We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Payout Date definition

Payout Date means a date selected by the Corporation, in accordance with and as contemplated by Sections 3.2, 6.1 and 7.1;
Payout Date means the day on which the Corporation pays to a Participant the Market Value of the Restricted Share Units that have become vested and payable;
Payout Date means the day on which the Corporation pays to a Participant the Market Value of the RSUs that have become vested and payable;

Examples of Payout Date in a sentence

  • Notwithstanding any other provision of this Agreement or any other Transaction Document, the representations and warranties contained in this Section shall be continuing, and remain in full force and effect until the Final Payout Date.

  • This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the Final Payout Date.

  • Promptly following the Final Payout Date, the Servicer shall deliver to the Borrower all books, records and related materials that the Borrower previously provided to the Servicer, or that have been obtained by the Servicer, in connection with this Agreement.

  • Notwithstanding any other provision of this Agreement or any other Transaction Document, the representations contained in this Section shall be continuing, and remain in full force and effect until the Final Payout Date.

  • Each Originator hereby agrees that it will not institute, or join any other Person in instituting, against the Buyer any Insolvency Proceeding for at least one year and one day following the Final Payout Date.


More Definitions of Payout Date

Payout Date means the date on which Awards are paid pursuant to Section 6(f).
Payout Date means a date selected by the Corporation, in accordance with and as contemplated by Section 3.3 and Section 6.1;
Payout Date means the date an Award becomes payable pursuant to Section 8.
Payout Date shall be: • September 20[XX] or as soon as administratively feasible (but not later than 60 days) thereafter if the Participant remains employed with the Company or its Affiliates until the end of the Performance Period; • September 20[XX] or as soon as administratively feasible (but not later than 60 days) thereafter if the Participant’s employment with the Company and its Affiliates terminates due to retirement after completion of the first Measurement Period in the Performance Period but prior to the end of the Performance Period; provided that if the Participant subsequently dies or becomes Disabled during the Performance Period, the Payout Date shall be as soon as administratively feasible (but not later than 60 days) after the Participant’s death or Disability; • as soon as administratively feasible (but not later than 60 days) after termination of employment if the Participant’s employment with the Company and its Affiliates terminates due to death or Disability after completion of the first Measurement Period in the Performance Period but prior to the end of the Performance Period, or if Appendix A applies; and • immediately prior to the Change in Control if Section 3(d) applies.
Payout Date shall be: • XXXX XX, 20XX or as soon as administratively feasible (but not later than 60 days) thereafter if Participant remains employed with the Company or its Affiliates until the end of the Performance Period; • XXXX XX, 20XX or as soon as administratively feasible (but not later than 60 days) thereafter if Participant’s employment with the Company and its Affiliates terminates due to retirement after the first anniversary of the commencement of the Performance Period; provided that if Participant subsequently dies or becomes Disabled during the Performance Period, the Payout Date shall be as soon as administratively feasible (but not later than 60 days) after Participant’s termination due to death or Disability; • as soon as administratively feasible (but not later than 60 days) after termination of employment if Participant’s employment with the Company and its Affiliates terminates due to death or Disability after the first anniversary of the commencement of the Performance Period; and • immediately prior to a Change in Control, if the Payment Date is accelerated pursuant to Section 3(b)(i) above.
Payout Date means the date on which Cash Awards are paid pursuant to Section 7 of the Plan.
Payout Date means the first day after the Project Completion Date on which the balance in the Payout Account is equal to or less than zero.