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 March 31, 2010.

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 the first day of the first full calendar month that is 18 months from the Issuance Date of this Note.

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 May 1, 2012.