Estate Payment definition

Estate Payment means a Cash payment in an amount equal to
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Examples of Estate Payment in a sentence

  • Copies of the computations, statement of current and future assessments outstanding and Real Estate Payment Request (RE1630) are submitted to the Bureau of Technical Services-Real Estate (BTS-RE)/Finance for payment to the local treasurer.

  • Pursuant to the ELT Property Transfer Agreement, on the Effective Date, (a) ELT shall acquire the Environmental Remediation Property and assume responsibility for environmental remediation of the Environmental Remediation Property on the terms set forth in the ELT Property Transfer Agreement, and (b) the ChemicaInvest Parties shall pay (i) to the Environmental Remediation Trust the Remediation Payment, (ii) the Insurance Payment, and (iii) to the Debtors the Estate Payment.

  • Section 56.4 Payment to an Estate Payment of all unused sick and vacation leave shall be paid to the estate of a deceased employee in the same amounts and manner as specified in Sections 56.1 and 56.2 above.

  • As an example, based upon the example assumptions shown in Exhibit I, the VEBA Contingent Real Estate Payment would be $2,973,300.

  • The "PBGC Contingent Real Estate Payment" shall ----------- mean 15.31% of the excess of the net after-tax proceeds received by Kaiser from the Bulk Real Estate Transaction (net of all commissions, closing costs, investment banking fees, Mill Site environmental remediation liabilities not assumed by the buyer, and income taxes at the rate of 28%) above $8,073,064 as reflected in the "Asset Valuation" contained in Exhibit I hereto.

  • Purchaser shall use all commercially reasonable efforts to sell, transfer or dispose of to an unaffiliated third party all of the Seller Real Estate and the CHP Real Estate no later than the Final Real Estate Payment Calculation Date.

  • The dendrogram drawn by agglomerative hierarchical clustering (AHC) of a total of 6 type of rooibos and honeybush (CIELab)Rys.

  • The PBGC --------- Contingent Real Estate Payment shall be determined by utilizing the "Contingent Real Estate Payment" model contained in Exhibit I and shall be calculated by modifying those assumptions for the actual amounts in the Bulk Real Estate Transaction.

  • Kaiser will make the PBGC Contingent Real ----------------- Estate Payment within 10 business days following the closing and the receipt of funds from the Bulk Real Estate Transaction.

  • Real Property Buyer shall deliver to JLG immediately available funds in an amount equal to the Real Estate Payment in the manner set forth in Section 1.05.

Related to Estate Payment

  • Late Payment means any amount that is due and payable by law under a written procurement contract, without deferral, delay, or set-off under COMAR 21.02.07.03, and remains unpaid more than 45 days after an agency receives a Proper Invoice.

  • Aggregate Payments means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Late Payment Interest means and refer to interest on a particular Late Payment at the Default Rate.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • 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.

  • PRE-PAYMENT The Tenant shall: (check one)

  • 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 –

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

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

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

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

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

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

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Option Payment shall have the meaning set forth in Section 3.4.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Gross-Up Payment shall have the meaning set forth in Section 6.2 hereof.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Damage Payment means the dollar amount equal to the amount initially posted as Project Development Security pursuant to Section 8.4(a).

  • 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.