Applicable Payment Amount definition

Applicable Payment Amount means, with respect to any given Applicable OUS Conveyed Company SSE, the sum of (a) the gross wages of such Applicable OUS Conveyed Company SSE for a given month, (b) the applicable employer-sided employment Taxes payable on account of such Applicable OUS Conveyed Company SSE for a given month, and (c) the amount equal to the gross wages for a given month of such Applicable OUS Conveyed Company SSE multiplied by (x) the applicable Benefit Uplift Allocation for the country of such Applicable OUS Conveyed Company or (y) if a Benefit Uplift Allocation is not provided for the country of such Applicable OUS Conveyed Company, 20.9%; provided, that, to the extent wage or benefit costs increases (including cost increases under self-insured welfare plans and/or as a result of transfer to Purchaser’s or its Affiliates’ Benefit Plans) for any Applicable OUS Conveyed Company SSE takes effect as part of the normal course of Business or the transition of employees to Purchaser’s or its Affiliates’ Benefit Plans, the Applicable Payment Amount will be adjusted accordingly, provided that Purchaser provides reasonable documentation of such increases.
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Applicable Payment Amount means, as of any date, an amount equal to (a) the aggregate amount of Debt of the Companies, as of such date, minus (b) the product of (i) EBITDA of the Companies, for the four (4) fiscal quarter period immediately preceding the date of determination, and (ii) 2.75; provided that if such Applicable Payment Amount is less than $0.00, then the Applicable Payment Amount shall be $0.00.
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Applicable Payment Amount means the amount determined by the Board in its sole discretion based on such factors deemed relevant by the Board, including the nature of the Change of Control transaction, the aggregate amount of net consideration received by the members of Holdings as a result of the Change of Control, and Employee’s contributions to the success of the Company through the date of the Change of Control.
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Examples of Applicable Payment Amount in a sentence

  • Since 2015, IRS has indexed this figure annually.18 Table 8: Applicable Payment Amount (Employer Shared Responsibility) for CY 2014 Through CY 2016 Source: IRS, Notice 2015-87.

  • The country has a very low share of fiscal revenues over GDP, by regional and global standards, and elusion is widespread although imposition rates are not distinctively high, see Attali, 2010.Of interest to this report are the factors relating to the labour market.


More Definitions of Applicable Payment Amount

Applicable Payment Amount means, as of any date, an amount equal to (a) the aggregate amount of Debt of the Companies, as of such date, minus (b) the product of (i) EBITDA of the Companies, for the four (4) fiscal quarter period immediately preceding the date of determination, including EBITDA of any Company acquired by Borrower during that period, and (ii) 2.75; provided that if such Applicable Payment Amount is less than $0.00, then the Applicable Payment Amount shall be $0.00.
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Applicable Payment Amount means, with respect to any given Applicable OUS Conveyed Company SSE, the sum of (a) the gross wages of such Applicable OUS Conveyed Company SSE for a given month, (b) the applicable employer-sided employment Taxes payable on account of such Applicable OUS Conveyed Company SSE for a given month, and (c) the amount equal to the gross wages for a given month of such Applicable OUS Conveyed Company SSE multiplied by (x) the applicable Benefit Uplift Allocation for the country of such Applicable OUS Conveyed Company or (y) if a Benefit Uplift Allocation is not provided for the country of such Applicable OUS Conveyed Company, 20.9%; provided, that, to the extent wage or benefit costs increases (including cost increases under self- insured welfare plans and/or as a result of transfer to Purchaser’s or its Affiliates’ Benefit Plans) for any Applicable OUS Conveyed Company SSE takes effect as part of the normal course of Business or the transition of employees to Purchaser’s or its Affiliates’ Benefit Plans, the Applicable Payment Amount will be adjusted accordingly, provided that Purchaser provides reasonable documentation of such increases.
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Related to Applicable Payment Amount

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Payment Amount as defined in Section 3.5.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.

  • Allocation Amount means, as of the Closing Date, the Series 2017-2 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-2 Stated Principal Amount resulting from the issuance of additional Series 2017-2 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge- Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-2 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greater than the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Accrual Distribution Amount As to any Distribution Date prior to the applicable Accretion Termination Date and any Class of Accrual Certificates, an amount equal to the sum of (i) the Class A Interest Percentage of such Class of Accrual Certificates of the Current Class A Interest Distribution Amount and (ii) the Class A Interest Shortfall Percentage of such Class of Accrual Certificates of the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph second of Section 4.01(a)(i) on such Distribution Date. As to any Distribution Date on or after the applicable Accretion Termination Date, zero.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.