Termination Amounts definition

Termination Amounts means on a termination of the Contract the aggregate of:

Termination Amounts means all severance, termination amounts (including notice or other termination indemnities) and similar amounts (including, for the avoidance of doubt, accrued vacation, paid time off and similar items) payable to the Business Employees in connection with the termination of their employment and, in each case, any Taxes imposed on the employer as a result thereof.

Termination Amounts shall have the meaning provided in Section 5.17(b).

Examples of Termination Amounts in a sentence

• Neither LCH SA nor a Clearing Member, as the case may be, shall be permitted to effect payment netting between the House Termination Amount or Global House Termination Amount if applicable, on the one hand and the Client Termination Amounts on the other hand.

• Such provisions are similar in effect to the terms which are included in the Programme Documents relating to the subordination of Excluded Swap Termination Amounts.

• If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings.

• The Company shall pay Executive: (A) the amounts contained in items (i) through (iv) within ten (10) days following such termination; (B) any payments associated with (v) in accordance to the terms of such plans or programs; and (C) any such amounts in (vi) in accordance with the terms of such agreements, with the Termination Amounts being subject to the standard deductions and withholdings (as applicable).

• For the avoidance of doubt, in addition to the Cancellation Charge, Termination Amounts also apply in respect of Transmission Connection Assets.

More Definitions of Termination Amounts

Termination Amounts means the amounts referred to in Exhibit

Termination Amounts shall have the meaning given to such term in Section 26(c) hereof.

Termination Amounts means fifty percent (50%) of all amounts (after giving effect to any related Tax benefit realized by the Company and/or its Subsidiaries, assuming an effective tax rate of forty percent (40%), in connection therewith) which become due and owing to the relevant BCI employee(s) under any of those certain Change in Control Severance Agreements set forth on Schedule 4.10(a)(i) during the one year period from the Closing to the first anniversary of the Closing as a result of such employee(s) terminating his (their) employment with BCI for Good Reason (as defined in the Change in Control Severance Agreements) or the Company terminating the employee’s(s’) employment without Cause (as defined in the Change in Control Severance Agreements); provided, however, “Termination Amounts” shall not include any other amounts which become due and owing under such Change in Control Severance Agreements or any amounts which become due and owing to Xxxxx X. Xxxx under that certain Bakery Chef Inc. Change and Control Severance Agreement by and between BCI and Xxxxx X. Xxxx, as amended (the “Xxxxx X. Xxxx Severance Agreement”) (such other amounts which become due and owing under such Change in Control Agreements and amounts which become due and owing to Xxxxx X. Xxxx under the Xxxxx X. Xxxx Severance Agreement being referred to herein as the “Buyer Termination Amounts”).

Termination Amounts means, with respect to any Servicing Contract, any termination fee or similar payment that is paid to the Seller, and any other amount that is paid or reimbursed to the Seller, in connection with the termination of the Seller's obligations as servicer or subservicer under such Servicing Contract.

Termination Amounts means all severance, termination (including notice or other termination indemnities) and similar amounts (including, for the avoidance of doubt, accrued vacation, paid time off and similar items or payments by an employer of amounts to compensate for costs of

Termination Amounts with respect to the Facility Lease and each Termination Date, means the amounts equal to the Purchase Price multiplied by the percentage of the Purchase Price specified on Schedule 2 to the Facility Lease as the corresponding “Termination Amount” plus the Special Event Amount unless the Termination Amount is being paid pursuant to Section 10.3 or 17 of the Facility Lease.

Termination Amounts shall have the meaning set forth in the definition of “Customer Collections” in this Base Indenture Definitions List.