Incentive Payments definition

Incentive Payments means any and all federal or state governmental subsidies, payments, transfers or other benefits, whether now or hereafter established, received by the Borrower in any fiscal year aged less than 120 days.
Incentive Payments. The term “Incentive Payments” shall mean any cash incentive compensation paid based on an annual performance period (whether pursuant to the Company’s Senior Executive Management Performance Plan or any successor similar plan or through any other means), without regard to any reduction thereof elected by the Employee pursuant to any qualified or non-qualified salary reduction arrangement maintained by the Company, including, without limitation, the SIP Plan and the Deferred Compensation Plan.
Incentive Payments means any and all federal or state governmental subsidies, payments, transfers or other benefits, whether now or hereafter established, received by the Borrower.

Examples of Incentive Payments in a sentence

  • Erie shall provide Lafayette updated statements of Erie Incentive Payments agreed to or incurred by Erie and TOEURA at least every June 1 and January 1 thereafter as long as this Agreement is in effect.

  • Incentive Payments will begin the year following the year in which the Developer completes and receives a Certificate of Occupancy for the Project.

  • Within 30 days after the Effective Date, Erie and TOEURA shall provide to Lafayette a statement of Erie Incentive Payments agreed to by Erie and TOEURA prior to the Effective Date, and a statement of Erie Incentive Expenses incurred by Erie and TOEURA prior to the Effective Date, along with complete copies of all agreements underlying such incentives.

  • The Developer shall forfeit all rights to the Incentive Payments set forth in Section 3 of this Agreement if the Developer fails to meet the Performance Criteria set forth in Section 4(a) and (b) and Article II.

  • The Performance Incentive Payment will be subject to any restrictions or limitations set forth in the Code Section, but so long as the requirements of the Code Section and the terms of this Agreement are met the Performance Incentive Payments shall continue to be made by the Partnership.


More Definitions of Incentive Payments

Incentive Payments means any compensation paid to a Participant under any incentive plans or bonus arrangements of the Company with respect to which the Administrator in its discretion permits deferrals to be made hereunder, relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year.
Incentive Payments means payments made under the Oklahoma
Incentive Payments. The term “Incentive Payments” shall mean any cash incentive compensation paid based on an annual performance period (whether pursuant to the Company’s Management Performance Plan or any successor similar plan or through any other means).
Incentive Payments means any compensation payable to a Participant under the Annual Incentive Plan, Employee Incentive Plan, Sales Incentive Plan or Service Incentive Plan.
Incentive Payments means any pass-through payments made to end-use customers for purposes of incentivizing such customers to participate in a Project.
Incentive Payments means any compensation paid to a Participant under any cash or stock incentive plans or bonus arrangements of the Company with respect to which the Administrator in its discretion permits deferrals to be made hereunder, which compensation is based on the performance by the Participant of services for the Company over a period of at least twelve (12) months (whether or not paid in such performance period or included on the Federal Income Tax Form W-2 for such performance period) and which qualifies as “performance-based compensation” under Section 409A.
Incentive Payments means payments of the "Entitlement Amount" as defined in and pursuant to the Incentive Payment Agreement.