Cash Option definition
Cash Option has the meaning set forth in Section 2.08(a).
Cash Option means the manner in which the "Top Prize" or "Second Prize" may be paid upon the winner's request in one single cash payment as an alternative to the "Annuitized Payment Option." "Lump Sum Cash Payment" shall mean the manner in which the "Top Prize" or "Second Prize" is required to be paid in one single cash payment when the liability limit is exceeded and no "Annuitized Payment Option" is available, as set forth in this rule.
Cash Option means you pay for the Unit and its installation on the Effective Date and thereafter pay a monthly Service fee;
Examples of Cash Option in a sentence
Option B $400 per month Cash Option Delta Dental 75/75/75 w/$1,500 maximum, VSP 3, and $50,000 Term Life Insurance.
Permanent Intermittent (PI) employees may only participate in the Pre-Tax Premium and/or the Cash Option for medical and/or dental insurance.
More Definitions of Cash Option
Cash Option. The Board shall provide a cash option in lieu of health benefits. The amount of the cash option shall be $250 per month in an adopted, qualified plan which complies with Section 125 of the Internal Revenue Code. The monthly amount will increase to three hundred dollars ($300) if the number of employees not enrolling in health insurance increases to 30 or above. The number of employees not taking health insurance will be calculated once a year on January 1.
Cash Option shall have the meaning given in Section 4.2(a)(iii).
Cash Option means a provision in any Contract which provides for the application of interest payments theretofore made by the related Obligor against the Outstanding Principal Balance of the related Receivable if such Obligor shall pay the Outstanding Principal Balance (less the interest to be so credited) on or prior to the end of the related Cash Option Period.
Cash Option means that the manner in which the Jackpot Prize shall be paid is an initial cash payment followed shortly thereafter by a lump sum cash payment for the remaining portion of the Jackpot Prize. Refer to Section H.4.b (“Prize Structure”).
Cash Option means the alternative available to Participating Shareholders under the Arrangement to elect to receive $35.00 in cash for each Common Share held, subject to pro ration;
Cash Option means that the manner in which the Top Prize and Second Level Prize shall be paid in a lump sum single cash payment. Refer to Section H (“Prize Structure”).
Cash Option means $15.60;