Payout Amount

Payout Amount. Representing all amounts owing in connection with the Pay-Out Obligations as of 4:00 p.m. (New York City time) on April 9, 2010, including any and all amounts of principal, interest to date, fees, penalties, if any, costs of counsel and indemnity amounts (all as set forth in detail on Schedule 2 hereto) (but, for the avoidance of doubt, excluding any Unasserted Obligations, including possible breakage costs which may be invoiced at a later date (the "Excluded Breakage Costs") and expense... reimbursement and contingent indemnity obligations which by the terms of the Existing Credit Agreement or any other Loan Document expressly survive), to Administrative Agent. View More

Payout Amount. Shall mean the termination payment paid to the Executive in the amount of the annual base salary currently in effect in conjunction with termination of the Prior Employment Agreement.

Payout Amount. An amount equal to the "Unpaid Amount" corresponding to the Vesting Date (each as set forth on Annex A to this Note) immediately preceding the date of the Qualifying Termination or Event of Default (as applicable) (provided, that, with respect to an Event of Default, such amount will also include any Default Amounts), plus accrued interest on such amount from such Vesting Date to the payment date, payable at a rate of 3% per annum computed on the basis of a 365 day year and paid for the actual... number of days elapsed (including the first day but excluding the last day) View More