AMR Bonus definition
AMR Bonus means an amount equal to 5% of the amount by which the Value of AMR exceeds $410 million.
Examples of AMR Bonus in a sentence
In the event of the occurrence of the AMR Valuation Event, the AMR Bonus shall be paid in a lump sum in cash as soon as practicable after the AMR Valuation Event; provided, however, that such payment shall be made no later than the 90th day following the AMR Valuation Event.
In the event of a Sale of AMR, the AMR Bonus shall be paid in a lump sum in cash as soon as practicable after the Sale of AMR; provided, however, that such payment shall be made no later than the 90th day following the Sale of AMR.