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; Subsidy means a financial benefit which is subject to the Subsidy Control Rules;
Special Payments means all of such 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:]

Examples of Special Payments in a sentence

  • 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.

  • 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.

  • Upon such establishment and maintenance under Section 3.5(f) hereof, the Cash Collateral Accounts shall, together with the Special Payments Account and the Collection Account, constitute the “Trust Accounts” hereunder.

  • Any amounts on deposit in the Special Payments Account prior to the distribution thereof pursuant to Section 2.4 or 3.2 shall be invested in accordance with Section 2.2(b).

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


More Definitions of Special Payments

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 (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 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 Hudsxx Xxxted Bancorp (including any successor, "Hudsxx") xursuant to the Termination, Option Cancellation and Settlement Agreement, dated as of April 28, 2000, between Hudsxx xxx the Company (as amended or modified, the "Hudsxx Xxxeement"), except to the extent that such payment or payments result or arise from (i) 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 Hudsxx Agreement) approved, recommended or authorized by the Board of Directors of the Company after the date of the Investment Agreement.
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 Xxxxxx United Bancorp (including any successor, "Xxxxxx") pursuant to the Termination, Option Cancellation and Settlement Agreement, dated as of April 28, 2000, between Xxxxxx and the Company (as amended or modified, the "Xxxxxx 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 Xxxxxx Agreement) approved, recommended or authorized by the Board of Directors of the Company after the date of the Investment Agreement.
Special Payments annual leave pay and Christmas bonus Overtime pay according to the collective agreement Remuneration shall be transferred to the account given by the employee.
Special Payments means (a) all payments made by the Contractor under the ---------------- Supply Contract and all other payments made by the Contractor or the Supply Contract Guarantor in respect of any breach or failure by the Contractor to perform its obligations under the Supply Contract, whether as a result of any proceeding, settlement or otherwise, and (b) all payments under insurance policies maintained by the Borrower or any Subsidiary to compensate for a delay in the commencement of operations of the System.