Backdate definition

Backdate or “Backdating” means a loan adjustment applied retroactively, resulting in the reprocessing of all loan transactions from the effective date of the loan adjustment going forward to ensure the adjustment is fully incorporated and reflected in the loan history and amounts owed, or other appropriate adjustment as provided in the approved Redress Plan, as described in Section VIII.

Examples of Backdate in a sentence

  • Backdate pay increase to nominal expiry date of the previous Agreement.

Related to Backdate

  • Strike Priceprevious means the Strike Price applicable before the latest Reset Date and, if the latest Reset Date is the first Reset Date after the First Trading Date, the Initial Strike Price as defined under the definition of "Strike Price".

  • Company ESPP means the Company’s 2021 Employee Stock Purchase Plan.

  • SOP means standard operating procedure.

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • Notice Plan means and refers to the plan to disseminate Notice of the Settlement Agreement to the Settlement Class that comports with due process.