Date of Payment Sample Clauses

Date of Payment. Should the principal of or interest on the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.
AutoNDA by SimpleDocs
Date of Payment. Payments by the NA are considered to have been carried out on the date when they are debited to its account unless the national law provides otherwise.
Date of Payment. Payments by the [Commission][Agency] are considered to have been carried out on the date when they are debited to its account.
Date of Payment. Longevity pay shall be paid on separate payroll once a year on or about January 15, for the previous calendar year. Longevity pay shall not be given in advance. Upon the termination of his/her employment with the City, an employee's accumulated longevity pay will then be paid.
Date of Payment. If the date on which a payment of principal or interest on the Loan is due is a day other than a Business Day, then payment of such principal or interest need not be made on such date but may be made on the next succeeding Business Day.
Date of Payment. The payment provided for in Section 3.1.1 and Section 3.2 hereof shall be made not later than the fifteenth (15th) day following the Date of Termination; provided, however, that if the amounts of such payments cannot be finally determined on or before such day, the Company shall pay to the Executive on such day an estimate, as determined in good faith by the Company, of the minimum amount of such payments to which the Executive is likely to be entitled to and shall pay the remainder of such payments (together with interest at the rate provided in section 1274(b)(2)(B) of the Code) as soon as the amount thereof can be determined but in no event later than the thirtieth (30th) day after the Date of Termination. In the event that the amount of the estimated payments exceeds the amount subsequently determined to have been due, such excess shall constitute a loan by the Company to the Executive, payable on the fifth (5th) business day after demand by the Company (together with interest at the rate provided in section 1274(b)(2)(B) of the Code). At the time that payments are made under this Section 3.3, the Company shall provide the Executive with a detailed written statement setting forth the manner in which such payments were calculated and the basis for such calculations including, without limitation, any opinions or other advice the Company has received from outside counsel, auditors or consultants (and any such opinions or advice which are in writing shall be attached to the statement).
Date of Payment. Payment of progress payments and final payment will be made no later than 30 calendar days after receipt by the contracting officer of a proper request, as set out in the above paragraphs. The date of payment is the date on the check issued in payment or the date an electronic transfer is made.
AutoNDA by SimpleDocs
Date of Payment. The payments provided for in Section 6.1.(a) and Section 6.2 hereof shall , unless deferred pursuant to the last sentence of this Section 6.3, be made not later than the fifteenth (15th) day following the Date of Termination; provided, however, that if the amounts of such payments cannot be finally determined on or before such day, the Company shall pay to the Executive (subject to the last sentence of this Section 6.3) on such day an estimate, as determined in good faith by the Company, of the minimum amount of such payments to which the Executive is likely to be entitled to and shall pay the remainder of such payments (together with interest at the rate provided in section 1274(b)(2)(B) of the Code) as soon as the amount thereof can be determined but in no event later than the thirtieth (30th) day after the Date of Termination. In the event that the amount of the estimated payments exceeds the amount subsequently determined to have been due, such excess shall constitute a loan by the Company to the Executive, payable on the tenth (10th) business day after demand by the Company (together with interest at the rate provided in section 1274(b)(2)(B) of the Code). At the time that payments are made or would have been made, disregarding for this purpose only, any deferral effected by the Executive, under this Section 6.3, the Company shall provide the Executive with a detailed written statement setting forth the manner in which such payments were calculated and the basis for such calculations including, without limitation, any opinions or other advice the Company has received from outside counsel, auditors or consultants (and any such opinions or advice which are in writing shall be attached to the statement). The Executive may irrevocably elect, in a writing delivered to the Company no later than the last day of the calendar year preceding the calendar year in which occurs the Change in Control, to defer the receipt of any payment to which the Executive may become entitled to under Section 6.1 of this Agreement for the period of time specified in such writing.
Date of Payment. The portion of the Tax Reimbursement Payment attributable to a Covered Payment shall be paid to the Executive within ten (10) business days following the payment of the Covered Payment. If the amount of such Tax Reimbursement Payment (or portion thereof) is due, the Company shall pay to the Executive, an amount estimated in good faith by the Accountants to be the minimum amount of such Tax Reimbursement Payment and shall pay the remainder of such Tax Reimbursement Payment (which Tax Reimbursement Payment shall include interest at the rate provided in Section 1274(b)(2)(B) of the Code) as soon as the amount thereof can be determined, but in no event later than forty-five (45) calendar days after payment of the related Covered Payment. In the event that the amount of the estimated Tax Reimbursement Payment exceeds the amount subsequently determined to have been due, such excess shall be repaid or refunded pursuant to the provisions of Section 7(e) above.
Date of Payment. The amount provided for in Section 3.1 shall be paid in a single lump sum cash payment within ten (10) days after the effective date of the Change in Control (or earlier, if required by applicable law).
Time is Money Join Law Insider Premium to draft better contracts faster.