Recapture Penalty definition

Recapture Penalty has the meaning set forth in Section 9.5(a).
Recapture Penalty means $2,700,00.
Recapture Penalty means $12,000,000. 52

More Definitions of Recapture Penalty

Recapture Penalty means $300,000.
Recapture Penalty means $[***].

Related to Recapture Penalty

  • Recapture Period means, with respect to any Project, the period from the date such Project is Placed in Service through the fifth anniversary of such date.

  • Recapture Income means any gain recognized by the Partnership (computed without regard to any adjustment required by Section 734 or Section 743 of the Code) upon the disposition of any property or asset of the Partnership, which gain is characterized as ordinary income because it represents the recapture of deductions previously taken with respect to such property or asset.

  • eligible penalty means a judgment, penalty or fine awarded or imposed in, or an amount paid in settlement of, an eligible proceeding;

  • Recapture Amount means, with respect to any Employment Violation by Grantee, the gross gain realized or unrealized by Grantee upon all vesting of Restricted Share Units or delivery or transfer of Vested Shares during the Look-back Period with respect to such Employment Violation, which gain shall be calculated as the sum of:

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.

  • Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • Statutory Penalties are those amounts awarded as a penalty, but are fixed in amount by statute.

  • Recapture Event means any of the following events:

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Section 409A means Section 409A of the Code and the regulations and other guidance promulgated thereunder.

  • Section 409A of the Code means the nonqualified deferred compensation rules under Section 409A of the Code and any applicable treasury regulations and other official guidance thereunder.

  • Deductible has the meaning set forth in Section 11.1(e).

  • Total Payments means those payments so described in Section 6.2 hereof.

  • Code Section 409A means Section 409A of the Code and the regulations and guidance promulgated thereunder.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Deferred Compensation means the Compensation elected by the Participant to be deferred pursuant to the Plan.