Payment Share definition

Payment Share means Shares, Restricted Stock, Restricted Stock Units or Other Share-Based Awards granted solely in lieu of the cash payment of the employee-deferral portion (and the earnings on such portion) of a Participant’s account under a nonqualified deferred compensation plan or similar arrangement of the Company, on a dollar-for-dollar basis based on the Fair Market Value of such Shares, Restricted Stock, Restricted Stock Units or Other Share-Based Awards at the time of payment; for the avoidance of doubt, a “Payment Share” shall not include any grant made in payment of any Company contribution (or the earnings thereon) under a nonqualified deferred compensation plan or similar arrangement of the Company regardless of whether such payment is made in lieu of cash.
Payment Share means, with respect to a particular Lender at a particular time, the ratio of Outstanding Accommodation of such Lender at such time to the aggregate of Outstanding Accommodations of all of the Lenders at such time.
Payment Share of any Borrower shall be the product of (a) the aggregate amount of such Joint Obligations remaining unpaid on the date such Joint Obligations become due and payable in full, whether at stated maturity, acceleration, or otherwise (the "Determination Date"), times (b) a fraction, the numerator of which is the balance of all moneys and consideration directly or indirectly advanced to or received by such Borrower pursuant to this Agreement net of all repayments thereof made by such Borrower, measured as of the Determination Date, and the denominator of which is the aggregate of all moneys and other consideration directly or indirectly advanced to or received by all Borrowers (other than the Underpaying Borrower) under this Agreement, net of all repayments thereof by all such Borrowers measured as of the Determination Date.

Examples of Payment Share in a sentence

  • Changing Payment Share DistributionsA contract modification is necessary if the participants requests a different share distribution.

  • The subscription price for each Payment Share will be based on a 5% discount to the volume weighted average price of the Company’s shares on the TSX Venture Exchange for the five trading days following the date of the particular invoice.

  • The Payment Shares are being issued at a deemed value of $0.25 per Payment Share.

  • The Payment Shares are being issued at a deemed value of $0.35 per Payment Share.

  • SOURCE: Health Care Financing Administration, Office of the Actuary, National Health Statistics Group.PercentCapitated Payment Share of Total Medicare Expenditures and Service Distribution of Capitated Payments: Calendar Years 1990-97 Managed care payments represented an ever-larger share of Medicare spending.

  • Some share account types do not permit withdrawal transfers, such as the Loan Payment Share and the Holiday Club Share, while others may not permit any transactions at all, such as Individual Retirement Accounts and Share Certificates.

  • Physical County Payment Share Selection Screen ..............................................

  • To the extent a Netcoins Class A Shareholder is to receive a fractional Payment Share, that entitlement shall be rounded down to the nearest whole number and no consideration shall be payable therefore.

  • To the extent a Netcoins Class B Shareholder is to receive a fractional Payment Share, that entitlement shall be rounded down to the nearest whole number and no consideration shall be payable therefore.

  • In consideration for the Transaction, the Company issued 16,500,000 common shares in the capital of CNRP (the “Payment Shares”) to the holders of X-SPRAYS securities at a deemed price of $0.30 per Payment Share.


More Definitions of Payment Share

Payment Share means any one of them.

Related to Payment Share

  • Payment Shares has the meaning set forth in Section 2.02;

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Delta Payment means as it is described in this Agreement.

  • Cash Exchange Payment means with respect to a particular Call Exchange for which the Corporation has elected to make a Cash Exchange Payment in accordance with SECTION 2.1 of this Agreement or a particular Put Exchange for which the Shareholder has elected to receive a Cash Exchange Payment (and such Cash Exchange Payment is capable of being made) in accordance with SECTION 2.2 of this Agreement:

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Accelerated Purchase Share Amount means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor in an Accelerated Purchase Notice, which number of Purchase Shares shall not exceed the lesser of (i) 300% of the number of Purchase Shares directed by the Company to be purchased by the Investor pursuant to the corresponding Regular Purchase Notice for the corresponding Regular Purchase referred to in clause (i) of the second sentence of Section 2(b) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Accelerated Purchase Share Percentage multiplied by (B) the total number (or volume) of shares of Common Stock traded on the Principal Market during the period on the applicable Accelerated Purchase Date beginning at the Accelerated Purchase Commencement Time for such Accelerated Purchase and ending at the Accelerated Purchase Termination Time for such Accelerated Purchase.

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Share Payment means (a) a payment in the form of Shares, or (b) an option or other right to purchase Shares, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Put Price has the meaning set forth in Section 8.05(a).

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Unit Share means a Common Share comprising part of each Unit;

  • Payment Amount as defined in Section 3.5.