Special Payments definition

Special Payments means ex gratia expenditure paid by the Project Deliverer to a third party where no legal obligations exists for the payment and/or other extra- contractual expenditure. Special Payments may include, but are not limited to, out-of- court settlements or compensation;
Special Payments means ex gratia expenditure by the Grant Recipient to a third party where no legal obligations exist for the payment and/or other extra-contractual expenditure. Special Payments may include, but are not limited to, out-of-court settlements or compensation; State Aid Law means the law embodied in Articles 107- 109 of the Treaty for the Functioning of the European Union and any related legislation adopted by the Council, European Parliament and/or the Commission (including implementing legislation) decisions and communications to the extent it applied or continues to apply at any time in the United Kingdom;
Special Payments means all of such Special Payments.

Examples of Special Payments in a sentence

  • In the case of any other Special Payments, such notice shall be mailed as soon as practicable after the Trustee has confirmed that it has received funds for such Special Payment, stating the Special Distribution Date for such Special Payment which shall occur not less than 15 days after the date of such notice and as soon as practicable thereafter.

  • The Trustee shall hold the Special Payments Account in trust for the benefit of the Applicable Certificateholders and shall make or permit withdrawals therefrom only as provided in the Agreement.

  • On each day when one or more Special Payments are made to the Trustee under the Intercreditor Agreement, the Trustee, upon receipt thereof, shall immediately deposit the aggregate amount of such Special Payments in the Special Payments Account.

  • In the case of any other Special Payments, such notice shall be mailed as soon as practicable after the Trustee has confirmed that it has received funds for such Special Payment, stating the Special Distribution Date for such Special Payment which shall occur not less than 20 days after the date of such notice and as soon as practicable thereafter.

  • Amounts on deposit in the Special Payments Account shall be distributed in accordance with Sections 2.4(b) and 2.4(c) hereof, as applicable.


More Definitions of Special Payments

Special Payments. For companies which, in accordance with Section 18 para 2 CASEEEI (version 1.5.2011), have not calculated the average of allowances by 30.4.2012 on the basis of the review period of the last 3 months, this is still permitted. [CAWWEEI:] On the occasion of the change to 3-month averages in Section 4 item 21, Section 5 item 10, Section 6a item 18, Section 6b items 10 and 12, Section 9 item 2, Section 16 item 7, the following shall apply: For companies that calculated individual remuneration averages of the above on the basis of 13 weeks until 30.4.2012, this is still permitted. In these cases, the change to the calculation on the basis of 3-month averages must be made by means of a works agreement; in businesses without a works council, with the consent of the parties to the collective agreement. [CASEEEI:]
Special Payments means (a) all payments made by the Contractor under the Construction Contract and all other payments made by the Contractor or Alcatel in respect of any breach or failure by the Contractor to perform its obligations under the Construction Contract, whether as a result of any proceeding, settlement or otherwise, and (b) all payments made under the Performance Bond.
Special Payments means ex gratia expenditure by the Grant Recipient to a third party where no legal obligations exist for the payment and/or other extra-contractual expenditure. Special Payments may include, but is not limited to, out-of-court settlements, compensation or additional severance payments to the Grant Recipient’s employees; State Aid Law means the law embodied in Article 107- 109 of section 2, Title VII of the Common Rules on Competition, Taxation and Approximation of Laws – Consolidated Versions of the Treaty on European Union and the Treaty for the Functioning of the European Union or any Domestic Law which replaces such State Aid Law following the UK’s exit from the European Union; Third Party means any person or organisation other than the Grant Recipient or the Authority;
Special Payments means ex gratia expenditure by the Grant Recipient to a third party where no legal obligations exist for the payment and/or other extra-contractual expenditure. Special Payments may include, but is not limited to, out-of-court settlements, compensation or additional severance payments to the Grant Recipient’s employees; State Aid Law means the law embodied in Articles 107- 109 of the Treaty on the Functioning of the European Union and any related legislation adopted by the Council, European Parliament and/or the Commission (including implementing legislation) decisions and communications to the extent it applied or continues to apply at any time in the United Kingdom; Subsidy Control Act means the Subsidy Control Act 2022 which implements a domestic subsidy control regime in the United Kingdom;
Special Payments are any payment or series of payments pursuant to a final, nonappealable judgment or a final settlement or agreement exceeding in the aggregate $15 million to Huds▇▇ ▇▇▇ted Bancorp (including any successor, "Huds▇▇") ▇ursuant to the Termination, Option Cancellation and Settlement Agreement, dated as of April 28, 2000, between Huds▇▇ ▇▇▇ the Company (as amended or modified, the "Huds▇▇ ▇▇▇eement"), except to the extent that such payment or payments result or arise from (1) a misrepresentation by the First Investor in Section 2.3(f) or a breach by the First Investor of Section 4.1(a) of the Investment Agreement or (2) any actual or potential "Acquisition Transaction", "Subsequent Transaction" or "Subsidiary Transaction" (as such terms are defined in the Huds▇▇ Agreement) approved, recommended or authorized by the Board of Directors of the Company after the date of the Investment Agreement.
Special Payments are (x) any payment or series of payments pursuant to a final, nonappealable judgment or a final settlement or agreement exceeding in the aggregate $15 million to ▇▇▇▇▇▇ United Bancorp (including any successor, "▇▇▇▇▇▇") pursuant to the Termination, Option Cancellation and Settlement Agreement, dated as of April 28, 2000, between ▇▇▇▇▇▇ and the Company (as amended or modified, the "▇▇▇▇▇▇ Agreement"), except to the extent that such payment or payments result or arise from (1) a misrepresentation by the First Investor in Section 2.3(f) or a breach by the First Investor of Section 4.1(a) of the Investment Agreement or (2) any actual or potential "Acquisition Transaction", "Subsequent Transaction" or "Subsidiary Transaction" (as such terms are defined in the ▇▇▇▇▇▇ Agreement) approved, recommended or authorized by the Board of Directors of the Company after the date of the Investment Agreement.
Special Payments means ex gratia expenditure by the Grant Recipient to a third party where no legal obligation exists for the payment and/or other extra-contractual expenditure, including out-of-court settlements, compensation or additional severance payments to the Grant Recipient’s employees; State Aid Law means the law embodied in Articles 107- 109 of the Treaty on the Functioning of the European Union and any related legislation adopted by the Council, European Parliament and/or the Commission (including implementing legislation) decisions and communications to the extent it applied or continues to apply at any time in the United Kingdom; Subsidy Control Act means the Subsidy Control Act 2022 which implements a domestic subsidy control regime in the United Kingdom;