Delayed Distribution definition
Examples of Delayed Distribution in a sentence
If the Employee is a "Specified Employee" (as defined in Section 409A) at the time of his Separation from Service, then payments under this Section 7(b) which are not covered by the separation pay plan exemption from Section 409A set forth in Treasury Regulation §1.409A-1(b)(9)(iii), and as such constitute deferred compensation under Section 409A, shall not be paid until the Delayed Distribution Date.
The net proceeds of any such sale, net of tax distributions required to be made pursuant to Section 7.2(a)(i) of the LLC Agreement in respect of such sale, shall be distributed to the Parent to whom such Delayed Distribution Business was to have been transferred.
To the extent that less than all of the Morgan Stanley Delayed Distribution Assets are being transferred on a Delayed Distribution Date, only the Morgan Stanley Delayed Distribution Liabilities related to such transferred Morgan Stanley Delayed Distribution Assets shall be required to be assumed on such date.
To the extent that less than all of the Citigroup Delayed Distribution Assets are being transferred on a Delayed Distribution Date, only the Citigroup Delayed Distribution Liabilities related to such transferred Citigroup Delayed Distribution Assets shall be required to be assumed on such date.
The Delayed Distribution Date set forth below must be a date at least 5 years following the Distribution Date set forth in Section 2 above.
By way of example and not limitation, the Buyer shall not, prior to the assignment, Deemed Assignment or For Cause Termination by the counterparty thereto of any such Delayed Distribution Agreement, enter into a distribution agreement with such counterparty for the licensing or distribution of any Images that are included within the Purchased Assets.
If I elect to receive an In-Service Distribution or a Delayed Distribution, I understand that my Deferral distributed after my Settlement Date will be adjusted accordingly.
If a distribution of Current Class A Return or Priority Class A Return is not made on or before the 10th day of a calendar month (a "Delayed Distribution"), the Current Class A Return, the Priority Class A Return (if any) and the Total Class A Return shall be calculated by increasing the annual percentage rate therein by 3.5% from the 11th day of such calendar month until such time as all Delayed Distributions are made.
If the Executive is a Specified Employee (as defined in Section 409A) at the time of his Separation from Service, then payments under this Section 6(c) which constitute deferred compensation under Section 409A shall not be paid until the 185th day following the Executive's Separation from Service, or his earlier death (the Delayed Distribution Date).
Any payments deferred on account of the preceding sentence shall be accumulated without interest and paid on the Delayed Distribution Date in accordance with the preceding sentence and Section 409A of the Code.