Benefit Calculation Date definition

Benefit Calculation Date means the earlier of:
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Benefit Calculation Date means the earlier of the Executive’s Termination Date or February 28, 2005.
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Benefit Calculation Date means the date as of which a benefit payable from this Plan is calculated and, unless otherwise explicitly provided, such date shall be:
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Examples of Benefit Calculation Date in a sentence

  • Once payments commence, the Plan shall provide the Participant with a one-time payment equal to the amount of missed payments between the Benefit Calculation Date and the actual Payment Date.

  • No later than ninety (90) days after the Benefit Calculation Date, in full and complete satisfaction of all amounts to which the Executive is entitled under this Agreement, CERBCO shall pay to the Executive the Actuarial Equivalent of the Executive’s Supplemental Benefit.

  • Any Excess Accumulated Contribution Benefit payable to one or more Beneficiaries under this subsection shall be paid in a single sum as of the Payment Date, which is the first day of the fourth calendar month following the Benefit Calculation Date.

  • Any Excess Accumulated Contribution Benefit payable to the Participant under this subsection shall be paid in a single sum as of the Payment Date, which is the first day of the second calendar month following the Benefit Calculation Date; provided, however, that in the case of a Specified Employee, the Payment Date shall in no event be earlier than the first day of the month coinciding with or next following the date that is six months after the Specified Employee’s Separation from Service.

  • Once payments commence, the Plan shall provide the Beneficiary with a one-time payment equal to the amount of missed payments between the Benefit Calculation Date and the actual Payment Date.

  • Notwithstanding anything to the contrary in the Plan, the amount of any additional Retirement Income payable to a Participant with respect to a new Payment Event shall be reduced by the Actuarially Equivalent lump sum present value of the Participant’s vested Retirement Income determined as of the Benefit Calculation Date for any prior Payment Event increased at the Interest Rate, so that the Participant shall not receive a duplication of benefits under the Plan.

  • Notwithstanding anything to the contrary in the Plan, the amount of any additional Retirement Income payable to a Participant with respect to a new Payment Event shall be reduced by the Actuarially Equivalent value of the Participant’s vested Retirement Income determined as of the Benefit Calculation Date for any prior Payment Event increased at the Interest Rate, so that the Participant shall not receive a duplication of benefits under the Plan.

  • If, as of the date that all benefit payments with respect to the Participant from the Retirement Plan cease (which shall be the Benefit Calculation Date for this purpose), clause (i) exceeds clause (ii), then such excess shall be distributed to the Participant’s Beneficiary.

  • If Xxxxxxx dies prior to the Benefit Calculation Date or prior to payment of the Pension Benefit Amount, the Pension Benefit Amount shall be paid as soon as administratively feasible after the date of Xxxxxxx’x death in a lump sum to his beneficiary as indicated on his designation of beneficiary form on file with SM&P.

  • If the Supplier cannot meet the deadline for billing in accordance with Paragraph 4 of this Article for reasons for which the Contractor is responsible, the maturity of the invoice shall be reduced by the number of days of delay by the Contractor.


More Definitions of Benefit Calculation Date

Benefit Calculation Date means the earliest to occur of (i) October 31, 2013, (ii) the date of Executive’s Qualifying Termination, and (iii) the date of a Change in Control.
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Benefit Calculation Date means the date as of which Retirement Income payable to a Participant or the Pre-Commencement Death Benefit payable to a Beneficiary is calculated and, unless otherwise explicitly provided, such date shall be:
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Benefit Calculation Date means January 1, 2012. For the avoidance of doubt, Executive shall not accrue additional Retirement Benefits on or after January 1, 2012.
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Benefit Calculation Date means the date as specified in the Policy Schedule.
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Benefit Calculation Date means the earliest to occur of (i) January 2, 2014, (ii) the date of Executive’s Qualifying Termination, and
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Related to Benefit Calculation Date

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Benchmark Determination Date means (a) if the Benchmark is LIBOR, the LIBOR Determination Date, (b) if the Benchmark is Term SOFR, the date that is two Business Days before the first day of the applicable Accrual Period, (c) if the Benchmark is Compounded SOFR, the date that is five Business Days before the last day of the applicable Accrual Period and (d) if the Benchmark is any other rate, the date determined by the Trust according to Section 2.16 of the Indenture.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Accounting Restatement Determination Date means the earliest to occur of: (a) the date the Board, a committee of the Board, or one or more of the officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement; and (b) the date a court, regulator, or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Determination Date With respect to any Distribution Date, the 15th day of the month of such Distribution Date or, if such 15th day is not a Business Day, the immediately preceding Business Day.

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Spread Determination Date means, for the reset rate notes, any time after the Notice Date but no later than 3:00 p.m., New York City time, on the third business day prior to the related reset date.

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Determination Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong, London and New York City;

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

  • Computation Date is defined in Section 2.04.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.