Supplemental Payment. In the event that NYISO determines that a Prepayment is less than the charges incurred or estimated to be incurred by Customer for purchases of Energy and Ancillary Services in the week for which the Prepayment is made, Customer shall make a supplemental payment upon written demand by NYISO. NYISO shall specify in its demand the amount of the supplemental payment and the time for such payment to be made; provided, however, that the payment shall not be due sooner than 4:00 P.M. EST on the next business day.
Supplemental Payment. Notwithstanding the foregoing:
Supplemental Payment. If Executive incurs gross income inclusion, interest, or additional tax on Deferred Compensation payments pursuant to Code Section 409A, Xxxxxxx will make a supplemental payment to Executive in an amount sufficient to pay the income tax liability on the sum of those Deferred Compensation payments and the supplemental payment.
Supplemental Payment. A. The total of the Supplemental Payments made pursuant to this Article shall not exceed for any calendar year of this Agreement an amount equal to the greater of One Hundred Dollars ($100.00) per student per year in average daily attendance, as defined by Section 42.005 of the TEXAS EDUCATION CODE, or Fifty Thousand Dollars ($50,000.00) per year times the number of years beginning with the first complete or partial year of the Qualifying Time Period identified in Section 2.3.C and ending with the year for which the Supplemental Payment is being calculated minus all Supplemental Payments previously made by the Applicant;
Supplemental Payment. 20 TERM................................................................................20
Supplemental Payment. A supplemental payment of $15,000 per annum (the “Supplemental Payment”), which shall be paid in accordance with the Company’s customary payroll practices which are in effect from time to time during the Employment Term.
Supplemental Payment. In the event that the Company or its Subsidiaries become liable for a Supplemental Payment, the Company shall pay to the Notes Purchasers and the Royalty Purchasers an amount of cash (the "Supplemental Payment Gross Up"), allocated among the Notes Purchasers and the Royalty Purchasers in the manner specified by the Majority Purchasers (which manner shall be intended to reflect the relative percentage interests of ownership of Company securities of the Purchasers and their ultimate investors), equal to an amount that if such amount of the Supplemental Payment Gross Up is divided by the sum of (i) such amount of the Supplemental Payment Gross Up and (ii) the amount of the Supplemental Payment, would represent a percentage that is equal to the Investor Percentage Interest (as defined in the Investors Rights Agreement) at such time. Any such payment of the Supplemental Payment Gross Up shall be made at the same time as the payment of the Supplemental Payment.
Supplemental Payment. If, during the period commencing on the Effective Date and ending on the earlier of the date of the Spinoff or August 24, 2008, Acuity elects as its President an individual other than Xxxxxx X. Xxxxx or Executive (the date of such election is hereinafter referred to as the “Election Date”), Executive shall be entitled to receive a lump sum payment of $500,000 (subject to all applicable withholding taxes),
Supplemental Payment. (a) In exchange for the consideration given by the Executive pursuant to Article IV of the Agreement and the execution of the Waiver and Release (as defined in Section 3.6(b), the Executive shall be entitled to receive an amount equal to $150,000 payable in a cash lump sum payment on January 31, 2014, subject to Section 4.5 of the Agreement (the “Supplemental Payment”).
Supplemental Payment. The District will provide a one-time payment of $1500 to each member of the Confidential Staff Bargaining Unit. The payment will made in January of 2014. Employees will be given the option of receiving either a separate check for $1,500 or a $1,500 contribution to the employee’s unreimbursed medical account for 2014.
