Termination Payment Obligation definition

Termination Payment Obligation means any obligation or commitment of an Independent Poultry Grower to make a Termination Payment.1
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Examples of Termination Payment Obligation in a sentence

  • For the avoidance of doubt, the Antitrust Division and the PSD retain all rights to investigate and prosecute, including under the antitrust laws or the Packers andStockyards Act, any conduct, practice or device that (1) does not arise from a Termination Payment or Termination Payment Obligation, or (2) is an aspect of any ranked performance pay compensation (sometimes described as “tournament”) system.

  • For the avoidance of doubt, the Antitrust Division and the PSD retain all rights to investigate and prosecute, including under the antitrust laws or the Packers and Stockyards Act, any conduct, practice or device that (1) does not arise from a Termination Payment or Termination Payment Obligation, or (2) is an aspect of any ranked performance pay compensation (sometimes described as “tournament”) system.

  • For the avoidance of doubt, the Antitrust Division and the PSD retain all rights to investigate and prosecute, including under the antitrustlaws or the Packers and Stockyards Act, any conduct, practice or device that (1) does not arise from a Termination Payment or Termination Payment Obligation, or (2) is an aspect of any ranked performance pay compensation (sometimes described as ‘‘tournament’’) system.

  • Defendant must not: 2 For example and without limitation, a Termination Payment Obligation includes any provision in a Live Poultry Agreement in substantially the following form:If [Independent Poultry Grower] elects to terminate the [Live Poultry Agreement] during the.

  • Any failure by the Counterparty to pay any Counterparty NYMEX Put Option Termination Payment Obligation on the date when due under this Section 6 shall constitute an immediate Event of Default on the part of the Counterparty under the ISDA Master Agreement and an immediate Specified Event under the Master Transaction Agreement, in each case without any grace or notice period (irrespective of any such grace or notice period in the ISDA Master Agreement or the Master Transaction Agreement).

Related to Termination Payment Obligation

  • Termination Payment means the amount payable by either Party to the other upon Termination in accordance with Article 23;

  • Net Obligation means the amount owed to PJMSettlement and PJM for purchases from the PJM Markets, Transmission Service, (under Tariff, Parts II and III , and other services pursuant to the Agreements, after applying a deduction for amounts owed to a Participant by PJMSettlement as it pertains to monthly market activity and services. Should other markets be formed such that Participants may incur future Obligations in those markets, then the aggregate amount of those Obligations will also be added to the Net Obligation.

  • Investment Obligations means and include, except as otherwise provided in the Supplemental Indenture providing for the authorization of Bonds, any of the following securities, if and to the extent that such securities are legal investments for funds of the Issuer;