LTIC definition

LTIC means long-term incentive compensation.
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LTIC has the meaning set forth in the preamble.
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LTIC means Lawyers Title Insurance Corporation, the nationally recognized title insurer, to be LTIC under the Development Financing Disbursement Agreement executed by and between the parties of even date herewith.
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Examples of LTIC in a sentence

  • In its reasonable discretion LTIC- CDD may make payments directly to any subcontractor or materialman.

  • LTIC- CDD shall disburse all funds advanced to it by Lessor in accordance with the terms and provisions of this Agreement and any special escrow requirements imposed by LTIC-CDD as a condition to its acting as the disbursing agent hereunder.

  • Not more often than monthly, Lessee may submit an Application for Payment in the form attached hereto as Exhibit "C" requesting the Disbursement of proceeds under the Development Financing, which request shall be submitted to Lessor and to LTIC- CDD at least five (5) business days prior to the date on which a Disbursement is requested.

  • The disbursed proceeds of the Development Financing shall bear interest from and including the date of disbursement to LTIC-CDD or the date of credit by Lessor provided that in the event LTIC- CDD shall fail to disburse any advances within five (5) business days after the date set for an advance, LTIC-CDD shall return said advance to Lessor and interest on such advance shall abate from and aft▇▇ ▇▇e date of such return.

  • We may require additional verifications or information before activating our Service.

  • Except as otherwise provided in this Agreement, the payment of LTIC Award shall be at the same time as Long Term Incentive Compensation Awards are paid to other similar executives of the Company.

  • The actual LTIC Award payable to Executive with respect to a Fiscal Year shall be dependent upon the achievement of performance objectives established by the Compensation Committee for such Fiscal Year and may be greater or less than the Target Long Term Incentive Compensation opportunity depending on performance objective results.

  • All non-vested restricted stock awarded to the Executive under the PEC LTIC shall be deemed vested and owned by the Executive as of the earlier of the date of a Change in Control as defined in this Agreement or a Change in Control as defined in the PEC LTIC and such stock shall be delivered to the Executive within five (5) business days after the date of such Change in Control.

  • The authorized capital stock of LTIC consists of 2,000,000 shares of common stock, no par value (the “LTIC Common Stock” and together with the UCTIC Common Stock and the Commonwealth Common Stock, the “Companies Common Stock”), of which 1,062,337 shares are issued and outstanding and constitute the LTIC Shares.

  • All non-vested Options and SARs awarded to the Executive under the PEC LTIC shall be deemed vested as of the earlier of the date of a Change in Control as defined in this Agreement or Change in Control as defined in the PEC LTIC.


More Definitions of LTIC

LTIC has the meaning set forth in Section 5.32.
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Related to LTIC

  • Company PSU means a restricted stock unit issued by the Company pursuant to a Company Equity Plan that vests in whole or in part upon the achievement of one or more performance goals (notwithstanding that the vesting of such restricted stock unit may also be conditioned upon the continued services of the holder thereof), pursuant to which the holder has a right to receive Shares after the vesting or lapse of restrictions applicable to such unit. “Company PSU” shall not include Company RSUs.

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

  • PSU means Public Sector Undertaking

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.