Earning Date definition

Earning Date means the date on which Canadian Superior has completed the Minimum Work Obligations and earned the Earned Interest pursuant to the Farmout Agreement;
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Earning Date has the meaning given thereto in Section 2.1.
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Examples of Earning Date in a sentence

  • The Performance Goal and Earning Date, and the number of Performance Share Units earned for specified levels of performance at the Earning Date, shall be as specified in Exhibit A hereto.

  • A company that is removed from the Comparison Group before the Earning Date will not be included at all in the computation of Total Shareholder Return.

  • Determinations of the Committee regarding Total Shareholder Return performance, in the case of a Change in Control or Employee’s Termination due to death prior to the Earning Date, shall be made as if the performance period had ended at the date of the Change in Control or Termination of Employment due to death, as applicable.

  • Nation will be in default under this Agreement if, prior to the Earning Date, it fails to contribute any portion of the Work Program Expenses when due under clause 5.2(b).

  • The Performance Goal and Earning Date, and the number of Performance Shares earned for specified levels of performance at the Earning Date, shall be as specified in Exhibit A hereto.

  • Settlement of a vested Performance Share granted hereunder shall occur at the Earning Date (with shares to be delivered within 60 days after the Earning Date); provided, however, that settlement shall occur earlier (i) within 60 days after the date of death of Employee, or (ii) within 60 days after a Change in Control; and provided further, that settlement shall be deferred if so elected by Employee in accordance with Section 6(b) hereof subject to Section 6(c) hereof.

  • The Committee shall certify on or before the applicable Earning Date whether the performance target applicable to such Earning Date was satisfied.

  • In the event CNE elected pursuant to Section 4.1(a) of this Agreement and prior to the Earning Date, all rights, duties, obligations, elections and privileges to which Canadian Superior is entitled under the Farmout Agreement shall be shared and may be separately exercised by each Party as to their Working Interest.

  • The term “Pro Rata Performance Share Payout” means a Pro Rata Portion of the Performance Shares that the Participant would otherwise have actually earned for that Performance Year if his Termination Date had not occurred prior to the Earning Date for that Performance Year.

  • The number of Performance Share Units earned by Participant shall be determined as of September 30, 2021 (the “Earning Date”), based on the Company’s “Cumulative NFEPS” (defined below) over the 36-month period ending at the Earning Date.