Compensation Rule definition

Compensation Rule means a rule pursuant to the Code, identified as such and providing for the Transporter or Transporters to pay an amount by way of compensation to Users;
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Compensation Rule. The Final Rule on Loan Originator Compensation, effective January 1, 2014, set forth in Regulation Z at 12 CFR §1026.36. •
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Compensation Rule means 12 C.F.R. § 1026, the related Official Staff Commentary and any other law governing Compensation to Table Funder, including any Loan Originator compensation rules whether promulgated under the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act or otherwise. Compensation has the meaning set forth in the Compensation Rule. Table Funder acknowledges and agrees that Compensation includes, without limitation, salaries, bonuses, commissions and any financial or similar incentive, including trips or prizes.
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Examples of Compensation Rule in a sentence

  • Where by reason of Force Majeure a Transporter is unable to comply in any case with any requirement by reference to which a Compensation Rule applies, the Transporter(s) shall not be treated as having failed to comply with such requirement in such case for the purposes of the Compensation Provision (and for the purposes of any relevant aggregate requirement) including whether the Transporter(s) have complied with the requirement in a given percentage of cases.


More Definitions of Compensation Rule

Compensation Rule means the rules amending Regulation Z regarding loan originator Compensation and anti- steering provisions, which is found at Section 1026.36 of Regulation Z, along with the Commentary thereto, together with such other statutes, rules and regulations imposing similar restrictions or having a similar effect.
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Related to Compensation Rule

  • Security Based Compensation Arrangement means a stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares to Directors, officers, Employees and/or service providers of the Corporation or any subsidiary of the Corporation, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Erroneously Awarded Compensation means, with respect to each Executive Officer in connection with an Accounting Restatement, the amount of Clawback Eligible Incentive Compensation that exceeds the amount of Incentive-based Compensation that otherwise would have been Received had it been determined based on the restated amounts, computed without regard to any taxes paid.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

  • Incentive-Based Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.