Initial Installment Date definition

Initial Installment Date means the date that is the earlier of (A) the Effective Date (as defined in the Registration Rights Agreement), and (B) the date that is 60 days from the Issuance Date of this Note.

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Initial Installment Date means the date that is three (3) calendar months from the Issuance Date of this Note.

Initial Installment Date means the date that is 90 days from the Issuance Date of this Note.

Examples of Initial Installment Date in a sentence

If the Covered Fund Value exceeds the Benefit Base on the Initial Installment Date, then the Covered Fund Value will become the Benefit Base and the ▇▇▇ will be based on that amount.
The ▇▇▇ is calculated by multiplying the Benefit Base by the ▇▇▇ percentage (▇▇▇%), based on the age of the Covered Person(s) on the Initial Installment Date.
Age at Initial Installment Date: 60 Attained Age: 70 Covered Fund Value = $120,000 Current Benefit Base = $125,000 Current ▇▇▇% before Ratchet Date: 4% Attained Age ▇▇▇% after Ratchet Date: 6% (Current ▇▇▇%) x (Current Benefit Base) = 4% x $125,000 = $5,000 (Attained Age ▇▇▇%) x (Covered Fund Value) = 6% x $120,000 = $7,200 Because the new ▇▇▇ ($7,200) is greater than the current ▇▇▇ ($5,000), there is a Reset.
During the Withdrawal Phase, the Ratchet Date is the Initial Installment Date and each anniversary of the Initial Installment Date thereafter.
Installment Frequency Options are as follows: • Annual - the ▇▇▇ will be paid on the Initial Installment Date and each anniversary annually thereafter.

More Definitions of Initial Installment Date

Initial Installment Date means April 1, 2011.

Initial Installment Date means the first Quarterly Installment Date that occurs on or after you complete 12 months of continuous Service following the Vesting Commencement Date. “Quarterly Installment Date” shall mean each March 10, June 10, September 10 and December 10, as applicable. “Subsequent Installment RSUs” shall equal the Total Number of RSUs (as set forth in the Notice of Restricted Stock Unit Award) minus the number of Initial Installment RSUs.

Initial Installment Date means the date that six (6) months from the Issuance Date of this Note.

Initial Installment Date means March 31, 2010.

Initial Installment Date means the fifth (5th) business day following the date of receipt by Purchaser and Seller of the Independent Accountant's certificate confirming the Initial Gross Profits Amount pursuant to Section 1.6(g) hereof; (viii) "Final Installment Date" shall mean the fifth (5th) business day following the date of receipt by Purchaser and Seller of the Independent Accountant's certificate confirming the Final Gross Profits Amount pursuant to Section 1.6(h) hereof; (ix) "Initial Installment Payment" shall mean an amount equal to fifty percent (50%) of the Initial Gross Profits Amount; (x) "Final Installment Payment" shall mean an amount equal to fifty percent (50%) of the Final Gross Profits Amount; (xi) "Service Revenues Earned" shall mean the fees earned for provision of the following services ("Services"): bill ▇▇▇it, DRG audit, credit balance review, outpatient review, trauma review, infusion therapy audit, focus audit, consulting services and new services for which Shareholder has direct management responsibility during the term of her employment with Purchaser in accordance with the agreement attached hereto as Exhibit 5.11, net of any write-offs required due to client adjustment to billed amounts; and (xii) "Direct Cost of Providing Services" shall mean salaries, benefits and payroll taxes related to the auditors and preppers employed by Purchaser, fees paid to contract auditors or preppers in connection with Services, travel and automobile allowances for all auditors and preppers and any other cost of supplies, or copies directly relating to the provision of Services.

Initial Installment Date means the earlier of (i) the first date on which a Registration Statement is declared effective by the SEC and (ii) the date that is the six month anniversary of the Subscription Date.

Initial Installment Date means the first Quarterly Installment Date that occurs on or after you complete 12 months of continuous Service following your vesting commencement date. “Quarterly Installment Date” shall mean each March 10, June 10, September 10 and December 10, as applicable. “Subsequent Installment RSUs” shall equal the total number of RSUs subject to your award minus the number of Initial Installment RSUs.