Payout Date definition

Payout Date means a date selected by the Corporation, in accordance with and as contemplated by Sections 3.2, 6.1 and 7.1;

Payout Date means the day on which the Corporation pays to a Participant the Market Value of the RSUs that have become vested and payable;

Payout Date means the day on which the Company pays to a Participant the Market Value of the Restricted Share Units that have become vested and payable;

Examples of Payout Date in a sentence

• Effective Date of Agreement: □ Next Permissible Date □ Other: _ □ One-Time Election Payout Date: _ If the effective date specified does not align with a permissible plan entry date or pay cycle, the election will be effective as soon as administratively possible thereafter.

• The annuity is payable during the life of the Annuitant from the First Annuity Payout Date as per the terms and conditions of the Policy.

• The first Annuity Payout will be due for payment on the First Annuity Payout Date as mentioned in the Policy Schedule.

• If a Vault is closed prior to the end of the calendar quarter or the Interest Payout Date, interest will not be credited to the Vault for the calendar quarter.

• On a quarterly basis, interest will be calculated and separately credited to each open Vault on the Interest Payout Date (as defined below), subject to the terms of this Section 7.

More Definitions of Payout Date

Payout Date means the date on which Awards are paid pursuant to Section 6(f).

Payout Date means a date selected by the Corporation, in accordance with and as contemplated by Section 3.3 and Section 6.1;

Payout Date means the date an Award becomes payable pursuant to Section 8.

Payout Date shall be: • September 20[XX] or as soon as administratively feasible (but not later than 60 days) thereafter if the Participant remains employed with the Company or its Affiliates until the end of the Performance Period; • September 20[XX] or as soon as administratively feasible (but not later than 60 days) thereafter if the Participant’s employment with the Company and its Affiliates terminates due to retirement after completion of the first Measurement Period in the Performance Period but prior to the end of the Performance Period; provided that if the Participant subsequently dies or becomes Disabled during the Performance Period, the Payout Date shall be as soon as administratively feasible (but not later than 60 days) after the Participant’s death or Disability; • as soon as administratively feasible (but not later than 60 days) after termination of employment if the Participant’s employment with the Company and its Affiliates terminates due to death or Disability after completion of the first Measurement Period in the Performance Period but prior to the end of the Performance Period, or if Appendix A applies; and • immediately prior to the Change in Control if Section 3(d) applies.

Payout Date means the date on which Cash Awards are paid pursuant to Section 7 of the Plan.

Payout Date shall be: • XXXX XX, 20XX or as soon as administratively feasible (but not later than 60 days) thereafter if Participant remains employed with the Company or its Affiliates until the end of the Performance Period; • XXXX XX, 20XX or as soon as administratively feasible (but not later than 60 days) thereafter if Participant’s employment with the Company and its Affiliates terminates due to retirement after the first anniversary of the commencement of the Performance Period; provided that if Participant subsequently dies or becomes Disabled during the Performance Period, the Payout Date shall be as soon as administratively feasible (but not later than 60 days) after Participant’s termination due to death or Disability; • as soon as administratively feasible (but not later than 60 days) after termination of employment if Participant’s employment with the Company and its Affiliates terminates due to death or Disability after the first anniversary of the commencement of the Performance Period; and • immediately prior to a Change in Control, if the Payment Date is accelerated pursuant to Section 3(b)(i) above.

Payout Date means the first day after the Project Completion Date on which the balance in the Payout Account is equal to or less than zero.