Payment 2 definition

Payment 2 has the meaning ascribed thereto Section 2.1(a)(ii); (mm) “Payment 3” has the meaning ascribed thereto Section 2.1(a)(ii); (nn) “Payment 4” has the meaning ascribed thereto Section 2.1(a)(iii); (oo) “Payment 5” has the meaning ascribed thereto Section 2.1(a)(iii); (pp) “Payment 6” has the meaning ascribed thereto Section 2.1(a)(iii);
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Payment 2. Second, amounts due to any Independent Director (or any such service provider providing the services of an Independent Director) subject to a cap of $100,000 per annum, as follows: [insert specific payment instructions and amounts]
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Payment 2 means the price to be paid by the Purchaser to the Vendors pursuant to Clause 3.3;
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Examples of Payment 2 in a sentence

  • If the Total Payments must be reduced to the Reduced Total Payments, the reduction shall occur in the following order: (1) reduction of cash payments for which the full amount is treated as a Parachute Payment; (2) cancellation of accelerated vesting (or, if necessary, payment) of cash awards for which the full amount is not treated as a parachute payment; (3) cancellation of any accelerated vesting of equity awards; and (4) reduction of any continued employee benefits.

  • Payment 2, Deliverable/Task 1:  The second payment will be a fixed price in the amount of 25% of the grant award.

  • Payment 2, Deliverable/Task 1: ▪ The second payment will be a fixed price in the amount of 25% of the grant award.

  • Incentives A–C will be due in installments over six (6) Payment Years beginning with Annual Payment 2 and Incentive D will be due in installments over four (4) years beginning with Annual Payment 4, as shown on Exhibit M.

  • Neither we, nor the Service Provider are liable: (1) if you did not follow the instructions for making a Payment; (2) you failed to promptly notify us after learning that you did not receive a credit from a Payee; or (3) for your acts or omissions or those of any other person, including any Payee or transmission or communications facility, and no such party shall be deemed our or our Service Provider’s agent.

  • Enter the resulting value into cell D2 of the PFS Success Payment 2 Calculator Table in Table 4 above.

  • Incentive Payment BC will be due to a Settling State as part of the Annual Remediation Payment over ten (10) Payment Years, starting in Annual Remediation Payment 2.

  • Payment 2, Deliverable/Task 1: The second payment will be a fixed price in the amount of 25% of the grant award.

  • In the event of a Change of Control, then all obligations hereunder shall be accelerated and the Corporation shall pay to the Existing Stockholders (1) the Early Termination Payment, (2) any Annual Tax Payment agreed to by the Corporation and the Existing Stockholders as due and payable but unpaid as of the Early Termination Date and (3) any Annual Tax Payment due for any Taxable Year ending prior to, with or including the effective date of a Change of Control.

  • Payment 2:  The second payment will be a fixed price in the amount of 30% of the grant award.


More Definitions of Payment 2

Payment 2. The City shall deposit $1,200,000 into the Account by August 15, 2021.
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Payment 2 has the meaning ascribed thereto in ‎Section 3.3.
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Related to Payment 2

  • Payment Ahead means, with respect to a Precomputed Receivable and a Collection Period, any Excess Payment (not representing, when added to any Deferred Prepayment with respect to such Precomputed Receivable, a prepayment in full of such Precomputed Receivable) which the Servicer, in accordance with its customary servicing practices, will apply towards the payment of Scheduled Payments due in one or more future Collection Periods.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Payment Amount has the meaning specified in Section 6.1.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • 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.