Monthly Amount definition

Monthly Amount shall be an amount equal to one-twelfth of the sum of (a) the Executive’s then current annual base salary (excluding any incentive or bonus), and (b) the amount of any cash bonus awarded to the Executive for the then most recently concluded fiscal year of the Company.

Monthly Amount means an amount equal

Monthly Amount means (a) $68,750 for the shorter of (i) the first 24 months of the Extension Period or (ii) the Employment Period if less than 24 months because the Company terminates Executive's employment for Cause or Executive terminates his employment without Good Reason; and (b) $60,227 for the remainder of the Extension Period.

Examples of Monthly Amount in a sentence

• The total EFT Amount(s) shall total the “Current Monthly Amount Remitted to GSA” identified on the report.

• In the event of a termination of this Agreement, Client shall only be responsible to pay the Monthly Amount through the date of termination and in such event, the Monthly Amount for such month in which this Agreement is terminated shall be pro-rated by dividing the Monthly Amount by the number of days in the month in which the termination takes effect and then multiplying such number by the number of days that have lapsed in that month prior to the effective date of the termination.

• Base Policy $[1,545.50] Riders $[988.51] Net Annual Premium: $[2,280.61]{*} [Mode of Premium Payment: [Special Monthly] Amount: $199.55] There are four premium modes available.

• The first such installment of the Monthly Amount shall be billed the first day of the first full month following the date hereof and on the first day of each month thereafter for the next eleven months.

• The Parties acknowledge that the economic terms of this Agreement, including the Fixed Monthly Amount and the revenues retained by Xxxxx pursuant to Section 3.2, have been established based upon an estimate of such capital expenditures and operating costs (including fuel) and the Parties have agreed that Xxxxx shall bear the risk and retain the benefit of any savings related to estimated capital expenditures and operating costs during the Term.

More Definitions of Monthly Amount

Monthly Amount means the following:

Monthly Amount shall be an amount equal to one-twelfth of the sum of (a) the Executive’s then current annual base salary (excluding any incentive or bonus), and (b) the amount of any cash bonus awarded to the Executive for the then most recently concluded fiscal year of the Company, provided that for purposes of this calculation only, the cash bonus shall be deemed to be (1) not less than 75% of the average cash bonus awarded to the Executive for the then most recently concluded fiscal year of the Company and the preceding two fiscal years, and (2) not greater than 125% of the average cash bonus awarded to the Executive for the then most recently concluded fiscal year of the Company and the preceding two fiscal years.

Monthly Amount means the balance at the end of the month in the Bank Account kept under clause 3.1 prior to any amount being deducted for Credit Card Merchant Fees; • Payments means money collected on behalf of an Agency by Our Community for services or products being sold or distributed by or on behalf of an Agency.

Monthly Amount in any of the Loan Documents shall mean the sum of the “Monthly Amount” payable under each of the promissory notes constituting the Notes, as amended by the Sixth Defeasance Amendments to Notes; and (b) “Principal Amount” in any of the Loan Documents shall mean the sum of the “Principal Amount” outstanding under each of the promissory notes constituting the Notes, as amended by the Sixth Defeasance Amendments to Notes.

Monthly Amount has the meaning set forth in Section 2.1.

Monthly Amount means an amount equal to the product

Monthly Amount means an amount equal to the product of the net receipts received by the department in the month attributable to the state gross receipts tax multiplied by a fraction, the numerator of which is one-eighth percent and the denominator of which is the tax rate imposed by Section 7-9-4 NMSA 1978 in effect on the last day of the previous month;