The Transferors shall also have the option of increasing, reducing or withdrawing the Premium Percentage, at any time and from time to time, on and after such Premium Option Date.
Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.
Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.
Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.
Call Option Date As defined in Section 10.01(a) hereof.
Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.
Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.
Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.
Base Date means a date 30 day prior to the submission of tenders.
Top-Up Option has the meaning set forth in Section 1.04(a).
Premium Payment Term means the term specified in the Schedule, during which the Premiums are payable by You;
Vesting Date has the meaning set forth in Section 3.10(c)(ii).
Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.
Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.
Call Option Period has the meaning given to it in Condition 6.04 (Call Option);
Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.
Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.
lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.
Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.
Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.
Election Date has the meaning specified in Section 3.12(h).