Performance Bonus Date definition

Performance Bonus Date means the Business Day immediately prior to the last day of the Performance Bonus Term.

Performance Bonus Date means the earliest to occur of (a) the day on which the assets of the Partnership are transferred pursuant to a Mutual Fund Rollover Transaction; (b) the day a Liquidity Alternative is completed; and(c) the day immediately prior to the date the assets of the Partnership are distributed in connection with the dissolution or winding up of the affairs of the Partnership.

Performance Bonus Date means the last day of the Performance Bonus Term.

Examples of Performance Bonus Date in a sentence

• The Accrued Performance Bonus shall be payable fifty percent (50%) in cash by the Company (less applicable deductions) with the remainder in common stock of the Company ("Common Stock"), the number of shares of which to be determined based upon the average closing price for the Common Stock at the close of business for the five (5) trading days immediately preceding the Accrued Performance Bonus Date ("Accrued Performance Stock Purchase Price").

• The Performance Bonus Date is the earliest of the date of the liquidity event or date immediately prior to the dissolution or winding up of the affairs of the Limited Partnership.

• The Employee shall receive from the Company, on or before June 30, 2002 ("Accrued Performance Bonus Date") a bonus for the Employee's dedication and devotion to the Company over the past ten (10) years in the amount of Fifty Thousand Dollars ($50,000)("Accrued Performance Bonus").

• The General Partner is also entitled to a performance bonus equal to 20% of the product of: (a) the number of units outstanding on Performance Bonus Date (as defined in the LPA); and(b) the amount by which the net asset value per unit (prior to giving effect to the performance bonus) plus the total distributions per unit during the Performance Bonus Term exceeds $28.

• The Performance Bonus Fee is equal to 20% of the amount by which (a) the sum of (A) the Net Asset Value per Unit on the Performance Bonus Date and (B) all distributions per Unit during the Performance Bonus Period exceeds (b) the sum of$10.00 plus appreciation thereon at the rate of 8% per annum, compounded annually, during the Performance Bonus Period.

• The General Partner will be entitled to a performance bonus (the “Performance Bonus”), as an allocation of income from the Partnership, equal to 20% of the product of: (a) the number of Units outstanding on the business day immediately prior to the last day of the Performance Bonus Term (the “Performance Bonus Date”), and (b) the amount by which the Net Asset Value per Unit on the Performance Bonus Date plus the aggregate value of all distributions on Units during the Performance Bonus Term exceeds $100.

• The General Partner is also entitled to a performance bonus equal to 20% of the product of: (a) the number of units outstanding on Performance Bonus Date (as defined in the LPA); and (b) the amount by which the net asset value per unit (prior to giving effect to the performance bonus) plus the total distributions per unit during the Performance Bonus Term exceeds $28.

• In addition, the General Partner is entitled to a performance bonus equal to 20% of the product of: (a) the number units of that Class outstanding on Performance Bonus Date (as defined in the LPA); and (b) the amount by which the Net Asset Value per unit of that Class (prior to giving effect to the performance bonus) plus the total distributions per unit of that Class over the Performance Bonus Term exceeds $25.

• In addition, the General Partner is entitled to a performance bonus equal to 20% of the product of: (a) the number units of that Class outstanding on Performance Bonus Date (as defined in the LPA); and (b) the amount by which the Net Asset Value per unit of that Class (prior to giving effect to the performance bonus) plus the total distributions per unit of that Class over the Performance Bonus Term exceeds $25.Income taxes The Partnership is not subject to income taxes.

• The General Partner is also entitled to a performance bonus equal to 20% of the product of: (a) the number of units outstanding on Performance Bonus Date (as defined in the LPA); and (b) the amount by which the net asset value attributable to partners’ capital per unit (prior to giving effect to the performance bonus) plus the total distributions per unit during the Performance Bonus Term exceeds $28.

More Definitions of Performance Bonus Date

Performance Bonus Date means the earliest to occur of (a) the day on which the assets of the Partnership are transferred pursuant to a Mutual Fund Rollover Transaction; (b) the day a Liquidity Alternative is completed; and

Performance Bonus Date means the earliest to occur of (i) the business day prior to the date on which the Partnership’s assets are transferred to the Mutual Fund and (ii) the business day immediately prior to the date of dissolution or termination of the Partnership.

Performance Bonus Date means the Business Day immediately prior to the last day of the Performance Bonus Term and is the date upon which the Performance Bonus will be calculated.

Performance Bonus Date means the day immediately prior to the date of dissolution or termination of the Partnership.

Performance Bonus Date means the Business Day upon which all of the assets of the Partnership are disposed of under the liquidation of the Partnership and the payment of all liabilities of the Partnership (save the Performance Bonus, if any) has been made.

Performance Bonus Date means the earliest to occur of (i) the business day prior to the date on which the