Fully Retired definition

Fully Retired means that the Buyer shall have fully disposed of all the Securities issued or issuable hereunder, shall no longer have any investment in, or ownership of, any of the Securities, all amounts owed to YA Global under the Transaction Documents shall have been paid, and the Transaction Documents shall have been terminated. When the Securities are Fully Retired, the remaining Escrow Funds shall be returned to the Company or otherwise disbursed in accordance with the Escrow Agreement.
Fully Retired means a dentist, dental hygienist, or denturist is at least 65 years old and has totally withdrawn from the active practice of dentistry, dental hygiene, or denturism.
Fully Retired means that the Buyer shall have fully disposed of all the Securities issued or issuable hereunder, shall no longer have any investment in, or ownership of, any of the Securities, all amounts owed to YA Global under the Transaction Documents shall have been paid, and the Transaction Documents shall have been terminated. When the Securities are Fully Retired, the remaining Escrow Funds shall be returned to the Company or otherwise disbursed in accordance with the Escrow Agreement. The Company shall pay a structuring and due diligence fee to the Investment Manager of Thirty-Five Thousand Dollars ($35,000) which shall be paid directly from the proceeds of the First Closing. The structuring and due diligence fee shall be nonrefundable and payable whether or not any Closing occurs. As promptly as possible, but in no event later than two (2) Business Days following the Company’s receipt of notification that the Listed Shares have been listed on the American Stock Exchange, the Company shall issue to the Buyer ninety four thousand eight hundred and ninety-nine (94,899) shares of Common Stock (the “First Closing Commitment Shares”). As promptly as possible, but in no event later than two (2) Business Days after the Third Closing, the Company shall file an application for the listing upon the American Stock Exchange of Sixty Thousand Dollars ($60,000) of Common Stock, calculated based on the volume weighted average price of the Common Stock over the five (5) trading days prior to the Third Closing (the “Third Closing Commitment Shares” and together with the First Closing Commitment Shares, the “Commitment Shares”) and upon notification that such shares have been listed will use its best efforts to secure and maintain such listing. As promptly as possible, but in no event later than two (2) Business Day following the Company’s receipt of notification that the Third Closing Commitment Shares have been listed on the American Stock Exchange, the Company shall issue the Buyer the Third Closing Commitment Shares. Reserved.

Examples of Fully Retired in a sentence

  • The Investment Manager shall periodically receive portions of the Escrow Funds in accordance with the Escrow Agreement until either: (1) the Escrow Funds shall have been fully disbursed pursuant the Escrow Agreement or (2) the Securities shall have been Fully Retired.

  • When the Securities are Fully Retired, the remaining Escrow Funds shall be returned to the Company or otherwise disbursed in accordance with the Escrow Agreement.

  • When the Securities (as defined below) are Fully Retired, the remaining Escrow Funds shall be returned to the Company or otherwise disbursed in accordance with the Escrow Agreement.

  • The Investment Manager shall periodically receive portions of the Escrow Funds in accordance with the Escrow Agreement until either: (1) the Escrow Funds shall have been fully disbursed pursuant the Escrow Agreement or (2) the Securities (as defined below) shall have been Fully Retired.

  • One is the idea of introducing tangent measures to characterize the regularity of measures by means of their local behavior [cf.

  • Employer’s NameJob TitleType of BusinessNo. of Years With EmployerEmployer’s Address: Street CityStateZip CodeOffice Phone No.Other Source(s) of Income3RankRate☐ DoD Military☐ Civilian DoD Employee☐ Non-DoD Civilian EmployeeRe-enlistment/EAOS Date (MM/DD/YYYY)☐ Retired, but Employed☐ Fully Retired ☐ Not a Wage Earner3Stocks, alimony, pension, etc.

Related to Fully Retired

  • Retired means that an architect is not engaged in the practice of architecture or earning monetary compensation by providing professional architectural services in any licensing jurisdiction of the United States or a foreign country.

  • Disability retirement for plan 1 members, means the period

  • Retired employee means an employee of the state who retired after April 29, 1971,

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Early Retirement means retirement, with consent of the Committee at the time of retirement, from active employment with the Company and any Subsidiary or Parent Corporation of the Company.

  • Qualified Retirement means any termination of your employment with the Company Group that occurs on or after your 60th birthday, at a time when no member of the Company Group is entitled to discharge you for Cause, so long as you have served the Company Group continuously for at least the five-year period immediately preceding that termination.

  • Mandatory Retirement means termination of employment pursuant to the Company’s mandatory retirement policy.

  • Long-Term Disability means the Grantee is receiving long-term disability benefits under the Employer’s long-term disability plan.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Tax Code.

  • Early Retirement Date means: the day on which a Participant who has attained age fifty-five (55), but has not reached age sixty-five (65), with ten (l0) or more years of Credited Service, retires. A Participant is eligible for early retirement on the first day of the calendar month coincidental with or immediately following the attainment of age fifty-five (55) and the completion of ten (l0) years of Credited Service, and "early retirement" shall mean retirement by an eligible Participant at the Early Retirement Date.

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Qualified disabled veteran means a business entity that is 51% or more owned by one or more veterans with a service- connected disability.

  • Qualified disability expenses means that term as defined in section 529A of the internal revenue code.

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Disqualified Partnership Any domestic entity classified as a partnership under the Code if any of its direct or indirect beneficial owners (other than through a U.S. corporation) are (or, under the applicable partnership agreement, are permitted to be) Disqualified Non-United States Tax Persons.

  • Qualified relative for purposes of item 5, means a spouse, parent, stepparent, brother, sister, stepbrother, stepsister, half-brother, half-sister, uncle, aunt, niece, nephew, first cousin, or any person denoted by the prefix "grand" or "great," or the spouse of any of the persons specified in this definition, even after the marriage has been terminated by death or dissolution.

  • Approved Retirement means any voluntary termination of employment that occurs on or after the date on which the sum of your age and years of employment with Deluxe and/or its Affiliates equals at least seventy-five (75) and that is approved by the Compensation Committee of the Board.

  • Retired member means any former member receiving a retirement allowance or any former member who has filed the necessary documents for retirement benefits and is no longer contributing to the retirement system;

  • Continuing care retirement community means a residential

  • Military status means a person's status in "service in the uniformed services" as defined in section 5923.05 of the Revised Code.

  • Commonly Controlled Entity an entity, whether or not incorporated, that is under common control with the Borrower within the meaning of Section 4001 of ERISA or is part of a group that includes the Borrower and that is treated as a single employer under Section 414 of the Code.

  • Qualified company means a For- eign Issuer whose securities are quali- fied for investment on a tax-deferred basis by a Canadian Retirement Ac- count under Canadian law.

  • Non-Performing Common Equity means Capital Stock (other than Preferred Stock) and warrants of an issuer having any debt outstanding that is non-Performing.