Maximum Payout Amount definition

Maximum Payout Amount means an amount determined with respect to a Unit equal to fifty (50%) percent of the Equity Stake Value determined as of the Valuation Date immediately preceding the date that the Unit becomes vested.
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Examples of Maximum Payout Amount in a sentence

  • Maximum Payout Amount The Maximum Payout Amount is the maximum annual cash bonus that can be earned and paid under the STI Plan.

  • The payments will be made in up to three installments on the first day of the 13th, 25th, and 35th month following the Termination Date, and each installment shall be one-third of the Maximum Payout Amount, or a lesser amount until the cumulative amount of all payments is equal to the Maximum Payout Amount times a fraction, the numerator of which is the number of months in the Change in Control Severance Period and the denominator of which is 35.

  • The payments will be made in up to three installments on the first day of the 13th, 25th, and 35th month following the Termination Date, and each installment shall be one-third of the Maximum Payout Amount, or a lesser amount until the cumulative amount of all payments is equal to the Maximum Payout Amount times a fraction, the numerator of which is the number of months in the Change in Control Severance Period and the denominator of which is 36.

  • Table 1 to § 3.11—Calculation of Maximum Payout Amount Capital conservation buffer Maximum payout ratio Greater than 2.5 percent plus 100 percent of the national bank’s or Federal savings as- sociation’s applicable countercyclical capital buffer amount.

Related to Maximum Payout Amount

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Earnout Amount has the meaning set forth in Section 2.7(a).