Cash Option has the meaning set out in Section 2.1(a);
Cash Option means a provision in any Contract which provides for the application of interest payments theretofore made by the related Obligor against the Outstanding Principal Balance of the related Receivable if such Obligor shall pay the Outstanding Principal Balance (less the interest to be so credited) on or prior to the end of the related Cash Option Period.
Cash Option means the manner in which the "Top Prize" or "Second Prize" may be paid upon the winner's request in one single cash payment as an alternative to the "Annuitized Payment Option." "Lump Sum Cash Payment" shall mean the manner in which the "Top Prize" or "Second Prize" is required to be paid in one single cash payment when the liability limit is exceeded and no "Annuitized Payment Option" is available, as set forth in this rule.
Examples of Cash Option in a sentence
Prizes are not transferable and may only be redeemed for cash if the Cash Option prize is necessary.
If the winner cannot arrive at a Plan, then Windows, Doors & More will award the winner the Cash Option (see description below).
More Definitions of Cash Option
Cash Option means that the manner in which the Jackpot Prize shall be paid is an initial cash payment followed shortly thereafter by a lump sum cash payment for the remaining portion of the Jackpot Prize. Refer to Section H.4.b (“Prize Structure”).
Cash Option. The Board shall provide a cash option in lieu of health benefits. The amount of the cash option shall be $250 per month in an adopted, qualified plan which complies with Section 125 of the Internal Revenue Code. The monthly amount will increase to three hundred dollars ($300) if the number of employees not enrolling in health insurance increases to 30 or above. The number of employees not taking health insurance will be calculated once a year on January 1. The Board will also provide the same Dental, Vision, Income Continuation Plan, and Life insurance as specified above under Plan A. The hospitalization plan shall not include any coverages which the Employer is prohibited from funding under the State School Aid Act. Employees may, with the consent of the insurance carrier and underwriter, elect to purchase such coverage(s) at employee expense.
Cash Option means you pay for the Unit and its installation on the Effective Date and thereafter pay a monthly Service fee;
Cash Option means the option offered to holders of General Unsecured Claims and Trade Vendor Claims to forego the Equity Option and instead receive a payment in Cash, as set forth in Sections 4.3(d) and (e) of the Plan.
Cash Option means $15.60;
Cash Option. The Board shall provide a cash option in lieu of health benefits. The amount of the cash option shall be $250.00 per month in an adopted, qualified plan which complies with Section 125 of the Internal Revenue Code. The Board will also provide the same Dental, Vision, Income Continuation Plan, and Life insurance as specified above under Plan A. The hospitalization plan shall not include any coverages which the Employer is prohibited from funding under the State School Aid Act. Employees may, with the consent of the insurance carrier and underwriter, elect to purchase such coverage(s) at employee expense.
Cash Option shall have the meaning given in Section 4.2(a)(iii).