Initial Contribution Date definition

Examples of Initial Contribution Date in a sentence

• If the Company pays a cash dividend on the Stock and the record date for such cash dividend occurs on or after the Initial Contribution Date and prior to the Trigger Date, then the Executive shall be entitled to a payment in cash, on a current basis, equal to the amount per share of Stock of such cash dividend multiplied by the number of Stock Units credited to the Executive’s Account, and not forfeited pursuant to Section 3 of this Agreement, as of the applicable record date for such cash dividend.

• The Transferor is the sole owner of the Intangible Transition Property being sold to the Seller on the Initial Contribution Date or Subsequent Contribution Date, as applicable; the Transferred Intangible Transition Property has been validly transferred and sold to the Seller free and clear of all Liens other than Liens contemplated hereby.

• On the date of the initial contribution of capital to the Company by the Members (the "Initial Contribution Date"), each Unit shall have a value determined on the applicable Valuation Date.

• As of the Initial Contribution Date, or as of any Subsequent Contribution Date, as applicable, the Transferor makes the following representations and warranties on which the Seller has relied and will rely in acquiring Environmental Control Property.

• The Benchmark Amount may be used by the Compensation Committee to calculate an appropriate adjustment to a Management Member's Carry Percentage, and/or the manner and timing of distributions to Management Members, to reflect the increase or decrease in the value of the Company between the Initial Contribution Date and the date of such award or as otherwise required by the Compensation Committee in its discretion.