche of Fixed Grant shall be deposited in the Escrow Account within 6 (six) months of receipt of written request from the Concessionaire accompanied by a certificate from the Statutory Auditor of the Concessionaire that the Concessionaire has expended at least 50% (fifty percent) of the previous Tranche of the Fixed Grant towards meeting a part of the Total Project Cost.

  • The Escrow Bank shall disburse each Tranche of the Fixed Grant in accordance with the Payment Milestones as prescribed in Schedule 18, and as and when due, but no later than 30 (thirty) days of receiving a request from the Concessionaire along with necessary particulars as specified in the Escrow Agreement.

  • The Fixed Grant shall be applied by the Concessionaire for meeting the Total Project Cost.

  • Table 1: FEPS Fixed Grant RatesApplies to sites with completion dates on or after 01.01.08 Grant/Premium Category (GPC) The grant is available in respect of costs incurred in the establishment of a plantation.

  • We disagree that Ellerman has a present lack of insight and conclude the evidence only supports a finding that Ellerman had not established cognizable steps towards reform until at least 2012.

  • Thinning and Tending (Fixed Grant)  Improvement Felling of malformed and over mature trees Felling of additional trees to release potential crop.

  • The Plan shall consist of (i) a Fixed Grant Program under which eligible Directors shall be granted monthly shares of Class A Common Stock of the Corporation and (ii) a Discretionary Grant Program under which eligible persons may, at the discretion of the Plan Administrator, be granted shares of Class A Common Stock of the Corporation.

  • The LMIS is an important tool and information source for the PSM system.

  • They include the Energy Efficiency Conservation Block Grant, four Grid Resilience and Innovation Partnership (GRIP) program grants that will be discussed in the following two agenda items, and the Energy Improvements in Rural and Remote Areas (ERA) Fixed Grant Award Program.

Related to Fixed Grant

  • Sub-grant means a grant made or proposed to be made by the Recipient to a Beneficiary out of the proceeds of the Financing for the purpose of financing a Subproject; and “Sub-grants” means more than one such Sub-grant.

  • Date of Option Grant means __________________.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • System for Award Management (SAM) database means the primary Government repository for contractor information required for the conduct of business with the Government.

  • Implementation Grant means payments towards Recurrent Expenditure incurred for the establishment of the Academy prior to it opening.

  • Performance Grant means an Award subject, in part, to the terms, conditions and restrictions described in Section 9, pursuant to which the recipient may become entitled to receive cash, Class A Shares, Other Real Goods Securities or property, or other forms of payment, or any combination thereof, as determined by the Committee.

  • System for Award Management (XXX) means the Federal repository into which an Entity must enter the information required under the Transparency Act, which may be found at xxxx://xxx.xxx.gov.

  • Effective date of enrollment means the first date when an en- rollee is entitled to receive covered benefits.

  • Capitalization grant means the federal grant made to this state by the United States environmental protection agency for either of the following purposes:

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Multiple Source Award means an award of an indefinite quantity contract for one or more similar services, items of tangible personal property or construction to more than one Offeror.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.

  • Grant means mortgage, pledge, bargain, warrant, alienate, remise, release, convey, assign, transfer, create, grant a lien upon and a security interest in and right of set-off against, deposit, set over and confirm pursuant to this Indenture. A Grant of the Collateral or of any other agreement or instrument shall include all rights, powers and options (but none of the obligations) of the Granting party thereunder, including the immediate and continuing right to claim for, collect, receive and give receipt for principal and interest payments in respect of the Collateral and all other moneys payable thereunder, to give and receive notices and other communications, to make waivers or other agreements, to exercise all rights and options, to bring proceedings in the name of the Granting party or otherwise and generally to do and receive anything that the Granting party is or may be entitled to do or receive thereunder or with respect thereto.

  • Stationary source means any building, structure, facility, or installation which emits or may emit any federally regulated air pollutant.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.

  • Performance Award Agreement means a written agreement between the Company and a Participant with respect to a Performance Award.

  • Number of Students Who Began the Program means the number of students who began a program who were scheduled to complete the program within 100% of the published program length within the reporting calendar year and excludes all students who cancelled during the cancellation period.

  • Subgrant means an award of financial assistance to an eligible subgrantee, in this case, awards by the State of New Jersey, Department of Education to local education agencies or other eligible entities.