Total Payments definition

Total Payments means those payments so described in Section 6.2 hereof.

Total Payments. The “Total Payments” include any “payments in the nature of compensation” (as defined in Section 280G of the Code and the regulations adopted thereunder), made pursuant to this Agreement or otherwise, to or for Executive’s benefit, the receipt of which is contingent or deemed contingent on a change in control and to which Section 280G of the Code applies.

Total Payments shall have the meaning set forth in Section 6(b).

Examples of Total Payments in a sentence

• If the Total Payments Made is greater than the total of all Reimbursable Costs, National Grid shall reimburse the difference to NYSEG.

• I (We), the undersigned, (jointly and severally,) promise to pay LENDER in United States currency, the Total Payments shown in SectionA.4 above according to the payment schedule shown in section A.5 above at XXXXXX’S address set forth above when due until the Principal balance together with accrued and unpaid interest has been fully repaid together with any costs incurred by XXXXXX as set forth.

• If the Total Payments Made is greater than the total of all Company Reimbursable Costs, Company shall reimburse the difference to Customer (“Reimbursement Amount”).

• If the total of all Company Reimbursable Costs is greater than the Total Payments Made, the Company shall provide a final invoice to Customer for the balance due to the Company under this Agreement (the “Balance Amount”).

• If the total of all Reimbursable Costs is greater than the Total Payments Made, National Grid shall provide a final invoice to NYSEG for the balance due to National Grid under this Agreement.

More Definitions of Total Payments

Total Payments means those payments so described in Section 4.2 hereof.

Total Payments means any payment or benefit received or to be received by the Executive in connection with a Change in Control or the termination of the Executive's employment (whether pursuant to the terms of this Agreement or any other plan, arrangement or agreement with the Corporation, any Person whose actions result in a Change in Control or any Person affiliated with the Corporation or such Person); and

Total Payments means all payments or benefits payable to Executive in connection with a Change in Control, including Change in Control Payments pursuant to this Agreement and any Other Payments pursuant to any other plan, agreement, or arrangement with Corporation, a person whose actions result in the Change in Control, or any person affiliated with Corporation or such person.

Total Payments means the compensation and benefits that become payable under the Agreement or otherwise (and which may be subject to an Excise Tax) by reason of the Executive’s termination of employment, determined without regard to any Gross-Up Payments that may also be made.

Total Payments has the meaning given to such term in Section 3.6(a) hereof.

Total Payments means those payments so described in Section 10 below.

Total Payments means the total payments or other benefits that the Executive becomes entitled to receive from the Company or an Affiliate thereof in connection with a Change of Control that would constitute a “parachute payment” (within the meaning of Section 280G of the Code), whether payable pursuant to the terms of this Agreement or any other plan, arrangement or agreement with the Company or an Affiliate thereof.