Floor Amount definition

Floor Amount means the greatest pre-tax amount of Potential Parachute Payments that could be paid to Executive without causing Executive to become liable for any Excise Taxes in connection therewith; and

Floor Amount means four hundred

Floor Amount. An amount equal to the product of (x) 0.50% and (y) the Maximum Pool Principal Balance.

Examples of Floor Amount in a sentence

• While variable annuity payments may increase or decrease, this feature guarantees that they will never fall below the Floor Amount.

• If you take a withdrawal from the contract, the Floor Amount will be reduced in the same manner that the withdrawal reduces the Annuity Units.

• The Minimum Payment Requirement shall be calculated for the entire Payment Deferral Period, as a cumulative total, by comparing the Net Cash Retention Amount against the Deferral Floor Amount.

• Taking the Contracting Retailer’s Primary Charges for the Payment Deferral Period (including VAT) and applying the Deferral Floor Percentage to determine the Deferral Floor Amount.

• The Operator shall make no claim against the Customer for an amount less than the Liability Floor Amount.

More Definitions of Floor Amount

Floor Amount means the product of 0.25% and the Aggregate Closing Date Collateral Balance.

Floor Amount means the greatest pre-tax amount of Potential Parachute Payments that could be paid to Employee without causing Employee to become liable for any Excise Taxes in connection therewith; and

Floor Amount means an amount equal to the product of (a) the Notional Quantity per Determination Period multiplied by (b) the Floor Price, or as otherwise provided in the Confirmation.

Floor Amount has the meaning set forth in Section 1.6(c)(ii)(B).

Floor Amount means, with respect to any Determination Date, the greater of (A) $100,000 and (B) the lesser of (i) the Note Balance and (ii) 2.0% of the Original Pool Balance.

Floor Amount means the Floor Price multiplied by the number of Relevant Shares held at the Holding Time;

Floor Amount shall have the meaning set forth in Section 11.1(e).