Annual Amount definition

Annual Amount means, as of a Valuation Date, an amount equal to up to one and one-quarter percent (1.25%) of the Company’s Initial Market Cap based on the level of achievement of Annual Absolute TRS and Annual Relative TRS as of such Valuation Date for the period commencing on (A) the Effective Date with respect to the First Valuation Date and (B) the prior Valuation Date with respect to the Second Valuation Date and the Final Valuation Date.

Annual Amount shall be calculated so that the present value of the fifteen (15) equal payments of the Annual Amount, when discounted at 7 percent (or such other percent as may be determined by the Board of Directors of Elco Industries, Inc., in its sole discretion) per annum, is equal to the balance of the Executive's Account as defined in Section 1.1 on the Retirement Payment Commencement Date.

Annual Amount means the lesser of 35% (1.4 x 25%) of the -------------- Participant's Allowable Compensation (as defined in Article 2) for such Limitation Year or $37,500 (125% of $30,000) (or such other amount as may be established for such Limitation Year under Code Section 415(d) for any Limitation Year).

Examples of Annual Amount in a sentence

• Effective July 1, 2013 the clothing allowance will be the following amounts for eligible employees: Category Annual Amount Formal & Variety $1338 SAT $862 Casual $569 Partial $391 All Unit members who wear non-uniform clothing to be placed in a category under this section.

• Vacation accrual shall be credited as follows for full-time employees: Length of University Service Hours Earned per 80 Hour Pay Period Annual Amount per 2080 hours Less than 6 months None None 6 months but less than 7 years 3.1 hours 80 hours 7 years but less than 13 years 4.6 hours 120 hours 13 years but less than 22 years 6.2 hours 160 hours 22 years or more 7.7 hours 200 hours Vacation will be earned on a prorated basis for part-time employees.

• A.1 Full-Time Faculty Salary Schedule Annual Amount (effective June 26, 2017) Note: This salary placement schedule starts at step 9 = $57,104 annually.

• For purposes of determining the Annual Amount on any September 15th, the number of admitted and enrolled master’s and doctoral students will be the number that were enrolled as cited in the Fall Fourth Week Data Report from the previous Fall.

• TxDOT covenants that it will submit a request in accordance with applicable law to obtain an appropriation from the Texas Legislature to fulfill its obligation to make advances under the Toll Equity Loan Commitment as provided in this Agreement, but not to exceed the Maximum Available Annual Amount for the Draw Periods included in the legislative request.

More Definitions of Annual Amount

Annual Amount means, as of a Valuation Date, an amount equal to up to one and one quarter percent (1.25%) of the Company’s Initial Market Cap based on the level of achievement of Annual Absolute TRS and Annual Relative TRS as of such Valuation Date for the period commencing on (A) the Effective Date with respect to the First Valuation Date and (B) the prior Valuation Date with respect to the Second Valuation Date and the Final Valuation Date.

Annual Amount means One Dollar and Twenty-five Cents ($1.25) per annum, increased at the beginning of each calendar year during the term by one and one-half percent (1.5%) over the previous amount.

Annual Amount means, as of a Valuation Date, the Annual TRS as of such Valuation Date not to exceed an amount equal to one and one-quarter percent (1.25%) of the Company’s Initial Market Cap for the period commencing on (A) the Commencement Date with respect to the First Valuation Date and (B) the prior Valuation Date with respect to the Second Valuation Date and the Final Valuation Date.

Annual Amount means, with respect to each Holder, for any Fiscal Year, the sum, for all Investment Vehicles in which the Holder has a Percentage Interest, of the following: (a) for every Hedge Fund in which such Holder has a Percentage Interest, the product of (i) either (x) if an Existing Hedge Fund, the Promote for such Hedge Fund that is attributable to Existing Hedge Fund AUM for such Fiscal Year, or (y) if not an Existing Hedge Fund, the NOR for such Hedge Fund that is attributable to New Hedge Fund AUM for such Fiscal Year, and (ii) such Holder's Percentage Interest in such Hedge Fund for such Fiscal Year; (b) for every PE Fund in which such Holder has a Percentage Interest, the product of (i) the NOR for such PE Fund for such Fiscal Year, and (ii) such Holder's Percentage Interest in such PE Fund for such Fiscal Year; and (c) for every Castle in which such Holder has a Percentage Interest, the product of (i) either (x) if the Castle raised capital on or prior to January 1, 2012, the excess, if any, of the NOR for such Castle for such Fiscal Year, over the NOR for such Castle for the 2011 Fiscal Year, or (y) if the Castle first raised capital after January 1, 2012, the NOR for such Castle for such Fiscal Year, and (ii) such Holder's Percentage Interest in such Castle for such Fiscal Year; provided, however, that if such Holder's employment with Fortress terminated during such Fiscal Year without Cause or due to death or Disability, then the amount specified in the foregoing clause (b) shall not be included in the computation of the Annual Amount for such Fiscal Year. If the Commencement Date for any Holder's Percentage Interest in any Investment Vehicle is after January 1 in any Fiscal Year, then the Annual Amount attributable to such Investment Vehicle for such Fiscal Year will be prorated for the remaining portion of such Fiscal Year on the basis of a 360-day year. Annual Amounts shall be determined in accordance with the Plan.

Annual Amount is defined in § 2.5 and is comprised of the Customer’s total annual Reclaimed Water use estimate, as adjusted.

Annual Amount. , in relation to a pension, means the amount of the annual pension to which the member would be entitled under this Section of the Scheme apart from this regulation, together with any increases payable under the Pensions (Increase) Act 1971(4), calculated as at the time payment would first be due;

Annual Amount. The annual amount payable as calculated under clause 17.4 and notified by the NCLST to the Participating Police Forces on an annual basis in accordance with clause 17;