Legacy Incentive Compensation definition
Legacy Incentive Compensation means all Incentive Compensation to the extent such Incentive Compensation is attributable to payments under the LBHI Participation Agreement.
Examples of Legacy Incentive Compensation in a sentence
The contribution described in this Section 2.01(d) is intended to be treated as if FPC-HF had a non-recourse obligation to contribute cash in an amount equal to the amounts received with respect to such 12.5% interest in the DMA Legacy Incentive Compensation, secured solely by such right, title and interest in and to such DMA Legacy Incentive Compensation and that FPC-HF contributes such amounts (if any) to Five Point LP as and when earned under the DMA Legacy Incentive Compensation.