Alternative Equivalent Option Sample Clauses

Alternative Equivalent Option. Milestone #2 if successful a. If the additional incentive funding allocation for zero-emission equipment contracted under Milestone #2 are purchased/ordered, SDAPCD may seek a recommendation from the AB 617 Community Steering Committee(s) to allocate additional funding to support further acquisition of zero emission CHE projects if the MOU term is extended or subject to a future MOU if one is adopted.
View SourceView Similar (4)
Alternative Equivalent Option. Milestone #2 if not successful a. If Milestone #2 is not fulfilled, SDAPCD and the Port District agree to the following order of events: i. Assess challenges and/or barriers to executing contracts for the additional incentive funding and propose modifications to the incentive program to distribute funding successfully. ii. Reallocate funding to other project categories that have been identified within the MOU Schedules which may include but are not limited to zero emission heavy-duty trucks, zero emission supporting infrastructure, and/or other “shovel-ready” projects consistent with the MCAS and CERP. iii. If the above is not feasible, jointly pursue allocating remaining funding to projects that have not been identified in this MOU that may require more work/analysis to implement. Examples of such projects include but are not limited to: (1) allocating additional funding for projects “off Tidelands” in adherence with the Port District Maritime Industrial Impact Funding (“MIIF”) Board policy requirements or as directed by the Board of Port Commissioners, and (2) Implementing possible sustainable freight strategies that may improve freight efficiencies and reduce emissions throughout the Port. iv. Determine alternative community investment opportunities with the Portside CSC. v. If the above is still not feasible, refer to MOU Section II.g.
View SourceView Similar (3)
Alternative Equivalent Option. Milestone #1 if not successful a. If Milestone #1 is not fulfilled, SDAPCD and the Port District agree to the following sequential order of events: i. Assess challenges and/or barriers to executing contracts totaling $3 million and propose modifications to the incentive program to distribute funding successfully. ii. Reallocate funding to other project categories that have been identified within the MOU Schedules which may include but are not limited to zero emission heavy-duty trucks, zero emission supporting infrastructure, and/or other “shovel-ready” projects consistent with the MCAS and CERP. iii. If the above is not feasible, jointly pursue allocating remaining funding to projects that have not been identified in this MOU that may require more work/analysis to implement. Examples of such projects include but are not limited to: (1) allocating additional funding for projects “off Tidelands” in adherence with the Port District Maritime Industrial Impact Funding (“MIIF”) Board policy requirements or as directed by the Board of Port Commissioners,
View Source
Alternative Equivalent Option. Milestone #1 if successful a. If the $4 million allocation of zero-emission equipment contracted under Milestone #1 is purchased/ordered, SDAPCD may seek a recommendation from the AB 617 Community Steering Committee(s) to allocate additional funding to support further acquisition of zero emission MHD/HHD trucks.
View Source

Related to Alternative Equivalent Option

  • Dividend Equivalent Units On the date that the Company pays a cash dividend to holders of Stock generally, the Participant shall be credited with a number of additional whole Dividend Equivalent Units determined by dividing (a) the product of (i) the dollar amount of the cash dividend paid per share of Stock on such date and (ii) the total number of Restricted Stock Units and Dividend Equivalent Units previously credited to the Participant pursuant to the Award and which have not been settled or forfeited pursuant to the Company Reacquisition Right (as defined below) as of such date, by (b) the Fair Market Value per share of Stock on such date. Any resulting fractional Dividend Equivalent Unit shall be rounded to the nearest whole number. Such additional Dividend Equivalent Units shall be subject to the same terms and conditions and shall be settled or forfeited in the same manner and at the same time as the Restricted Stock Units originally subject to the Award with respect to which they have been credited.

  • Dividend Equivalent Rights In the event that the Company declares and pays a dividend in respect of its outstanding shares of Stock and, on the record date for such dividend, you hold Restricted Stock Units granted pursuant to this Agreement that have not been settled, the Company shall create a bookkeeping account that will track, (a) to the extent the dividend paid to stockholders generally was a cash dividend, the cash value you would have been entitled to receive as if you had been the holder of record of the number of shares of Stock related to the Restricted Stock Units that have not been settled as of the record date, or (b) to the extent the dividend paid to stockholders generally was paid in the form of property, the property you would have been entitled to receive as if you had been the holder of record of the number of shares of Stock related to the Restricted Stock Units that have not been settled as of the record date. All DER amounts credited to your bookkeeping account pursuant to this Section 3, if any, shall be deemed converted into shares of Stock on the date that the Restricted Stock Units vest (based on the Fair Market Value (as such term is defined in the Management Stockholder’s Agreement) of Stock on such date and rounded down to the nearest whole share of Stock) and paid to you in the form of additional shares of Stock on the date that the underlying Restricted Stock Units associated with such DER amounts are settled pursuant to Section 5 below. In the event that the Restricted Stock Units are forfeited to the Company without settlement to you, you will also forfeit any associated DER amounts. No interest will be payable with respect to DER amounts credited to your bookkeeping account, if any, that represent cash dividends. Property, if any, deemed credited to DER bookkeeping accounts representing dividends paid in property will be deemed invested in such property until the DER amounts are deemed converted to shares of Stock pursuant to this Section 3. The bookkeeping accounts, if any, created to track DER amounts are phantom accounts and the Company is under no obligation to set aside cash or property with respect to any DER amounts. Valuations made pursuant to this Section 3 (including any valuation of property deemed credited to a bookkeeping account) will be made by the Committee, or its designee, in its sole discretion and such valuation will be final and binding.

  • Dividend Equivalent Payments Until your RSUs convert to Shares, if MSCI pays a dividend on Shares, you will be entitled to a dividend equivalent payment in the same amount as the dividend you would have received if you held Shares for your vested and unvested RSUs immediately prior to the record date. No dividend equivalents will be paid to you with respect to any canceled or forfeited RSUs. MSCI will decide on the form of payment and may pay dividend equivalents in Shares, in cash or in a combination thereof, unless otherwise provided in Exhibit C. MSCI will pay the dividend equivalent when it pays the corresponding dividend on its common stock or on the next regularly scheduled payroll date. The gross amount of any dividend equivalents paid to you with respect to RSUs that do not vest and convert to Shares shall be subject to potential recoupment or payback (such recoupment or payback of dividend equivalents, the “Clawback”) following the cancellation or forfeiture of the underlying RSUs. You consent to the Company’s implementation and enforcement of the Clawback and expressly agree that MSCI may take such actions as are necessary to effectuate the Clawback consistent with applicable law. If, within a reasonable period, you do not tender repayment of the dividend equivalents in response to demand for repayment, MSCI may seek a court order against you or take any other actions as are necessary to effectuate the Clawback.

  • Investment Options You may direct the investment of your funds within this IRA into any investment instrument offered by or through the Custodian. The Custodian will not exercise any investment discretion regarding your IRA, as this is solely your responsibility. There are certain fees and charges connected with your IRA investments. These fees and charges may include the following. • Sales Commissions • Set Up Fees • Investment Management Fees • Annual Maintenance Fees • Distribution Fees • Surrender or Termination Fees To find out what fees apply, refer to the investment prospectus or contract. There may be certain fees and charges connected with the IRA itself. (Select and complete as applicable.) Annual Custodial Service Fee* $ No Charge Overnight Distribution $ 16.50 Wire Fee $ 12.50 Transfer Out Fee $ The greater of $100.00 or $25.00 per position Other (Explain) We reserve the right to change any of the above fees after notice to you, as provided in your IRA agreement. *The annual custodial fee will be borne by your Investment Advisor.

  • Grant Amount The maximum amount payable by the State under this Grant Agreement shall not exceed $<INSERT AMOUNT>.