Payment Calculation Date definition

Payment Calculation Date means the tenth (10th) day of each month.
Payment Calculation Date means, with respect to an Award, the first day of the month in which an Award first becomes payable under Section 8 or 9.
Payment Calculation Date means the date we calculate annuity payments under a variable payment annuity option. The first Payment Calculation Date is the business day on or next following the Maturity Date unless we agree otherwise. After the first Payment Calculation Date, we will calculate payments on the same date each month. We use the next following business day if such date is not a business day.

Examples of Payment Calculation Date in a sentence

  • The Joint Annuitant must be at least Age 40 on the first Payment Calculation Date.

  • If Our rates in effect on the first Payment Calculation Date are more favorable, We will use those rates.

  • We determine future payments under these options by multiplying the number of Annuity Units in each Subaccount by the Annuity Unit Value for each Subaccount on the Payment Calculation Date.

  • If the consideration value is less than the fair value of the net assets acquired, difference is included directly in the consolidated income statement.

  • After the first Payment Calculation Date, You may not change the Payment Option You elected.


More Definitions of Payment Calculation Date

Payment Calculation Date. The fourteenth (14th) calendar day of each month.
Payment Calculation Date means the date set out in Column 2 of Table A that is the date to be used as the “Payment Calculation Date” for the applicable Construction Period Payment, subject to Section 2.2(a)(ii).
Payment Calculation Date means 31 March, 30 June, 30 September and 31 December in every year from the date of this note until all amounts due under this note (determined in accordance with clause 3 have been paid in full).
Payment Calculation Date means, in respect of any Restricted Share Unit, the date stipulated at the time of the grant of the Restricted Share Unit, as such date may be changed from time to time in the discretion of the Committee pursuant to Section 12 or 14, on which the amount of the payment that is to be made pursuant to Section 8 to the Participant to whom the Restricted Share Unit was granted shall be calculated.
Payment Calculation Date means, with respect to installment payments, the first business day of a month when such payments would begin without regard to the Six-Month Delay Rule and, with respect to a lump sum payment, the first business day of a month when such payment is scheduled to be made under the terms of the Plan.
Payment Calculation Date means the date two Business Days prior to the Payment Date.
Payment Calculation Date means, in respect of any Restricted Share Unit, the date stipulated at the time of the grant of the Restricted Share Unit, as such date may be changed from time to time in the discretion of the Compensation and Human Resources Committee of the board of directors of the Company, on which the amount of the payment that is to be made to the participant to whom the Restricted Share Unit was granted shall be calculated;