Compensation Payment Date definition

Compensation Payment Date means the date on which compensation, including cash retainer, meeting fees, and the Stock Retainer, is payable to a Director or compensation would otherwise be payable to a Director if an election to defer such compensation had not been made.
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Compensation Payment Date means, with respect to a Retainer Fee, the first business day of the month for which such monthly Retainer Fee or Meeting Fee is due and payable or such other date as may be designated by the Board or Committee from time to time as the payment date for Retainer Fees or Meeting Fees. If Unisys Common Stock is not traded on such date, the Compensation Payment Date shall be the next preceding trading day.
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Compensation Payment Date means the date on which Compensation for being a Director or Employee is payable to a Director or Employee, or Compensation which would otherwise be payable to a Director or Employee if an election to defer such Compensation had not been made.
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Examples of Compensation Payment Date in a sentence

  • TfL may verify such costs by exercising its audit powers pursuant to Clause 36 (Audit and Inspection) at any time prior to the Termination Compensation Payment Date.

  • Termination Compensation Payment Date is defined in Section 25.19(c).

  • If the Mortgage Manager sets the WAVR below the Variable Rate Floor, the Mortgage Manager is required to remediate such breach by paying to the Issuer an amount in cash (the "VR Compensation Amount") on the Interest Payment Date immediately following any Determination Date on which WAVR was below the Variable Rate Floor (a "VR Compensation Payment Date").

  • The Issuer shall not have any obligation to pay compensation on any Optional Compensation Payment Date if it does not electgen zu zahlen, wenn sie sich gegen eine solche Zahlung entschieden hat; eine Nichtzahlung aus diesem Grunde begründet keinen Verzug der Emittentin und keine son- stige Verletzung ihrer Verpflichtungen aufgrund dieser Wertpapiere oder für sonstige Zwecke.

  • VR = Unit Par Value or the respective balance of the Unit Par Value, as the case may be, plus the respective Compensation and other charges due and not paid until the date of the Early Redemption, calculated pro rata temporis since the First Subscription and Payment Date or of the respective last Compensation Payment Date, as the case may be, up to the date of the actual Early Redemption; and d = number of Business Days between the date of the actual Early Redemption and the respective Maturity Date.

  • Compensation which accrues during a period ending on (but excluding) a Compulsory Compensation Payment Date (as defined below) shall be payable on that Compul- sory Compensation Payment Date.

  • Areas of focus The focus of the CWG is to keep the constitution under review in order to ensure that the Constitution continues to meet its objectives.

  • The number of Stock Units to be credited to a Director's Account shall be the quotient of (a) divided by (b) where (a) equals the Deferred Compensation or Stock Unit Retainer Value, as applicable, and (b) equals the Fair Market Value on the Compensation Payment Date or Annual Stock Unit Award Date, as applicable.

  • Compensation which accrues during a period ending on (but excluding) an Optional Compensation Payment Date shall be payable on that Optional Compensation Pay- ment Date only if and to the extent the Issuer elects to make payment of such compensation and, in the case there is no such election, such compensation shall other- wise constitute Arrears of Compensation.

  • If the Issuer decides not to pay the full amount of Com- pensation on an Optional Compensation Payment Date, the Issuer shall notify the Securityholders in accordance with § 12 not less than 10 and not more than 15 Business Days prior to such Optional Compensation Payment Date.


More Definitions of Compensation Payment Date

Compensation Payment Date means, with respect
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Related to Compensation Payment Date

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • 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.

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

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

  • 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.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Termination Payments has the meaning specified in Section 10(a).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • 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.”

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Defaulted Swap Termination Payment Any Swap Termination Payment required to be paid by the Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement as a result of an Event of Default (as defined in the Interest Rate Swap Agreement) with respect to which the Swap Provider is the defaulting party or a Termination Event (as defined in the Interest Rate Swap Agreement) (other than Illegality or a Tax Event that is not a Tax Event Upon Merger (each as defined in the Interest Rate Swap Agreement )) with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.