Second Installment definition

Second Installment has the meaning set forth in Section 2(c)(iii).

Second Installment means the amount to be paid at the Second Installment Payment Date as determined by Section 2.02(d).

Second Installment means $50 million of the Xcel Contribution.

Examples of Second Installment in a sentence

• If for any reason no Sale of the Company relating to your employment occurs before January 1, 2001, you will not receive the Second Installment of the Executive Retention Bonus.

• In that event, if you satisfy the applicable additional eligibility criteria described below, you will receive the First Installment on or about January 15, 2000 (but in no event later than the date the Second Installment of the Executive Retention Bonus is due) in a lump sum payment.

• In order to receive the Second Installment of the Executive Retention Bonus, you must remain employed in your current position, or in one into which you are requested by the Company to transfer, during the Retention Period for the Second Installment.

• In that event, if you satisfy the applicable additional eligibility criteria described below, you will receive the Second Installment within five business days after the Sale of the Company relating to your employment in a lump sum payment.

• It ends for the Second Installment of the Executive Retention Bonus on the Sale of the Company relating to your employment or your earlier involuntary termination by the Company for reasons other than death, permanent disability or Cause (as defined below).

More Definitions of Second Installment

Second Installment has the meaning set forth in Section 9(c)(ii).

Second Installment shall have the meaning given in Section 2.02(a)(ii).

Second Installment shall have the meaning set forth in Section 1.4(a)(ii)a).

Second Installment has the meaning set forth in Section 7.1.

Second Installment. On the Transfer Date (a) if all of the conditions related to an NHL Team set forth in (b) of this subparagraph (ii) have not been satisfied by the Transfer Date, an additional amount supported by the Base Rent and a stabilized level of Arena Tax Revenues that will be based on projections of future tax revenue that take into account long term variables such as team performance and economic conditions in a manner that will be provided in the Umbrella Agreement and Transaction Documents, up to $120145 million (less the amount paid to ArenaCo in the First Installment, which will be comprised of funds (X) first paid to the SODO Transportation Infrastructure Fund, as provideddescribed in paragraphSection 11) less the amount paid to ArenaCo in the First Installment, in an amount up to $40 million to bring the balance in the SODO Transportation Infrastructure Fund (considering deposits of Arena Revenue Taxes and Key Arena Taxes) to a total of $40 million, and (Y) then paid to ArenaCo in an amount not to exceed a total of $120 million, or (b) if by the Transfer Date an NHL Team license agreement committing the NHL Team to play its home games in the Arena has been executed, together with a non-relocation agreement as described in paragraph 17 and any other necessary agreements with the City and the County related to the NHL Team, and the NHL has acknowledged the Arena LeaseUse Agreement and the non-relocation agreement and has approved locating the NHL Team in Seattle, an amount equal to $200 million, paid to ArenaCo as provided in paragraph 9, less the amount paid to ArenaCo in the First Installment., which will be comprised of funds (X) first paid to the SODO Transportation Infrastructure Fund in an amount up to $40 million to bring the balance of the SODO Transportation Infrastructure Fund (considering deposits of Arena Tax Revenue and Key Arena Taxes) to a total of $40 million, and (Y) then the balance paid to ArenaCo.

Second Installment as defined in Section 2.2.

Second Installment has the meaning specified in Section 4(b)(i).