Additional Cash Payments definition

Additional Cash Payments shall have the meaning set forth in Section 2.2.
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Additional Cash Payments means the payments described in section 4(c).
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Additional Cash Payments. Executive currently receives $1,600 per month in additional compensation in lieu of participation in Company-provided health benefits, as well as $1,000 per month in non-accountable automobile allowance. Beginning April 1, 2008, and on the first of the month for each of the six (6) calendar months thereafter, up to and including October 1, 2008, Executive shall continue to be paid $2,600 in cash (for a total additional payment of $18,200.00), less applicable payroll withholding and deductions, if any. Such payments shall be made by Wire Transfer on each day they are due and payable hereunder, or, alternatively, by direct deposit on such dates, to the checking account of Executive at Bank of America, which bank account information has been provided to Company for the direct deposit of semi-monthly paychecks during the Term of Executive’s employment by the Company.
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Examples of Additional Cash Payments in a sentence

  • In the event that BUYER gives notice that it intends to abandon the balance of the Property held by it then, subject to section 5 hereof, upon expiry of the thirty (30) day period BUYER's obligations to make either of the Additional Cash Payments not due before expiry of such thirty (30) day period shall terminate.

  • Discussion and possible action regarding Utility Relocation agreement with Rural Water District #4 to meet utility relocation requirements for reconstruction of 101st Street, State Project 29395.

  • Kimata (2013) did a study on effects of ICT on the financial performance of deposit taking SACCOS in Nairobi County.

  • Certain Class C unit holders are to receive Additional Cash Payments between the first and the fifth anniversary dates of closing the Religare transaction, assuming continued employment as of those payment dates.

  • Such Initial and Additional Cash Payments shall be deemed to satisfy in full all obligations of Owner and of the Property to make school donations and contributions in total for those lands within the West Aurora School District, and in accordance with Chapter 6 of the Subdivision Regulations, and as further evidenced by the letter of agreement from the West Aurora School Districts as set forth in Exhibit J-5 (the “West Aurora School Letter of Agreement”).

  • In addition to the Closing Cash Payment, after the Closing, the Buyer shall pay in cash to the Seller a total of $5,000,000, payable in four equal installments of $1,250,000 on or before the date that is six months after the Closing Date, the first anniversary of the Closing Date, the date that is six months after the first anniversary of the Closing Date and the second anniversary of the Closing Date (collectively, the "Additional Cash Payments").

  • Effective on the Effective Date, NEWMONT and TOTAL have terminated the Joint Venture and the Joint Venture Agreement in such a manner as to provide for NEWMONT to receive Additional Cash Payments and the perpetual Royalty on 100% of the Property and the Area of Interest described herein.

  • Checks for valid claims for Out-of-Pocket Losses, Documented Time, Attested Time, and Additional Cash Payments either will be mailed by the Settlement Administrator to the mailing address that you provide, or will be provided through PayPal or Venmo at your election.

  • Effective on the Closing Date, the SELLERS agree that the Joint Venture and the Joint Venture Agreement shall terminate in such a manner as to provide for SELLERS to receive the Additional Cash Payments and a perpetual production royalty on 100% of the Property and the Area of Interest.

  • Purchaser will arrange and deliver to Seller at Closing a letter of credit, on such terms and conditions as may be mutually acceptable to the Parties, as security for the payment of the Additional Cash Payments.


More Definitions of Additional Cash Payments

Additional Cash Payments means the cash payments described in section 3.
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Additional Cash Payments means the cash payments described in Recital A.
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Additional Cash Payments means cash payments payable to each Participating Settlement Class Member from the monies remaining in the Settlement Fund after all payments are made for (i) Notice and Administrative Expenses; (ii) Taxes and Tax-Related Expenses; (iii) Service Awards Payments approved by the Court; (iv) Fee Award and Costs; and (v) reimbursement for Out-of-Pocket Losses and Attested Time.
Sample 1
Additional Cash Payments shall be the sum of (i) the aggregate amount of all Accelerated Award Payments and Formula Amounts paid or required to be paid by the Company in accordance with Section 7.8 and (ii) the aggregate amount of all Shareholder Distribution Shortfall Amounts in accordance with the next sentence. The “Shareholder Distribution Shortfall Amount” with respect to each stock option under the Employee Option Plan exercised for one share of Company Common Stock from or after the date hereof and by or on the twentieth (20th) day prior to the Shareholder Distribution Record Date, shall be the amount equal to the positive difference (if any) between (i) the quotient of (A) the aggregate amount of the Cash Payment divided by (B) the aggregate number of shares of Company Common Stock and Company Preferred Stock outstanding as of the date hereof as set forth in Section 5.3 and (ii) the exercise price of such option per share of Company Common Stock. The aggregate amount of all Shareholder Distribution Shortfall Amounts shall be paid by the Purchaser to the Company on or prior to the date of the Shareholder Distribution and the aggregate accrued amount of all Accelerated Award Payments and Formula Amounts shall be paid by the Purchaser to the Company no later than the second (2nd) Business Day after the fifteenth (15th) day after the Shareholder Distribution date, it being specified that the Company shall deliver to the Purchaser all information evidencing the calculation of such amount at least five (5) Business Days before any payment to be made by the Purchaser pursuant to this Section 3.1(b).
Sample 1

Related to Additional Cash Payments

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Cash Payment has the meaning set forth in Section 2.2(b).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Non-Cash Consideration means consideration in a form other than cash.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Earnout Payments has the meaning specified in Section 2.7.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Borrower or any Restricted Subsidiary in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower setting forth the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of such Designated Non-Cash Consideration.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Additional Fees means those prices for the Additional Goods/Services and additional costs and levies required from time to time and notified to you in advance, to provide adequately for the education and related activities and services provided to your Child, including the costs of extra-curricular activities or special educational needs;

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Delta Payment means as it is described in this Agreement.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Deferred Net Cash Proceeds Payment Date shall have the meaning provided such term in the definition of Net Cash Proceeds.