Payment Determination Date definition
Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.
Payment Determination Date means the relevant Calculation Day, unless a Delaying Event occurs with respect to such Payment Determination Date, in which case the first Business Day after the Calculation Day on which the Closing Prices for all Settlement Value Securities that have been subject to a Delaying Event have been determined.
Payment Determination Date shall have the meaning set forth in Section 2(b).
Examples of Payment Determination Date in a sentence
The Bank shall distribute such amounts (except the amount provided under Section 4(a)(vi)) in a lump sum in cash within sixty (60) days of the Payment Determination Date.
Any payment made later than the time provided for in Section 4(a) for whatever reason, including, without limitation, the reasons set forth in Section 4(c), shall include interest at the Bank's cost of funds plus three percent (3%), which shall begin to accrue on the ninetieth (90th) day following the Executive's Payment Determination Date.
More Definitions of Payment Determination Date
Payment Determination Date means the relevant Calculation Day, unless a Delaying Event occurs with respect to such Payment Determination Date, in which case the first Business Day after the Calculation Day on which the Closing Prices for all Basket Securities that have been subject to a Delaying Event have been determined.
Payment Determination Date has the meaning assigned to it in the Sale and Servicing Agreement.
Payment Determination Date means the fifth Business Day prior to the Stated Maturity.
Payment Determination Date means, with respect to any Distribution Date, the 10th day of the month (or if such day is not a Business Day, the next succeeding Business Day) of such Distribution Date.
Payment Determination Date means the Calculation Day; unless a Market Disruption Event occurs on the Calculation Day, in which case the first Business Day after the Calculation Day on which a Market Disruption Event does not occur.
Payment Determination Date means the Calculation Day, unless a Market Disruption Event occurs on the Calculation Day, in which case the first Business Day after the Calculation Day on which a Market Disruption Event does not occur.
Payment Determination Date for purposes of determining when a payment resulting from a Compensated Termination must be made pursuant to Section 4(a), shall mean the effective date of the termination of the Executive’s employment with the Bank if such termination is a “Compensated Termination.”