Hold Back Amount definition

Hold Back Amount means, with respect to any Accrual Period, USD5,000 but increasing to (i) USD7,000 for Accrual Periods commencing after the time that the Paid- Up Amount exceeds USD500,000,000 and (ii) USD9,000 for Accrual Periods commencing after the time that the Paid-Up Amount exceeds USD1,000,000,000.

Hold Back Amount means, with respect to any Accrual Period, USD5,000 but increasing to

Hold Back Amount means, with respect to any Permitted Disposition of a Station, the aggregate amount of all payments payable to the Obligors, directly or indirectly, in connection with such disposition, whether at the time thereof or after such disposition, under earn-outs, indemnities or other contingent obligations, escrowed funds, or other similar arrangements entered into in connection with such disposition.

Examples of Hold Back Amount in a sentence

• Provided that, where following a redemption pursuant to Condition 5, the Paid-Up Amount on the last day of an Accrual Period is less than USD1,000,000,000 or USD500,000,000, then the Hold Back Amount for such Accrual Period shall decrease to respectively, USD7,000 or USD5,000.References to assets, liabilities, operating expenses, costs, income, gains and losses and references to accrual or accrued shall be calculated in accordance with Irish tax law.

• Provided that, where following a redemption pursuant to Condition 5 of the Securities, the Paid-Up Amount on the last day of an Accrual Period is less than USD1,000,000,000 or USD500,000,000, then the Hold Back Amount for such Accrual Period shall decrease to respectively, USD7,000 or USD5,000.

• Hold Back Amount shall be with respect to any Accrual Period, USD5,000 but increasing to (i) USD7,000 for Accrual Periods commencing after the time that the Paid-Up Amount exceeds USD500,000,000 and (ii) USD9,000 for AccrualPeriods commencing after the time that the Paid-Up Amount exceeds USD1,000,000,000.

• Provided that, where following a redemption pursuant to Condition 5 of the Security, the Paid-Up Amount on the last day of an Accrual Period is less than USD1,000,000,000 or USD500,000,000, then the Hold Back Amount for such Accrual Period shall decrease to respectively, USD7,000 or USD5,000.

• Hold Back Amount shall be with respect to any Accrual Period, USD5,000 but increasing to (i) USD7,000 for Accrual Periods commencing after the time that the Paid-Up Amount exceeds USD500,000,000 and (ii) USD9,000 for Accrual Periods commencing after the time that the Paid-Up Amount exceeds USD1,000,000,000.

More Definitions of Hold Back Amount

Hold Back Amount means, with respect to any Accrual Period, USD1,000.

Hold Back Amount means, with respect to any Accrual Period, the greater of (a) 2 per cent of the net profit as recognised under the Income Statement of the Issuer as adopted for tax purposes before the accrual of the Periodic Return or (b) Zero.

Hold Back Amount has the meaning set forth in Section 2.6.

Hold Back Amount means Two Million Five Hundred Thousand ($2,500,000) Dollars.

Hold Back Amount means $600,000.

Hold Back Amount means, for the initial Contract Year, the percentage of the LifeCell Amount equal to OMP's reserve for bad debts, as determined in accordance with United States generally accepted accounting principles, expressed as a percentage of OMP's accounts receivable with respect to the end of the immediately preceding fiscal year. The Initial Hold Back Amount shall be [***] percent ([***]%). The Hold Back Amount for all subsequent Contract Years shall mean the percentage of the LifeCell Amount equal to OMP's Actual Bad Debt (as defined below) directly related to the sale of Product for the immediately preceding Contract Year expressed as a percentage of OMP's accounts receivable with respect to the sale of Product. "Actual Bad Debt" shall mean OMP's customer accounts for the sale of Product for which payments are one hundred and twenty (120) days or more past due, and actually written off against OMP's bad debt reserve account.

Hold Back Amount has the meaning set forth in Section 3.2.