Subsequent Payment definition

Subsequent Payment has the meaning assigned to it in Section 3.2(m).

Subsequent Payment has the meaning assigned to it in Section 5.2(j).

Subsequent Payment means a second Payment representing the balance of the CMF Award in the case where a Recipient exercises its option to receive the CMF Award in two Payments.

Examples of Subsequent Payment in a sentence

• That Subsequent Payment (adjusted as needed) will then be paid to the Member.

• To the extent permitted by Section 409A of the Code, the Committee may, in its sole discretion, modify the rules applicable to Deferral Elections, Payment Elections and Subsequent Payment Elections to the extent necessary to satisfy the requirements of the Uniformed Service Employment and Reemployment Rights Act of 1994, as amended, 38 U.S.C. 4301-4334.

• Payment will be in the form of: (i) cash or a non-interest bearing, non-transferrable promissory note issued by the Fund in an amount equal to the Initial Payment, which will be paid on or prior to the Payment Date; and (ii) a non-interest bearing, non-transferable promissory note issued by the Fund entitling the Member to up to the Subsequent Payment (as adjusted (if at all) in accordance with the next paragraph).

• Payment will be in the form of: (i) cash or a non-interest bearing, non-transferrable promissory note issued by the Feeder Fund in an amount equal to the Initial Payment, which will be paid on or prior to the Payment Date; and (ii) a non-interest bearing, non-transferable promissory note issued by the Feeder Fund entitling the Member to up to the Subsequent Payment (as adjusted (if at all) in accordance with the next paragraph).

• The Subsequent Payment Election may not take effect until at least twelve (12) months after the date on which it is accepted by the Committee.

More Definitions of Subsequent Payment

Subsequent Payment has the meaning specified in Clause 2.3;

Subsequent Payment has the meaning provided such term in Section 2.2(b).

Subsequent Payment has the meaning ascribed to it in Section 6.3;

Subsequent Payment has the meaning set forth in Section 2.02.

Subsequent Payment has the meaning specified in Section 2.02(b).

Subsequent Payment shall have the meaning set forth in Section 8.A.(1).

Subsequent Payment means the portion, if any, of the Post-Closing Excess Payment, Adjustment Escrow Funds, the Deferred Consideration, the Earnout Amount, the Unvested Option Escrow Amount, or any Released Amount that becomes payable to the Company Securityholders pursuant to this Agreement.