Compensatory Payment definition

Compensatory Payment means any payment hereunder made to an Award Holder in respect of any Ownership Percentage attributable to a Stock Award.

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Compensatory Payment means a payment of the kind mentioned in subsection (2),

Compensatory Payment has the meaning set forth in Section 10.5.

Examples of Compensatory Payment in a sentence

• Notwithstanding any other provision of this Agreement, no Compensatory Payments shall, except as provided in Section 3.03(b) and Section 3.03(c), be made under this Agreement other than on the Compensatory Payment Settlement Date.

• No Existing Stockholder shall have a right to receive any Compensatory Payments (other than the payment contemplated by the preceding sentence) with respect to any ITR Payments made subsequent to the Compensatory Payment Settlement Date.

• In the event a Casualty Sale occurs within such three (3) month period, Landlord shall provide Tenant with notice of the closing thereof and a written demand for the Compensatory Payment setting forth in reasonable detail the calculation thereof (the “Compensatory Payment Statement”).

• Landlord shall have a period of three (3) months after the Compensatory Payment Date to attempt to sell the affected Facility to an independent third party in an arms-length transaction and the gross purchase price payable to Landlord in connection with such transaction shall be deemed to be the Fair Market Value of the Post-Casualty Facility (a “Casualty Sale”).

• The calculation of the Compensatory Payment shall exclude from the timeline calculation allowable delays that are beyond the Approved Subservicer’s control, including, but not limited to, court mandated and processing delays, Homeowner Borrower Relief regulations, other regulatory or compliance issues, including restarts, holds and delays, and the allowable delays set forth in the ▇▇▇▇▇▇ ▇▇▇ Servicing Guide, Part I, Section 201.11.07 (subject to any amendments or changes to such guide).

More Definitions of Compensatory Payment

Compensatory Payment. Hours worked in excess of the below specified hours but less than forty (40) shall not be compensated, provided that for such time so worked, compensatory overtime shall be accrued at the rate equal to the time so worked and compensatory time off shall be granted by the Employer within the fiscal year earned at a time convenient to the employee consistent with the operating needs of the Employer, and if not so granted or taken, it shall be liquidated in cash before the end of the fiscal year in which earned. Correctional Officers.................38 3/4 hours Employees in other position classifications except Youth Counselors, Youth Supervisors and Dietary employees in Juvenile Facilities.........37 1/2 hours d) "Work Day and Work Week" (i) Correctional Officers - 38 3/4 hours consisting of five (5) consecutive days of 8 1/4 consecutive hours, including an unpaid lunch period of thirty (30) minutes per day and a roll-call period of fifteen

Compensatory Payment means the additional amounts payable to the Service Provider by BBMP and calculated in the manner set out in Clause 7.6.

Compensatory Payment means a compensatory payment under Article 2(2) of Council Regulation 1765/92;

Compensatory Payment has the meaning given to it in Clause 13.1;

Compensatory Payment means a payment made to a Claimant pursuant to the categories specified in paragraphs 30(a)(i)-(iii) of this Settlement Agreement.

Compensatory Payment. As defined in Section 14.2(a).

Compensatory Payment. Hours worked in excess of the below specified hours but less than forty (40) shall not be compensated, provided that for such time so worked, compensatory overtime shall be accrued at the rate equal to the time so worked and compensatory time off shall be granted by the Employer within the fiscal year earned at a time convenient to the employee consistent with the operating needs of the Employer, and if not so granted or taken, it shall be liquidated in cash before the end of the fiscal year in which earned. Correctional Officers.................38 3/4 hours Employees in other position classifications except Youth Counselors, Youth Supervisors and Dietary employees in Juvenile Facilities.........37 1/2 hours d) "Work Day and Work Week" (i) Correctional Officers - 38 3/4 hours consisting of five (5) consecutive days of 8 1/4 consecutive hours, including an unpaid lunch period of thirty (30) minutes per day and a roll-call period of fifteen (15) minutes per day which shall be paid for in accordance with Section 20 of this Article. (ii) Employees in other position classifications except Youth Counselors, Youth Supervisors and Dietary employees in Juvenile facilities consisting of five (5) consecutive days of eight (8) consecutive hours, including a thirty (30) minute unpaid lunch period per day. (iii) Youth Supervisors, Youth Counselors and Dietary employees position classifications in juvenile facilities - forty (40) hours, consisting of five (5) consecutive days of eight (8) hours, including a thirty (30) minute paid lunch period per day.