Interim Payment Period definition

Interim Payment Period means, at any time that interest on or principal of any Senior Obligations or Pari Passu Obligations is scheduled to be paid on an Interim Payment Date, the period commencing on the immediately preceding Payment Date and ending on such Interim Payment Date.
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Interim Payment Period means, at any time that interest on or principal of any Senior Obligation or Junior Obligation is scheduled to be paid on an Interim Payment Date, any period from (and including) the immediately preceding Payment Date to (but excluding) such Interim Payment Date.
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Interim Payment Period means the period beginning on the date that a Group Member enters into a binding obligation to make an Acquisition or commence a Capital Improvement or Capital Replacement and ending on the earlier to occur of the date that such Acquisition, Capital Improvement or Capital Replacement Commences Commercial Service and the date that the Group Member abandons or disposes of such Acquisition, Capital Improvement or Capital Replacement.
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Examples of Interim Payment Period in a sentence

  • The Applicant is responsible for ensuring that all litter and waste is carried out of the Reserve and disposed of appropriately.

  • After the end of each Bonus Period or, to the extent that Interim Payments will be made, after the end of each Interim Payment Period, the Committee in its sole discretion shall determine the amount of the Actual Award or Interim Payment for each Participant.

  • Subject to Section 2.3, payment of each Actual Award or Interim Payment shall be made as soon as administratively practicable, but in no event later than two and one-half months after the end of the applicable Bonus Period or Interim Payment Period, as the case may be.

  • If a Participant dies before receiving an Actual Award or Interim Payment (determined under Section 2.3) that was scheduled to be paid before his or her death for a prior Bonus Period or Interim Payment Period, then the Actual Award or Interim Payment shall be paid to the Participant’s designated beneficiary or, if no beneficiary has been designated, to the administrator or representative of his or her estate.

  • The Buyer shall be entitled to reject any invoice which does not comply with this condition 11 and/or (as appropriate) condition 12 (Interim Payment Certificates), which will result in payment (and the commencement of the Payment Period or the Interim Payment Period (as appropriate)) being delayed.

  • Good grief—I’ve never met the woman, but she follows me everywhere.For pinned on her shoulders, tied to her sorry reputation, and sealed with all the force of hardened cement, remain our percep- tions of the woman who was first deceived.

  • If any Senior Obligations, Subordinate Lien Obligations or Other Obligations require the payment of principal or interest on any Interim Payment Date after the Debt Service Payment Commencement Date, the Borrower shall promptly notify the Servicer (if any) and the TIFIA Lender thereof in writing, identifying the period covered by such Interim Payment Period and the Interim Payment Date.

  • Following the Interim Term and any Extended Interim Payment Period (as defined below), if any, eligibility for an Annual Bonus under the Employment Agreement (if any) shall be pro-rated for any partial year of service in the EVP Role (and shall be determined without regard to any compensation paid pursuant to this Side Letter).

  • If any Senior Obligations, Pari Passu Obligations, or Subordinated Obligations require the payment of principal or interest on any Interim Payment Date after the Debt Service Payment Commencement Date, the Borrower shall promptly notify the Servicer (if any) and the TIFIA Lender thereof in writing, identifying the period covered by such Interim Payment Period and the Interim Payment Date.

  • An employee who withdraws from the Plan may not re-enter the Plan during that Payment Period (or Interim Payment Period).


More Definitions of Interim Payment Period

Interim Payment Period means a period shorter than and within the Bonus Period for which an Interim Payment may be made.
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Interim Payment Period means, at any time that interest on or principal of any Trust Agreement Obligations or Pari Passu Obligations is scheduled to be paid on an Interim Payment
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Interim Payment Period means, at any time that interest on or principal of any Senior Obligations, Subordinate Lien Obligations or Other Obligations is scheduled to be paid on an Interim Payment Date, the period from and including the immediately preceding Payment Date to but excluding the date immediately prior to such Interim Payment Date.
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Interim Payment Period means, at any time that interest on or principal of any Additional Obligations is scheduled to be paid on an Interim Payment Date, any period from (and including) the immediately preceding Payment Date to (but excluding) such Interim Payment Date.
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Related to Interim Payment Period

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Payment Period means the three months following each Collection Quarter.

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Billing Period means (subject to Article 6.1 of the Agreement) the calendar month ending with the Metering Date. The first Billing Period shall commence from the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.