Retroactive Payment definition

Retroactive Payment means, for purposes of Section 2.06, a payment made prior to the date of the Loan Agreement that would, if made on or after the date of the Loan Agreement, be eligible for financing out of the proceeds of the Loan in accordance with the provisions of the Loan Agreement.
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Retroactive Payment means the amount due a class member, including interest, as determined by CDSS in the claims process.
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Retroactive Payment means the food stamp benefit issued to a household for the month in which an application is filed when the determination of eligibility is made in a subsequent month on either a timely or untimely basis.
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Examples of Retroactive Payment in a sentence

  • The City shall use the Site Lease Payment for the purpose of making the Retroactive Payment.


More Definitions of Retroactive Payment

Retroactive Payment means the City’s reimbursement of the 6.2% employee contribution for employees of the JFA pursuant to applicable provisions of a Memorandum of Understanding and Management Compensation Plan.
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Related to Retroactive Payment

  • Retroactive Date means the date specified in the Schedule.

  • Final compensation of a member means:

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Creditable compensation means the full compensation payable annually to an employee working

  • Additional Compensation has the meaning set out in Section 11.3(1).