Additional Payment Period definition

Additional Payment Period has the meaning given in Section 3.3.1.
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Additional Payment Period means, as to any Indemnitee, the period from and at all times after the earliest date (but not before January 1, 1991) as of which more than the then current Inclusion Rate of the interest on such Indemnitee's Note (or interest therein) is included in such Indemnitee's Federal Gross Income as a result of one or more Gross-Up Events until the earlier of (a) the latest date as of which no more than the current Inclusion Rate of the interest on such Indemnitee's Note (or interest therein) is included in such Indemnitee's Federal Gross Income and (b) payment in full of such Indemnitee's Note, together with accrued interest and premium (including Market Premium), if any, thereon.
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Additional Payment Period means, as to any Indemnitee, the period from and at all times after the earliest date as of which more than the then current Inclusion Rate of the interest on such Indemnitee's Note (or interest therein) is included in such Indemnitee's Federal Gross Income as a result of one or more Gross-Up Events until the earlier of (i) the latest date as of which the then current Inclusion Rate or less of the interest on such Indemnitee's Note (or interest thereon) is included in such Indemnitee's Federal Gross Income and (ii) payment in full of such Indemnitee's Note, together with accrued interest and premium (including Market Premium), if any, thereon.
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Examples of Additional Payment Period in a sentence

  • MP shall only be entitled to one Additional Payment Period hereunder; In the event that MP requires more than one Additional Payment Period, AOL shall have the right to immediately terminate this Agreement in addition to any other remedies it may possess hereunder.

  • In addition, during the Additional Payment Period, the Company shall be obligated to continue the benefits set forth in Section IV herein.

  • Notwithstanding the delivery of a Disability Notice to the Executive, the Company shall continue to pay the Executive his normal monthly compensation as set forth hereinabove, for a period of six (6) months following delivery of the Liability Notice (the "Additional Payment Period"), provided however, that any income received by the "disabled" Executive during the Employment Period from any disability insurance provided to such Executive by the Company shall reduce the Company's obligations hereunder.

  • If during any Additional Payment Period set forth below, Purchaser generates NEWCO EBITDA in an amount equal to or greater than the NEWCO EBITDA target set forth below opposite such Additional Payment Period, Seller shall be entitled to an Additional Payment on the thirtieth (30) day following the expiration of such Additional Payment Period.

  • Notwithstanding the foregoing, after such time as AOL shall have received the payments required pursuant to Section 4.1.1 (iii) hereof, if the remaining amounts owed pursuant to Section 4.1 are not paid within [XXXXXXX] business days of the date when such amounts are due and payable, then MP shall have an additional [XXXXXXX] days within which to make such payment (the "Additional Payment Period").

  • For clarity, upon expiration of the Additional Payment Period as provided in Section 3.9.4 below, Licensee shall no longer be obligated to pay the Gross-Up Amount or Special Payments, but, to the extent this Agreement remains in effect, shall still be required to continue paying the Base Payments to TSRI.

  • Following the Closing for a time period equal to at least the one-year anniversary of the Additional Payment Period, the Parent and the Stockholders shall cause the corporate legal status of the Parent to be maintained in good standing with the State of Delaware and in each foreign jurisdiction, if any, where registration or qualification is required by Law.

  • The end date for the Additional Payment Period, as stated in Section 3.3 of the Asset Purchase Agreement, is hereby replaced with April 30, 2008.

  • Notwithstanding the foregoing, after such time as AOL shall have received the payments required pursuant to Section 4.1.1 (iii) hereof, if the remaining amounts owed pursuant to Section 4.1 are not paid within five (5) business days of the date when such amounts are due and payable, then MP shall have an additional five (5) days within which to make such payment (the "Additional Payment Period").

  • The payment dates for the Additional Payments under Section 3.4(a) shall be thirty (30) days after the end of each Additional Payment Period (each an “Additional Payment Date”).


More Definitions of Additional Payment Period

Additional Payment Period shall have the meaning set forth in Exhibit F, Section (b).
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Additional Payment Period has the meaning set forth in ‎Section 2.06(a)(ii).
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Additional Payment Period means the period beginning upon the date Licensee, an Affiliate or Sublicensee, as applicable, institutes or makes a Challenge, and ending upon (i) the conclusion of the Challenge if no Valid Claims remain in the country(ies) in which such Challenge was made or (ii) the termination or expiration of this entire Agreement, pursuant to the provisions of this Agreement, if at least one (1) of the claims within the Licensed Patent Rights remains a Valid Claim in the country(ies) in which such Challenge was made, provided that, notwithstanding anything to the contrary, nothing in Section 3.9 shall in any event be construed to require payment of any Additional Payments, Special Payments, or Gross-Up Amounts (or other amounts under Section 3 or Section 4) with respect to sales, revenue, or other activities or achievements in a particular country with respect to a particular Licensed Product following the expiration of this Agreement (and the royalty obligations hereunder) solely with respect to such Licensed Product in such country under Sections 3.8 and 12.1.
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Additional Payment Period means as to any Indemnitee, the period from the earliest date as of which more than fifty percent (50%) of the interest on such Indemnitee's ESOP Term Note is included in such Indemnitee's Federal Gross Income as a result of one or more Gross-Up Events or, in the event that a Gross-Up Event occurs as a result of a change in the Code, the effective date of such change, until payment in full of such Indemnitee's ESOP Term Note, together with accrued interest thereon.
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Additional Payment Period means each of *** and the Sales Earnout Period.
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Related to Additional Payment Period

  • Non-Payment Period means a period commencing on and including a Dividend Payment Date or redemption date for which the Trust shall fail to (i) declare, prior to the close of business on the second Business Day preceding such Dividend Payment Date, for payment on or (to the extent permitted by Section 11.2(c)(i) of these Bylaws) within three Business Days after such Dividend Payment Date to the Holders as of 12:00 noon, New York City time, on the Business Day preceding such Dividend Payment Date, the full amount of any dividend on APS payable on such Dividend Payment Date, provided, however, that if the Trust is not able to make such declaration in compliance with the foregoing because an unforeseen event or unforeseen events causes or cause a day that otherwise would have been a Business Day not to be a Business Day, then the Trust may make such declaration on the Business Day immediately preceding the Dividend Payment Date, if possible, or, if not possible, on the Dividend Payment Date, and in such case the Trust shall not be deemed to have failed to declare a dividend otherwise required to be declared, or (ii) deposit, irrevocably in trust, in same-day funds, with the Auction Agent by 12:00 noon, New York City time, (A) on such Dividend Payment Date the full amount of any cash dividend on such shares payable (if declared) on such Dividend Payment Date or (B) on any such redemption date for any shares of APS called for redemption, the Mandatory Redemption Price per share of such APS or, in the case of an optional redemption, the Optional Redemption Price per share, and ending on and including the Business Day on which, by 12:00 noon, New York City time, all unpaid cash dividends and unpaid redemption prices shall have been so deposited or shall have otherwise been made available to Holders in same-day funds; provided that, a Non-Payment Period shall not end unless the Trust shall have given at least five days’ but no more than 30 days’ written notice of such deposit or availability to the Auction Agent, all Existing Holders (at their addresses appearing in the Share Books) and the Securities Depository. Notwithstanding the foregoing, the failure by the Trust to deposit funds as provided for by clauses (ii)(A) or (ii)(B) above within three Business Days after any Dividend Payment Date or redemption date, as the case may be, in each case to the extent contemplated by Section 11.2(c)(i) of these Bylaws, shall not constitute a “Non-Payment Period.”

  • Additional Payment is as defined in Section 6 of the Agreement.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Payment Period means the three months following each Collection Quarter.

  • Expected Final Payment Date means, with respect to each Series or, if applicable, each Class of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Series or Class in accordance with the Expected Amortization Schedule, as specified in the Series Supplement therefor.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Extended Interest Payment Period shall have the meaning set forth in Section 4.1.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2009-VFN Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.