Payment definition

Payment means any payment or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of the Executive, whether paid or payable pursuant to this Agreement or otherwise.

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Payment has the meaning assigned to it in Section 8.06(c).

Payment means payment properly due and owing to Contractor pursuant to Article IV, Exhibit B of this Agreement.

Examples of Payment in a sentence

• Any payments owed under Fee Payment agreements shall be the obligation of the applicable Fund, not Price Services or its affiliates.

• The Fund has instituted a program whereby they may, in their discretion, pay an Intermediary or a Retirement Plan a fee to compensate the third party providing certain services to Indirect Accounts in accordance with the Fund’s Administrative Fee Payment (“AFP”) Program or 12b-1 Plan (collectively “Fee Payments”).

• Each monthly cash payment shall be in an amount equal to the sum of (i) the Principal amount in the aggregate among this Note and all Other Notes equal to the Amortization Principal Amount plus (ii) the Payment Premium in respect of such Amortization Principal Amount, plus (iii) all accrued and unpaid interest hereunder as of each payment date.

• A notice of the Administrative Agent to any Payment Recipient under this clause (a) shall be conclusive, absent manifest error.

• Payment for the Option Units shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable as follows: $10.00 per Option Unit shall be deposited in the Trust Account pursuant to the Trust Agreement upon delivery to the Representative of certificates (in form and substance satisfactory to the Representative) representing the Option Units (or through the facilities of DTC) for the account of the Representative.

More Definitions of Payment

Payment means any obligation (whether present or future, contingent or otherwise) for the payment or repayment of money, including, without limitation, Borrowed Money;

Payment has the meaning assigned thereto in Section 8(a) hereof.

Payment means, in respect of any Liabilities (or any other liabilities or obligations), a payment, prepayment, repayment, redemption, defeasance or discharge of those Liabilities (or other liabilities or obligations).

Payment has the meaning assigned to it in Section 9.17(a).

Payment means all checks, wire transfers and other items of payment received by Bank (including proceeds of Accounts and payment of all the Obligations in full) for credit to Borrower’s outstanding Credit Extensions or, if the balance of the Credit Extensions has been reduced to zero, for credit to its Deposit Accounts.

Payment means any payment, benefit or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of the Participant, whether paid, payable or provided pursuant to this Plan or otherwise.

Payment means a payment that a trustee may receive over a fixed number of years or during the life of 1 or more individuals because of services rendered or property transferred to the payer in exchange for future payments. The term includes a payment made in money or property from the payer's general assets or from a separate fund created by the payer. For purposes of subsections (4) to (7), payment also includes any payment from any separate fund, regardless of the reason for the payment.