Fixed Payment Date definition

Fixed Payment Date is defined in Section 8.1.
Fixed Payment Date means in relation to an Award, a specific date falling after its anticipated Vesting Date but before the expiry of three months following such Vesting Date;
Fixed Payment Date shall have the meaning set forth in Section 2.02(b).

Examples of Fixed Payment Date in a sentence

  • Such Fixed Payment Date may not be accelerated, except as provided in the remaining Sections of this Article.

  • If permitted by the Employer in the Agreement, any Fixed Payment Date may be delayed, to a later Fixed Payment Date, so long as any election to delay the date is made by the Participant at least twelve (12) months prior to the date on which the distribution is to be made and such delay is at least five (5) full calendar years in length.

  • In the case of distributions to the Participant by virtue of an entitlement due to the election of a Fixed Payment Date, the applicable vested portion of the Participant’s Compensation Deferral Account shall be paid in a lump sum as soon as administratively practicable after such date.

  • UDI Index Level… In respect of any Fixed Payment Date or the Final ExchangeDate (the “Relevant Date”), the “Unidad de Inversión” (“UDI”), expressed as the number of MXN per one UDI, determined by Banco de Mexico (the “Central Bank of Mexico”) as applicable to the Relevant Date, as published in the “Diario Oficial de la Federación”.

  • The loan made by the Standby Financer in respect of a Fixed Payment Date shall be evidenced by a promissory note in an aggregate principal amount equal to the amount of funds lent by the Standby Financer in respect of such Fixed Payment Date substantially in the form of Exhibit A to this Agreement that shall be delivered by the Company to the Standby Financer upon delivery of such funds by the Standby Financer to the Company.

  • Any Fixed Payment Date may be extended on a continual basis, to a later Fixed Payment Date, so long as any election to so extend the date is made by the Participant at least twelve (12) months prior to the date on which the distribution is to be made and such extension is at least five (5) full calendar years in length.

  • By way of example, an Eligible Employee who enrolls as a Participant in the Plan in October 2005 and who elects to defer Compensation to be earned during 2006 may elect at that time as his or her initial Fixed Payment Date any date which is no earlier than January 1, 2009, in which case the selected portion of the Participant’s vested Plan Account as of December 31, 2008 (including his or her 2006, 2007 and 2008 Compensation Deferrals, and any earnings thereon) shall be paid on January 1, 2009.

  • An Eligible Director who timely makes a deferral election but fails to elect a Fixed Payment Date distribution election before the required date will be treated as not having elected a Fixed Payment Date distribution for the Compensation to be deferred for the subsequent calendar year and such Compensation shall be paid on the earlier of the date on which the Eligible Director’s service as a director terminates or the date on which a Change of Control occurs in accordance with Section 5.

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  • Alternatively, the Participant may elect to receive payment of all or any portion of his or her vested Account on the January 1 after a Change in Control or upon the earlier of, or later of, a Fixed Payment Date or the January 1 after a Change in Control.


More Definitions of Fixed Payment Date

Fixed Payment Date means the fixed date(s) set forth in the Eligible Director’s deferral election form; provided, however, that in all instances such fixed date(s) shall be at least two years following the last day of the calendar year for which the Compensation is deferred pursuant to the applicable deferral election form.
Fixed Payment Date. Rate Payer Payment Date shall be one Business Day prior to each Fixed Rate Payer Period End Date. Fixed Rate: 5.01000% Fixed Rate Day 30/360 Count Fraction: FLOATING AMOUNTS: Floating Rate Payer: Bear Xxxxxxx Floating Rate Payer The 25th calendar day of each month during the Period End Dates: Term of this Transaction, commencing July 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Early Payment shall be applicable. The Floating Payment Dates: Rate Payer Payment Date shall be one Business Day prior to each Floating Rate Payer Period End Date. Floating Rate for initial To be determined. Calculation Period: Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Spread: None Floating Rate Day Actual/360 Count Fraction: Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable

Related to Fixed Payment Date

  • 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.

  • Specified Payment means any Permitted Acquisition, Investment, loan, advance, incurrence of or payment with respect to Indebtedness or other transaction made subject to satisfaction of the Payment Conditions or any component thereof.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Delayed Payment Interest Rate means the national average annual rate of interest payable on jumbo six-month bank certificates of deposit, as quoted in the business section of the most recently published Sunday edition of The New York Times preceding the Executive’s separation from service.

  • Index Related Payment Date means, in relation to any Indexand an IndexDetermination Date, any payment date under the Preference Shares for which the amount payable is calculated by reference to the Indexas determined on such IndexDetermination Date;

  • Class C Final Scheduled Payment Date means the Payment Date occurring in August 2022.

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

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Class E Final Scheduled Payment Date means the Payment Date occurring in June 2023.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in May 2023.

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Class A-4 Final Scheduled Payment Date means the Payment Date in February 2024.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2028.

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

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

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

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • Postponed Fixed Interest Date means the tenth Business Day following the originally scheduled Fixed Interest Date;

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

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).