WIIP definition

WIIP means that certain Working In terest Incentive Plan, dated effective as of August 15, 2012, by and between The Yuma Companies, Inc. and S▇▇▇▇▇ ▇. ▇▇▇▇▇, as in effect on September 21, 2012.

Examples of WIIP in a sentence

  • In exchange for the foregoing negotiated concessions from the WGA, including but not limited to the WGA’s agreement to franchise CAA prior to the disposition of its greater-than-20% ownership interest in WIIP pursuant to the Trust Agreement, CAA agrees that it shall not exercise its rights under Section 7.B. of the Franchise Agreement until the Trustee completes the sale of the “Disposition Assets” in accordance with paragraph 1(a).

  • During the Suspension Period, CAA shall place in escrow any monies received by CAA in connection with any WIIP Motion Picture project, including but not limited to package fees and commissions.

  • Upon the Trustee’s sale of the Disposition Units pursuant to the Trust Agreement, the combined ownership interests of CAA and TPG in WIIP shall not exceed 20%.

  • Within five (5) business days of the sale of the Disposition Units, CAA shall provide the WGA a copy of WIIP’s operating agreement and any other documents sufficient to demonstrate that CAA and TPG do not have a controlling ownership or other financial interest in WIIP in excess of that permissible in Section 3.B.1. of the Franchise Agreement.

  • After the sale of the Disposition Units, CAA and TPG agree that any remaining ownership interest in WIIP either of them possesses shall be non-controlling, consistent with Section 3.B.1. of the Franchise Agreement, and shall not provide any “negative controls” other than typical minority owner protections which do not impact the day to day management of the business.

  • With this amendment, the City intends to proceed with other elements of the WIIP designed by ▇▇▇▇▇ as the Cycle 2 construction project.

  • Hazen will compile construction documents, including design drawings for paving and striping, supplemental technical specifications as required for the scope of work tiering off the Cycle 2 WIIP contract documents, and an opinion of construction costs for the segments used in the Cycle 2 construction documents.

  • Task 2 –Construction Documents Hazen will compile construction documents including design drawings using previously designed segments from the Cycle 1 WIIP and updated General Sheets, updated technical specifications from Cycle 1 WIIP, and updated opinion of construction costs for the segments used in the Cycle 2 construction documents.

  • Because of budget limitations during Cycle 1 WIIP, the City of Manhattan Beach (City) selected only certain elements of the WIIP designed by ▇▇▇▇▇ in Cycle 1 to be bid and awarded for construction.

  • Hazen will prepare technical specifications including bid schedules for the selected segments for the project by updating the Cycle 1 WIIP specifications, as necessary.