Payable definition

Payable means that a particular benefit shall be paid to Executive in the amount, at the time, and in the form specified herein.

Payable means (i) with respect to benefits other than those described in clause (ii) of this paragraph, such benefits shall be paid to Executive in the amount, at the time, and in the form specified herein, and (ii) with respect to benefits described in this clause (ii), the following shall apply solely in the event of a Termination Without Cause, notwithstanding anything in the applicable plan or program to the contrary: (A) with respect to any outstanding stock options not yet expired as of the date of termination of the Employment Period, Executive shall be treated as though he remained in the employ of the Company for the two year period following such date, and except to the extent that any such options first expire during such period under the applicable plan or program, (I) any such options that would have become vested over such two year period solely by reason of Executive remaining in the employ of the Company during such period shall become immediately vested and nonforfeitable, (II) with respect to any options that by their terms would vest if the stock of the Company or an affiliate were to reach a specified market price, such options shall become vested and nonforfeitable if and when such stock reaches such price during such two year period, and (III) Executive shall have an additional two years to exercise any vested options (beyond the time to exercise such options permitted under the applicable plan or program), and (B) with respect to any restricted stock subject to restrictions that have not yet lapsed as of the date of termination of the Employment Period, such restrictions shall be deemed to have lapsed and such restricted stock shall become immediately vested and nonforfeitable as of such date.

Payable means that the capped amount is reimbursable in full and the Plan deductible amounts and co-insurance percentages do not apply.

Examples of Payable in a sentence

• Xxxxxxxxxxxx, Xxxxxxxxx, XX 00000 Date: Approved by Board: (Date) #:91400 8/17 White - Accounts Payable Yellow - Vendor Pink - Purchasing 1.

• The County shall process such bills and pay such sums as are properly billed to the County in accordance with the County’s procedures for payment of Accounts Payable.

• If we end the Agreement under clause 6, you (or the trustees of your estate) must pay us the outstanding balance of the Total Amount Payable shown in the Agreement Schedule plus any other sums which may have become due by you to us under this Agreement.

• A Payable on Death (P.O.D.) Account is an Account payable to the Account Holders during their lifetimes, and upon the death of the last Account Holder, ownership passes to the named P.O.D. payee(s).

• All invoices, including detailed backup, shall be sent to City of Sunnyvale, attention Accounts Payable, P.O. Box 3707, Sunnyvale, CA 94088-3707.

More Definitions of Payable

Payable. , as applied to petroleum, means petroleum of such quantity and quality that it can under ordinary circumstances be won with profit.

Payable and "PAYMENT" shall be construed accordingly;

Payable shall have meanings correlative to the foregoing.

Payable means the earliest date upon which the owner of property could become entitled to the

Payable has the meaning set forth in Section 10.5(a).

Payable in relation to an amount, means an amount which is currently payable or will or may be payable in the future.

Payable means any trade account payable incurred by Seller in the ordinary course of the Business and included in accounts 2001-100 (Accounts payable-trade), 2001-101 (Commissions Payable), 2001-102 (Accounts Payable Adjustment), 2001-103 (Unvouchered Payables), and 0000-000 (Xxxxx & Use Tax Payable) on the Seller Balance Sheet or Seller’s Books and Records to the extent such trade account payable has been included therein in conformity with GAAP applied on a basis consistent with the Reference Balance Sheet; provided, however, that the term “Payable” shall not include any and all fees and expenses incurred by Seller in connection with this Agreement and the transactions contemplated hereby.