Retained Amount definition

Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.

Retained Amount means the Notional Reduction Amount as at the Scheduled Maturity Date; and

Retained Amount means the amount calculated in Part 1;

Examples of Retained Amount in a sentence

• Retained Amount This field contains the amount retained on this policy coverage, not on the life.

• The retainage shall be calculated from Line Item 4 "Total Completed and Stored to Date" with the breakdown shown in Line Item 5a and 5b according to the following schedule: Contract Work Completed | Retained Amount 0 - 100% | l0% 3.

• With respect to any payment of Interest, Principal or Callable Principal, as applicable, that constitutes a Retained Amount, the Trustee shall remit such Retained Amount to the Depositor, in immediately available funds, within one Business Day of receipt by the Trustee from the Issuer.

• On or before the Effective Date, the Debtors shall establish the Fee Claim Escrow Account with Cash equal to the aggregate Fee Claim Retained Amount for all Professional Persons.

• When making any payment to a Holder of a Certificate or, with respect to any Retained Amount, to the Depositor, under this Agreement, the Trustee shall round down such payment to the nearest whole cent.

More Definitions of Retained Amount

Retained Amount means the present value (as determined in accordance with Sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto. In connection with making determinations under this Section 6(l), Tax Counsel shall take into account the value of any reasonable compensation for services to be rendered by Executive before or after the Change in Control, including any noncompetition provisions that may apply to Executive, and Sterling shall cooperate in the valuation of any such services, including any noncompetition provisions.

Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Internal Revenue Code of 1986, as amended (the “Code”) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto. To the extent any reduction is required, the Total Benefits shall be reduced in the following order: (i) any portion of the Total Benefits that are not subject to Section 409A of the Code (other than Total Benefits resulting from any accelerated vesting of equity awards), (ii) Total Benefits that are subject to Section 409A of the Code in reverse order of when payment is due, and (iii) Total Benefits that are not subject to Section 409A and arise from any accelerated vesting of any equity awards.

Retained Amount means, in respect of a Tranche of Notes, an amount determined by the Calculation Agent as being equal to the maximum Cash Settlement Amount(s) (as defined in the Portfolio CDS) that may be payable under the Portfolio CDS to settle any Unsettled Credit Event(s).

Retained Amount means the amount, if any, described in Exhibit A to the Series Trust Agreement, which amount shall be held by the Trustee in trust for the benefit of the Depositor and shall be paid by the Trustee to the Depositor in accordance with Section 4.01 hereof.

Retained Amount means the amount calculated, agreed or determined in accordance with paragraph 6.

Retained Amount has the meaning set forth in Section 3.5(d).

Retained Amount an amount not to exceed $25,000 on deposit in any DDA and, when aggregated with all other amounts remaining on deposit in all DDAs at any time, not exceeding $1,000,000.