Payment Determination Date definition

Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

Payment Determination Date means the relevant Calculation Day, unless a Delaying Event occurs with respect to such Payment Determination Date, in which case the first Business Day after the Calculation Day on which the Closing Prices for all Settlement Value Securities that have been subject to a Delaying Event have been determined.

Payment Determination Date shall have the meaning set forth in Section 2(b).

Examples of Payment Determination Date in a sentence

• In order to be paid such amounts on any particular Payment Date in respect of any losses, claims, damages, liabilities or related expenses, in each case incurred no later than two Business Days prior to the Payment Determination Date immediately preceding such Payment Date, the request for payment under this Section 9.05 must be received by the Borrower and the Servicer no later than such Payment Determination Date.

• Each date on which Contingent Payment is determined to be due, and if so, in what amount, shall be a “Contingent Payment Determination Date.” The First Contingent Payment Determination Date shall be the Final Settlement Agreement Effective Date plus one year.

• The Second Contingent Payment Determination Date shall be the Final Settlement Agreement Effective Date plus two years.

• If cumulative Opt-Out Costs and Indemnification Costs do not exceed Twenty-One Million Dollars and No Cents ($21,000,000) as of the Third Contingent Payment Determination Date, then the Third Contingent Payment due, if any, shall be determined pursuant to the table immediately above.

• If cumulative Opt-Out Costs and Indemnification Costs do not exceed Fourteen Million Dollars and No Cents ($14,000,000.00) as of the Second Contingent Payment Determination Date, then the Second Contingent Payment due, if any, shall be determined pursuant to the table immediately above.

More Definitions of Payment Determination Date

Payment Determination Date has the meaning assigned to it in the Sale and Servicing Agreement.

Payment Determination Date means the Calculation Day, unless a Market Disruption Event occurs on the Calculation Day, in which case the first Business Day after the Calculation Day on which a Market Disruption Event does not occur.

Payment Determination Date means the fifth Business Day prior to the Stated Maturity.

Payment Determination Date means, with respect to any Distribution Date, the 10th day of the month (or if such day is not a Business Day, the next succeeding Business Day) of such Distribution Date.

Payment Determination Date for purposes of determining when a payment resulting from a Compensated Termination must be made pursuant to Section 4(a), shall mean the effective date of the termination of the Executive’s employment with the Bank if such termination is a “Compensated Termination.”

Payment Determination Date means the Calculation Day, unless a Market Disruption Event occurs with respect to such Payment Determination Date, in which case the first Trading Day after the Calculation Day on which a Market Disruption Event does not occur.

Payment Determination Date means the relevant Calculation Date, unless a Delaying Event occurs with respect to such Payment Determination Date, in which case the first Business Day after the Calculation Date on which the Closing Prices for all Index Securities that have been subject to a Delaying Event have been determined.