Estate Payments Sample Clauses

Estate Payments. In the event of the death of a teacher who is entitled to retirement pay under this Article one hundred (100) percent of the benefit will be paid in the following order 1) to a designated beneficiary, 2) closest surviving relative(s) using a small estate affidavit, or 3) to the estate if use of a small estate affidavit is not possible.
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Estate Payments. Earned Vacation time shall be paid to estate of deceased employee at the per diem rate.
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Estate Payments. In the event of Executive’s death, any of the amounts set out in paragraphs (a), (b) and (d) of this Section shall be paid to the Executive’s estate.
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Estate Payments. If a worker dies, payout for any outstanding wages or earned leave credits (including vacation, CTO, ETO, and Article 17.8 - Severance Pay) will be made to the worker’s surviving spouse, or if none, to the worker’s estate.
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Related to Estate Payments

  • Late Payments If any undisputed amount in an invoice of the Transfer Agent (for fees or reimbursable expenses) is not paid when due, the Fund shall pay the Transfer Agent interest thereon (from the due date to the date of payment) at a per annum rate equal to one percent (1.0%) plus the Prime Rate (that is, the base rate on corporate loans posted by large domestic banks) published by The Wall Street Journal (or, in the event such rate is not so published, a reasonably equivalent published rate selected by the Fund) on the first day of publication during the month when such amount was due. Notwithstanding any other provision hereof, such interest rate shall be no greater than permitted under applicable provisions of Massachusetts law.

  • Separation Payments Following Executive’s separation from service with Company on or after his Vesting Date (as defined in Section 7), Company shall pay to Executive the sum of THIRTY-SEVEN THOUSAND THREE HUNDRED SIXTEEN and 74/100 Dollars ($37,316.74) per month, beginning six months and one week after Executive’s date of separation for a period of ten (10) years, or until Executive’s death, whichever first occurs (the “Separation Payments”). Such payments shall be subject to any and all applicable withholding, Social Security, employment, income and other taxes or assessments, if any, under the applicable tax law. If Executive should die during the ten-year period during which payments are being made under this Paragraph 3, then those payments shall terminate and future payments, if any, shall be made to Executive’s designated beneficiary(ies) or Executive’s estate in accordance with the provisions of Paragraph 4 of this Agreement.

  • Termination Payments In the event of termination of the Executive’s employment during the Employment Period, all compensation and benefits set forth in this Agreement shall terminate except as specifically provided in this Section 8.

  • Payments From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

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