Weekly Draw definition

Weekly Draw means the amount that we agree to remit to you once every week indicated in subsection (h) in Exhibit D.
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Weekly Draw shall have the meaning assigned to such term in Section 2.04(b).
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Weekly Draw means the weekly prize draw in terms of the Weekly Rewards
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Examples of Weekly Draw in a sentence

  • Without limiting the foregoing, no Agent shall be deemed responsible for the verification of the satisfaction of the conditions or requirements for a Weekly Draw pursuant to Section 6.23 or otherwise, it being understood that the sole responsibility of the Administrative Agent with respect to any Weekly Draw Request is to make the same available to the Lenders and countersign such Weekly Draw Request in the absence of an objection by the Required Lenders, in each case pursuant to Section 2.04(b).

  • Direct Costs - Weekly Draw - CFDA 10.557 The State, for the ND Department of Health, shall request funds weekly for the amount of checks that have cleared, for receipt for the following business day.

  • Subsequent to each Borrowing but prior to each Weekly Draw, hold the proceeds of the Loans in the Segregated Account.

  • The Administrative Agent shall make any Weekly Draw Request received by it available to the Lenders promptly upon receipt thereof from the Borrower and shall, unless the Required Lenders have advised the Administrative Agent that the conditions for a Weekly Draw are not satisfied, countersign and deliver such Weekly Draw Request to the Escrow Agent pursuant to the Escrow Agreement two Business Days thereafter.

  • If this was not the Initiation Period, then the minimum Marketing generated per quarter would be $130,000 with a Minimum Term Commission of $13,000 per quarter (subject to Note (1) above) and, therefore, the Company would have had the right to adjust the Weekly Draw for the next Quarter downward by an aggregate of $1,000 (10% of $10,000 shortfall) or $76.92 per week, for a pro-rata quarterly reduced Weekly Draw of $923.08.

  • To qualify for selection to win a Weekly Draw Prize, your Entry must be submitted on the week of the draw for that weekly Prize.

  • During the Term Employer shall provide Employee with a payment of $1,000 per week, ("Weekly Draw") against the 10% commissions to be earned based upon a minimum of Employee generated Marketing of $520,000 per annum exclusive of Other Marketing (measured on a calendar year basis) ("Minimum Term Commission").

  • All adjustments shall be effected on a pro-rata basis in equal weekly amount reductions against the Employee's future Weekly Draw.

  • Such adjustment shall be effected on a quarterly basis for the immediately succeeding quarter, and, if necessary, continued to any subsequent quarter(s) thereafter; and such adjustments shall be on a dollar for dollar basis based upon the difference between Minimum Term Commissions as represented by the Weekly Draw which Employee has already received for that quarter and the Employee generated Marketing for that quarter, exclusive of Other Marketing.

Related to Weekly Draw

  • Advance Date means the funding date of any Advance.

  • Monthly Date means the last Business Day of each calendar month.

  • Disbursement Date is defined in Section 2.6.2.

  • Revolving Line Maturity Date is the earliest of (a) March 31, 2009, or (b) the occurrence of an Event of Default.”

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.