Deferred Payment definition

Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

Deferred Payment has the meaning given in Section 2.2.

Deferred Payment means all amounts equal to amounts distributed to the Seller pursuant to Section 2.8C(G) of the Administration Agreement (exclusive of the amount of any such distribution attributable to the reduction from time to time of the Specified Reserve Account Balance).

Examples of Deferred Payment in a sentence

• Specifically, the Principal Amount represents the entire cash component of the Deferred Payment under the Purchase Agreement payable to the Holder on the Deferred Payment Date, which the parties intend to satisfy by delivery of this Note by the Company to the Holder.

• The parties agree that the representations and warranties set forth in Section 6.1(a) of the Purchase Agreement shall remain in full force and effect through the Deferred Payment Date, after which time such representations and warranties shall terminate and no longer be in full force and effect.

• SKYX shall issue the Deferred Equity Consideration due to Sellers on the Deferred Payment Date, in accordance with Section 2.6 of the Purchase Agreement.

• SKYX shall make payment of the compensatory bonuses set forth in Schedule 7.13 of the Purchase Agreement on the Deferred Payment Date in accordance with Section 7.13 of the Purchase Agreement.

• The parties agree to accelerate the Escrow Release Date under Section 6.7 of the Purchase Agreement to the Deferred Payment Date, and SKYX shall authorize the release of the balance on the Deferred Payment Date.

More Definitions of Deferred Payment

Deferred Payment shall have the meaning set forth in Section 2.6(b).

Deferred Payment means any severance pay or benefits to be paid or provided to you (or your estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to you (or your estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

Deferred Payment means any payment to be made under the terms of a grain purchase contract after delivery of the grain to the public warehouseman;

Deferred Payment means the deferral of payment to a depositor by a licensed handler for an agricultural commodity to which the licensed handler has taken title, for the purpose of deferring income of the depositor from one tax year to another.

Deferred Payment will have the meaning set forth in Section 3.3(d).

Deferred Payment means, in respect of an Instalment and to the extent applicable, the payment of such Instalment by the Buyers to the Sellers (or the Sellers’ Account, as applicable) for the purpose of reimbursing the Sellers after the Sellers have (whether utilising their own funds or from whatever source of funds they may select) settled the corresponding instalment of the Contractual Purchase Price under the Building Contract directly with the Builder.

Deferred Payment means the Insured’s interest in lost or damaged personal property sold by the Insured under a conditional sale or trust agreement or under any instalment or deferred payment plan after delivery to the buyer.