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

  • The net position of a Participant Payment System shall be calculated with the account of Transactions of the Participant Payment System’s participants.

  • If you are sending payment to PBGC for one or more Missing Participants, you may submit a check with your Missing Participant Payment Voucher or arrange for a wire transfer and indicate on your Missing Participant Payment Voucher the amount that has been transferred.

  • Eligible Entity (Participants)- Enter information only for those eligible entities that will receive payment of the Federal share;- Do not enter eligible entities that have a 0% payment shareTax IdentificationDUNS NumberPayment Share Percentage- As identified in the applicable Form NRCS- CPA-1265 or as updated in Form NRCS-CPA-1267- Total must equal 100%Payment Amount Owed to Each Participant- Payment share applied to total Federal share payment amount identified in section 1 above1.

  • His latest book ‘Islamic Marketing’ has been published by Springer in July 2016.Based at the ESSEC Asia Pacific campus in Singapore, he travels a lot in the region and in the Gulf because he is the academic co-director of the MBA at the Arabian Gulf Universi- ty in Manama, Bahrain.

  • Note: The amount you pay to the PBGC with this filing must equal the amount entered in column (1) of item 4c of Schedule MP (this is the same amount that should be entered in item 3a of the Missing Participant Payment Voucher).

  • Xxxxx, X.X. Fax: (617) 523-1231 Xx Xxxxxxxxxr: American Radio Systems Coxxxxxxxxx 116 Huntington Avenue Boston, MA 02116 Xxxx: Xxxxxx X.

  • Except as otherwise provided herein, benefits under the Plan shall be payable in respect of a Participant at the Participant Payment Date applicable to the Participant and only by reason of the circumstances provided in Sections 4.1 through 4.4 hereof.

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

  • The specified invoices are generated for Direct Participants and Participant Payment Systems.Documents confirming the services rendering to RF Participants shall be sent by the Operator to the correspondent Participants.

  • 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.

Related to Participant Payment

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Participant ID means each unique identifier assigned to a Participant other than a DMA Customer by BSEF for access to the SEF operated by BSEF.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Participant Group mean you, each of your holding companies and subsidiaries and each subsidiary of each of your holding companies.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Participant has the meaning specified in Section 10.06(d).

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Participant contract means a contract by which a sponsored captive insurance company insures the risks of a participant and limits the losses of the participant to the assets of a protected cell.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Non-Highly Compensated Participant means any Participant who is neither a Highly Compensated Employee nor a Family Member.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Hardship Distribution means a severe financial hardship to the Participant resulting from a sudden and unexpected illness or accident of the Participant or of his or her dependent (as defined in Section 152(a) of the Code), loss of a Participant’s property due to casualty, or other similar or extraordinary and unforseeable circumstances arising as a result of events beyond the control of the Participant. The circumstances that would constitute an unforseeable emergency will depend upon the facts of each case, but, in any case, a Hardship Distribution may not be made to the extent that such hardship is or may be relieved (i) through reimbursement or compensation by insurance or otherwise, (ii) by liquidation of the Participant’s assets, to the extent the liquidation of assets would not itself cause severe financial hardship, or (iii) by cessation of deferrals under this Plan.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Deferral Percentage means the percentage (which, unless the Administrator, in his or her sole discretion, determines otherwise, shall be in whole percentage increments and not more than 90%) specified by the Participant to be the percentage of each payment of Compensation he or she wishes to defer under the Plan.

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

  • Deferral means the amount or amounts of a Participant’s Compensation deferred under the provisions of Section 3.

  • Deferred member means a person who elected to receive deferred vested retirement

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.