Participant Payment definition

Participant Payment means, with respect to each Payor, an amount per month equal to 0.1417% (an annual rate of 1.7%) of the Capital Account of such Payor (calculated before accounting for any accrual of the Performance Allocation), prorated for intra-month withdrawals or contributions, if any.
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Participant Payment means a payment (expressed as a fortnightly rate) made from CDEP Wage Funds that a Continuing Participant receives for participating in CDEP Activities in accordance with the Agreement. Participant Payments include:
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Participant Payment means: (i) in the case of an Executive Participant, an Executive First Installment Bonus and Executive Second Installment Bonus; (ii) in the case of a Continuing Participant, the First Installment Bonus and the Second Installment Bonus; (iii) in the case of a Transitional Participant, the First Installment Bonus and the Transitional Payment; and (iv) in the case of a Terminated Participant, a Termination Payment.
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Examples of Participant Payment in a sentence

  • With respect to Payment Dates under the Indenture (except a date for payment of defaulted interest), March 4, 1996 for the Owner Participant Payment Date, December 18 for January 2 Payment Dates and June 17 for July 2 Payment Dates, whether or not such date is a Business Day.

  • The Owner Participant Payment Date, and each January 2 and July 2 commencing July 2, 1996.

  • If there will be no Ethically-Approved Participant Payments, enter “not applicable” as the Ethically-Approved Participant Payment, and enter the price as £0.00.

  • The period commencing on the Delivery Date and ending at the end of the day on the day immediately preceding the Owner Participant Payment Date.

  • The Participant is required to pay any net debit shown in a Settlement Statement on the corresponding Market Participant Payment Date and shall be entitled to receive any net credit shown in a Settlement Statement on the corresponding IESO Payment Date, whether or not there is any outstanding disagreement regarding the amount of the debit or credit, in accordance with the IESO Market Rules.

  • Defined Term Meaning Account Credit Card / Card Cardmember Cardmember’s Tawarruq Transaction Agent Company/Establishment/You Business Card Agreement Current Balance Nomination Agreement Our Commodity Transactions Agent Participant Payment Due Date Sharia’ Board Statement Tawarruq Transaction Tawarruq Transaction Agent We, Us, Our Any account maintained by American Express Saudi Arabian in relation to the Business Credit Card.

  • To the extent such amount is not paid when due on the Owner Participant Payment Date, the Lessee shall make an advance on behalf of the Owner Participant as described in Section 3.05 hereof equal to such amount and, if not otherwise reimbursed, the Lessee shall have the right to offset such amount pursuant to Section 3.05 hereof.

  • On each Participant Payment Date, all payments of interest received by the Servicer from the Borrowers and the Sponsor pursuant to its Guaranty contained herein with respect to the Loans and not previously distributed by the Servicer, shall be applied to pay all accrued but unpaid interest on the Funded Participant’s Interest pursuant to this Agreement, then to pay all accrued but unpaid Servicing Fees and then to pay the Sponsor’s Fee, in accordance with the terms of the Servicing Agreement.

  • Each Participant shall pay the total amount invoiced to it before Participant Payment Due Date of the month in which the invoice is provided in accordance with Article 4 hereof.

  • During the time that a Participant Payment Default exists, the defaulting Participant shall not be entitled to vote or consent or have any approval rights with respect to any action or matter required, contemplated or permitted hereunder or under applicable law and, during such period of time, all determinations shall be made by Lead Lender, or with the consent of Agent, as provided for herein.