Payout Threshold definition

Payout Threshold means the receipt by the NGPMR Group of a cumulative cash amount in respect of the NGPMR Group’s Interests (whether as distributions from the Company or as cash payment in an Incentive Interest Transaction) equal to the ** where ** is equal to the ** determined as of the date of such distribution or cash payment. “** Percentage” shall mean **.
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Payout Threshold means an amount equal to the sum of (a) one hundred and eighty percent (180%) of the Initial Co- Promotion Period Expenses, plus (b) the amount set forth in the statements of the Reimbursed Co-Promotion Expenses. Notwithstanding anything to the contrary, the portion of the Payout Threshold described in subsection (a) shall not exceed One Hundred Eight Million US Dollars ($108,000,000).
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Payout Threshold means an amount equal to the sum of (a) one hundred and eighty percent (180%) of the Initial Co-Promotion Period Expenses, plus (b) the amount set forth in the statements of the Reimbursed Co-Promotion Expenses. Notwithstanding anything to the contrary, the portion of the Payout Threshold described in subsection (a) shall not exceed One Hundred Eight Million US Dollars ($108,000,000).
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Examples of Payout Threshold in a sentence

  • Instead, all accrued service fees shall be carried forward into subsequent Payment Periods until you meet the Payout Threshold, upon which Razer will duly make payment of the service fees to you.

  • The foregoing statements shall be used to determine the Payout Threshold.

  • Threshold, Target and Maximum Payout: Threshold payout is calculated at ___% TSR growth.

  • Co-Promotion Payments in the aggregate during the Repayment Term shall not exceed the Payout Threshold.

  • The amounts reimbursed to Urovant from foregoing invoices shall be used to determine the Payout Threshold.

  • If you do not meet the Payout Threshold within a Payment Period, you acknowledge that Razer shall not be obligated to make payment to you within the said Payment Period.

  • Seller warrants that there is no Payout Threshold and that any and all Payouts accrued during a monthly cycle will be sent to Affiliate.

  • In the event that the Public Offering Equity Value does not exceed the Payout Threshold, the number of shares of Petroglyph Common Stock that each Security Holder shall receive in the Exchange shall be calculated only pursuant to subclause (a) above.

  • Relative Total Shareholder Return: 3 Year Relative Achievement Achievement Results Payout Threshold 35th Percentile vs.


More Definitions of Payout Threshold

Payout Threshold means an amount that represents the aggregate distributions that the Partners would be required to receive from the Partnership in order to cause the occurrence of Payout on such date. The Payout Threshold on October 31, 1997 shall mean $23,668,843, and on each day subsequent to October 31, 1997, shall mean $23,668,843 plus interest on such amount to such subsequent date calculated at 11% per annum, compounded annually.
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Related to Payout Threshold

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • 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.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Threshold means, with respect to Party B and any Valuation Date, infinity.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.