Tenant Incentive Payment definition

Tenant Incentive Payment means the Tenant Incentive Payment described in the Basic Lease Information and defined in Section 5(b).

Examples of Tenant Incentive Payment in a sentence

  • Tenant shall pay Lessor $50,000 for such sign rights which Tenant and Landlord agree may be deducted from the Tenant Incentive Payment if requested by written notice from Tenant to Landlord.

  • In the event of a termination of the Lease due to Tenant’s default hereunder, Tenant shall, upon ten (10) days’ written notice from Landlord, refund to Landlord as sum equal to (i) fifty percent (50%) of the unamortized portion of the Tenant Incentive Payment previously paid to Tenant reduced by, if applicable, (ii) amounts paid by Tenant for permanent improvements to the Premises which remain in the Premises and which exceed fifty percent (50%) of the original Tenant’s Work.

  • With respect to any portion of Tenant’s Work performed by Tenant’s contractors, Tenant shall have one hundred twenty (120) days from the later of the Commencement Date or the date that Tenant’s Work is substantially completed (as evidenced by a certificate of occupancy) to submit to Landlord it’s request for the Tenant Incentive Payment and comply with the criteria set forth in (i) through (viii) herein above.

  • Any charges to be paid to Landlord’s architect and engineers by Tenant with respect to any further revisions of the Plans and Specifications shall be offset against the Tenant Incentive Payment, as hereinafter defined.

  • There is no Tenant Improvement Allowance or Tenant Incentive Payment applicable to the Expansion Space.

  • Landlord agrees, separate and apart from, and in addition to, the Tenant Improvement Allowance and the Tenant Incentive Payment, to recarpet and repaint the common areas within the Building prior to January 1, 1998.

  • Outline of the Trust AgreementName: Share Grant Trust for OfficersEntrustor: YONDOSHI HOLDINGS INC.Trustee: Resona Bank, Limited(Retrust trustee: Custody Bank of Japan, Ltd.

  • The cost of any such permits shall be deducted from the Tenant Incentive Payment if requested by written notice from Tenant to Landlord.

  • Landlord shall apply the Tenant Incentive Payment against the approved cost of the Tenant’s Work being performed by Landlord’s contractor, and shall provide Tenant with copies of requisitions for the same.

  • Further, Tenant shall pay for the costs (in excess of the Tenant Incentive Payment), if any, incurred with respect to obtaining and furnishing such Change Estimate including, but not limited to, costs related to obtaining governmental approvals, architectural/engineering fees, subcontractor costs and costs of materials.

Related to Tenant Incentive Payment

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Final compensation of a member means:

  • Availability Incentive Payments has the meaning set forth in the CAISO Tariff.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

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

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Annual Bonus shall have the meaning set forth in Section 4(b) below.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.

  • Annual Salary means the salary given under this Part.

  • Basic Compensation means Salary and Benefits.

  • Additional Compensation has the meaning given to it in Section 10.2;

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Retirement allowance means the retirement payments to which a member is entitled.