Termination Payments definition

Termination Payments has the meaning specified in Section 10(a).

Termination Payments means any payment or distribution of Compensation or benefits made pursuant to Section 4.1(a)-(c) of this Agreement.

Termination Payments means the payments payable pursuant to Article 11.9 and 12.5 of this Agreement;

Examples of Termination Payments in a sentence

• If, at the time of termination of Executive’s employment for any reason or any time thereafter, Executive is in material breach of any covenant contained in Section 7 hereof (as determined by a court of competent jurisdiction), then, notwithstanding anything in this Section 5 to the contrary, Executive (or Executive’s estate, as applicable) shall not be entitled to any payment (or if payments have commenced, any continued payment) other than the Standard Termination Payments.

• In the event that Executive’s employment is terminated prior to the expiration of the Term (i) by reason of Executive’s death pursuant to Section 4(a) or Executive becoming Totally Disabled pursuant to Section 4(b), (ii) by the Company for Cause pursuant to Section 4(c), or (iii) by Executive without Good Reason pursuant to Section 4(f), Executive (or Executive’s estate, as the case may be) shall be entitled to the Standard Termination Payments.

• The payment of any amounts pursuant to this Section 5 (other than payments required by law and the Standard Termination Payments) is expressly conditioned upon the timely delivery (and non-revocation) by Executive to the Company of a release, substantially in the form attached hereto as Exhibit A and Executive’s non-revocation of such release.

More Definitions of Termination Payments

Termination Payments means the amount that may be payable under and in accordance with the SFM Agreement in respect of the termination of the SFM Agreement, as further set forth in Article 21 of the SFM Agreement;

Termination Payments means payments required to be made by the Issuer to the Swap Counterparty under the terms of the Interest Rate Swap as a result of a termination of the Interest Rate Swap.

Termination Payments has the meaning ascribed in Article 5 of this Contract.

Termination Payments means earned but unpaid amounts as of the date of any termination under applicable benefit plans or programs.

Termination Payments means the amount payable to the Swap Counterparty by the Issuer with respect to the early termination or modification of an Interest Rate Swap. Termination Payments may only be payable from and secured by Revenues after payment of all amounts then due pursuant to the Indenture.

Termination Payments shall have the meaning given in the Depositary Agreement.

Termination Payments means any payment or distribution of Compensation or benefits made pursuant to SECTION 4.1 (a)-(c) of this Agreement.