Additional Entitlement definition

Additional Entitlement means any Relevant Interest which would, but for sections 38, 39, 40, 41, 42 and 43 of the Law, result in a person having an Entitlement;
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Additional Entitlement has the meaning given to it in clause 1.10(b);
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Examples of Additional Entitlement in a sentence

  • The Additional Entitlement is determined based on 92.5% of the estimated net royalty revenue added to the Royalty Pool, divided by the yield of the Fund units, divided by the weighted average unit price of the Fund units.

  • BPI receives 80% of the Class B Additional Entitlement on the adjustment date with the balance (“Class B Holdback”) received when the actual performance of new restaurants that were added to the Royalty Pool in 2020 and actual effective tax rate for 2020 are known.

  • The ML Additional Entitlement is determined based on the estimated net tax-adjusted royalty revenue added to the Mr. Lube Royalty Pool (adjusted by a 20% discount for locations that were open for business prior to June 30, 2019, or a 7.5% discount for all other additions), divided by the yield of the Company’s shares, divided by the weighted average share price of the Company’s shares over the 20 days preceding March 31.

  • The SGRS Additional Entitlement is determined based on 92.5% of the estimated net tax-adjusted royalty revenue added to the Sutton Royalty Pool, divided by the yield of the Company’s shares, divided by the weighted average share price of the Company’s shares over the 20 days preceding May 31.

  • Mr. Lube receives 80% of the estimated ML Additional Entitlement initially, with the balance received on May 1 of the subsequent year when the actual full year performance of the new locations is known with certainty.

  • The SGRS Additional Entitlement is automatically exchanged by Sutton into common shares of DIV, or settled in cash at DIV’s option, pursuant to the Sutton Exchange Agreement.

  • Mr. Mikes receives 80% of the estimated MRM Additional Entitlement initially, with the balance received on April 1 of the subsequent year when the actual full year performance of the new locations is known with certainty.

  • Oxford receives 80% of the estimated OX Additional Entitlement initially, with the balance received on May 1 of the subsequent year when the actual full year performance of the new locations is known with certainty.

  • This is to protect our own property interests and rights and those of others such as neighbours who may be affected by parking issues.Failure to provide personal data when you apply for a tenancy, and necessary for us to consider your application, may mean your application does not go any further.

  • The balance of the Additional Entitlement will be adjusted to be effective January 1, 2008 once the actual performance of the new restaurants have been confirmed.

Related to Additional Entitlement

  • Entitlement means the entitlement specified as such in the definition of the relevant Series, subject to any adjustment in accordance with Product Condition 4;

  • Entitlements shall have the meaning set forth in Section 5(a)(i).

  • Partial Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Partial Entitlement ADR(s) “Partial Entitlement ADS(s)” and “Partial Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • Full Entitlement ADR(s) “Full Entitlement ADS(s)” and “Full Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • Securities Entitlement means the rights and property interests of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

  • Entitlement Holder means the person named on the records of a Securities Intermediary as the person having a Securities Entitlement against the Securities Intermediary.

  • Entitlement Order shall have the meaning specified in Section 8-102 of the UCC.

  • Additional Effective Date means the date the Additional Registration Statement is declared effective by the SEC.

  • Security Entitlements means the rights and property interests of an Entitlement Holder with respect to a Financial Asset.

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Supporting Obligation means a letter-of-credit right or secondary obligation that supports the payment or performance of an account, chattel paper, a document, a general intangible, an instrument, or investment property.

  • Additional Compensation has the meaning set out in Section 11.3(1).

  • Special Assessment means any assessment levied against a unit owner other than the assessment required by a budget adopted annually.

  • Supporting Obligations means supporting obligations (as such term is defined in the Code), and includes letters of credit and guaranties issued in support of Accounts, Chattel Paper, documents, General Intangibles, instruments or Investment Property.

  • Additional Representation has the meaning specified in Section 3.

  • Additional Benefits means those benefits in addition to the rights and remedies available under the Australian Consumer Law.

  • Full Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Additional Consideration has the meaning set forth in Section 3.2.