Target Equity Amount definition

Target Equity Amount means $247,500,000.00; provided that, if the Reno Acquisition Agreement terminates prior to the consummation of the Reno Acquisition, the "Target Equity Amount" shall mean $225,000,000.00.
Target Equity Amount means $225,000,000.00.
Target Equity Amount means the amount of $0.00.

Examples of Target Equity Amount in a sentence

  • In lieu of any future annual equity grants, your Target Equity Amount will be granted to you in the form of a cash award on March 15th of the applicable year during the period of your employment with the Company, rather than in the form of an equity award (each, a “Cash Award”).

  • Beginning in 2024 and for each subsequent calendar year thereafter during the period of your employment with the Company, in lieu of all future annual equity grants, you will be granted a Cash Award with a value equal to the applicable Target Equity Amount on March 15 of the applicable year (each, a “Future Award”), subject to your continued active employment in good standing on the grant date.

  • Upon calculation of the Estimated Closing Date Equity, the parties shall calculate the difference, if any, between the Estimated Closing Date Equity and the Target Equity Amount and if the Estimated Closing Date Equity exceeds the Target Equity Amount, the Estimated Purchase Price shall be increased by the amount of such difference and if the Target Equity Amount exceeds the Estimated Closing Date Equity the Estimated Purchase Price shall be decreased by the amount of such difference.

  • Notwithstanding anything to the contrary in Section 2(d) of the Employment Agreement regarding the applicable form of equity awards, in lieu of any future annual equity grants, your Target Equity Amount will be granted to you in the form of a cash award on March 15th of the applicable year during the period of your employment with the Company, rather than in the form of an equity award (each, a “Cash Award”).

  • I.A., Igumnov, L.A.: Vvedenie v kontinualnuyu mehaniku povrezhdennoy sredy (in Russ.).

  • For purposes hereof, the "Estimated Purchase Price" shall be an amount equal to (i) the Base Amount, minus (ii) the Real Estate Purchase Price and minus (iii) the Estimated SAR Payment Amount (as defined below), and adjusted by (iv) the difference between the Target Equity Amount and an estimate of the Closing Date Shareholders' Equity (the "Estimated Closing Date Equity").

  • For purposes of this Addendum, “Target Equity Amount” means (i) $318,750 for the Retention Period beginning March 16, 2023; (ii) $334,687.50‬ for the Retention Period beginning March 16, 2024; (iii) $351,421.88 for the Retention Period beginning March 16, 2025; and (iv) for each Retention Period thereafter, an amount equal to 105% of the Target Equity Amount for the immediately preceding Retention Period.

  • Beginning in 2024 and for each subsequent calendar year thereafter during the period of your employment with the Company, in lieu of all future annual equity grants, you will be granted a Cash Award with a value equal to the Target Equity Amount on March 15 of the applicable year (each, a “Future Award”), subject to your continued employment on the grant date.

  • Each such pro forma Pre-Closing Balance Sheet shall be prepared in the same manner and on a basis consistent with the methodologies set forth below for the preparation of the Pre-Closing Balance Sheet and the calculation of the Target Equity Amount.


More Definitions of Target Equity Amount

Target Equity Amount means (i) $300,000 for the Retention Period beginning March 16, 2023; (ii) $315,000‬ for the Retention Period beginning March 16, 2024; (iii) $330,750‬ for the Retention Period beginning March 16, 2025; and (iv) for each Retention Period thereafter, an amount equal to 105% of the Target Equity Amount for the immediately preceding Retention Period. Each Cash Award will vest in the manner set forth below, subject to your active employment in good standing through the applicable vesting date. The vested portion of each Cash Award will be paid to you on the Company’s first regular payroll date after the applicable vesting date. Notwithstanding the foregoing or anything in Section 2(c) to the contrary, if your employment is terminated by the Company without Cause (including due to death or Disability), by the Company through delivery of a Non-Renewal Notice or by you for Good Reason, (i) any Cash Awards scheduled to be granted during the Initial Term or Renewal Term, as applicable, will become immediately granted, vested and payable as of your termination date and (ii) the unvested portion of your outstanding Cash Awards will become vested and payable as of your termination date.
Target Equity Amount means $2,000,000. Each Cash Award will vest in the manner set forth below, subject to your employment through the applicable vesting date (except as otherwise provided below). The vested portion of each Cash Award will be paid to you on the Company’s first regular payroll date after the applicable vesting date.

Related to Target Equity Amount

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Unfunded Exposure Equity Amount On any date of determination, an amount equal to the sum, for each Loan, of (a) the Unfunded Exposure Amount for such Loan minus (b) the product of (i) the Unfunded Exposure Amount for such Loan, (ii) the Advance Rate for such Loan and (iii) the Assigned Value of such Loan.

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Net Equity Value means, at any time, the total assets of the applicable business less the total liabilities of such business less the amounts attributable to the minority interest in such business, in each case as determined on a consolidated basis, in accordance with GAAP, subject to the last sentence of the definition of Capitalization Value.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Offset Amount means the amount or amounts which the Joint Venturers may be entitled to offset against future royalty payments pursuant to subclause (3) of this Clause;

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Net Equity ’ means, subject to such rules and regulations as the Commission pro- mulgates under the Act, with respect to the aggregate of all of a customer’s accounts that such customer has in the same capacity—

  • 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.

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

  • Rollover Amount has the meaning set forth in Section 7.16(b).

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • 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 means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.