Sentences with phrase «remain on a cash basis»

Not exact matches

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

I realize that they still face many great headwinds going forward but their distributions remain very safe based on current cash flow which is my main concern.

On Monday, Dufry, based in Basel, Switzerland, provided more details about the transaction, saying it would seek to acquire the remaining 49.9 percent of World Duty Free's outstanding shares for $ 10.25 a share in cash.

It recommended that the Estimates remain on a modified cash basis of accounting.

Another way of saying this is if there is a dollar left in the till, on a cash basis, the budget is balanced, no matter what future promises remain to be paid, with no assets to back up the promises.

A home equity line of credit gives you access to a sizable pool of cash, usually up to about 85 % of your home's value, less the balance remaining on your mortgage and adjusted based on your creditwortthiness and ability to pay.

Cash - back earnings remain the same — use your RBFCU Freedom Debit Card and earn 10 cents each time you use Apple Pay or your RBFCU CashBack Rewards Mastercard and earn cash - back rewards based on your total purchase pCash - back earnings remain the same — use your RBFCU Freedom Debit Card and earn 10 cents each time you use Apple Pay or your RBFCU CashBack Rewards Mastercard and earn cash - back rewards based on your total purchase pcash - back rewards based on your total purchase price

An overcontribution is not deductible from income in the current year, but the advantage lies in the fact that you can put additional cash into your RRSP where it can compound on a tax - deferred basis for as long as it remains in the plan.

Also, you are sure that the remaining cash you have with you is your own money and you can plan your further spending based on that.

Assuming the cash component (63.5 M) remains constant, we're now looking at a total distribution of 90 M (or EUR 0.935 per share) based on the current UTV share price.

Mileage credit will be earned based on the cash amount of the ticket purchased (base fare and carrier - imposed surcharges remaining and paid in currency after miles are applied to the ticket total).

As long as sufficient premium payments are made on a timely basis (exactly as illustrated), no unscheduled loans or partial withdrawals are taken, no increase in face amount or changes in death benefit options are made, and policy loan value does not exceed the policy's cash surrender value, the insurance coverage will remain in effect.

When it comes to the funds that are in the cash value portion of a permanent policy, as long as the money remains in the policy, the cash value is allowed to grow on a tax - deferred basis.

Once policy expenses and charges are paid, the remaining premium amount is moved to the cash value account where it is invested based on the policyholder's investment selections.

Premium amounts above and beyond the total policy charges and expenses are covered first, with the remaining amount deposited into the cash value account based on the policyholder's investment selections.

After cashing the check, Fred's remaining death benefit was $ 500,000, and he paid new premiums based on a $ 500,000 face value instead of the original $ 1 million face value.

The growth of cash value is generally on a tax - deferred basis, meaning that you pay no taxes on any earnings in the policy so long as the policy remains active.

A large proportion of India's population remains unbanked and they live on these smaller cash payments on a daily basis.

* Projected cash - on - cash distributions are based on the tenant remaining current on rental payments.