Participant’s Share Sample Clauses

Participant’s Share. The Participation Interest shall entitle Participant to receive 80% of all Loan Proceeds after reimbursement of Company Advances and Working Capital Advances, as and to the extent permitted by Section 3.03, and after funding of any Liquidity Reserve and any Litigation Reserve, as and to the extent permitted by Section 4.03, until the later to occur of (i) receipt by Participant of the Recovery Threshold Amount, after aggregating the proceeds received by Participant from the sale of the LLC Interest (before deducting any fees due to advisers), and the proceeds received by Participant from Participant’s share of Loan Proceeds and, (ii) the date that is one (1) year after the Effective Date; and thereafter (automatically and without any action on the part of any Person), the Participation Interest shall entitle Participant to 60% of all remaining Loan Proceeds (such percentage share, the “Participant’s Share”). Upon the later to occur of (x) receipt by Participant of the Recovery Threshold Amount and (y) the date that is one (1) year after the Effective Date,, unless the Recovery Threshold is achieved that event occurs as a result of a single sale of the remaining Loans and Acquired Collateral following a Clean-Up Call, Participant shall submit its Participation Certificate to the Company for replacement and the Company shall issue a new Participation Certificate to Participant evidencing the change in Participant’s Share from 80% to 60%.
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Participant’s Share. Participant's Share" means amount set forth on Exhibit A attached hereto.
Sample 1Sample 2
Participant’s Share. See each Exhibit A.
Sample 1
Participant’s Share. In addition to any other obligations owed by Participant to a Seller hereunder, Participant hereby undertakes that it shall at all times hereafter hold each Seller, its officers, directors, employees and agents completely harmless from and indemnify and keep each Seller, its officers, directors, employees and agents fully and effectively indemnified against and shall within one Business Day of a Seller's demand, immediately deliver to such Seller, Participant's Share of all claims, demands, actions, proceedings, judgments, damages, penalties, experts' or attorneys' fees, losses, liabilities, costs, charges and expenses of whatsoever kind and without any exception, which such Seller, its officers, directors, employees and agents may at any time or times suffer, pay, sustain, incur or discharge by reason of or in consequence of such Seller performing its obligations or enforcing rights under the Loan Documents or Collateral or under this Agreement or taken for the protection and preservation of the Collateral, or in the defense of any claim, actual or threatened, by any Obligated Party, a receiver or trustee for any Obligated Party, or any third party, for, or on account of, or with respect to the Loans ("Costs").
Sample 1

Related to Participant’s Share

  • VALUE OF PARTICIPANT'S ACCRUED BENEFIT If a distribution (other than a distribution from a segregated Account) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (Choose (a), (b) or (c))

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Payout At the commencement of the period of leave, the College shall pay to the participant the moneys standing to his/her credit less any premiums or contributions deducted for the year, except as may otherwise be mutually agreed, it being understood that interest is not earned for the period of leave.

  • Performance Shares The Performance Shares earned by the Grantee will be determined and delivered to the Grantee as soon as practicable subsequent to the determination of the Corporation’s financial results for the Performance Cycle and approval by the Plan Administrator. The corresponding shares of the Corporation’s common stock will be purchased on the open market.

  • Annual Incentive Award During the Term of Employment, the Executive shall be eligible for an annual incentive award with payout opportunities that are commensurate with his position and duties, as determined by the Compensation Committee in its discretion. Commencing with the Effective Date of the initial Term of Employment, the Executive’s target annual incentive award opportunity will be equal to fifty percent (50%) of the Executive’s Base Salary. The Executive’s annual incentive award opportunities shall be based on Company and individual performance goals determined, and subject to change, by the Compensation Committee in its discretion. The Executive shall be paid his annual incentive award no later than other senior executives of the Company are paid their annual incentive award.

  • Dividend Equivalent Payments Until your RSUs convert to Shares, if and when MSCI pays a dividend on Shares, you will be entitled to a dividend equivalent payment in the same amount as the dividend you would have received if you held Shares for your vested and unvested RSUs immediately prior to the record date. No dividend equivalents will be paid to you with respect to any canceled or forfeited RSUs. MSCI will decide on the form of payment and may pay dividend equivalents in Shares, in cash or in a combination thereof, unless otherwise provided in Exhibit B. MSCI will pay the dividend equivalent when it pays the corresponding dividend on its common stock. The gross amount of any dividend equivalents paid to you with respect to RSUs that do not vest and convert to Shares shall be subject to potential recoupment or payback (such recoupment or payback of dividend equivalents, the “Clawback”) following the cancellation or forfeiture of the underlying RSUs. You consent to the Company’s implementation and enforcement of the Clawback and expressly agree that MSCI may take such actions as are necessary to effectuate the Clawback consistent with applicable law. If, within a reasonable period, you do not tender repayment of the dividend equivalents in response to demand for repayment, MSCI may seek a court order against you or take any other actions as are necessary to effectuate the Clawback.

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Dividend Equivalents and Adjustments (a) Dividend Equivalents shall be paid or credited on RSUs (other than RSUs that, at the relevant record date, previously have been settled or forfeited) as follows, except that the Committee may specify an alternative treatment from that specified in (i), (ii), or (iii) below for any dividend or distribution:

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