Gain Share definition

Gain Share means, (i) first, with respect to the Holders of Class A Certificates that have had their Certificates redeemed or exchanged (to the extent applicable to such a redemption or exchange pursuant to the operative provisions of the Series Certificate Agreement), the product of (a) 10% of the Disposition Gain and (b) the ratio of the Aggregate Outstanding Class A Certificate Balance to the Aggregate Outstanding Certificate Balance (as determined immediately prior to the redemption or exchange, as applicable, of Certificates); and (ii) second, with respect to the Holders of Class B Certificates, the remaining Disposition Gain. Gain Share with respect to the Holders of the Class A Certificates for any one Bond is expressed as the variable “GS” in the following formula: GS = (.10)(DG)( CLA ) CLA+CLB where DG = Disposition Gain CLA = Aggregate Outstanding Class A Certificate Balance CLB = Aggregate Outstanding Class B Certificate Balance Example: Assumptions:
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Gain Share means a Project Gain Share or a Sale Gain Share, as applicable;
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Gain Share means, with respect to any Maturity of Bonds and any Holders of the affected portion (up to 100%) of the Related Stated Amount of Floater Certificates Selected by Lot whose Floater Certificates have been redeemed or purchased in connection with any redemption or sale of the Bonds of such Maturity, the pro rata share to which such Holders of Floater Certificates are entitled of the product of (x) 5%, multiplied by (y) the excess, if any, of (A) the redemption or sale price of the Bonds of such Maturity (not including accrued and unpaid interest), minus (B) the Bond Base Price of the Bonds of such Maturity redeemed or sold.
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Examples of Gain Share in a sentence

  • The Gain Share Committee will work to develop and implement the Plan as expeditiously as practical, including details such as: Any such plan(s) will be implemented only by mutual agreement of the parties and will be subject to approval of the approval of the Company’s Chief Operating Officer and the TWU International prior to implementation.

  • The amount allocated to each Member under this Section shall be an amount equal to the total net decrease in the Member's Minimum Gain Share at the end of the immediately preceding taxable year.

  • Any fractional Gain Share that results from the computations hereunder shall be rounded up to the nearest whole number.

  • The Gain Share Committee will work to develop and implement the Plan as expeditiously as practical, including details such as: Any such plan(s) will be implemented only by mutual agreement of the parties and will be subject to the approval of the Company’s Chief Financial Officer and the TWU International prior to implementation.

  • The variable compensation plan covering Title II employees will incorporate the following principles: The Plan will be designed to promote and reward exceptional performance across the areas of: Performance in each of these areas will be tracked and reported utilizing Metrics which are: The parties agree to create a Gain Share Committee consisting of leadership from the following departments, plus one Committee Chairperson: Management and TWU will be represented on the Gain Share committee.

  • The variable compensation plan covering Line Maintenance employees will incorporate the following principles: The Plan will be designed to promote and reward exceptional performance across the areas of: Performance in each of these areas will be tracked and reported utilizing Metrics which are: The parties agree to create a Gain Share Committee consisting of leadership from the following departments, plus one Committee Chairperson: Management and TWU will be equally represented on the committee.

  • The Gain Share percentage range is based on the plant meeting attainment objectives for two (2) separate areas and overall plant sales returns quality metrics.

  • However, in no event may a Holder of Class A Certificates exercise its Optional Disposition Right unless the Hypothetical Gain Share is greater than zero.

  • Mail copies to Lakes and Pines at 1700 East Maple Avenue, Mora, MN 550513.

  • If the Hypothetical Gain Share is not greater than zero, the Optional Disposition Date for which the Optional Disposition Right has been exercised will be cancelled, and any Class A Certificates delivered to the Administrator pursuant to the preceding paragraph will be returned to the Holders thereof.


More Definitions of Gain Share

Gain Share. ' means, (i) Ñrst, with respect to the Holders of Class A CertiÑcates that have had their CertiÑcates redeemed or exchanged (to the extent applicable to such a redemption or exchange pursuant to the operative provisions of the Series CertiÑcate Agreement), the product of
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Gain Share means, if applicable, (i) first, with respect to the Holders of Class A Certificates that have had their Certificates redeemed or exchanged (to the extent applicable to such a redemption or exchange pursuant to the operative provisions of the Series Certificate Agreement), the product of (a) 10% of the Disposition Gain and (b) the ratio of the Aggregate Outstanding Class A Certificate Balance to the Aggregate Outstanding Certificate Balance (as determined immediately prior to the redemption or exchange, as applicable, of Certificates); and (ii) second, with respect to the Holders of Class B Certificates, the remaining Disposition Gain. Gain Share with respect to the Holders of the Class A Certificates for any one Deposited Asset is expressed as the variable “GS” in the following formula: where Example: Assumptions: DG = Disposition GainCLA = Aggregate Outstanding Class A Certificate Balance CLB = Aggregate Outstanding Class B Certificate Balance
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Gain Share means 10% of any applicable Gain.
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Gain Share. ' means, (i) first, with respect to the Holders of Class A Certificates that have had their Certificates redeemed or exchanged (to the extent applicable to such a redemption or exchange pursuant to the operative provisions of the Series Certificate Agreement), the product of
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Related to Gain Share

  • Free Share means, in respect of a Fund, each C share of the Fund, other than a Commission Share (including, without limitation, any C share issued in connection with the reinvestment of dividends or capital gains).

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Net Consideration Per Share means the amount equal to the total amount of consideration, if any, received by the Company for the issuance of such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities, plus the minimum amount of consideration, if any, payable to the Company upon exercise or conversion thereof, divided by the aggregate number of shares of Common Stock that would be issued if all such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities were exercised, exchanged or converted.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Per Share Amount has the meaning set forth in Section 3.01(c).

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Target Share means any share of the Common Stock, par value $.01 per share, of the Target.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Contribution Share means, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Borrower and all of the Guarantors other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Borrower and the Guarantors hereunder) of the Borrower and all of the Guarantors other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 4.6 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under applicable law against the Borrower in respect of any payment of Guaranteed Obligations. Notwithstanding the foregoing, all rights of contribution against any Guarantor shall terminate from and after such time, if ever, that such Guarantor shall be relieved of its obligations pursuant to Section 8.4.

  • Common Share means one share of the common stock of the Company.

  • Time share means either a time-share estate or a time-share use plus its incidental benefits;

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Fund Share means the share, unit, or other evidence of ownership in a Permissible Investment.

  • Daily Share Amount means, with respect to any VWAP Trading Day, the quotient obtained by dividing (A) the excess, if any, of the Daily Conversion Value for such VWAP Trading Day over the applicable Daily Maximum Cash Amount by (B) the Daily VWAP for such VWAP Trading Day. For the avoidance of doubt, the Daily Share Amount will be zero for such VWAP Trading Day if such Daily Conversion Value does not exceed such Daily Maximum Cash Amount.

  • Class A Share means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Allocated Share for any month means that percentage of CMISC Reimbursable Out-of-Pocket Expenses which would be allocated to a Fund for such month in accordance with the methodology described below under the heading “Methodology of Allocating CMISC Reimbursable Out-of-Pocket Expenses.”

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.