Installment acceleration Sample Clauses

Installment acceleration. A Participant or Beneficiary receiving an Installment distribution may, at any time, elect to accelerate the payment of all, or any portion, of the Participant's unpaid Vested Account Balance.
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Installment acceleration. Effective as of the Effective Time, the Company agrees to irrevocably waive the prohibition of acceleration of Installment Amounts in Section 8(e) of the Notes solely in relation to the Installment Amount for the January 4, 2021 Installment Date to permit the Holder to accelerate such Installment Amount, in whole or in part, to one or more Acceleration Dates from December 24, 2020 through to, and including, the Trading Day immediately prior to January 4, 2021, with such dates and amounts, up to the Installment Amount, to be elected by the Holder pursuant to Section 8(e).

Related to Installment acceleration

  • Installment Payments Notwithstanding Section 3.01, the Executive may elect by written notice to receive any payments due to him hereunder by way of periodic or installment payments.

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