Payment of Termination Compensation Sample Clauses

Payment of Termination Compensation. In the event that the Partial Break-Fee or the Full Break-Fee becomes due and payable in accordance with ‎Section 11.3, then:
Sample 1Sample 2
AutoNDA by SimpleDocs
Payment of Termination Compensation. 20.11.1 If there exists as of the expiration of the Term, any outstanding unpaid amount owing from IFA to Developer, or any outstanding, unsatisfied Claim for sums owing from IFA to Developer, including any unpaid Termination Compensation, then the terms and conditions of this Section 20.11 shall apply, and shall survive termination.
Sample 1Sample 2
Payment of Termination Compensation. (a) The Termination Compensation pursuant to this Agreement shall become due and payable to the Project SPV by the Authority within 30 Days of a demand being made by the Project SPV with the necessary particulars duly certified by an independent auditor. The Termination Compensation shall be paid by the Authority only upon transfer of the Project in accordance with Clause 25.
Sample 1Sample 2
Payment of Termination Compensation. The Grantor shall pay the Termination Compensation to the Concessionaire in one or several instalments on the latest on a date referred to as the "Termination Compensation Due Date". The Termination Compensation Due Date shall be:
Sample 1
Payment of Termination Compensation. 20.4.1. The Termination Compensation pursuant to this Agreement shall become due and payable to the Concessionaire by the Authority within 30 Days of a demand being made by the Concessionaire with the necessary particulars duly certified by an independent auditor. The Termination Compensation shall be paid by the Authority only upon transfer of the Project in accordance with Clause 23.
Sample 1
Payment of Termination Compensation. Except as otherwise provided below, the Termination Compensation shall be paid in monthly installments over the twelve (12) months following the event giving rise to the payment of Termination Compensation. If employment termination is a result of the death of Xxxxxx, the initial Termination Compensation payments shall be made within fifteen (15) days after the personal representative of Xxxxxx' estate notifies the Company that Letters Testamentary have been issued to the estate appointing an authorized representative of the estate.
Sample 1
Payment of Termination Compensation. 19.9.1 Termination Compensation for termination pursuant to Section 19.1 or Section
Sample 1
AutoNDA by SimpleDocs
Payment of Termination Compensation and Attachment 13 (Compensation on Termination) of the Concession Agreement required to be made to the Concessionaire under the Concession Agreement to an account designated by the Agent.
Sample 1

Related to Payment of Termination Compensation

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Severance Compensation upon Termination of Employment If the Company shall terminate the Executive’s employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive as severance pay in a lump sum, in cash, on the fifth day following the Date of Termination, an amount equal to three (3) times the average of the aggregate annual compensation paid to the Executive during the three (3) fiscal years of the Company immediately preceding the Change of Control by the Company subject to United States income taxes (or, such fewer number of fiscal years if the Executive has not been employed by the Company during each of the preceding three (3) fiscal years).

  • Other Termination Benefits In addition to any amounts or benefits payable upon a Termination of Employment hereunder, Executive shall, except as otherwise specifically provided herein, be entitled to any payments or benefits provided under the terms of any plan, policy or program of the Company in which Executive participates or as otherwise required by applicable law.

  • Compensation and Benefits Upon Termination of Employment (a) If the Company shall terminate the Executive's employment after a Change in Control other than pursuant to Section 3(b), 3(c) or 3(d) and Section 3(f), or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive, as severance compensation and in consideration of the Executive's adherence to the terms of Section 5 hereof, the following:

  • Compensation in the Event of Termination In the event that the Executive’s employment hereunder terminates prior to the expiration of this Agreement for any reason provided in Section 5 hereof, the Company shall pay the Executive, compensation and provide the Executive and the Executive’s eligible dependents with benefits as follows:

  • Termination Benefits (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

  • Compensation and Benefits Upon Termination (a) If Executive’s employment is terminated by reason of death or Disability, the Company shall pay Executive’s Base Salary, at the rate then in effect, in accordance with the payroll policies of the Company, through the date of such termination (in the event of Executive’s death, the payments will be made to Executive’s beneficiaries or legal representatives) and Executive shall not be entitled to any further Base Salary or any applicable bonus, benefits or other compensation for that year or any future year, except as may be provided in Sections 5(d) or (e) below or an applicable benefit plan or program, or to any severance compensation of any kind, nature or amount.

  • Post-Termination Benefits If the Executive's employment shall be terminated for any reason following a Change in Control and during the Term, the Company shall pay to the Executive the Executive's normal post-termination compensation and benefits as such payments become due. Such post-termination compensation and benefits shall be determined under, and paid in accordance with, the Company's retirement, insurance and other compensation or benefit plans, programs and arrangements as in effect immediately prior to the Date of Termination or, if more favorable to the Executive, as in effect immediately prior to the occurrence of the first event or circumstance constituting Good Reason.

  • ADDITIONAL COMPENSATION AND BENEFITS The Executive shall receive the following additional compensation and welfare and fringe benefits:

Time is Money Join Law Insider Premium to draft better contracts faster.