Payable definition
Payable means that a particular benefit shall be paid to Executive in the amount, at the time, and in the form specified herein.
Payable means (i) with respect to benefits other than those described in clause (ii) of this paragraph, such benefits shall be paid to Executive in the amount, at the time, and in the form specified herein, and (ii) with respect to benefits described in this clause (ii), the following shall apply solely in the event of a Termination Without Cause, notwithstanding anything in the applicable plan or program to the contrary: (A) with respect to any outstanding stock options not yet expired as of the date of termination of the Employment Period, Executive shall be treated as though he remained in the employ of the Company for the two year period following such date, and except to the extent that any such options first expire during such period under the applicable plan or program, (I) any such options that would have become vested over such two year period solely by reason of Executive remaining in the employ of the Company during such period shall become immediately vested and nonforfeitable, (II) with respect to any options that by their terms would vest if the stock of the Company or an affiliate were to reach a specified market price, such options shall become vested and nonforfeitable if and when such stock reaches such price during such two year period, and (III) Executive shall have an additional two years to exercise any vested options (beyond the time to exercise such options permitted under the applicable plan or program), and (B) with respect to any restricted stock subject to restrictions that have not yet lapsed as of the date of termination of the Employment Period, such restrictions shall be deemed to have lapsed and such restricted stock shall become immediately vested and nonforfeitable as of such date.
Payable means that the capped amount is reimbursable in full and the Plan deductible amounts and co-insurance percentages do not apply.
Examples of Payable in a sentence
The Royalty shall apply to 100% of the interests of Grantor in the Property and all Products that are mined, produced, extracted, processed or otherwise recovered from the Property, in each case, to the extent Payable.
More Definitions of Payable
Payable. , as applied to petroleum, means petroleum of such quantity and quality that it can under ordinary circumstances be won with profit.
Payable and "PAYMENT" shall be construed accordingly;
Payable means, in respect of Products Sold by a Person, Products that are credited or paid for by the Processor or otherwise result in a return to the Person, whether provisional or final.
Payable means the earliest date upon which the owner of property could become entitled to the
Payable shall have meanings correlative to the foregoing.
Payable has the meaning set forth in Section 10.5(a).
Payable means, with respect to any Precomputed Receivable, the sum of (i) any amount received from or on behalf of the related Obligor which, pursuant to the Payment Application Procedures, is to be applied as a partial principal prepayment which is not to be applied to Scheduled Payments on such Receivable until the earlier of (a) such time as such application would result in such Precomputed Receivable being paid in full, including the payment of late charges and miscellaneous fees and (b) the Collection Period in which such Precomputed Receivable became a Liquidated Receivable, and (ii) any amounts received by the Servicer in respect of any rebatable items (such as amounts in respect of cancelled service contracts, extended warranties or insurance policies and similar items, the cost of which was included in the Amount Financed for such Precomputed Receivable) relating to such Precomputed Receivable which is not to be applied as a prepayment of principal until the earlier of (a) such time as such application would result in such Precomputed Receivable being paid in full, including the payment of late charges and miscellaneous fees and (b) the Collection Period in which such Precomputed Receivable became a Liquidated Receivable.