Optional Cash Payment definition

Optional Cash Payment means additional sums, in excess of reinvested Distributions, which a Participant contributes under the Plan for the purposes of acquiring Plan Units;
Sample 1

Examples of Optional Cash Payment in a sentence

  • Any Optional Cash Payment received prior to termination of participation but not invested in Common Shares will be returned to the Participant upon such termination.

  • THIS FORM SHOULD THEN BE COMPLETED AND RETURNED (VIA FACSIMILE) TO SUMMIT PROPERTIES INC., FAX NUMBER (704) 333-8340, by 10:00 a.m. Eastern Standard Time no later than two (2) business days prior to the Optional Cash Payment Due Date for the applicable Investment Date.

  • If a Participant authorizes an Optional Cash Payment through pre-authorized debit then its bank account will be debited on the fifth Business Day prior to the Dividend Payment Date.

  • Participants have the option of a one-time or recurring pre-authorized debit for any Optional Cash Payment.

  • How are Optional Cash Payments made?An Optional Cash Payment may be made when enrolling in DRP by enclosing a cheque, money order or other similar financial instrument payable to Montreal Trust Company with the completed Authorization Form.

  • If approved by the Company, the approved copy of this form must be returned with full payment on the Optional Cash Payment Due Date.

  • An Optional Cash Payment may be made by using the Optional Cash Purchase - Participant Declaration Form, together with (a) a Canadian dollar cheque or (b) a U.S. dollar cheque and an Agent Mandatary Certification Form, as applicable, to make the optional cash purchase.

  • If approved by the Company, the approved copy of this form must be submitted to the Agent with full payment on the Optional Cash Payment Due Date.

  • Portland General received $73 million in dividends from PGE and $10 million in proceeds from the issuance of shares of common stock under its Dividend Reinvestment and Optional Cash Payment Plan.

  • Optional Cash Purchases If participants in the Plan choose to participate in the optional cash payment feature of the Plan, they must confirm on the Optional Cash Payment (OCP) — Participant Declaration Form that not more than U.S.$20,000 (or the Canadian dollar equivalent of such sum) in the aggregate per fiscal year is being paid by, or on behalf of, any registered or beneficial owner in respect of the optional investment of cash under the Plan.

Related to Optional Cash Payment

  • Cash Payment has the meaning set forth in Section 2.2(b).

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • 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).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Non-Cash Consideration means consideration in a form other than cash.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Cash Exchange Payment means with respect to a particular Exchange for which PubCo has elected to make a Cash Exchange Payment in accordance with Section 4.6(a)(ii):

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Borrower or any Restricted Subsidiary in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower setting forth the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of such Designated Non-Cash Consideration.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Deferred Net Cash Proceeds Payment Date shall have the meaning provided such term in the definition of Net Cash Proceeds.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Net Proceeds Offer Payment Date has the meaning set forth in Section 4.16.

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Delta Payment means as it is described in this Agreement.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).