Examples of Lump Sum Payment Date in a sentence
If Landlord fails to pay the Abated Rent Lump Sum Payment by the Lump Sum Payment Date or the financing or sale transaction for the Building, if applicable, expires or is terminated or deemed null and void for any reason, Landlord’s exercise of the Lump Sum Payment Option shall be deemed null and void and of no further force or effect and the Abated Rent Lump Sum Payment, if theretofore paid by Landlord to Tenant, shall promptly be returned by Tenant to Landlord.
The Lump Sum Payment Date shall be the date that the Company shall have fully paid or caused to be paid or otherwise provided for (in a manner satisfactory to NVIDIA) all Liquidated Claims.
Upon the Lump Sum Payment Date, Executive's Severance Pay under Section 4(a)(i) shall cease, and he shall receive the Lump Sum Payment.
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Buyer, Xxxxxxx and other members of the Buyer Group shall, on the Lump Sum Payment Date, pay Resources the present value of 90% of all the Tax Benefits with respect to all Taxable Periods ending after the Lump Sum Record Date (the "Lump Sum Tax Benefit Amount").
In addition, for the avoidance of doubt, Associate is entitled to payment of amounts due for accrued and unused Earned Paid Time Off (“PTO”), which will be paid on the Lump Sum Payment Date.
The Company will issue shares of Common Stock to Xxxxxxxx with respect to the aggregate of 370,191 RSUs noted as vesting in (i) and (ii) (the “Vested 0000 XXXx”) by not later than the Lump Sum Payment Date.
On or before July 29, 2022, the Department will pay to the Trustee any previously-unremitted tolls or revenues collected for use of the Bridge through the Lump Sum Payment Date.
Upon a Participant's Termination of Employment, on each Lump Sum Payment Date or Installment Payment Date (as such terms are defined below) the Company shall debit his or her Accounts and pay to such Participant (or in the event of the Participant's death, to his or her Beneficiary) amounts at the times determined pursuant to this Section 3.4.
Subject to Sections 6 and 7 hereof, the Company shall pay the Executive a one-time transaction bonus in a single cash lump sum of $1,775,000 (the “Transaction Bonus”), less all applicable tax withholdings and other authorized deductions on the Severance Benefits Lump Sum Payment Date.