Payment Commencement. The installment payments to be made to the Executive or Executive's estate, as the case may be, under Subsections (d)(1) or (d)(2), shall commence on the first day of the calendar quarter following the Termination Date. The installment payments to be made to the designated beneficiary upon the death of Executive shall commence on a date to be selected by Company but within six (6) months from Executive's date of death.
Payment Commencement. Unless paid on a specified date described herein, or subject to delayed commencement as described below, payments under Section 9 shall commence 60 days after the Executive’s termination, but as to payments that otherwise would have been paid prior to the 60th day after termination, such amounts shall be paid in a lump sum on such 60th day.
Payment Commencement. The (installment) payment(s) to be made to the Employee under paragraphs 5.a.. and 5.b. above shall commence on the next business day of the calendar year following the date of the termination of his employment. The (installment) payment (s) to be made to the designated beneficary under the provisions of this paragraph 5 shall continue to be made on the same payment schedule as if the Employee had survived.
Payment Commencement. The installment payments to be made to C.E.O. under paragraph 2(a) and 2(c) shall commence on the first day of the calendar year following the date of termination of his employment. The installment payments to be made to C.E.O. under paragraph 2(b) shall commence on the first day of the month following the date on which C.E.O. shall have reached the age of 65. The installment payments to be made to the designated beneficiary under the provisions o this paragraph 2 shall commence on a date to be selected by the Board of Directors of Bank but within six months from C.E.O.'s date of death.
3. NO TRUST Nothing contained in this agreement and no action taken pursuant to the provisions of this agreement shall create or be construed to create a trust of any Idnd, or a fiduciary relationship between Bank and C.E.O., his designated beneficiary or any other person.
4. NO ASSIGNMENT, The right of C.E.O. or any other person to the payment of deferred compensation or other benefits under this payment of deferred compensation or other benefits under this agreement shall not be assigned, transferred, pledged, or encumbered except by Will or by the laws of descent and distribution.
Payment Commencement. (a) Subject to and in accordance with this Project Agreement, the Ministry shall pay Project Co the Monthly Service Payments calculated as being due to Project Co in respect of each Payment Period following the Substantial Completion Payment Commencement Date in accordance with Schedule 18 - Payment Mechanism.
(b) Project Co shall not be entitled to any Monthly Service Payments for any period prior to the Substantial Completion Payment Commencement Date.
Payment Commencement. The payments shall be made to the Employee or his designated beneficiary under this Paragraph 5 and shall commence on the first day of the calendar year following the termination of the Employee's employment.
Payment Commencement. (a) Subject to and in accordance with this Agreement, the Province will pay to the Operator the Periodic Payments calculated as being due to the Operator in respect of each Month, with the first Periodic Payment being due on the 30th Day following the issuance of an invoice for a completed Month of Operations following the Completion Date, in accordance with the Payment Mechanism, subject to any payment adjustments made pursuant to this Agreement.
(b) The Operator will not be entitled to any Periodic Payments for any period prior to the Completion Date or the Scheduled Completion Date.
(c) The Province will make such other payments as may be required pursuant to this Agreement.
Payment Commencement. Payments for streaming begin only when a LiveTube stream has Stream Status Indicators:
Payment Commencement. Date means a date, determined by the Employer, at which Preserved Entitlement Employees will cease receiving payments in respect of annual leave loading under provisions incorporated in Section 4 of this Agreement and will become entitled to an Annual Payment under this clause 14. It is currently anticipated this date will be in or about May 2013;
Payment Commencement. First payment due
