Equalization Payment means, with respect to any period for any 300 Millimeter Arrangement, the payment made by Holdings III or any of its Restricted Subsidiaries in respect of its applicable share, determined pursuant to the terms of such 300 Millimeter Arrangement, of the depreciation and amortization expenses or charges in respect of capital expenditures made with respect to such 300 Millimeter Arrangement for such period that are recorded as research and development expenses of, but do not otherwise constitute Consolidated Depreciation and Amortization Expense of, Holdings III and its Restricted Subsidiaries on a consolidated basis for such period.
Equalization Payment has the meaning set forth in Section 5.1.4.1.
Equalization Payment means (in relation to a Unit issued by the Managers) the amount deemed to have been paid by the Holder for the capital sum deemed by the Manager to represent the amount included in an offer price of a Unit for the portion of net income accrued and capital gains realized up to the date upon which such Unit is deemed to have o been issued and (in relation to a Unit redeemed by the Managers) the amount deemed to have been paid to the Holder for the capital sum deemed by the Manager to represent the amount included in a bid price of a Unit for the portion of net income accrued and capital gains realized up to the date upon which such Unit is deemed to have been redeemed. o “Extraordinary Resolution” means a resolution passed at a meeting of Holders duly convened by giving not less than twenty one (21) days notice and held in accordance with the provisions contained in the Schedule hereto and carried by a majority consisting of not less than three quarters of the number of persons present and voting thereat upon a show of hands or if a poll is duly demanded and taken by a majority consisting of not less than three quarters in number of the votes given on such poll.
Examples of Equalization Payment in a sentence
The Company shall pay the Equalization Payment to the County at the time the next annual FILOT bill following the removal or casualty of Economic Development Property or termination of the Fee Agreement would be due.
In no event shall any Equalization Payment be due for any year after the first 20 years of each Phase of the Project.
The Equalization Payment is subject to interest pursuant to Section 12-54-25 of the Code.
In the event of a Diminution of Value under this Section 3.6, the Sponsor shall make any necessary Equalization Payment on the Removed Components.
More Definitions of Equalization Payment
Equalization Payment means (a) with respect to the Triggering Consolidation Transaction, the amount equal to 10% of the Excess Consideration, and (b) with respect to each Consolidation Transaction that occurs after the Triggering Consolidation Transaction, an amount equal to 10% of the Aggregate Consideration Value of such Consolidation Transaction.
Equalization Payment means the payment referred to in s. 5(1) of the Family Law Act,
Equalization Payment means, with respect to any period for any 300 Millimeter Arrangement, the payment made by Bermuda Holdings III or any of its Restricted Subsidiaries in respect of its applicable share, determined pursuant to the terms of such 300 Millimeter Arrangement, of the depreciation and amortization expenses or charges in respect of capital expenditures made with respect to such 300 Millimeter Arrangement for such period that are recorded as research and development expenses of, but do not otherwise constitute Consolidated Depreciation and Amortization Expense of, Bermuda Holdings III and its Restricted Subsidiaries on a consolidated basis for such period.
Equalization Payment has the meaning set forth in Section 5.1.4.15.4(d)(i) (Subsequent Closings.).
Equalization Payment means, with respect to only the first 20 years for each Phase of the Project, the following: (a) in the event of a Diminution of Value under this Fee Agreement, the payment to the County for the difference between (i) the FILOT payments previously remitted by the Company to the County on the Removed Components as calculated under Section 3.1(b) of this Fee Agreement and (ii) the FILOT Payment that would have been due on the Removed Components if the FILOT Payments had been calculated under Section 12-44-50(A)(1) of the Act; or (b) in the event of the termination of this Fee Agreement prior to the end of the Fee Term, the payment made to the County for the difference between
Equalization Payment shall have the meaning set forth in Section 3.1(b)(ii) hereof.
Equalization Payment means the amount payable by one Party to the -------------------- other to share the Operating Profit or Losses between the Parties as shown on Exhibit B. By way of example, in a total Operating Profits situation, if ORTHO has an Operating Profit of 40 and CTI has an Operating Loss of 10, then the Equalizing Payment made by ORTHO to CTI will be 25. In a total Operating Losses situation, if ORTHO has an Operating Loss of 40 and CTI has an Operating Loss of 10, the Equalization Payment made by CTI to ORTHO will be 15.