Completion Payment. The Purchaser must pay the Completion Payment and ensure that the Completion Payment is received by the Seller, prior to the Delivery Date of the Aircraft.
Completion Payment. Subject to the conditions set out in this clause, an Employee may qualify for the payment of the completion payment of $20.00 per day. To qualify for the completion payment, an Employee must be ready, willing and available to work as directed for those hours that they are normally required to work by the Company, including, in case of Employees who are not engaged on shift work, regular rostered overtime.
(i) Completion payment shall accrue during the Employee’s employment on the Project and is payable when the Employee terminates or is terminated from the Project.
(ii) Completion payment accrues during any day an Employee is:
(a) carrying out normal work;
(b) on paid leave;
(c) on rostered days off;
(d) on workers’ compensation for a maximum of two weeks.
(iii) Completion payment does not accrue for the day during any period of:
(a) unpaid leave;
(b) unauthorised leave;
(c) other unauthorised absence.
(iv) An Employee forfeits completion payment that may accrue in any day in which the Employee engages in any form of industrial action.
Completion Payment. At Completion, the Purchaser must pay by cash or bank cheque the Completion Payment less the amount of the Deposit paid under clause 5.1 (plus or minus any other net adjustment amount due under this agreement) to the Vendor or as the Vendor or the Vendor’s Solicitor may direct by notice in writing on account of the Purchase Price.
Completion Payment. Subject to the terms and conditions set forth herein, you will receive a Completion Payment in the amount of $2,325,000 (the “Completion Payment”), (with such deductions for tax purposes as may be required pursuant to Section 5 hereof), subject to the Company’s receipt of your countersignature on this Amendment. Except as set forth in the next sentence, you agree that in the event your employment with the Company terminates for any reason (a “Termination”) before the Completion Date, you will be required to repay to the Company within ten (10) days of such termination 100% of the After-Tax Value of the Completion Payment. Notwithstanding the foregoing, in the event the Company terminates your employment for any reason other than Cause or your employment terminates due to your death or Disability, in each case, before the Completion Date (a “Qualifying Termination”) and you execute and do not revoke a customary release of claims in a form reasonably satisfactory to the Company, you will not be required to repay to the Company any portion of the Completion Payment.
Completion Payment. 3.2.1 On Completion, the Purchaser shall pay to the Notary Account the sum of:
(a) the Base Purchase Price minus the Leakage Amount; plus
(b) the Shareholder Loans Nominal Value, (the “Completion Amount”).
3.2.2 The payment referred to in Clause 3.2.1 shall be made without any set-off or counterclaim and in addition will be free and clear of, and without any deduction of withholding for or on account of, any tax or other deductions of any nature.
Completion Payment. For all aircraft, a Completion Payment is due on the date of Buyer’s acceptance of Completion Services on each aircraft. (If Buyer does not make itself available for presentation and acceptance of the Utility Helicopter, the Completion Payment shall be due within ten (10) days following receipt by Buyer of written notification that the Utility Helicopter is ready for presentation and acceptance.) Such Completion Payment shall include all amounts due on each aircraft, to include the Completion Payment per Table 1 and any other adjustments made by amendment applicable to the aircraft. The Completion Payment may be in the form of a combination of cash via wire transfer, as well as title to one previously-owned Sikorsky-manufactured helicopter as provided under Section XI.
Completion Payment. Notwithstanding anything in the Collaboration Agreement or U.S. Amendment to the contrary, the Parties agree that at least thirty (30) days prior to January 1, 2014 (the “U.S. Completion Date”), WC shall pay S-A a definitive lump-sum equal to one hundred twenty-five million U.S. dollars (US$125,000,000), in consideration for WC’s full satisfaction of its obligations with respect to the global reimbursement payment as it relates to Net Outside Sales of the Product in the WC Exclusive Territory for Contract Year 2014 (the “U.S. Completion Payment”). As a result of the foregoing, Schedule 11(B) of the Collaboration Agreement is of no force or effect with respect to the WC Exclusive Territory with regard to Contract Year 2014.
Completion Payment. The Purchaser shall ensure that an amount equal to the sum of the Estimated Purchase Price (together the Completion Payment) is received on the Notary’s third party account in accordance with the Notary Letter with value on the Completion Date under reference “Project Vermeer” by no later than 10h00 CET on the Completion Date. The amount paid into the Notary’s third party account pursuant this clause 4.2 shall be paid out in accordance with the Notary Letter.
Completion Payment. Executive shall be entitled to a completion payment in an amount to be determined by the Board of Directors of the Company in its sole discretion, but not to exceed $25,000, at the date Executive’s employment is terminated by the Company.
Completion Payment. On the Completion Date, the Consideration shall be paid to the Seller’s Solicitors on behalf of the Sellers in the proportions set opposite each Seller’s name in column 4 of Schedule 3 (the “Completion Payment”).
