Basic Payments. The “Basic Payments” include any “payments in the nature of compensation” (as defined in Section 280G of the Code and the regulations adopted thereunder), made pursuant to this Agreement or otherwise, to you or for your benefit, the receipt of which is contingent on a Change in Control and to which Section 280G of the Code applies.
Basic Payments means an amount equal to the aggregate of the Executive’s (i) earned but unpaid Base Salary; (ii) unpaid business expense reimbursement; and (iii) an amount payable for accrued but unused vacation days;
Basic Payments means an amount equal to the aggregate of:
Examples of Basic Payments in a sentence
All Basic Payments and Additional Charges and all other payments required of the Borrower under this Loan Agreement shall be paid without notice or demand (except as provided in Section 4.03) and without setoff, counterclaim, or defense for any reason and without abatement or deduction or defense (except for a defense based on prepayment pursuant to Section 8.02).
More Definitions of Basic Payments
Basic Payments means an amount equal to the aggregate of (i) earned but unpaid Base Salary, (ii) earned but unpaid bonuses, if any, calculated, in the case of the fiscal year during which termination of employment occurs, on a per diem basis from the first day of such fiscal year to the date of termination, (iii) unpaid business expense reimbursement, (iv) the amount payable for unused vacation days, as provided for in the Corporation's vacation policy, and (v) the value for income tax purposes of other benefits to which the Executive is entitled;
Basic Payments means the payments made by the City under this Refunding Support Agreement as set forth in Section 4.1(a), which such payments are equal to eleven and six tenths percent (11.6%) of the payments of principal and interest due on the Refunding Bond.
Basic Payments means the payments payable by the County under the Financing Agreement which is equal to the amount of principal and interest due on the Bonds on the principal and interest payment dates.
Basic Payments shall have the meaning set forth in Section 3.1 hereof.
Basic Payments means the payments denominated as such in Section 5.01 hereof. "Board" means the governing body of the Borrower.
Basic Payments include any “payments in the nature of compensation” (as defined in Section 280G of the Code and the regulations adopted thereunder), made pursuant to this Agreement or otherwise, to or for Executive’s benefit, the receipt of which is contingent on a Change of Control and to which Section 280G of the Code applies.
Basic Payments has the meaning ascribed thereto in the Employment Agreements.