Clawback definition

Clawback means the obligation to repay amounts to a Member of the CFG Group by an individual in accordance with rule 4 as the Committee considers appropriate;

Clawback means a remedial action taken by ODSA to seek reimbursement from the Award Recipient for all or a portion of the award funds pursuant to the terms of the award agreement.

Clawback shall have the meaning set forth in Section 4(b).

Examples of Clawback in a sentence

• In this instance, you hereby direct Ellevest to instruct Folio to sell those securities acquired with the Purchased Funds (“Purchased Securities”) necessary to effectuate the Clawback (“Clawback Amount”).

• Clawback information: Failure to invest at least $7,500,000 in Costs of Infrastructure during the Investment Period results in prospective loss of the Special Source Credits.

• For the avoidance of doubt Clawback will not operate on any campaign without the express, prior written agreement of both parties.

• In this instance, you authorize Ellevest to determine those additional securities and other investments in your Program Account that must be sold to eliminate the Clawback loss (“Clawback Assets”) and instruct Folio to liquidate the Clawback Assets, without prior notice to you.

• Further you direct Ellevest to instruct Folio to allocate any gain from the sale of the Purchased Securities exceeding the Clawback Amount to your Program Account for continued investment (“Clawback Gain”).

More Definitions of Clawback

Clawback means an obligation by a grantee to repay a part or all of a grant for a failure to meet benchmark employment, cessation of operations in the State, or other terms contained in the grant agreement.

Clawback means where Incentive Remuneration has already vested, been settled, paid or otherwise made available, a Trigger Event which indicates an error in the calculation of an employee’s remuneration is discovered and the Board seeks to fulfill its fiduciary duty to shareholders by invoking its discretion to seek recoupment of an Incentive Remuneration Amount;

Clawback means the discretion conferred on the Compensation Committee to decide that the Vesting of an Award granted under this Plan or any other benefit conferred under this Plan or any other incentive plan is to be reduced, repaid or forfeited in the manner provided for in Rule 8;

Clawback means the reduction of elements of an individual’s compensation and/or the obligation to repay amounts to a Group Member by an individual in accordance with Rule 15 in such manner and for such amounts as the Committee determines to be appropriate;

Clawback means post sales clawback policies applied to manufacturers, requiring them to pass a part of their revenues in respect of a product to a national health service or other Governmental Authority.

Clawback means a clawback payable to the Commissioners under any pro- vision of the Principal Act;

Clawback means the recovery of any Commissions by a Mobile Network Operator and/or CPW;