Payment Trigger Date definition

Payment Trigger Date is the first day of the seventh month following the month in which you cease to be a Full-Time Student;

Payment Trigger Date means the date on which you must begin repayment of your Outstanding Loan Balance.

Payment Trigger Date means the later of January 1, 2001, or the Termination Date.

Examples of Payment Trigger Date in a sentence

• If you return to Full-Time Student status after you have reached the maximum number of weeks, interest will accrue, but you will not be required to start making payments on your Outstanding Loan Balance until the Payment Trigger Date, and you may not be eligible for certain Financial Assistance.

• If you return to Full-Time Student Status after the Payment Trigger Date, and you apply for Financial Assistance, funding may be disbursed to you under the MSFAA- Canada or you may be required to enter into a new MSFAA.

• If you return to Full-Time Student Status after you have reached the maximum number of weeks, you will not be required to start making payments on your Outstanding Loan Balance until the Payment Trigger Date, but you may not be eligible for certain Financial Assistance.

• If you return to Full-Time Student status after the Payment Trigger Date, and you apply for Financial Assistance, funding may be disbursed to you under this MSFAA or you may be required to enter into a new MSFAA.

• If you return to Full-Time Student Status after you have reached the maximum number of weeks, interest will accrue, but you will not be required to start making payments on your Outstanding Loan Balance until the Payment Trigger Date, and you may not be eligible for certain Financial Assistance.

More Definitions of Payment Trigger Date

Payment Trigger Date generally means the Date of Termination; provided, however, that in the event of a termination of the Executive’s employment before, but in connection with, a Change in Control, it means the date of the Change in Control.

Payment Trigger Date means the commencement of the Second Deed of Variation. The payment of a lump sum, within a reasonable timeframe, no later than 30 days after the Second Deed of Variation has been entered into by the Parties.

Payment Trigger Date means the earliest of the following dates: (a) the date on which the U.S. federal income Tax statute of limitations (taking into account all extensions properly obtained) relating to the Relevant Tax Return has expired, (b) the date on which an audit by the IRS of the Relevant Tax Return is completed (provided that Buyer may not unreasonably delay the completion of such audit for purposes of delaying the Payment Trigger Date), and (c) the date on which any challenge by the IRS in respect of the Basis Increase claimed in the Relevant Tax Return is resolved.

Payment Trigger Date means the date when all of the following events have occurred: (a) the Agreement has been executed by all Parties; (b) INDIAN HARBOR receives a W-9 and wire information for the Administrator to which the Settlement Amount is to be paid; and (c) the court in the Underlying Lawsuit enters an Approval Order as specified in section 4 and the order becomes final. The Approval Order becomes “final” for purposes of this Agreement when the later of the following events occurs: (1) in the event there are no objections to the motion for distribution approval, the day the court issues an order granting approval; (2) in the event an objection to the motion for distribution approval is made, the period for filing any appeal, writ, or other appellate proceeding opposing the Approval Order has elapsed without any appeal, writ, or other appellate proceeding having been filed; (3) any appeal, writ, or other appellate proceeding opposing the Approval Order has been dismissed finally and conclusively with no right by any appellant or objector to pursue further remedies or relief; or (4) any appeal, writ, or other appellate proceeding has upheld the Approval Order with no right by any appellant or objector to pursue further remedies or relief. In this regard, it is the intention of the Parties that the Agreement shall not require payment until the court’s Approval Order is completely final, and there is no further recourse by an appellant or objector who seeks to contest the Approval Order. The occurrence of the Payment Trigger Date is a prerequisite to any obligation of INDIAN HARBOR to pay the Settlement Amount.

Payment Trigger Date has the meaning set forth in Section 9(d)(i).

Payment Trigger Date has the meaning given to that term in Clause 5.1;

Payment Trigger Date means the earlier of: (a) the date on which a Change in Control is consummated or (b) March 31, 2008.