Payment in Lieu means a payment of money in lieu of a conveyance otherwise required under section 42, 51.1 or 53; (“paiement tenant lieu de cession”)

Payment in Lieu has the meaning given in clause 25.1;

Payment in Lieu means a payment of money in place of meeting all or part of the storm water performance standards required by this ordinance.

Examples of Payment in Lieu in a sentence

The Payment in Lieu of Notice shall be paid on such date as is required by law, but no later than thirty (30) days after the date of the Executive’s Separation from Service.
In that case the Company shall also be entitled to recover from the Employee any Payment in Lieu (or instalments thereof) already made.
The Payment in Lieu of Notice shall be paid on such date as is determined by the Company within thirty (30) days after the date of the Executive’s Separation from Service; provided, however, that if the Executive is a Specified Employee on the date of his or her Separation from Service, such Payment in Lieu of Notice shall be paid as provided in Section 10 hereof.
The vesting of such Payment in Lieu of Lost Future Benefits shall be determined in accordance with Section 8 of this Agreement.
If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations, the Payment in Lieu of Lost Future Benefits described in Annex A, and the timely payment or provision of Other Benefits (as defined in Section 8(d)).

More Definitions of Payment in Lieu

Payment in Lieu means the payment of funds equivalent to the value of the amount of land that the County would otherwise have been entitled to acquire for park or other public recreational purposes as part of a development. The Payment-in-Lieu is usually required as a condition of a site plan, draft plan of subdivision or draft plan of condominium approval.

Payment in Lieu has the meaning set forth in Section III(F).

Payment in Lieu. As used in Clause 10.11of this Agreement for payment made by Council to a redundant employee when Council does not give 10 weeks notice for termination of employment. The calculation of the payment in lieu shall be based on 10 times the weekly wages at the time of termination.

Payment in Lieu means a sum in lieu of notice equal to the basic salary (as at the date of termination) which you would have been entitled to receive under this Agreement during the relevant notice period referred to at clause 13.1 (or, if notice has already been given, during the remainder of the notice period) less any deductions required by law; “Prospective Customer’’ means any person, firm or company with whom during the period of twelve months preceding the Termination Date, the Company was or has been in negotiations or discussions with or to whom the company shall have presented a proposal with a view to such person, firm or Company placing an order for goods or services with the Company;

Payment in Lieu has the meaning given in subparagraph 5.04(a)(i).

Payment in Lieu means an annual amount equal to the revenue that would be derived from the imposition by the District Debt Service Mill Levy and the District Operations and Maintenance Mill Levy, on that portion of the taxable real and personal property within the Property where a Tax-Exempt Entity is the Owner thereof were such Owner not a Tax- Exempt Entity, or if a portion of the Property is a Tax-Exempt Property, were the Property not determined by the assessor to be exempt from taxation, computed based on the District Debt Service Mill Levy and the District Operations and Maintenance Mill Levy most recently certified by the District and the most recent final certified assessed value of the subject portion of the taxable real and personal property within the Property.