Forfeited Amount definition

Forfeited Amount has the meaning set forth in Section 1.7(c).
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Forfeited Amount means such amount as defined under Clause 6.5 below;
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Forfeited Amount means (i) the cash held in a Participant's Individual Fund Account, and (ii) the fair market value of the number of shares of Stock held in the Participant's Individual Shares Account, all determined on the last business day of the month following the month in which the Participant's Active Association with the Plan Sponsor is terminated.
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Examples of Forfeited Amount in a sentence

  • The amount of Additional Shares and Additional Cash Bonus awarded to the CEO under the MIP shall be determined after reducing the MIP Bonus by the Forfeited Amount.

  • In consideration for the opportunity to earn the Performance Bonus, CEO hereby unconditionally waives his right to receive the Forfeited Amount.

  • In consideration for the opportunity to earn the Performance Bonus, Executive hereby unconditionally waives his right to receive the Forfeited Amount.

  • The exercise of any or all of this Option shall be deemed to be consent to, and authorization of the payment to the Company of any Forfeited Amount.

  • The portion of the Forfeited Amount equal to the aggregate Pro Rata Percentage of the Unvested Company Options as to which no Applicable Vesting Date has occurred shall be reserved for distribution to the holders of such Unvested Company Options in accordance with this Section 2.11(k) or, to the extent that any such amounts shall become Forfeited Amounts, to Former Company Stockholders and Optionholders in accordance with this Section 2.11(k).

  • The amount of the Incentive Fee (multiplied by such Participant’s Incentive Percentage) for the Fiscal Year in which such Terminating Event occurs that is not due and payable as provided in this subsection 6.05 shall be reallocated to the Subaccounts of other Participants as if such amount was treated as a Forfeited Amount under subsection 8.01.

  • The amount of Additional Shares and Additional Cash Bonus awarded to the Executive under the MIP shall be determined after reducing the MIP Bonus by the Forfeited Amount.

  • The Parties agree that the Forfeited Amount is restitution under this Agreement.

  • If a Forfeiture Event occurs, the Participant will immediately forfeit any remaining part of the Option and to the extent that he or she has previously exercised any or all of the Option, the Participant will be immediately obligated to pay the Company the Forfeited Amount (defined below).

  • The Forfeited Amount shall be considered an alternate remedy under 31 U.S.C. § 3730(c)(5) of the FCA.


More Definitions of Forfeited Amount

Forfeited Amount has the meaning set forth in Section 2.11(k).
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Forfeited Amount means, with respect to an Award Date, the amount of Awards credited to Accounts as of such Award Date that have been forfeited by participants pursuant to Section 9.
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Forfeited Amount is defined in Section 8.4.
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Related to Forfeited Amount

  • Class B Invested Amount means, on any date of determination, an amount equal to (a) the Class B Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Distribution Dates, minus (d) the amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to subsection 4.08(a) (excluding any Reallocated Principal Collections that have resulted in a reduction in the Collateral Invested Amount pursuant to Section 4.08), minus (e) an amount equal to the amount by which the Class B Invested Amount has been reduced on all prior Distribution Dates pursuant to subsection 4.06(a) and plus (f) the amount of Excess Spread and Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.07(e) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Invested Amount may not be reduced below zero.

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Restricted Amount has the meaning set forth in Section 2.11(b)(iv).

  • Available Distribution Amount As to any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, an amount equal to (a) the sum of (i) the amount relating to the Mortgage Loans on deposit in the Custodial Account as of the close of business on the immediately preceding Determination Date, including any Subsequent Recoveries, and amounts deposited in the Custodial Account in connection with the substitution of Qualified Substitute Mortgage Loans, (ii) the amount of any Advance made on the immediately preceding Certificate Account Deposit Date, (iii) any amount deposited in the Certificate Account on the related Certificate Account Deposit Date pursuant to the second paragraph of Section 3.12(a), (iv) any amount deposited in the Certificate Account pursuant to Section 4.07, (v) any amount that the Master Servicer is not permitted to withdraw from the Custodial Account or the Certificate Account pursuant to Section 3.16(e), (vi) any amount received by the Trustee pursuant to the Surety Bond in respect of such Distribution Date and (vii) the proceeds of any Pledged Assets received by the Master Servicer, reduced by (b) the sum as of the close of business on the immediately preceding Determination Date of (w) aggregate Foreclosure Profits, (x) the Amount Held for Future Distribution, and (y) amounts permitted to be withdrawn by the Master Servicer from the Custodial Account in respect of the Mortgage Loans pursuant to clauses (ii)-(x), inclusive, of Section 3.10(a). Such amount shall be determined separately for each Loan Group. Additionally, with respect to any Mortgage Pool that is comprised of two or more Loan Groups, if on any Distribution Date Compensating Interest provided pursuant to this Section 3.16(e) is less than Prepayment Interest Shortfalls incurred on the Mortgage Loans in connection with Principal Prepayments in Full and Curtailments made in the prior calendar month, such Compensating Interest shall be allocated on such Distribution Date to the Available Distribution Amount for each Loan Group on a pro rata basis in accordance with the respective amounts of such Prepayment Interest Shortfalls incurred on the Mortgage Loans in such Loan Group in respect of such Distribution Date.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.