Common use of No Acceleration of Payments Clause in Contracts

No Acceleration of Payments. The Parties, neither individually or in combination, may accelerate any payment or benefit that is subject to Code Section 409A, except in compliance with Code Section 409A and the provisions of this Agreement, and no amount that is subject to Code Section 409A shall be paid prior to the earliest date on which it may be paid without violating Code Section 409A.

Appears in 7 contracts

Samples: Sub Management Agreement (Javelin Mortgage Investment Corp.), Sub Management Agreement (Armour Residential REIT, Inc.), Sub Management Agreement (Javelin Mortgage Investment Corp.)

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No Acceleration of Payments. The Parties, neither individually or in combination, may accelerate any payment or benefit that is subject to Code Section 409A, except in compliance with Code Section 409A and the provisions of this Agreement, and no amount that is subject to Code Section 409A shall be paid prior to the earliest date on which it may be paid without violating Code Section 409A.409A. (d)

Appears in 2 contracts

Samples: Sub Management Agreement, Sub Management Agreement

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