Acceleration Election Sample Clauses

Acceleration Election. Company may, at its sole option and in its sole and absolute discretion, at any time or from time to time, accelerate the time and the manner of making any one or more payments required under this Section 4.3.
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Acceleration Election. Weston may, at its option, at any time or from time to time, in its absolute and sole discretion, accelerate the time and the manner of making any one or more payments required by this Agreement.
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Acceleration Election. Company may, at its sole option and in its sole and absolute discretion, at any time or from time to time, accelerate the time and the manner of making any one or more payments required under this section 4.3.
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Acceleration Election. Company may, at its sole option and in its sole discretion, at any time or from time to time, accelerate the time and manner of making any one or more payments required under this Section 4.3. The benefits provided to Swoy▇▇ ▇▇▇er this Section 4.3 shall be fully "grossed up" to take into account any additional federal, state and local
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Acceleration Election. The Board of Directors of Employer may, at its option, at any time or from time to time, in its absolute and sole discretion, accelerate the time and the manner of making payment of any one or more benefit installments, or may anticipate any payments thereof, in event of any emergency or necessity affecting the personal or family affairs of Employee or any beneficiary of Employee, if the Employee is deceased, or if payments are to be made to an estate.
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Acceleration Election. Notwithstanding the provisions of Section 1 above, Jeff▇▇▇▇ ▇▇▇ll be entitled to elect (by written election filed in accordance with this Section 2) to reduce his annual benefits in accordance with the schedule set forth below and to accelerate the payment of such reduced annual benefits so that such benefits shall commence in the month of January of the year following the year in which Jeff▇▇▇▇ ▇▇▇minates employment with the Corporation and shall continue each January thereafter until fifteen (15) annual installments have been paid; provided, however, that if such termination of employment results from the Disability of Jeff▇▇▇▇, ▇▇en the fifteen (15) annual installments payable hereunder pursuant to Jeff▇▇▇▇' ▇▇id acceleration election shall not commence until the earlier of (a) January 2001, or (b) January of the year following the year in which such Disability ends. In the event Jeff▇▇▇▇ ▇▇▇ filed a valid election to accelerate the payment of his annual benefits pursuant to this Section 2, then the amount of such annual benefits shall be determined
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Acceleration Election. Company may, at its sole option and in its sole discretion, at any time or from time to time, accelerate the time and manner of making any one or more payments required under this Section 4.3. The benefits provided to Hosk▇▇▇ ▇▇▇er this Section 4.3 shall be fully "grossed up" to take into account any additional federal, state and local income tax and any applicable federal and state payroll taxes that Hosk▇▇▇ ▇▇▇l be required to pay as a result of the payment of such benefits being accelerated. The amount of the "gross-up" payments shall be determined based on the highest marginal income tax rates applicable to Hosk▇▇▇ ▇▇▇ing the year in question (including the effects of any sur-tax). The "gross-up" calculation shall be made in a manner that results in Hosk▇▇▇ ▇▇▇eiving, after all applicable
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Related to Acceleration Election

  • Acceleration, Etc Upon the occurrence of any Event of Default described in the foregoing Section 10.1(e) or 10.1(f), the Loan shall automatically and immediately terminate and the unpaid principal amount of and any and all accrued interest on the Loan shall automatically become immediately due and payable, with all additional interest from time to time accrued thereon and without presentment, demand or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate or notice of acceleration), all of which are hereby expressly waived by Borrower, and the obligations of Lender to make any further disbursement of the Loan shall thereupon terminate; and upon the occurrence and during the continuance of any other Event of Default, Lender may, by written notice to Borrower, (i) declare that the Loan is terminated, whereupon the Loan and the obligation of Lender to make any further disbursement of the Loan shall immediately terminate, and/or (ii) declare the unpaid principal amount of, any and all accrued and unpaid interest on the Loan and all of the other Obligations to be, and the same shall thereupon be, immediately due and payable with all additional interest from time to time accrued thereon and without presentment, demand, or protest or other requirements of any kind (including without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by Borrower. Without limiting Lender’s authority hereunder, on or after the Maturity Date, Lender may exercise any or all rights and remedies under the Loan Documents or applicable law, including, without limitation, foreclosure upon the Property or any additional collateral.

  • Option Acceleration One hundred percent (100%) of the shares subject to all Options granted to the Employee by the Company prior to the Change of Control shall immediately become vested and exercisable in full upon such Involuntary Termination. Following such acceleration, the Options shall continue to be subject to the terms and conditions of the Company’s stock option plans and the applicable option agreements between the Employee and the Company.

  • Initial Election The Director shall make an initial deferral election under this Agreement by filing with the Company a signed Election Form within 30 days after the Effective Date of this Agreement. The Election Form shall set forth the amount of Fees to be deferred and shall be effective to defer only Fees earned after the date the Election Form is received by the Company.

  • Automatic Acceleration Upon the occurrence of an Event of Default described in Section 8.01(l) or Section 8.01(m) the Facility shall be automatically terminated and the Loans and all other Obligations shall be immediately due and payable upon the occurrence of such event, without demand or notice of any kind.

  • Deferral Election A Participant may elect to defer all or a specified percentage of the Compensation earned in a Plan Year by such Participant for serving as a member of the Board of any Participating Fund or as a member of any committee or subcommittee thereof. Reimbursement of expenses of attending meetings of the Board, committees of the Board or subcommittees of such committees may not be deferred. Such election shall be made by executing before the first day of such Plan Year such election notice as the Administrator may prescribe; provided, however, that upon first becoming eligible to participate in the Plan by reason of appointment to a Board, a Participant may file a Deferral Election not later than 30 days after the effective date of such appointment, which election shall apply to Compensation earned in the portion of the Plan Year commencing the day after such election is filed and ending on the last day of such Plan Year.