Fixed Payment Date definition

Fixed Payment Date is defined in Section 8.1.
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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;
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Fixed Payment Date shall have the meaning set forth in Section 2.02(b).
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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.

  • Any Fixed Payment Date may be delayed on a continual basis, to a later January 1 Fixed Payment Date, so long as any election to delay is made by the Participant at least twelve (12) months prior to the date on which the distribution is to be made (or commence) and such delay is at least five (5) full calendar years in length.

  • A Participant’s election (or deemed election) will continue to apply to subsequent Class Year Accounts until the first to occur of (i) the Participant makes a new election for a Class Year Account prior to the beginning of the Plan Year for which the Class Year Account is established, or (ii) the Participant reaches a Fixed Payment Date.

  • An Eligible Director’s Deferral election and/or Fixed Payment Date distribution election will become effective only if the forms required by the Committee have been properly completed and signed by the Eligible Director, timely delivered to the Committee, and accepted by the Committee.

  • A Fixed Payment Date elected by a Participant must be a March or a September of a specified calendar year which (1) can be no later than the calendar year in which the Participant attains age 75 and (2) can be no earlier than January 1 of the sixth calendar year after the Plan Year to which the Class Year Account relates.

  • For the avoidance of doubt, the amendments to the Note set forth herein shall have immediate effect as provided herein and, accordingly, the Fixed Payment Amount for October 31, 2014 (and each Fixed Payment Date thereafter) shall be $128,571 and the Holder Redemption Amount for any exercise of the Holder Redemption Right after the date hereof shall include the Make Whole Amount.

  • An Eligible Director’s Deferred Unit Account shall be distributed to an Eligible Director or an Eligible Director’s beneficiary in cash within 90 days of the earliest of: (i) the Fixed Payment Date elected by the Eligible Director in his or her deferral election form; (ii) the date on which the Eligible Director’s service as a Director terminates; or (iii) the date on which a Change of Control occurs.

  • 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.


More Definitions of Fixed Payment Date

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
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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.
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Related to Fixed Payment Date

  • Deferred Payment Date for a Participant means the date after the Restricted Period which is the earlier of (i) the date which the Participant has elected to defer receipt of Restricted Shares in accordance with Section 4.4 of this Restricted Share Plan; and (ii) the Participant’s Separation Date.

  • Specified Payment means any Permitted Acquisition or Permitted Investment, in each case, where such event is subject to satisfaction of the Payment Conditions or any component thereof, pursuant to the terms of this Agreement.

  • 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.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in December 2024.

  • 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 A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • 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 June 16, 2025 Payment Date.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2020.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2027.

  • 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 earlier of (a) the date occurring 90 days after the last day of each fiscal year of the Borrower (commencing with the fiscal year of the Borrower ending December 31, 2018) and (b) the third Business Day following the date on which financial statements with respect to such period are delivered pursuant to Section 5.01(c).

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Payment Date means the 15th day of each month, or, if any such date is not a Business Day, the next succeeding Business Day, commencing April 17, 2017.