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

  • Deferrals means the amount of the Director’s Compensation that the Director elects to defer according to this Agreement.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • 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.

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

  • 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.