Payment Multiple definition

Payment Multiple means 3.0 for Tier I Participants, 2.0 for Tier II Participants and 1.5 for Tier III Participants.
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Payment Multiple means:
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Payment Multiple means U.S.$100,000.
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Examples of Payment Multiple in a sentence

  • Notwithstanding section 2.2, no payments shall be due to Purchaser ▇▇▇▇ Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple.

  • Notwithstanding section 2.2, no payments shall be due to Purchaser afler Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple.

  • Your Termination Payment Multiple shall be [__] and your Change in Control Termination Payment Multiple shall be [__].

  • In addition, if requested in writing by the Servicer and approved by the Administrative Agent within ten Business Days of the Trustee’s delivery of such report, the Trustee shall return any Asset which fails to satisfy a Review Criterion to the Seller.

  • In the event the Executive is not employed for a full calendar year prior to the Change in Control, the Severance Payment shall be an amount equal to the Payment Multiple multiplied by one-twelfth of Executive's annual base salary.

  • Notwithstanding section 2.2, no payments shall be due to Purchaser after Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple.

  • Notwithstanding section 2.2, no payments shall be due to Purchaser aIer Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple.

  • The "Payment Multiple" shall be the number of months in the Severance Protection Period.

  • Maximum Payment Multiple 1.5 x Revenue Percentage1 3.8 - 15.2% Payment Frequency Quarterly Sharing Start Date The first day after disbursement that the company has revenues greater than one ($1) dollar First Payment Date The last day of the calendar quarter ending not less than 90 days after the Sharing Start Date 1 The rate of revenue sharing is calculated on a linear scale with a minimum rate of 3.8% and a maximum rate of 15.2% and is rounded to the nearest 1/10th percent.

  • Maximum Payment Multiple 1.5 x Revenue Percentage1 5.0 - 15.0% Payment Frequency Quarterly Sharing Start Date The first day after disbursement that the company has revenues greater than one ($1) dollar First Payment Date The last day of the calendar quarter ending not less than 90 days after the Sharing Start Date 1 The rate of revenue sharing is calculated on a linear scale with a minimum rate of 5.0% and a maximum rate of 15.0% and is rounded to the nearest 1/10th percent.


More Definitions of Payment Multiple

Payment Multiple shall be the number of months in the Severance Protection Period.
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Payment Multiple means: 2.5, in the case of the CEO; 2.0, in the case of the COO, CFO, SVP, EVP and GC;
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Payment Multiple means: 2.5, in the case of the CEO; 2.0, in the case of the CRO, CFO, EVP, GC, SVP-TO, VP-RAD, VP-BE and VP-HRO; and 1.5 in the case of the CIO, CC, VP-BI and AGC.
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Payment Multiple means 2.0 for Tier I Participants, 1.0 for Tier II Participants, 0.5 for Tier III Participants, and as designated by the Committee on an individual basis for Tier IV Participants.
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Related to Payment Multiple

  • Borrowing Multiple means (a) in the case of a Borrowing denominated in US Dollars, US$1,000,000 and (b) in the case of a Borrowing denominated in any Alternative Currency, 1,000,000 units of such currency.

  • Multiple means the least of (i) three, (ii) the greater of one and the number of years and fractions thereof during the period from the Date of Termination (as hereinafter defined) and the Executive's 65th birthday, and (iii) if the Executive had announced his intention to retire before the Date of Termination, the number of years and fractions thereof from the Date of Termination until the date of such intended retirement.

  • Rounding Amount means, if the Relevant Currency is (a) USD or EUR, 1,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, (b) JPY, 100,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, or (c) any other currency, such amount approved by the relevant Convened DC and set forth in Schedule 1 to these Credit Derivatives Auction Settlement Terms.

  • Excess means an amount of money paid in a calendar year towards the cost of each hospital episode of care up to an annual maximum before fund benefits are payable.

  • Final Payment Percentage is five percent (5.00%).