Trigger Event Amount definition

Trigger Event Amount means the product of: (a) .75; and (b) Executive’s annualized Base Salary as in effect immediately prior to the Trigger Event (or, if applicable, the Base Salary in effect immediately prior to any Base Salary reduction that gave rise to a termination by Executive for Good Reason).
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Trigger Event Amount means: two (2) times the sum of (1) the Base Amount, and (2) the Bonus Amount; provided, however, in the event that the Trigger Event occurs on or after July 1 of any calendar year, the Trigger Event Amount also shall include an amount equal only to 50% of Employee’s target Annual Bonus for the fiscal year in which the Trigger Event occurred.
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Trigger Event Amount means (a) $13,000,000 during the period (i) commencing on January 31, 2014 and (ii) ending on April 7, 2014, and (b) $35,000,000 at all other times and “Additional Advisor Expenditures” shall mean the actual cash payments made by the Credit Parties to the Additional Advisor (as defined in the Second Amendment to Second Amended and Restated Revolving Credit Agreement, dated as of February 6, 2014, by and among the Credit Parties, the Lenders, the Administrative Agent and the other parties thereto) through such date of determination.” 3.
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Examples of Trigger Event Amount in a sentence

  • Subject to Section 4.02(F) below, the Trigger Event Amount shall be payable in a lump sum on the next regular paydate following the date that the Release becomes effective and is no longer subject to revocation.

  • With the exception of Accrued Obligations, all payments and benefits to Executive pursuant to this Section 4.02 (including the Prorata Bonus, the Severance Payment, the Trigger Event Amount and the waiver of Executive’s contribution amount to COBRA) shall be contingent upon Executive’s execution, delivery within 21 days (or 45 days in the case of a group termination) following receipt by Executive, and non-revocation of a general release in a form satisfactory to Employer (the “Release”).

  • The Trigger Event Amount shall be payable on the next regular paydate following 180 days after the date of Trigger Event; provided, however, Employer will pay the Trigger Event Amount on the next regular pay date following the expiration of the revocation period set forth in the Release, if payment at such time will not violate the applicable requirements of Section 409(A) of the Code.


More Definitions of Trigger Event Amount

Trigger Event Amount means: two(2) times the annualized Base Salary in effect immediately prior to the Trigger Event.
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Trigger Event Amount means: (a) if the Trigger Event occurs prior to the twelve (12) month anniversary of the Commencement Date, one and one-half (1.5) times the sum of (1) the Base Amount, and (2) the Bonus Amount (as defined below); or (b) if the Trigger Event occurs on or after the twelve (12) month anniversary of the Commencement Date, two (2) times the sum of (1) the Base Amount, and (2) the Bonus Amount; provided, however, in the event that the Trigger Event occurs on or after July 1 of any calendar year, the Trigger Event Amount also shall include an amount equal only to 50% of Employee’s target Annual Bonus for the fiscal year in which the Trigger Event occurred.
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