First Determination Date definition

First Determination Date means the date on which the number of Stock Units that are Eligible Stock Units pursuant to this Award is determined by the Compensation Committee pursuant to Section 2(a) which date shall be as soon as practicable following [_______], and in no event later than [_______].

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

First Determination Date means October 31, 2010.

First Determination Date means the Determination Date immediately preceding the first Payment Date. “Second Determination Date” means the Determination Date immediately preceding the second Payment Date.

Examples of First Determination Date in a sentence

• If the Grantee does not remain continuously employed through the First Determination Date for any other reason, then all Restricted Shares shall be automatically forfeited to the Company and cancelled on the date the Grantee’s employment terminates.

• If the Grantee does not remain continuously employed through the First Determination Date because of Grantee’s death or Disability before such date, then a Pro-Rata Portion of the Initial Earned Restricted Shares (rounded to the nearest whole share) shall become vested and nonforfeitable as of the First Determination Date and all remaining Initial Earned Restricted Shares shall be automatically forfeited to the Company and cancelled.

• Agent will determine the Cash Equivalents to Funded Borrowings Ratio on the first date in each Applicable Period that the Credit Exposure equals or exceeds $6,000,000 (“First Determination Date”) and will determine the Cash Equivalents to Funded Borrowings Ratio on each 30-day anniversary of the First Determination Date occurring during each Applicable Period.

• The amount of shares of Warrant Stock exercisable at $.001 per share shall be equal to the positive difference, if any, between (i) $3,010,000 divided by the VWAP of the Issuer's Common Stock for the sixty (60) Trading Days preceding the First Determination Date and (ii) 21,500,000.

• Using the facts set forth in the preceding example, if as of June 30, 2001, Cumulative Signed Purchasing Volume is $2,000 million, and 4,968,592 Tranche A Shares become Vested Shares, then 814,849 Tranche A Shares shall be deemed Tranche A Shortfall Shares as of the First Determination Date: 5,783,441 - 4,968,592 = 814,849 Tranche A Shortfall Shares A Determination Date as of which there is a Tranche A Shortfall Amount is referred to as a "TRANCHE A SHORTFALL DETERMINATION DATE".

More Definitions of First Determination Date

First Determination Date shall have the meaning set forth in Section 2.3.1 hereof.

First Determination Date has the meaning provided in the definition of "Acquisition EBITDA."

First Determination Date means the last day of the second calendar year of the Performance Period.

First Determination Date. The Determination Date occurring in respect of the First Fiscal Year.

First Determination Date means the later of (i) the earlier of (A) the date that the Principal Market Stockholder Approval is obtained and (B) the date that the Common Stock ceases to be listed or quoted on the Principal Market, and (ii) the earlier of the date that (A) the Registration Statement filed pursuant to the Registration Rights Agreement shall be effective and available for the resale of all remaining Registrable Securities in accordance with the terms of the Registration Rights Agreement and (B) the first date that all of the Securities (as defined in the Securities Purchase Agreement) may be resold without restriction or limitation pursuant to Rule 144.

First Determination Date means the Determination Date in respect of the Payment Date falling on 27 January 2012;

First Determination Date means the earlier of (i) in the event that neither Seller nor Enson provides a Dispute Notice pursuant to Section 1.3(a)(i), five (5) Business Days after the date the Auditor delivers its report to Enson and Seller, (ii) the date Enson and Seller otherwise agree in writing upon the Auditor’s report or (iii) the date a final, nonappealable judgment has been rendered pursuant to Section 8.1 resolving all disputed issues in respect of the report as raised in the Dispute Notice.