Delayed Payments definition

Delayed Payments shall have the meaning set forth in Section 6.4 hereof.
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Delayed Payments means the Relevant Marketing Approval Payment and the Delivered Product Payment.
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Examples of Delayed Payments in a sentence

  • Any payments due under this Agreement other than the Delayed Payments shall be paid in accordance with the normal payment dates specified herein.

  • In no case will the delay of any of the Delayed Payments by Company constitute a breach of Company’s obligations under this Agreement.

  • Any payments other than the Delayed Payments shall be paid in accordance with the normal payment dates specified herein.

  • Any payments other than the Delayed Payments shall be paid in accordance with the normal payment dates specified in this Agreement.

  • In no case will the delay of any of the Delayed Payments by EXCO constitute a breach of EXCO’s obligations to Executive.

  • Any Delayed Payments shall bear interest at the United States 5-year Treasury Rate plus 2%, which accumulated interest shall be paid to Executive as soon as the 409A Deferral Period ends.

  • Upon the expiration of the Delay Period (the “Permissible Payment Date”), all Delayed Payments (whether they would have otherwise been payable in a single sum or in installments in the absence of such delay) shall be paid or reimbursed to the Executive in a lump sum on the Permissible Payment Date, and any remaining payments and benefits due under this Agreement shall be paid or provided in accordance with the normal payment dates specified for them herein.

  • In no case will the delay of any of the Delayed Payments by the Bank constitute a breach of the Bank’s obligations to the Executive.

  • Notwithstanding the foregoing, all reimbursements relating to the Additional Delayed Payments (as defined in Section 9) shall be made on the Permissible Payment Date (as defined in Section 9).

  • The amount of such fund shall equal a good faith estimate of the Delayed Payments determined by the Company in consultation with the Specified Employee.

Related to Delayed Payments

  • Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.