Commencement of Payment. Unless specifically authorized by JWB, payment shall not be made for services rendered prior to the effective date of this Agreement.
Commencement of Payment. Benefits payable to eligible survivors shall commence on the first day of the month following the date of the participant's death.
Commencement of Payment. The Transition Payment is payable after the Separation Agreement is effective, but no later than sixty (60) days following the Termination Date; notwithstanding the foregoing to the contrary, where Executive’s Termination Date occurs after November 1 of a calendar year, assuming the Company receives a fully executed Separation Agreement within sixty (60) days following the Termination Date, the Transition Payment shall be made as soon as practicable after the beginning of the next following calendar year, but in no event later than March 15 of such calendar year.
Commencement of Payment. The first payment of the Severance Benefit is payable after the Separation Agreement is effective, but no later than sixty (60) days following the Termination Date; notwithstanding the foregoing to the contrary, where Executive’s Termination Date occurs after November 1 of a calendar year, assuming the Company receives a fully executed Separation Agreement within sixty (60) days following the Termination Date, the first payment shall be made as soon as practicable after the beginning of the next following calendar year, but in no event later than March 15 of such calendar year.
Commencement of Payment. Buyer’s obligation to pay Seller, pursuant to this Article V, shall begin on the first day of the Term per Article 2.1
Commencement of Payment. Unless specifically authorized by CSCMC, payment for services rendered under this Contract shall not commence prior to its effective date, which is the date of Contract execution.
Commencement of Payment. (a) Except as otherwise provided in this Article or in Article VI relating to Post-Secondary Education Subaccounts, the distribution of the Member’s Account shall commence as soon as practicable after the Valuation Date coincident with or next following the occurrence of (i), (ii), (iii) or (iv) below, as elected by the Member on his initial Deferral Agreement:
(i) the Member’s termination of employment with the Bank,
(ii) any stated date, as long as, on that date, the Member has attained age 50 but not age 70%
(iii) the earlier of (i) or (ii) above, or
(iv) the later of (i) or (ii) above. In the event a Member elects either (ii) or (iii) above, he may not elect a date less than three (3) years subsequent to the date he makes the election. In the event a Member fails to make an election under this paragraph (a), he shall deemed to have elected to have payment made in accordance with subparagraph (i) above. In addition, an Eligible Executive who is a Member on December 31, 1996 shall be deemed to have elected payment made in accordance with subparagraph (i) above.
(b) In lieu of a distribution as described in paragraph (a) above, a Member may elect on his initial Deferred Agreement that payment of his Account commence as soon as practicable following the January 1 coincident with or next following the date the Member incurs the distributable event elected by the Member under paragraph (a) above.
(c) A Member may change his designation of the event which entitles him to distribution of his entire Account provided that such election shall not be effective until the January 1 of the second calendar year following the calendar year in which such election is received by the Committee and provided payment would not otherwise be made prior to the effective date.
Commencement of Payment. Authority will pay Company in accordance with the pricing as agreed upon on an executed Work Plan by Company and Authority.
A. Development Fees from the Authority to Company
Commencement of Payment. Except as may otherwise be elected by Employee pursuant to subparagraph (d) below, payment of Employee’s Supplemental Retirement Benefit shall be paid by the Bank commencing (i) on the first day of the seventh month following Employee’s termination of employment with the Bank or (ii) on the first day of the first month following his attaining age sixty-five (65) if that is the distributable event.
Commencement of Payment. Payroll deduction of such annual fair share fees will commence on the first pay date which occurs on or after January 15 annually. In the case of unit employees newly hired after the beginning of the school year, the payroll deduction will commence on the first pay date on or after the later of: (1) sixty (60) days employment in a bargaining unit position which will be the required probationary period or (2) January 15.
