Original Payment Date definition

Original Payment Date means, with respect to an Incentive Award Tranche, the date on which a Participant becomes vested in the Incentive Award Tranche.

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Original Payment Date means April 1, 2024.

Original Payment Date means a date selected by a Participant to receive distribution of the amounts credited to both the Participant’s Cash Account and Restricted Stock Unit Account for a Program Year in accordance with Section 4(a). If the Participant has not selected an Original Payment Date, the Original Payment Date shall be deemed to be the earliest of (i) the date that is three (3) years following the date on which the Bonus with respect to the

Examples of Original Payment Date in a sentence

• 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.

• This means that payment of the Stock Units will be made as soon as practicable after the Original Payment Date regardless of your deferral election.

• If any of the principal would have been paid later than the end of the fixed rate interest period in effect at the time of prepayment, then the Original Payment Date for that amount will be the last day of the interest period.

• This means that your Designated Payment Date will be given effect only if (a) you complete and return this Election Form at least twelve (12) months before the Original Payment Date, and (b) the Designated Payment Date is at least five (5) years from the Original Payment Date.

• In such an event, amounts deferred shall be settled (1) immediately if the Original Payment Date already has occurred, or (2) upon the Original Payment Date if in the future.

• Notwithstanding the foregoing, a late fee of [ * ]% over the Prime Rate will accrue on all unpaid amounts from the date such obligations were due.

• Subject to the terms and conditions of this Agreement and to the fulfillment by the Debtor of all and each of the Precedent Conditions, CIMINAS irrevocably agrees to grant the Debtor a credit facility with the characteristics described below, and the Debtor binds himself to repay the funds that were requested hereof on the Original Payment Date jointly with the corresponding Interests and other sums which it may be obliged to pay (the “Credit Facility”).

• The Compensatory Interest accrued shall have to be totally paid on the Original Payment Date, unless CIMINAS declares the Lapsing of Terms pursuant to the terms of this Agreement.

• Please note that if the Original Payment Date is within twelve (12) months of the date you complete and return this Election Form, or you choose a deferral date that is not at least five (5) years from the Original Payment Date then, due to Section 409A requirements, we cannot accept your deferral election and it will be deemed null and void.

• Therefore, the Debtor shall have to notify CIMINAS, at least 15 Business Days prior to the Original Payment Date, its intention to exercise the Extension Option of the Original Payment Date by sending to CIMINAS the Notice of Use of the Extension Option of the Original Payment Date.

More Definitions of Original Payment Date

Original Payment Date. Shall have the meaning ascribed to such term in Section 4.03(C). (ZZ) Partner(s): As the context may require, some or all of the General Partner and the Limited Partners.

Original Payment Date means the first day of each calendar month. “Outside Director” is defined in Section 9.2.

Original Payment Date means, with respect to a Bonus, the date as of which the full amount of the Bonus would have been paid to an Eligible Executive absent the Eligible Executive's filing of a Bonus Deferral Election.

Original Payment Date has the meaning set forth in Section 2.04.

Original Payment Date means the 26th day of December, 2007 or any other date which the parties to the SPA agree for the transfer of the consideration to the Escrow Account and the transaction documents to the Escrow Agent pursuant to terms and conditions of the Escrow Agreement and the SPA;

Original Payment Date means, with respect to a Bonus Tranche, the date on which a Participant becomes vested in the Bonus Tranche.