Contingent Amount definition

Contingent Amount. “Contingent Amount” shall mean an amount not to exceed $<<INSERT AMOUNT (25% OF MAX AMOUNT OF GRANT FUNDS>> in the City’s sole discretion, that may be available as contingency funding for the Grant Plan (Appendix B) subject to authorization by the City and certified as available by the Controller. Grantee shall not use or otherwise allocate the Contingent Amount in the Project Budget (Appendix A) without: (a) submitting a written request to revise the Project Budget and Grant Plan to OEWD along with a proposed revision to the Project Budget and Grant Plan, if applicable, and (b) prior written approval by OEWD of such revision to the Project Budget and Grant Plan, if applicable. Xxxxxxx further understands and agrees that no disbursement of any portion of the Contingent Amount will be made unless and until such funds are certified as available by the Controller. Grantee shall comply with the terms and conditions of this Agreement with regard to the Contingent Amount. In no event shall the amount of Grant Funds disbursed hereunder exceed $<<INSERT AMOUNT (TOTAL OF MAX AMOUNT OF GRANT FUNDS PLUS 25%)>>.

Contingent Amount has the meaning given in the Arrangement Agreement;

Contingent Amount equals the difference between the amount that the Final Determination provides that should have been transferred from the U S WEST Pension Plan to the Media Pension Plan in connection with the spinoff and the Media Asset Share. If the difference is positive, that is, the Final Determination provides that additional assets should have been transferred to the Media Pension Plan, the difference shall be referred to as a "Positive Contingent Amount." If the difference is negative, that is, the Final Determination provides that the amount that should have been transferred is less than the Media Asset Share, the difference shall be referred to as a "Negative Contingent Amount."

Examples of Contingent Amount in a sentence

• We note that, as recognized by the court in Defensor, supra, where the work is to be performed for entities other than the petitioner, evidence of the client companies' job requirements is critical.

• The importer therefore enters into a Ratio with the following terms:Enhanced Rate 1.6000Contract Amount USD 100,000 Contingent Amount USD 200,000 Ratio (Bought: Sold) 1:2Expiry Date 3 months The possible outcomes on expiry are as follows: • If the Spot Rate is below 1.6000 the importer will have the right, but no obligation to sell EUR and buy the Protected Amount of USD 100,000 at the enhanced rate of 1.6000.

• Interest shall be deemed to have accrued and shall only be payable on the actual amount of the Contingent Amount.

• The applicable formula for the Contingent Amount is the lesser of (i) the product of the (x) the equity consideration ($0.35/stock price on date of signing) and (y) the absolute value of the stock price on the closing date less the stock price on the signing date, and (ii) $0.0525.

• For the avoidance of doubt, any amount released from the Escrow Fund and any Contingent Amount to be paid to a holder of 102 Stock, shall be paid to the 102 Trustee to be held and released in accordance with Section 102 of the Ordinance and the regulations and rules promulgated thereunder the Option Tax Ruling (or any other approval or instructions from the ITA received either by the Company or Parent, including the Interim Options Ruling), and subject to withholding pursuant thereto.

More Definitions of Contingent Amount

Contingent Amount means a dollar amount equal to the lesser of (i) the product of (x) the Equity Consideration and (y) the absolute value of the Closing Price less the Signing Price, and (ii) $0.0525;

Contingent Amount means an amount of currency that you are obliged to settle if certain agreed conditions are met under a Structured Option.

Contingent Amount means any consideration payable to the Shareholders after the closing date of a Sale Transaction as consideration for Shares or assets of the Company Group that is either (i) placed in escrow or otherwise held back to support indemnification obligations, purchase price adjustments, or other similar obligations, (ii) contingent consideration to be paid in the future (including, without limitation, any installment payments, milestone payments and “earn-outs”), or (iii) set aside in a separate account for use by a representative of the Shareholders to manage, address, monitor or otherwise deal with post-closing matters relating to such Sale Transaction. Notwithstanding the foregoing, to the extent required by Section 409A of the Internal Revenue Code, the term “Contingent Amount” shall not include any amounts due or payable more than five years following the Closing Date or not permitted under Treasury Regulation § 1.409A-3(i)(5)(iv)(A).

Contingent Amount means the amount determined pursuant to Section 2.11.

Contingent Amount shall have the meaning set forth in Section 9.7(a).

Contingent Amount is defined in Section 2.2(a).

Contingent Amount. As defined in Section 4.7(e).