Minimum Guarantee Amount definition

Minimum Guarantee Amount means, in respect of each Calendar Quarter, an amount to be agreed between the parties, having regard to industry standards after the final pricing for the Product is established. NON-DEFAULTING PARTY means a party who is not a Defaulting Party.
View Source
Minimum Guarantee Amount means $100.0 million.
View Source
Minimum Guarantee Amount means for each calendar month during the term of this Agreement, that amount which shall be calculated for each group of Vessels set forth in Schedule D attached hereto and incorporated herein by reference, and shall equal the product of: (a) the Minimum Guarantee Amounts set forth in Schedule D, per Revenue Passenger Days for any group of Vessels set forth in Schedule D, multiplied by the actual aggregate number of Revenue Passenger Days for such group of Vessels for any given calendar month.
View Source

Examples of Minimum Guarantee Amount in a sentence

  • For the sake of clarity, in the event that the aggregate revenue share and other payments are equal to or exceed the Minimum Guarantee Amount, no additional payment will be due.

  • In the event that such actual aggregate revenue share payments are less than the Minimum Guarantee Amount, the Operator will pay to the Institution such difference within ten (10) Business Days thereafter.

  • The rule in this clause 16 applies if the moneys paid by ADVC to ACT would but for clause 8.4.1, be less then the Minimum Guarantee Amount for two successive Calendar Quarters.

  • Notwithstanding anything to the contrary stated herein, the Retiring Party is hereby released from any obligation to LMM for the payment of any Minimum Guarantee Amount under the Trademark License Agreement.

  • Subject to Section 3(c) below, in the event that such actual aggregate revenue share payments are less than the Minimum Guarantee Amount, then Operator will pay to the University such difference within ten (10) business days thereafter.

  • The Rule of 85 Early Retirement Guarantee shall be calculated by applying the applicable early retirement factors from the Participant’s Legacy Plan to the Participant’s Rule of 85 Minimum Guarantee Amount.

  • Rule of 85 Participants (as defined below) who would have been eligible under the terms of their Legacy Plan for early retirement on December 31, 2006, or date of termination if earlier, and who receive or commence to receive their benefits prior to the Participant’s Normal Retirement Date, may elect, during the applicable election period provided in Section 6.5 of the Plan, an annuity commencing before the Participant’s Normal Retirement Date on their Rule of 85 Minimum Guarantee Amount.

  • This is the “Rule of 85 Minimum Guarantee Amount.” At the time a Rule of 85 Participant commences benefits, the Rule of 85 Minimum Guarantee Amount shall be compared to the amounts the Participant has accrued under the Plan, including the Settlement Amount.

  • Upon the later of the Effective Date or the date a Rule of 85 Participant commences benefits, the Rule of 85 Participants shall be entitled to the Rule of 85 Minimum Guarantee Amount.

  • The Settlement Amount, Rule of 85 Minimum Guarantee Amount and Rule of 85 Early Retirement Guarantee shall be subject to all terms and conditions of the Plan and the Settlement Plan Amendment including, but not limited to, Article 6 of the Plan, governing Payment and Optional Forms of Benefit and Article 8, governing Administration of the Plan.


More Definitions of Minimum Guarantee Amount

Minimum Guarantee Amount means an amount equal to $525,000.00 in year one. Each subsequent year the Minimum Guarantee Amount shall increase by 3% from the previous year’s Minimum Guarantee Amount for each year of the Term; provided, however, that
View Source
Minimum Guarantee Amount means an amount equal to $525,000.00 in year one. Each subsequent year the Minimum Guarantee Amount shall increase by 3% from the previous year’s Minimum Guarantee Amount for each year of the Term; provided, however, that (a) for each such year of the Term in which the Institution’s football team wins the College Football Playoff, the Minimum Guarantee Amount for that year shall be increased by $________________; (b) for each such year of the Term in which the Institution’s men’s basketball team wins the National Collegiate Athletic Association (the “NCAA”) national basketball championship, the Minimum Guarantee Amount for that year shall be increased by $________________; and (c) for each such year of the Term in which the Institution’s football team wins the SEC football championship, the Minimum Guarantee Amount for that year shall be increased by $________________.
View Source
Minimum Guarantee Amount means for each calendar month during the term of this Agreement, that amount which shall be calculated for each group of Vessels set forth in Schedule D attached hereto and incorporated herein by reference, and shall equal the product of: (a) the Minimum Guarantee Amounts set forth in Schedule D, per Revenue Passenger Days for any group of Vessels set forth in Schedule D, multiplied by the actual aggregate number of Revenue Passenger Days for such group of Vessels for any given calendar month. (C) "Revenue Passenger" shall mean any person listed on each Vessel passenger manifest, excluding children under two (2) years of age, NCL employees on business and contractors. "Operating Day" is defined as any day that the Vessel is in service with the passengers onboard. "Revenue Passenger Day" shall mean the product of Revenue Passenger multiplied by Operating Day for any given Vessel.
View Source
Minimum Guarantee Amount means _____________________ ($_______) for the first Contract Year, _____________________ ($________) for the second Contract Year, and _____________________ ($________) for the third Contract Year; and (iii) “Net Merchandise Revenue” means the amount equal to all cash consideration from the sale of Memorabilia through the Auctions at the Events during the applicable period pursuant to this Agreement, less all taxes, shipping and handling charges, customer discounts, payment tender processing fees, wrapping and other value-added service charges, cancellations, returns and chargebacks.”
View Source
Minimum Guarantee Amount means $100.0 million. ​ ​ ​
View Source

Related to Minimum Guarantee Amount

  • Guarantee Amount means the maximum amount payable under a guarantee which amount shall be specifically set forth in writing at the time the guarantee is entered into by the authority.

  • Maximum Guaranteed Amount means as of the date of determination with respect to a Guarantor, the lesser of (a) the amount of the Guaranteed Obligations outstanding on such date and (b) the maximum amount that would not render such Guarantor’s liability under this Guaranty Agreement subject to avoidance under Section 548 of the United States Bankruptcy Code (or any successor provision) or any comparable provision of applicable state law.

  • Guarantee Fee means the amount payable by the Issuer to the Guarantor LP on or before each Guarantor LP Payment Date pursuant to the terms of the Trust Deed, which amount shall be determined by applying the Guarantee Fee Rate to the aggregate Outstanding Principal Amount of Covered Bonds on each Guarantor LP Calculation Date, multiplying the result of that calculation by the actual number of days in the Guarantor LP Calculation Period ending on such Guarantor LP Calculation Date divided by 365 days and rounding the resultant figure to the nearest ▇▇▇▇▇ (half a ▇▇▇▇▇ being rounded upwards);

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Guarantee Period /’Maintenance Period’ shall mean the period during which the Contractor shall remain liable for repair or replacement of any defective part of the works performed under the contract.