Retention Pool Amount definition

Retention Pool Amount means an amount in cash equal to 22.486% of the Purchase Price determined based on the Estimated Closing Certificate, to be allocated to the Retention Employees pursuant to the Retention Agreements.
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Retention Pool Amount means the amount set out in Schedule 14; “Sales Tax” has the meaning given in paragraph 15.22 of Schedule 6; “SEC” shall mean the United States Securities and Exchange Commission; “SEC Documents” has the meaning given in paragraph 1.7 of Schedule 13;
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Retention Pool Amount means the amount set out in Schedule 14;
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Examples of Retention Pool Amount in a sentence

  • In addition to retaining the Specific Retention pereach Person amount for each Loss Incurred under this Policy, as defined in the Schedule, Item 6(b), you also agree to retain the following Aggregating Specific Retention Pool amount for all of the following Persons with a Loss under this Policy: Aggregating Specific Retention Pool Amount: Only those amounts of the Losses exceeding the Specific Retention pereach Person will be combinedaggregated to satisfy the Aggregating Specific Retention Pool amount.

  • On or prior to the date hereof, Acquiror and certain of the Key Employees (the “ Retention Employees”) shall have entered into binding agreements (the “Retention Agreements”) providing for the payment to the Retention Employees of the aggregate Retention Pool Amount upon the terms and conditions set forth therein and in the proportions set forth on Schedule 6.10.

  • Acquiror currently has, and will at Closing continue to have, adequate financial resources to satisfy its monetary and other obligations under this Agreement, including its obligations to pay the Merger Consideration and Retention Pool Amount as contemplated by this Agreement.


More Definitions of Retention Pool Amount

Retention Pool Amount means an amount equal to (a) $70,000,000 multiplied by (b) the Continuing Employee Amount.
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Retention Pool Amount has the meaning set forth in Section 2.3(c).
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Related to Retention Pool Amount

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

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Hurdle Amount for any period during a calendar year means that amount that results in a 5% annualized internal rate of return on the Net Asset Value of the Partnership Units outstanding at the beginning of the then-current calendar year and all Partnership Units issued since the beginning of the then-current calendar year, taking into account the timing and amount of all distributions accrued or paid (without duplication) on all such Partnership Units and all issuances of Partnership Units over the period and calculated in accordance with recognized industry practices. The ending Net Asset Value of the Partnership Units used in calculating the internal rate of return will be calculated before giving effect to any allocation or accrual to the Performance Participation Interest and any applicable stockholder servicing fee expenses, provided that the calculation of the Hurdle Amount for any period will exclude any Partnership Units repurchased during such period, which Partnership Units will be subject to the Performance Participation Interest upon such repurchase as described in Section 5.2(c).

  • Target Amount is defined in Section 4.3(b)(i).

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Interest Accrual Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), (a) the product of (i) 1/12th of the Class A Pass-Through Rate for such Class and (ii) the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (b) the Class A Interest Percentage of such Class of (i) any Non-Supported Interest Shortfall allocated to the Class A Certificates with respect to such Distribution Date, (ii) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates with respect to such Distribution Date pursuant to Section 4.02(e) and (iii) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates on or after the Cross-Over Date pursuant to Section 4.02(e). The Class A-PO Certificates have no Interest Accrual Amount. As to any Distribution Date and any Class of Class B Certificates, an amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate and the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (ii) the Class B Interest Percentage of such Class of (x) any Non-Supported Interest Shortfall allocated to the Class B Certificates with respect to such Distribution Date and (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class B Certificates with respect to such Distribution Date pursuant to Section 4.02(e).