Additional Consideration

Example Definitions of "Additional Consideration"
Additional Consideration. An amount equal to the aggregate accrued but unpaid ---- Priority Return Consideration for each such Preferred Unit (the "Additional Consideration" and together with the Preferred Unit Consideration, the "Consideration").
Additional Consideration. Means an amount, which shall not be less than zero, equal to (i) $15,000,000, minus (ii) the aggregate amount of all carrier override fees (excluding any amount reimbursed for Insurance Taxes (as defined in the Management Agreement) and any premium retained by the Delegating Carriers (as defined in the Management Agreement)) actually paid to and retained by AmTrust North America Inc. ("ANA"), the Insurance Carriers, a Delegating Carrier or an AmTrust Intercompany Reinsurer (as defined below)... prior to the Closing Date (as defined below) pursuant to a General Agency Agreement (as defined in the Management Agreement). The provision for Additional Consideration in the event that the carrier override fees as determined herein is not intended to limit the amount of carrier override fees paid to and retained by the ANA, the Insurance Carriers, a Delegating Carrier or an AmTrust Intercompany Reinsurer to the extent that amount is greater than $15,000,000. View More Arrow
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