Target Increase definition

Target Increase means $3,549,000 multiplied by the Forfeited Units Percentage.
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Target Increase means $[___________] multiplied by the Forfeited Units Percentage.
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Target Increase has the meaning set forth in Section 2.01(b).
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Examples of Target Increase in a sentence

  • In either event, the number of additional shares of Restricted Stock awarded to the participant in such a case shall be based on the average of the closing market prices of the Class B Common Stock for each trading day in the ninety day period ending on the day before the effective date of the promotion or other action by the Committee ("Target Increase Base Price").

  • For example, the Multiplier would be 145% - - the average of 50% and 300% and 85% - - if (i) the Bank's ROE was 5% and the median ROE for its Peer Group times the ROE Target Percentage was 10%, (ii) the Bank's noncurrent to gross loan percentage was 2% and the median percentage for its Peer Group was 6%, and (iii) the EPS Increase was 85% of the EPS Target Increase.

  • Target: Increase in Group store selling space to average between 5% and 7% per annum over the economic cycle.

  • If the Second Target Increase is achieved only in part within the 30-month period, the Second Part of Deferred Purchase Price will be prorated by multiplying the Second Part of the Deferred Purchase Price by a fraction, the numerator of which is the incremental increase in the Internally Generated MRR above the First Target Increase and the denominator of which is $37,500.

  • Buyer must pay the Second Part of the Deferred Purchase Price (as defined below) if, at any time within the 30 months after the Closing Date, the Internally Generated MRR exceeds the First Target Increase by at least $37,500 (such additional increase, the "Second Target Increase").

  • If the First Target Increase is achieved only in part within the 30 month period, the First Part of the Deferred Purchase Price will be pro-rated, by multiplying the First Part of the Deferred Purchase Price by a fraction, the numerator of which is the increase in the Internally Generated MRR above the Closing MRR and the denominator of which is $75,000.

  • Buyer must pay the First Part of the Deferred Purchase Price (as defined below) if, at any time within 30 months after the Closing Date, the Internally Generated MRR (as defined below) exceeds the MRR specified in the Closing Statement (the "Closing MRR") by the amount of at least $75,000 (the "First Target Increase").

  • The Second Part of the Deferred Purchase Price means an amount equal to the Second Target Increase times 20.

  • The First Part of the Deferred Purchase Price means an amount equal to the First Target Increase times 40.

  • The Deferred Purchase Price shall be paid in Common Stock within 10 days after the Internally Generated MRR increases by at least the First Target Increase, and within 10 days after the Internally Generated MRR increases by at least the Second Target Increase.


More Definitions of Target Increase

Target Increase with respect to any Acquisition is equal to 1/7 of the Aggregate Consideration paid by the Company or the Second Merger Surviving Entity, as applicable, for any Acquisition consummated between the date hereof and June 30, 2011, other than the GCI Acquisition, provided, however, for determining whether the EBITDA Condition has been satisfied for the fiscal quarter during which such Acquisition is consummated the Target Increase shall be 1/7 of such Aggregate Consideration multiplied by a fraction (A) the numerator of which shall be the number of days beginning on the date of the consummation of such Acquisition and ending on the last day of such fiscal quarter and (B) the denominator of which shall be the total number of days in such fiscal quarter. By way of example, if the Company purchases a target company for $70 million, the Target Increase with respect to such Acquisition shall be $10 million ($70 million divided by 7). If such Acquisition is consummated on the 30th day of a 90-day fiscal quarter, the Target Increase for such quarter will be $6.7 million ($10 million multiplied by 2/3) and for all subsequent quarters will be $10 million.
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Target Increase means $[1,150,000.00] multiplied by the Forfeited Units Percentage.
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Target Increase means $2,629,000 multiplied by the Forfeited Units Percentage.
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Related to Target Increase

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Annual increase means, initially, fifty-nine cents per month

  • Fixed Incremental Amount means (i) the greater of $920,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Capital Increase has the meaning set out in Clause 3.2.4(iii).

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Tax Increase means that portion of the annual real estate taxes assessed against the Premises (or the Entire Premise, if applicable), as calculated immediately following the Reassessment, that is attributable solely to the Reassessment. Accordingly, a Tax Increase shall not include any portion of the real estate taxes, as calculated immediately following the Reassessment, that is:

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

  • Incremental Commitment means an Incremental Term Loan Commitment or an Incremental Revolving Facility Commitment.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Overcollateralization Increase Amount With respect to any Distribution Date, the lesser of (a) the Overcollateralization Deficiency Amount as of such Distribution Date and (b) the Net Monthly Excess Cashflow for such Distribution Date.

  • Tax Increment means the difference between:

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Amount means, at any time, the excess, if any, of (a) $200.0 million over (b) the aggregate amount of all Incremental Term Loan Commitments and Incremental Revolving Facility Commitments established prior to such time pursuant to Section 2.21.

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).