Examples of Upside Amount in a sentence
If the Parties are unable to agree within 30 days of the Grantor's notification of its disagreement in accordance with Clause 24.6, any or all of the calculation of the Upside Amount for a particular Calculation Period, the dispute shall be referred to the Expert for determination.
The Upside Formula shall determine the Upside Amount for each Calculation Period.
The Developer agrees that, in the event that the Developer's gross revenues are above those set out in the Base Case, it will pay the Upside Amount to the Grantor in relation to the relevant Calculation Period.
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At any time from the first anniversary of the Completion PTNNT can exercise a right to make a settlement payment, whereby the parties will appoint two independent financial institutions to determine the current value of the Metal Upside Amount (the “Metal Settlement Amount”), the amount of which will become immediately due and payable irrespective of whether any Metal Upside Amounts have become payable.
The Metal Price Upside Deferred Payment Deed will be terminated automatically upon the full payment of the Metal Upside Amount, the Metal Settlement Amount, or an amount determined after an event of default by two independent financial institutions.
The amount of the Final Upside Amount will not have a linear relationship with the Final Average Value or the Performance but will depend on the performance of the Relevant Underlying, the Participation Rate (which will be determined by the Determination Agent before the Issue Date but will be not less than 280 per cent), the caps and floors specified in the formula (see Caps and floors risk factor below) and the formula.
If the Lenders are granted security over the HSH Shares, all HSH Share Title Documents will be physically deposited with the Security Agent on the Effective Date; provided that, following a Voluntary Prepayment, such documents will be transferred to an HSH Shares Custodian and held pursuant to the terms of a Custodian Agreement, pending payment of any Upside Amount.
Another component of the Final Redemption Amount is the Final Upside Amount.