Retention Payment Amount definition

Retention Payment Amount means an aggregate amount in cash equal to USD $3,000,000 plus the Retention RSUs equal to 1,805,700 shares of Buyer Series B Common Stock (such number subject to appropriate adjustment in the event of a stock split or reverse stock split in respect of the Buyer Series B Common Stock) payable or issuable to the Retention Payment Recipients in accordance with, and in the proportions set forth in, the Retention Plan.
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Retention Payment Amount means the amounts due to employees with respect to the retention agreements described in items
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Retention Payment Amount means such amount as is equal to the amount calculated as at the close of business on the last day of the Retention Period by subtracting from the Maximum Payment Amount: (a) a sum equal to any amounts released to the Buyer from the Retention Account pursuant to clause 10.4.3 and 10.9; and (b) the aggregate amount of any Initial Estimates or, to the extent that any Initial Estimate has been superseded by a Revised Estimate, the relevant Revised Estimate referable to Outstanding Relevant Claims(s);
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Examples of Retention Payment Amount in a sentence

  • You shall vest in your Retention Payment Amount on the Effective Date.

  • For the avoidance of doubt, it is understood that the foregoing sentence shall not prevent you from receiving the Retention Payment Amount referred to in Section 1 above, to the extent eligible.

  • Notwithstanding anything to the contrary in your Contract or Addendum, you shall be obligated to repay your Retention Payment Amount if, prior to the Effective Date, you terminate your employment or your employment is terminated for Good Cause.

  • In connection with the purchase of the Shares, Buyer shall deliver or cause to be delivered to Seller aggregate consideration consisting of: (i) the Enterprise Value, minus (ii) the Retention Payment Amount (the aggregate amount calculated in accordance with clauses (i) and (ii) of this sentence is referred to herein as the “Pre-Adjustment Purchase Price”), plus (iii) the NTBV Excess, if any, minus (iv) the NTBV Shortfall, if any, (the “Purchase Price”).

  • Notwithstanding anything to the contrary in your Contract or Addendum, you shall be obligated to repay your Retention Payment Amount if, prior to the Effective Date, you terminate your employment without Good Reason or your employment is terminated under Clause 11.1(b), (c) or (d) of your Contract.

  • Notwithstanding anything to the contrary in your Agreement or Addendum, you shall be obligated to repay your Retention Payment Amount if, prior to the Effective Date, you terminate your Agreement without Good Reason or your employment under your Agreement is terminated for Cause.

  • At its election, Owner may deliver the Appropriate Retention Payment Amount in Qualified Securities and Proceeds or in money.

  • For the avoidance of doubt, it is understood that the foregoing sentence shall not prevent you from receiving the Retention Payment Amount referred to in Section 2 above, to the extent eligible.

  • The laboratory performing the Illinois Modified AASHTO T 288 test shall be approved by the Department according to the current Bureau of Materials and Physical Research Policy Memorandum “Minimum Laboratory Requirements for Resistivity Testing”.

  • In the event that such restructuring is held to be a Change in Control at some future date, the Retention Payment Amount will be deducted from any entitlement in the event of a Change in Control.


More Definitions of Retention Payment Amount

Retention Payment Amount means $2,000,000.
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Retention Payment Amount means the amounts due to employees with respect to the retention agreements described in items (i) and (ii) of Schedule 5.19(e).
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Retention Payment Amount means any and all sums which any of the Companies are liable to pay to any person by way of finders fee, commission, brokerage, professional fee, bonus or similar payment which in any case is payable by reason of the transaction hereby effected, together with any irrecoverable value added tax or employers national insurance contributions for which any of the Companies is liable in respect of the same
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Retention Payment Amount shall have the meaning ascribed to such term in Section 4.9 hereof.
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Related to Retention Payment Amount

  • Retention Amount means, in relation to any Retention Date, such sum as shall be the aggregate of:

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Payment Amount as defined in Section 3.5.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Severance Amount means (A) for any Termination other than during a Covered Period, an amount equal to one hundred percent (100%) of Executive’s then-current Annual Base Salary as of the respective Termination; or (B) for a Termination during a Covered Period, an amount equal to two hundred percent (200%) of Executive’s Base Compensation as of the respective Termination.

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Termination Payments has the meaning specified in Section 10(a).

  • Principal Relocation Payment A payment from any Loan Group to REMIC 1 Regular Interests other than those of their corresponding Loan Group as provided in the Preliminary Statement. Principal Relocation Payments shall be made of principal allocations comprising the Principal Amount from a Loan Group.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Option Payment shall have the meaning set forth in Section 3.4.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Settlement Amount has the meaning specified in Section 14.02(a)(iv).

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).