Recoupment Period definition

Recoupment Period means the three fiscal years completed immediately preceding the date of any applicable Recoupment Trigger Date. Notwithstanding the foregoing, the Recoupment Period additionally includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following those three completed fiscal years, provided that a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine (9) to twelve (12) months would be deemed a completed fiscal year.

Recoupment Period means the three completed fiscal years preceding the Trigger Date, and any transition period (that results from a change in the Company’s fiscal year) of less than nine months within or immediately following those three completed fiscal years, provided that any transition period of nine months or more shall count as a full fiscal year.

Recoupment Period means the three completed fiscal years preceding the Trigger Date.

Examples of Recoupment Period in a sentence

• The Fund agrees to pay to the Investment Advisor the amount of fees that, but for Section 1 hereof, would have been payable by the Fund to the Investment Advisor pursuant to the Advisory Agreement (the "Deferred Fees") for a period of three years following the date on which the expense was incurred (the "Recoupment Period"), subject to the limitations provided in this Section.

• Notwithstanding anything in this Agreement to the contrary, if the Company determines that the Grantee’s Wrongful Act was a significant contributing factor to the Company or a subsidiary having to restate all or a portion of its financial statements, all outstanding Awarded Shares will immediately and automatically be forfeited and the Grantee shall promptly repay to the Company any Common Stock, cash or other property paid in respect of any Awarded Share during the Recoupment Period.

• The Fund agrees to pay to the Investment Advisor the amount of fees that, but for Section 1 hereof, would have been payable by the Fund to the Investment Advisor pursuant to the Advisory Agreement (the "Deferred Fees") for a period of three years following the end of the period provided for in Section 1 (the "Recoupment Period"), subject to the limitations provided in this Section.

• The Adviser shall be entitled to recoup from the Trust the amount of such Excess Expenses during the Recoupment Period to the extent that such recoupment does not cause the Trust’s Ordinary Operating Expenses plus recoupment to exceed the Expense Limitation in effect at the time the expenses were paid or waived or any Expense Limitation in effect at the time of recoupment.

• This Clawback Policy applies to all current or former “Officers” of the Company (as defined below) who received Recoverable Incentive Compensation (as defined below) during the Recoupment Period (as defined below).

More Definitions of Recoupment Period

Recoupment Period means the three completed fiscal years preceding the date the Company is required to prepare an Accounting Restatement, plus any “transition period” resulting from a change in fiscal year to the extent provided in Section 303A.14. The date the Company is required to prepare an Accounting Restatement will be determined by reference to Section 303A.14. Recoupment actions under this Policy will be taken on or after such date and are not dependent on if or when restated financial statements are filed.

Recoupment Period means the three (3) completed fiscal years immediately preceding the date on which the Company is required to prepare an Accounting Restatement, which date is the earlier of (i) the date the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement or (ii) a date that a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

Recoupment Period means the period beginning on the date the financial statements requiring restatement were originally released to the public or submitted to the Securities and Exchange Commission (whichever is earlier) and ending on the date the restated financial statements are filed with the Securities and Exchange Commission.

Recoupment Period means the three (3) completed fiscal year period immediately preceding the date a Triggering Event has occurred.

Recoupment Period means the three fiscal years completed immediately preceding the date of any applicable Recoupment Trigger Date.

Recoupment Period means thirty-six (36) months preceding the date on which the Company is required to prepare a Restatement.

Recoupment Period means, for a Restatement, the three completed fiscal years immediately preceding the date on which Royal Gold is required to prepare a Restatement, as well as any transition period (that results from a change in Royal Gold’s fiscal year) within or immediately following those three completed fiscal years (except that a transition period that comprises a period of at least nine months shall count as a completed fiscal year); and, for Improper Conduct, the three-year period preceding the date of the Improper Conduct, as applicable. The “date on which Royal Gold is required to prepare a Restatement” is the earlier to occur of (a) the date the Board (or the Audit and Finance Committee of the Board, as applicable) concludes, or reasonably should have concluded, that Royal Gold is required to prepare a Restatement or (b) the date a court, regulator or other legally authorized body directs Royal Gold to prepare a Restatement, in each case regardless of when, or if, the restated financial statements are filed.