Payment of the Award Sample Clauses

Payment of the Award. 4.1 The payments to be made by the Academy to the Recipient are set out in Annex D.
AutoNDA by SimpleDocs
Payment of the Award. E.1 PAYMENT TIMING Except as otherwise provided below, vested Payout Share Units that remain outstanding will be settled as soon as practicable following the applicable Final Award Date (and no later than (x) December 31st following the year of death, in the event of your death, or (y) March 15th following the year the Award vests).
Payment of the Award. Except as provided in subsection 2(l) below, as soon as practicable after the date the Restricted Stock Units vest (including vesting upon a separation from service pursuant to subsection 2(d) below), the Company will deliver to the Grantee (A) one Share for each vested Restricted Stock Unit, with any fractional Shares resulting from proration pursuant to subsection 2(d) to be rounded to the nearest whole Share (with 0.5 to be rounded up) and (B) an amount in cash attributable to any dividend equivalents earned in accordance with subsection 2(b) above, in the case of (A) and (B) less any Shares or cash withheld in accordance with subsection 2(e) below.
Payment of the Award. E.1 PAYMENT TIMING Except as otherwise provided below, vested RSUs that remain outstanding will be settled as soon as practicable following (i) the applicable Scheduled Vesting Date (but no later than March 15th following the year the applicable Scheduled Vesting Date occurs), or (ii) your date of death, if your date of death is prior to the last Scheduled Vesting Date (but no later than December 31st of the year following the year of your death).
Payment of the Award. Any monetary award shall be made and payable in US$ free of any tax, deduction or set off. Each party against which the Award assesses a monetary obligation shall pay that obligation on or before the 30th day following the date of the Award or such other date as the Award may provide. The arbitral tribunal shall have the authority to award any remedy or relief proposed by the claimant(s) or respondent(s) in accordance with the terms of this Agreement, including, a declaratory judgment, specific performance of any obligation created under this Agreement or the issuance of any injunction.
Payment of the Award. E.1 PAYMENT TIMING Except as otherwise provided below, vested Payout Share Units that remain outstanding will be settled as soon as practicable following (i) the applicable Scheduled Vesting Date (and no later than March 15th following the year the Award becomes fully vested), or (ii) your date of death, if your date of death is prior to the applicable Scheduled Vesting Date (and no later than December 31st of the year following the year of your death).
Payment of the Award. Any portion of the Award Amount that becomes vested shall be paid in cash (except as otherwise provided in Section 6) as soon as practicable following the date on which it became vested (but in no event later than (a) five (5) business days after such vesting date or (b) if earlier, immediately prior to the consummation of a Change of Control). Such payment shall be made to the Employee or, in the event of the Employee’s death, to the person(s) indicated in Section 12.
AutoNDA by SimpleDocs
Payment of the Award. Any monetary award shall be made and payable in Japanese yen, free of any tax, deduction or offset. Each Party against which the Award assesses a monetary obligation shall pay that obligation on or before the thirtieth (30th) day following the date of the Award or such other date as the Award may provide. The Tribunal shall have the authority to award any remedy or relief proposed by a Party in accordance with the terms of this Agreement, including a declaratory judgment, specific performance of any obligation created under this Agreement or the issuance of an injunction.
Payment of the Award. Except as provided in subsection 2(l) below, as soon as practicable after the date the Restricted Stock Units vest (including vesting upon a separation from service pursuant to subsection 2(d) below), the Company will deliver to the Grantee (A) one Share for each vested Restricted Stock Unit, with any fractional Shares resulting from proration pursuant to subsection 2(d) to be rounded to the nearest whole Share (with 0.5 to be rounded up) and (B) an amount in cash attributable to any dividend equivalents earned in accordance with subsection 2(b) above, in the case of (A) and (B) less any Shares or cash withheld in accordance with subsection 2(e) below. In the case of a payment on account of a separation from service, if the Threshold has not been achieved prior to the Grantee’s separation from service but is achieved within the Performance Period, payment of vested RSUs shall be made as soon as practicable after the achievement of the Threshold, subject to subsection 2(l) below.
Payment of the Award. In compliance with the Award, the REPUBLIC agrees to pay GOLD RESERVE seven hundred and sixty nine million six hundred and eighty one thousand eight hundred and twenty three dollars of the United States of America (US$ 769,681,823), which corresponds to the amount determined by the Award, including interest accrued only up until February 24, 2016 (date in which the PARTIES entered into the MEMORANDUM) as a concession granted by GOLD RESERVE to the REPUBLIC. This payment shall be made to GOLD RESERVE using resources from the financing to be obtained by the REPUBLIC for such purposes. Once the resources for the payment are obtained, such payment shall be made as follows: a first initial payment of six hundred million dollars of the United States of America (US$ 600,000,000) (the "First Payment") on or before October 31, 2016, and a second payment of one hundred and sixty nine million six hundred and eighty one thousand eight hundred and twenty three dollars of the United States of America (US$ 169,681,823) (the "Second Payment") on or before December 31, 2016. The First Payment, together with the Second Payment, herein defined as the "Integral Payment"). If the First and Second Payments are not made by the REPUBLIC, and received by GOLD RESERVE, within the term set forth in this paragraph, GOLD RESERVE may at its sole discretion, unilaterally terminate this Agreement for which it must notify the REPUBLIC in writing its intention to terminate this Agreement, without requiring a court ruling or any decision from any judicial authority, and without any liability resulting to GOLD RESERVE. The PARTIES agree to suspend the computation of interest over the amount of the Second Payment from February 24, 2016 (date in which the PARTIES executed MEMORANDUM), provided that GOLD RESERVE receives the Second Payment before January 01, 2017. If GOLD RESERVE does not receive the Second Payment on time, interest on the Second Payment will be computed and owed until full payment of the Second Payment, as if no suspension on the computation of interest had ever taken place. Without prejudice of anything provided in this Agreement, the REPUBLIC will use the proceeds from any financing it closes after the execution of this Agreement, to pay GOLD RESERVE the amounts owed under this Agreement in preference to any other creditor.
Time is Money Join Law Insider Premium to draft better contracts faster.