Payment Trigger definition

Payment Trigger means any of the following that occurs during the term of this Agreement:
Payment Trigger means the occurrence of a Change in Control during the term of this Agreement coincident with or followed at any time before the end of the 12th month immediately following the month in which the Change in Control occurred, by the termination of the Executive’s employment with the Corporation or a Subsidiary for any reason other than (A) by the Executive without Good Reason, (B) by the Corporation as a result of the Disability of the Executive or with Cause, or (C) as a result of the death of the Executive.
Payment Trigger means the occurrence of a Change in Control during the term of this Agreement coincident with or followed (i) at any time before the end of the 12th month immediately following the month in which the Change in Control occurred, by the termination of the Executive's employment with the Corporation or a Subsidiary for any reason other than (A) by the Executive without Good Reason, (B) by the Corporation as a result of the Disability of the Executive or with Cause or, (C) as a result of the death of the Executive or (ii) in the event the Executive remains continuously employed by the Corporation or a Subsidiary until the end of the 12th month immediately following the month in which the Change in Control occurred, the termination of the Executive's employment with the Corporation or a Subsidiary, at any time during the three month period immediately following the expiration of such 12-month period, for any reason other than (A) by the Corporation as a result of the Disability of the Executive or (B) as a result of the death of the Executive.

Examples of Payment Trigger in a sentence

  • After the Shared Loss Payment Trigger is reached, not later than fifteen (15) days after the date on which the Receiver receives the Monthly Certificate, the Receiver shall pay to the Assuming Bank, in immediately available funds, an amount equal to eighty percent (80%) of the Monthly Shared-Loss Amount reported on the Monthly Certificate.

  • After the Shared Loss Payment Trigger is reached, not later than fifteen (15) days after the date on which the Receiver receives the Monthly Certificate, the Receiver shall pay to the Assuming Institution, in immediately available funds, an amount equal to eighty percent (80%) of the Monthly Shared-Loss Amount reported on the Monthly Certificate.

  • After the Shared Loss Payment Trigger is reached, not later than fifteen (15) days after the date on which the Receiver receives the Monthly Certificate, the Receiver shall pay to the Assuming Institution, in immediately available funds, an amount equal to eighty percent (80%) of the Monthly Shared- Loss Amount reported on the Monthly Certificate.

  • Depending on the Payment Trigger used by the Merchant, the Payment Confirmation Panel will already be pre-filled with the relevant payment details or the Customer must enter all payment details.

  • Merchants indicate the possibility to pay by Paysafecash by displaying the Paysafecash logo, a payment trigger (e.g. QR-Code or hyperlink, redirection from Merchant’s website to the Paysafecash Website; “ Payment Trigger”) and a short description on how to use the Payment Trigger on the respective channel.


More Definitions of Payment Trigger

Payment Trigger means the termination of Executive’s employment with the Corporation or an Affiliate in a manner that constitutes a “separation from service”, as defined in Section 409A, (i) for any reason other than (a) by Executive without Good Reason, (b) by the Corporation as a result of the Disability of Executive or with Cause or, (c) as a result of the death of Executive; and (ii) coincident with or within one year following a Change in Control.
Payment Trigger means the termination of Executive’s employment with the Corporation or an Affiliate in a manner that constitutes a “separation from service”, as defined in Section 409A, (i) for any reason other than (a) by Executive without Good Reason, (b) by the Corporation as a result of the Disability of Executive or with Cause or,
Payment Trigger has the meaning set forth in Section 9.1.3(a).
Payment Trigger means the occurrence of both of (i) a Change in Control during the term of this Agreement and (ii) at any time on or after such Change in Control, but before the end of the Protected Period, the termination of the Executive's employment with the Corporation or a Subsidiary for any reason other than (A) by the Executive without Good Reason, (B) by the Corporation (or a Subsidiary) as a result of the Disability of the Executive or with Cause or (C) as a result of the death of the Executive; provided, however, that if the Executive's employment is terminated prior to a Change in Control at the request of a Person engaged in a transaction or series of transactions that would result in a Change in Control, such termination shall be deemed to occur during the Protected Period. Any transfer of the Executive's employment from the Corporation to a Subsidiary, from a Subsidiary to the Corporation, or from one Subsidiary to another Subsidiary shall not by itself constitute a termination of the Executive's employment for purposes of this Agreement.
Payment Trigger means either (A) at the time of the Company Stockholders Meeting, in the case of clause (i) above, or at the time of the Terminating Breach, in the case of clause (iv) above, there shall be outstanding or purport to be outstanding an Acquisition Proposal which has been made directly to stockholders of the Company or has otherwise become publicly known or known to holders of 10% or more of the Company Common Stock or there shall be outstanding an announcement by any credible third party of an intention to make an Acquisition Proposal which, in either case, would if consummated constitute an Alternative Transaction, or (B) an Alternative Transaction shall be publicly announced by the Company or any Third Party and such transaction shall be consummated within twelve months following the date of termination of this Agreement on substantially the terms so announced.
Payment Trigger means any of the following that occurs during the term of this Agreement: 3
Payment Trigger means, when occurring during the term of this Agreement,