MIP Payment Date definition

MIP Payment Date means the date on which bonuses under the Management Incentive Plan of the Company are paid.
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Examples of MIP Payment Date in a sentence

  • A Participant shall purchase Stock Units on the first MIP Payment Date following the election by such Participant to participate in the Plan.

  • In the event any Executive Officer Participant’s MIP Award is converted to MIP Restricted Stock, such Participant will receive a written notice of such conversion with the details thereof as soon as practicable after the MIP Payment Date.

  • The price per share of Stock Units under the Plan shall be determined on the MIP Payment Date, but shall not be less than the Fair Market Value of the Stock on that date.

  • In the event any Executive Officer Participant's MIP Award is converted to MIP Restricted Stock, such Participant will receive a written notice of such conversion with the details thereof as soon as practicable after the MIP Payment Date.

  • Section 1 of the Plan is hereby amended by adding the following subsection after subsection 1(n):(n.1) “ Interest” means the annual return a Participant shall earn on any Non-Matched Deferrals from the MIP Payment Date through the earlier of (i) the end of the applicable Restricted Period and (ii) the payment of such Non-Matched Deferral under Section 10 hereof if applicable.

  • The Bids in duly completed Bid Form and the Demand Draft / Pay Order towards Earnest Money Deposit as per clause 5 below should be submitted atMumbai: Piyush Deora, Axis Bank Ltd., 7th Floor, “Axis House” C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025 Mob.

  • If the Target MIP Payment exceeds the amount of the award that you would have earned under the 2016 MIP, based on actual performance for the full 2016 calendar year, you will repay to Chemtura the excess amount (calculated on a pre-tax basis) promptly following the MIP Payment Date.

  • The price per share of Stock Units under the Plan shall be determined on the MIP Payment Date but shall not be less than the Fair Market Value of the Stock on that date.

Related to MIP Payment Date

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Payment Date means the fifteenth (15th) day of each calendar month or, if such day is not a Business Day, the next succeeding Business Day.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Party A Payment Dates Each Quarterly Interest Payment Date from and including the Quarterly Interest Payment Date falling in {circle} 2004 up to the Termination Date and the Termination Date.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.