Profit Share Amount definition

Profit Share Amount means an amount equal to:
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Profit Share Amount means each of the BN Odyssey Profit Share Amount, the BN Orion Profit Share Amount, the NewCo 1 Profit Share Amount, the NewCo 2 Profit Share Amount, the NewCo 3 Profit Share Amount and the NewCo 4 Profit Share Amount, and may be referred to jointly as the Profit Share Amounts.
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Profit Share Amount means with respect to any Permitted Product Agreement that includes a profit sharing or profit and loss sharing arrangement in a particular territory (a “Profit Share Territory”),
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Examples of Profit Share Amount in a sentence

  • Profit Share Amount: An amount which is the Proportion-ate Equivalent of the dividends which were proposed by the issuer’s board of directors and concluded by the Issuer’s shareholders during the Annual General Assembly to be paid out on all Issuer shares (Dividend Amount), paid in the Settlement Cur- rency by the Profit Share Payer, i.e. the Issuer.

  • Goals: Goals of the IL Network for the three-year period of the plan.

  • On 17 April 2012, STST entered into the "BN Odyssey Head Charterparty" with BN Odyssey (attached hereto in Appendix 5) pursuant to which STST chartered the MV Odyssey for a period of five (5) years from BN Odyssey at the rate of USD 15,500 per day plus any BN Odyssey Profit Share Amount earned pursuant to the BN Odyssey Profit Sharing Addendum.

  • Profit Share Amount Payer: modum.io AG, CHE-432.725.569,Technoparkstrasse 1, 8005 Zürich, CHF 145’740.00 total share capital Start Date: MOD tokenholder’s right to receive a Profit Share Amount for the respec- tive Profit Share Period begins with the allocation of MOD tokens to the tokenholder’s wallet.

  • For the avoidance of doubt, the Reinsurer is liable for the Reinsurer’s Quota Share Percentage of the Profit Share Amount (if any), as well as the Reinsurer’s Quota Share Percentage of Covered Losses (subject, in the case of Covered Losses, to the Reinsurer’s Limit of Liability).

  • Immediately prior to the delivery date of New-Build 1, NBC shall enter into a "NewCo 1 Head Charterparty" with NewCo 1 pursuant to which NBC shall charter from NewCo 1 the New-Build 1 for a period of five (5) years at the rate of USD 11,350 per day plus any NewCo 1 Profit Share Amount earned pursuant to the NewCo 1 Profit Sharing Addendum.

  • Immediately prior to the delivery date of New-Build 2, NBC shall enter into a "NewCo 2 Head Charterparty" with NewCo 2 pursuant to which NBC shall charter from NewCo 2 the New-Build 2 for a period of five (5) years at the rate of USD 11,350 per day plus any NewCo 2 Profit Share Amount earned pursuant to the NewCo 2 Profit Sharing Addendum.

  • If the Profit Share Amount is negative, then the First Multi-Indication Product shall be subject to the royalty under Section 6.12 and no further Profit Share shall be payable or owing from Adaptimmune.

  • Immediately prior to the delivery date of New-Build 4, NBC shall enter into a "NewCo 4 Head Charterparty" with NewCo 4 pursuant to which NBC shall charter from NewCo 4 the New-Build 4 for a period of five (5) years at the rate of USD 11,350 per day plus any NewCo 4 Profit Share Amount earned pursuant to the NewCo 4 Profit Sharing Addendum.

  • In the event that the Company does not remit the overdue premium to the Reinsurer within thirty (30) days of receiving such notification from the Reinsurer, the Reinsurer shall have the right to immediately cancel this Agreement by mailing the Company a written notice of cancellation, and the Reinsurer’s remaining liability, notwithstanding any provision to the contrary contained herein, shall be immediately reduced to an amount equal to the greater of zero ($0) and the Profit Share Amount.


More Definitions of Profit Share Amount

Profit Share Amount means an amount equal to twenty percent (20%) of the difference between the gross sale price of the Office Building and/or Office Site (the price prior to any reductions or credits) minus Eight Million One Hundred Thousand and no/100 Dollars ($8,100,000.00), which amount shall be calculated as follows: .2(Gross Sales Price -
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Profit Share Amount means the amount to be paid to a Participant for a Plan Year, determined by multiplying such Participant’s Compensated Hours for such Plan Year by the Profit Share Per Compensated Hour for such Plan Year. The Participants Profit Share Amount shall be rounded using the common method to the nearest cent. Compensated Hours shall not be capped for purposes of calculating a Participant’s Profit Share Amount.
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Profit Share Amount means the following amount with respect to the first new policies (i.e., not any subsequent renewal thereof) (collectively, the "Subject Policies") issued by KEIC immediately following the cancellation or early termination (i.e., if canceled or terminated prior to the natural expiration date of an applicable policy) of an insured's (i) Agent Policy with either of the Eagle Entities or (ii) Agent Policy written by LMC and 100% reinsured by the Eagle Entities (an "LMC Fronted Policy"): 1. earned premium (including all audit adjustments) with respect to the Subject Policies for the period from the date of first issue through and include to the natural expiration date of the cancelled policy (which in most, if not all, cases will be the normal anniversary rating date (NARD) for such insured), minus (a) case incurred losses plus allocated loss adjustment expense with respect to the Subject Policies multiplied by (b) a cumulative incurred loss development factor to be determined at each Profit Share Calculation Date by a mutually agreed qualified actuary (which may, but shall not necessarily, be current or prospective employees of LMC) multiplied by (c) a discount factor of 0.9107 multiplied by (d) an unallocated loss adjustment expense factor of 1.09 (in each case, for the period from the date of first issue through and include to the natural expiration date of the cancelled policy (which in most, if not all, cases will be the normal anniversary rating date (NARD) for such insured)), minus 3. the earned premium with respect to the Subject Policies for the period from the date of first issue through and include to the natural expiration date of the cancelled policy (which in most, if not all, cases will be the normal anniversary rating date (NARD) for such insured) multiplied by a discounted expense factor of 0.1772.
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Profit Share Amount with respect to a conversion shall mean an amount equal to 50% of the amount by which the Ratchet Price applicable to such conversion exceeds the applicable Threshold Price. For purposes of this definition "Ratchet Price" with respect to a conversion shall mean (A) the Company Notice Price (as defined in Section 5(a)(iii)) per share as set forth in the most recent Company Ratchet Notice, if any, or (B) if the Company has not given a Company Ratchet Notice prior to such conversion, the arithmetic average of the Per Share Market Value for the five (5) Trading Days immediately preceding (but not including) the Conversion Date.
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Related to Profit Share Amount

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Fair Share Contribution Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Share Payment means (a) a payment in the form of Shares, or (b) an option or other right to purchase Shares, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.