Acceleration Election definition

Acceleration Election means a written election on a form provided by the Committee, pursuant to which a Deceased Grantee’s Successor-in-Interest or a Disabled Grantee elects to accelerate the distribution date of Shares issuable with respect to Restricted Stock and/or Restricted Stock Units.
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Acceleration Election means a written election on a form provided by the Committee, filed with the Committee in accordance with Paragraphs 8(d)(ii) or 8(d)(iii), pursuant to which a Deceased Grantee’s Successor-in-Interest or a Disabled Grantee elects to accelerate the distribution date of Shares issuable with respect to Restricted Stock and/or Restricted Stock Units.
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Acceleration Election means a written election on a form provided by the Committee, pursuant to which a Deceased participant’s Successor-in-Interest or a Disabled participant elects to accelerate the distribution date of shares issuable with respect to Restricted Stock Units.
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Examples of Acceleration Election in a sentence

  • Each Deferred Stock Unit will represent a hypothetical Share credited to the Account in lieu of delivery of the Shares to which an Initial Election, Subsequent Election or Acceleration Election applies.

  • Grantee’s right to delivery of Shares subject to an Initial Election, Subsequent Election or Acceleration Election, or to amounts deemed invested in the Income Fund pursuant to a Diversification Election, shall at all times represent the general obligation of the Company.

  • Notwithstanding the foregoing, as long as the Abatement Condition is satisfied, if Tenant fails to deliver notice to Landlord exercising the Tenant Base Rent Abatement Acceleration Election for a particular month of the Lease Term, then Tenant shall be deemed to have elected to exercise the Tenant Base Rent Abatement Acceleration Election for such month without the requirement of providing notice to Landlord.

  • In the event the Participant does not make an Acceleration Election, such Gross-Up Payment(s) shall be made concurrent with the payment of any retirement benefit under the Plan which is treated as a Change of Control Payment.

  • Grantee's right to delivery of Shares subject to an Initial Election, Subsequent Election or Acceleration Election, or to amounts deemed invested in the Income Fund pursuant to a Diversification Election, shall at all times represent the general obligation of the Company.

  • If the Company determines that no amount is payable with respect to the CVRs to the holders thereof on the Maturity Date, the Change of Control Date (if an Acceleration Election shall have been made by the Investor with respect thereto) or the Default Payment Date (as defined in Section 3.01), as the case may be, the Company shall give written notice of such determination to the Investor.

  • In the event at any time Tenant files for bankruptcy, the immediately preceding sentence shall, without the need of notice or any other action on the part of Landlord, be deemed inapplicable and without effect and Landlord shall be free to make any such claim under applicable bankruptcy law as Landlord sees fit, in particular, without limitation, the limit on Landlord’s Acceleration Election set forth in the immediately preceding sentence shall not apply.

  • If, however, the Stockholders’ Committee does not make a Qualified Sale Acceleration Election within ten (10) calendar days following its receipt of a Qualified Sale Acceleration Statement, then the obligations of Parent under this Section 3.02 shall continue thereafter in full force and effect in accordance with their terms.

  • Notwithstanding the foregoing, as long as the Abatement Condition is satisfied, if Tenant fails to deliver notice to Landlord exercising the Tenant Second Phase Rent Abatement Acceleration Election for a particular month of the Lease Term, then Tenant shall be deemed to have elected to exercise the Tenant Second Phase Rent Abatement Acceleration Election for such month without the requirement of providing notice to Landlord.

  • In the event that Seller elects to receive the Accelerated Earnout Amount, the Acceleration Election Notice shall also be deemed an Earnout Notice for purposes of this Article 8, and FAT Brands shall pay such amount in the same manner as set forth in Section 8.5 with respect to Cash Earnout Payments, promptly following such election.


More Definitions of Acceleration Election

Acceleration Election means a written election on a form provided by the Committee, pursuant to which a Deceased Grantee’s Successor-in-
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Acceleration Election means an election by APT, in its sole discretion, by written notice delivered by APT to Nokia on or before * * * to both (a) purchase an additional * * * worth of equipment and services from Nokia pursuant to Paragraph 2.2 of the Purchase Agreement and (b) sell the Rule 144A Notes with respect to Tranche B between * * * in an aggregate principal amount determined pursuant to clause (e) of the definition of Rule 144A Notes with respect to Tranche B.
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Acceleration Election means a written election on a form provided by the Committee, filed with the Committee in accordance with Paragraphs 8(d)
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Acceleration Election shall have the meaning set forth in Section 2.08(a).
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Related to Acceleration Election

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Payment Election means an election pursuant to Section 5.1.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Extension Election has the meaning set forth in Section 2.16(c).

  • Early Opt-in Election means the occurrence of:

  • Special election means an election held as authorized by Section 20A-1-203.

  • Investment Election means an election, made in such form as the Administrative Committee may direct, pursuant to which a Participant may elect the Investment Funds in which the amounts credited to his Account will be deemed to be invested.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Primary election means any regular primary election held under the election

  • Deferral Period has the meaning set forth in Section 3(h) hereof.

  • Election Date has the meaning specified in Section 312(h).

  • Deferral means the amount or amounts of a Participant’s Compensation deferred under the provisions of Section 3.

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

  • Scheduled Distribution means, with respect to any Collateral Loan, for each Due Date, the scheduled payment of principal and/or interest and/or fees due on such Due Date with respect to such Collateral Loan, determined in accordance with the assumptions specified in Section 1.3.

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Local special election means a special election called by the governing body of a

  • Election cycle means the period beginning on the first day persons are eligible to

  • Qualified Election means a Participant's waiver of a Qualified Joint and Survivor Annuity or a Qualified Pre-Retirement Survivor Annuity. Any such waiver must be consented to in writing by the Participant's Spouse. The Spouse's consent must: designate a specific Beneficiary (including any class of Beneficiaries or any contingent Beneficiaries, which may not be changed without spousal consent) or expressly permits designations by the Participant without any further spousal consent; acknowledge the effect of the election; and be witnessed by a member of the Committee or a Notary Public. Additionally, a Participant's waiver of the Qualified Joint and Survivor Annuity shall not be effective unless the election designates a form of benefit payment which may not be changed without spousal consent (or the Spouse expressly permits designations by the Participant without any further spousal consent). Notwithstanding this consent requirement, if the Participant establishes to the satisfaction of a member of the Committee that there is no Spouse or the Spouse cannot be located, a waiver will be deemed a Qualified Election. Any spousal consent (or deemed spousal consent) obtained under this provision will be valid only with respect to such Spouse. A consent that permits designations by the Participant without further consent by such Spouse must acknowledge that the Spouse has the right to limit consent to a specific Beneficiary and, where applicable, a specific form of benefit, and that the Spouse voluntarily elects to relinquish either or both of such rights. A revocation of a prior waiver may be made by a Participant without the consent of the Spouse at any time before the commencement of benefits. The number of revocations shall not be limited. No consent obtained under this provision shall be valid unless the Participant has received notice as provided in paragraph (b) below.

  • Retirement Eligibility means Employee’s attainment of 60 years of age and ten years of continuous employment with Corporation.

  • Deferral Notice has the meaning set forth in Section 3(h) hereof.