Exit Payment definition

Exit Payment means the assets required to be paid by the exiting employer over such period of time as the administering authority considers reasonable, to meet the liabilities specified in paragraph (2);

Exit Payment means a payment of that description under regulation 64 (special circumstances where revised actuarial valuations and certificates must be obtained) or its equivalent under any of the Earlier Schemes;

Exit Payment means the amount determined by Citi in its absolute discretion and by whatever means Citi deems appropriate. Without limiting the foregoing, in determining the Exit Payment, Citi may adjust the Exit Payment for any costs, losses or expenses that it incurs in relation to the Early Maturity, including without limitation, Costs and Taxes, Break Costs, administrative costs, costs of unwinding any hedge put in place for the purposes of meeting its obligations under these Terms, and any cost of funding or any loss of bargain;

Examples of Exit Payment in a sentence

• Furthermore, it requires the Rates and Adjustments Certificate to be amended to show the Exit Payment due from the exiting employer or the Exit Credit due to the exiting employer.

• In these circumstances the Actuary, in consultation with the Fund, will determine if an Exit Payment or Exit Credit is required or if these funding variations should be addressed as part of future employer’s contributions relating to the newly merged entity.

• Burberry and the Licensee shall within fourteen (14) days of Burberry's notice being given pursuant to this clause 20.6 without reference or knowledge of the other party's selection, prepare a list of three investment banks that they would wish to determine the amount of the Exit Payment.

• The Expert will prepare a report which determines the Exit Payment by reference to the market value of the Licence Rights for the unexpired term of this Agreement within 45 days of its appointment, such report to be provided by the Expert to Burberry and the Licensee by no later than 30 June 2009, in the case of the First Exit Right, or 30 June 2011, in the case of the Second Exit Right.

• Payments in excess of this amount will be subject to Full Council approval and compliance with any waiver exemption rules issued in conjunction with the Public Sector Exit Payment Regulations (2016).

More Definitions of Exit Payment

Exit Payment means the amount as set out in the rates and adjustments certificate referred to in sub-paragraph (2)(b) required to be paid by the exiting employer over such period of time as the administering authority considers reasonable, to meet the liabilities specified in paragraph (2);

Exit Payment has the meaning given to it in Section 2.3(c).

Exit Payment a payment required by the Administering Authority in accordance with Regulation 64(2) of the 2013 Regulations.

Exit Payment means the “First Lien Exit Payments” (as defined in the Fee Letter).

Exit Payment means the amount of which shall immediately become due and payable by the Customer in case of earlier termination of this Agreement prior to the expiry of Lock-in period.

Exit Payment means an amount equal to the Entry Payment.

Exit Payment has the meaning assigned thereto in Section 4.6.