Payment Date definition

Payment Date means the last day of each March, June, September and December.

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Payment Date means the first day of each calendar month.

Payment Date means any date on which a payment is required to be made pursuant to this Agreement.

Examples of Payment Date in a sentence

All such amounts that would, but for this Section, become payable prior to the Delayed Payment Date will be accumulated and paid in a lump sum on the Delayed Payment Date.
Except as otherwise expressly stated in Sections 5(b) and 5(c), if the Participant’s employment with the Company terminates for any reason prior to the Payment Date, then the Participant shall not be entitled to the payment of any Award hereunder.
The Participant may elect to satisfy such withholding obligation with respect to the Performance Shares by remitting in advance of the Payment Date an amount sufficient to satisfy such tax withholding obligations.
If SpinCo fails to pay any invoiced amount on or before the applicable Payment Date, SpinCo shall be obligated to pay, in addition to the past due amount, interest on such amount at a rate of twelve percent (12%) per annum, compounded monthly from the applicable Payment Date through the date payment is fully and effectively made; provided that such interest rate shall not exceed the maximum rate permitted by Applicable Law.
If the Participant’s employment is terminated on the last day of the Performance Period by the Company for another reason other than for Cause, or for such reasons after the Performance Period but before the Payment Date, the pro-rata formulation above shall not apply and the Award shall be calculated and paid (in accordance with Section 5(a)) based on actual performance during the Performance Period.

More Definitions of Payment Date

Payment Date means the fifteenth (15th) day of each calendar month or, if such day is not a Business Day, the next succeeding Business Day.

Payment Date means the first Business Day after the Bank Closing Date.

Payment Date means the 15th day of each of January, April, July and October, commencing July 2023; provided that, if any such day is not a Business Day, then such Payment Date shall be the next succeeding Business Day.

Payment Date means the 15th day of each month or, if not a Business Day, the next Business Day, starting in the first full month after the Closing Date. For a Collection Period, the related Payment Date means the Payment Date following the end of the Collection Period.

Payment Date means, with respect to each Collection Period, the 23rd day of the calendar month following the end of that Collection Period, or, if such day is not a Business Day, the next Business Day, commencing on July 23, 2014.

Payment Date means the 15th day of each calendar month beginning June 15, 2016; provided, however, whenever a Payment Date would otherwise be a day that is not a Business Day, the Payment Date shall be the next Business Day. As used herein, the “related” Payment Date with respect to a Collection Period shall be deemed to be the Payment Date which immediately follows such Collection Period.

Payment Date means the 15th calendar day of each month, commencing March 15, 2012, or if such day is not a Business Day, then the next succeeding Business Day.