Original Payment definition

Original Payment has the meaning ascribed thereto in Clause 6.4 below;
Original Payment is defined in Section 13.5 of the Participation Agreement.
Original Payment has the meaning set forth in this Section 1.

Examples of Original Payment in a sentence

  • A basis such that any payment received or deemed to have been received by a Person (the "Original Payment") shall be supplemented by a further payment to such Person so that the sum of the two payments shall be equal to the Original Payment, after taking into account (x) all Taxes that would result from the receipt or accrual of such payments and (y) any reduction in Taxes that would result from such increased Taxes.

  • If in no circumstances was such payment payable upon a separation from service under the Original Payment Right, then this Section 10(c)(iii) shall not apply.

  • The Committee (as defined in the Plan) permits you to defer the settlement of your Stock Units beyond the Original Payment Date on a tax-deferred basis in accordance with the terms of the Plan.

  • If in no circumstances was such payment payable upon a separation from service under the Original Payment Right, then this Section 5(c)(iii) shall not apply.

  • A basis such that any payment received or deemed to have been received by a Person (the "Original Payment") shall be supplemented by a further simultaneous payment to such Person so that the sum of the two payments shall be equal to the Original Payment, after taking into account (x) all Taxes that would result from the receipt or accrual of such payments and (y) any current reduction in Taxes that would result from such increased Taxes.


More Definitions of Original Payment

Original Payment is defined in Section 9.4(b) of the Participation Agreement.
Original Payment shall have the meaning set forth in Section 13(c).
Original Payment means the payment received or deemed to have been received by a Person before any adjustments made to take into account that such payment is Taxable to the payee.
Original Payment shall have the meaning set forth in Section 5(d).
Original Payment as referenced in Sections 7.1(e)(i) and 7.2(b)(i) above shall have the meaning set forth in the TRA.
Original Payment is defined in Section 3.03.
Original Payment has the meaning set forth in Section 7.4.