US Operations consists of the consolidated financial reports of Cityscape Financial Corp. and each of its subsidiaries incorporated in any state of the United States. In order for any Bonus to be awarded, such pre-tax profits for 1996 must meet a $16.9 million threshold, such pre-tax profits for 1997 must meet the 1996 pre-tax profits plus the percentage increase, if any, in the Consumer Price Index ("CPI") (as defined in Section 4(c) of the Agreement), and such pre-tax profits for 1998 must meet the 1997 pre-tax profits plus the percentage increase, if any, in the CPI. Any distributions from the Bonus Pool will be made within 90 days after the completion of the audit by the independent auditors of Cityscape Financial Corp. and its subsidiaries for the applicable year. Notwithstanding the foregoing, any extraordinary profit item earned in any of 1996, 1997 or 1998, as determined by the Company, will be deemed to be earned over three years, one-third in the year in which the extraordinary profit occurs and one-third in each of the two successive years. 2 The Bonus is payable annually in cash up to 200% of Employee's salary for the prior year; any excess (the "Excess"), if any, will be deferred and paid over three years with interest at the Citibank N.A. prime rate plus one percent per annum at one-third each year, payable each successive January thereafter. The Bonus Pool will be divided on the basis of the percentage of Employee's prior year salary to total prior year salaries of the Participants (as defined below) in the Bonus Pool. The "Participants" are Robexx X. Xxxta, Cherxx X. Xxxx, Xxevxx X. Xxxxx, Xxic X. Xxxxxxxxx, Xxnax X. Xxxxxxxxx xxx Tim X. Xxxxxxx. Xx any Participant's employment is terminated for any reason, the Company may designate a new participant or participants (each a "New Participant"). Any New Participant will thereafter share in the Bonus Pool, provided, however, that for purposes of dividing the Bonus Pool, the aggregate amount of salaries of any New Participants shall not be deemed to exceed the aggregate amount of salaries of any such terminated Participants. If the Company designates a New Participant within 120 days of the termination of a Participant's employment, such designation will be deemed to occur upon the termination of the Participant's employment. If, after 120 days of the termination of a Participant's employment, the Company has not designated a New Participant, any designation of a New Participant will be deemed to occur on th...
US Operations. As used in this definition, "control" means an equity ownership of at least fifty (50) percent.
US Operations means any retail operations by a third party authorized to use the "Toys "R" Us" brand name, or any other store name or trade name used by Customer or an Affiliate, whether in English or a different language.
Examples of US Operations in a sentence
US Operations – Miscellaneous insurance products sold in the United States such as life insurance products and extended warranties relating to dealer services.
A portion of corporate costs directly related to the Company’s core business are allocated to Canadian Operations, U.S. Operations and Product Sales.
Intercompany sales consist of in-house manufactured capital assets and inventory which are sold to the Canadian Operations and U.S. Operations segments.
We have two ongoing reporting segments: U.S. Operations and International Operations.
ABA (Keating); Allen & Overy (on behalf of Large Int'l Banks with U.S. Operations); JPMC; State Street (Feb.
More Definitions of US Operations
US Operations has the meaning ascribed thereto in Section 1.14(a)(viii) of Schedule D;
US Operations the combined United States domestic operations of XFone USA, Inc. and its Subsidiaries and NTS Communications, Inc. and its Subsidiaries together with any Future Acquisitions.
US Operations has the meaning ascribed to such term in SECTION 2.1.
US Operations means that part of the Business that is primarily operated through CHC at the facilities located in Beulaville, North Carolina, USA. "US Operations Closing Date Balance Sheet" has the meaning specified in Section 2.3(d)(ii).
US Operations means the research, development, manufacture, marketing, sale and distribution in the US of Tuzistra®, an extended release oral suspension branded as Tuzistra XR containing codeine polistirex and chlorpheniramine polistirex, pursuant to the authority granted by the FDA under NDA Approval No.207768, programmes CCP-07, CCP-08, CCP-05 and CCP-06, the rights to which are held by Tris Pharma Inc (or an Affiliate thereof) and Moxatag®, a once-daily tablet branded as Moxatag containing 775 mg of amoxicillin, pursuant to the authority granted by the FDA under NDA Approval No. 50-813 (amoxicillin extended-release tablets) by the Company whether directly or through a 3rd party manufacturer (Tris Pharma, Inc) or distributor (Vernalis Therapeutics, Inc);
US Operations means any operations, loading or discharging of cargo in the United States of America or transit through the “exclusive economic zone” as defined in the US Oil Pollution Act of 1990 (or any part thereof). “US$” and “$” and “Dollars” means the lawful currency for the time being of the United States of America. “Utilisation” means a utilisation of the Facility. “Utilisation Date” means the date of a Utilisation, being the date on which the relevant Loan is to be made. “Utilisation Request” means a notice substantially in the form set out in Schedule 3 (Requests). “Valuation” means in relation to a Vessel, a valuation performed pursuant to Clause 24.8 (Valuations). “VAT” means value added tax as provided for in the Value Added Tax Acx 0000 xnd any other tax of a similar nature. “Vessel” means Vessel A, Vessel B or Vessel C, as appropriate. 23
US Operations means any operations, loading or discharging of cargo in the United States of America or transit through the “exclusive economic zone” as defined in the US Oil Pollution Act of 1990 (or any part thereof).