Second Eligible Payment Sample Clauses

Second Eligible Payment. Prior to the Cy Pres payment, Settlement Class Members who received an eligible payment pursuant to the Agreement will receive a second pro rata payment to the extent such a payment is economically feasible (e.g., more than $5.00) (the “Second Eligible Payment”).
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Second Eligible Payment. Prior to any distribution to the Cy Pres Recipient, Authorized Claimants who successfully received their Individual Allocated Payment Amounts (i.e., who either cashed a settlement check or whose electronic transmission was successful) will receive a second pro rata payment to the extent such a payment is economically feasible (e.g., more than $5.00). The amount of the Second Eligible Payments will be calculated by dividing the amount remaining in the Settlement Fund after distribution of Individual Allocated Payment Amounts by the number of Authorized Claimants who successfully received an Individual Allocated Payment Amount. Second Eligible Payments will be transmitted via the same method that was used to distribute the Individual Allocated Payment Amounts.
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Second Eligible Payment. Prior to the Cy Pres payment, if the amount of settlement checks that are uncashed more than 180 days after distribution can be distributed economically, Settlement Class Members that cashed their check from the first distribution payment pursuant to the Agreement will receive a second pro rata payment of the Net Settlement Fund to the extent such a payment is economically feasible (e.g., more than $5.00) (the “Second Eligible Payment”).
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Related to Second Eligible Payment

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • Lump Sum Severance Payment Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated Bonus, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

  • PRE-PAYMENT The Tenant shall: (check one)

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Bonus Payment Executive will receive a lump-sum payment equal to one hundred fifty percent (150%) of the higher of (A) the greater of (x) Executive’s target bonus for the fiscal year in which the Change of Control occurs (as in effect immediately prior to the Change of Control) or (y) Executive’s target bonus as in effect for the fiscal year in which Executive’s termination of employment occurs, or (B) Executive’s actual bonus for performance during the calendar year prior to the calendar year during which the termination of employment occurs. For avoidance of doubt, the amount paid to Executive pursuant to this Section 3(b)(iii) will not be prorated based on the actual amount of time Executive is employed by the Company during the fiscal year (or the relevant performance period if something different than a fiscal year) during which the termination occurs.