Total Payout Amount definition

Total Payout Amount means (i) two percent (2%) of the positive difference, if any, of the Aggregate Trigger Event Value less the Aggregate Base Value (such difference, the “Equity Value Accretion”), but only taking into account for purposes of this clause (i) Equity Value Accretion up to and including $375,000,000, plus (ii) ___ percent (___%) of the amount, if any, by which the Equity Value Accretion exceeds $375,000,000.
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Total Payout Amount means (i) two percent (2%) of the positive difference, if any, of (A) the Aggregate Trigger Event Value less (B) the Aggregate Base Value (such difference, the “ Equity Value Accretion ”), up to $7.5 million, plus (ii) [--] percent (--%)for any excess Equity Value Accretion over $7.5 million.
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Total Payout Amount means the total gross amount to be paid to all Settlement Claimants under the formula set forth in Section II.C.1 below from the Maximum Gross Settlement Amount.
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Examples of Total Payout Amount in a sentence

  • Notwithstanding anything herein to the contrary, the Company reserves the right, in its sole discretion, to terminate the Cash Incentive Award or to reduce the Total Payout Amount at any time prior to the occurrence of a Trigger Event.

  • The number of shares of Restricted Stock subject to this Agreement, together with the number of shares of restricted stock of CSWI subject to the restricted share award granted to the Holder by CSWI in connection with the Share Distribution and this Agreement (the “CSWI Restricted Share Award”) shall, if necessary, be reduced, in the aggregate, by such number of shares, if any, as is necessary to cause the Equity Award Value to not exceed the Total Payout Amount.

  • Notwithstanding anything herein to the contrary, the Company reserves the right, in its sole discretion, to terminate the Cash Incentive Award or to reduce the Total Payout Amount at any time prior to the Trigger Event Date.

  • The number of Restricted Shares subject to this Award Agreement, together with the number of shares of restricted stock of Capital Southwest subject to the restricted stock award granted to the Participant by Capital Southwest on the Date of Grant (the “Capital Southwest Restricted Stock Award”) shall, if necessary, be reduced, in the aggregate, by such number of shares, if any, as is necessary to cause the Equity Award Value to not exceed the Total Payout Amount.

  • The number of shares of Restricted Stock subject to this award shall be reduced by such number of shares of Restricted Stock, if any, as would cause the Equity Award Value to exceed the Total Payout Amount.


More Definitions of Total Payout Amount

Total Payout Amount means (i) two percent (2%) of the positive difference, if any, of the Aggregate Trigger Event Value less the Aggregate Base Value (such difference, the “ Equity Value Accretion ”), but only taking into account for purposes of this clause (i) Equity Value Accretion up to and including $375,000,000, plus (ii) ___ percent (___%) of the amount, if any, by which the Equity Value Accretion exceeds $375,000,000.
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Related to Total Payout Amount

  • 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.

  • Total Payment shall have the meaning set forth in Section 2.4(a).

  • Total Payments means those payments so described in Section 6.2 hereof.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Gross-Up Amount has the meaning set forth in definition of “Make Whole Amount.”