Post Vesting Costs definition

Post Vesting Costs means all items of outlay and expense whatsoever, direct or indirect, with respect to all activities carried out after the Final Vesting Date in respect of the Property (including without limitation exploration, development and mining) including without limitation those detailed in Sections 2.1 to 2.14 inclusive in the accounting procedures annexed as Schedule "C" to the Joint Venture Agreement, but excluding Optionee's Borrowing Costs;
Sample 1

Examples of Post Vesting Costs in a sentence

  • In the event the Optionor elects to convert its Interest to a Carried Interest pursuant to Section 7.01, the Optionee shall be responsible for the payment of all Post Vesting Costs.

  • Page 3, beginning line 17, strike ‘‘the Director of the Explosives Division, and the Chief Medical Officer’’ and insert ‘‘and the Director of the Explosives Division’’.

Related to Post Vesting Costs

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • Vesting Percentage means the percentage by which the Target Total Award is multiplied as set forth in the chart in Section II below.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA; ‘HESA’ means the Higher Education Support Xxx 0000; ‘maximum basic grant amount’ or ‘MBGA’ has the same meaning as in subclause 1(1) of Schedule 1 of HESA.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Non-Performance Charge means the charge applicable to Capacity Performance Resources as defined in Tariff, Attachment DD, section 10A(e). Nonincumbent Developer:

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Final compensation of a member means:

  • Annual Compensation means an amount equal to the greater of:

  • Average final compensation means the average annual creditable compensation of a member during

  • Compensation Accrued at Termination means the following:

  • Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • Net earned premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract.