Example ContractsClausesAnnual Payments
Annual Payments
Annual Payments contract clause examples

Annual City Payments. For the one (1) year period that commences on August 1, 2019, and expires on July 31, 2020, and each consecutive one (1) year period thereafter during the Term (each an “Annual City Payment Period”), the Casino Operator shall pay an Annual City Payment (as defined below) to the City. The Casino Operator shall pay each Annual City Payment to the City in equal quarterly installments during the applicable Annual City Payment Period, and one (1) such quarterly installment shall be paid by the Casino Operator to the City on or before the first Day of August, November, February, and May of the applicable Annual City Payment Period. Each Annual City Payment paid by the Casino Operator to the City in accordance with this [Section 6.1(d)(iii)] - “Annual City Payments” shall be applied toward the City’s cost of providing support services resulting from the operation of the Casino.

Annual City Payment Period” has the meaning set forth in [Section 6.1(d)(iii)] - “Annual City Payments.” 2.8 “Annual Payments” has the meaning set forth in [Section 6.1(d)] - “Annual Payments.” 2.9 “Annual Supplemental Payment” has the meaning set forth in [Section 6.1(d)(i)] - “Annual Supplemental Payments.”

Annual Supplemental Payments. On or before October 1, 2019, and on or before October 1st of every year thereafter during the Term (but in no event after July 14, 2054), the Casino Operator shall pay the Annual Supplemental Payment (as defined below) to the State.

Annual Cash Incentive Payments. Any Cash Incentive that Executive is awarded or becomes entitled to receive pursuant to Section 4(b) of the Agreement will be paid during the calendar year immediately following the calendar year to which such Cash Incentive relates and will be paid to Executive as soon as administratively feasible following preparation of Ultra’s unaudited financial statements for the applicable calendar year.

Annual Cash Incentive Payments. Any Cash Incentive that Executive is awarded or becomes entitled to receive pursuant to Section 4(b) of the Agreement will be paid during the calendar year immediately following the calendar year to which such Cash Incentive relates and will be paid to Executive as soon as administratively feasible following preparation of Ultra’s unaudited financial statements for the applicable calendar year.

Annual Cash Incentive Payments. Any Cash Incentive that Executive is awarded or becomes entitled to receive pursuant to Section 3(b) of the Agreement will be paid during the calendar year immediately following the calendar year to which such Cash Incentive relates and will be paid to Executive as soon as administratively feasible following preparation of Ultra’s unaudited financial statements for the applicable calendar year.

Annual Payments. Subject to Bain’s rights in [Section 3.3(d)], if Company is materially in compliance with the Diligence Obligations and if Company has submitted its most recent Quarterly Report in accordance with [Section 3.1(c)], then, Bain shall pay Company the amounts set forth in this [Section 3.1(b)] (each or any of such payments, an “Annual Payment”, such payments, collectively, the “Annual Payments”).

Annual License Payments. On or before April 1, 2022, and on or before April 1st of every year thereafter during the Term, the Casino Operator shall pay the Gaming Board a license payment equal to Three Million and No/100 Dollars ($3,000,000.00) (each an “Annual License Payment”).

Clawback of Annual Bonus Payments. Annual Bonus Payments paid under the Plan shall be subject to reduction, cancellation, forfeiture or recoupment to the extent necessary to comply with # any clawback, forfeiture or other similar policy adopted by the Board of Directors of the Company (the “Board of Directors”) or the Committee and as in effect from time to time; and # applicable law. Further, to the extent that the Covered Individual receives any amount in excess of the amount that the Covered Individual should otherwise have received under the Plan for a fiscal year for any reason (including, without limitation, by reason of a financial restatement, mistake in calculations or other administrative error), the Covered Individual shall be required to repay any such excess amount to the Company as determined by the Committee.

Annual Payments. As partial consideration for the rights granted to the Casino Operator under this Casino Operating Contract, the Casino Operator hereby agrees to make the following payments (collectively, the “Annual Payments”), in accordance with, and subject to the terms and conditions of, this [Section 6.1(d)] - “Annual Payments:”

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