Retained Amount definition
Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.
Retained Amount means the amount calculated in Part 1;
Retained Amount means the Notional Reduction Amount as at the Scheduled Maturity Date; and
Examples of Retained Amount in a sentence
Off Contract, the Parties agree the following amendments to remove application of the Retained Amount.
For the purposes of this Call-Off Contract, the Parties agree there shall be no Retained Amount and all of the relevant provisions in Schedule 2.2 (Performance Indicators) of the Framework Agreement or otherwise shall not be applicable.
More Definitions of Retained Amount
Retained Amount means the present value (as determined in accordance with Sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto. In connection with making determinations under this Section 6(l), Tax Counsel shall take into account the value of any reasonable compensation for services to be rendered by Executive before or after the Change in Control, including any noncompetition provisions that may apply to Executive, and Sterling shall cooperate in the valuation of any such services, including any noncompetition provisions.
Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Internal Revenue Code of 1986, as amended (the “Code”) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto. To the extent any reduction is required, the Total Benefits shall be reduced in the following order: (i) any portion of the Total Benefits that are not subject to Section 409A of the Code (other than Total Benefits resulting from any accelerated vesting of equity awards), (ii) Total Benefits that are subject to Section 409A of the Code in reverse order of when payment is due, and (iii) Total Benefits that are not subject to Section 409A and arise from any accelerated vesting of any equity awards.
Retained Amount has the meaning set forth in Section 7.6(a).
Retained Amount means the amount, if any, described in Exhibit A to the Series Trust Agreement, which amount shall be held by the Trustee in trust for the benefit of the Depositor and shall be paid by the Trustee to the Depositor in accordance with Section 4.01 hereof.
Retained Amount means, in respect of a Tranche of Notes, an amount determined by the Calculation Agent as being equal to the maximum Cash Settlement Amount(s) (as defined in the Portfolio CDS) that may be payable under the Portfolio CDS to settle any Unsettled Credit Event(s).
Retained Amount has the meaning set forth in Section 3.5(d).
Retained Amount an amount not to exceed $25,000 on deposit in any DDA and, when aggregated with all other amounts remaining on deposit in all DDAs at any time, not exceeding $1,000,000.