Retirement Payment Commencement Date definition

Retirement Payment Commencement Date has the meaning set forth in Section 6.3(b)(ii).
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Retirement Payment Commencement Date means the first day of the month coincident with or next following the later of (a) the date the Participant reaches, or would have reached if still living, age sixty (60), and (b) the Participant's Termination Date.
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Retirement Payment Commencement Date means either:
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Examples of Retirement Payment Commencement Date in a sentence

  • To participate, an individual must be 18 years or older, a City resident, have a clear criminal record, and a minimal driving violation record.

  • I believe this deployment has lasted too long, straining the ability of our short-changed military to cover other essential bases.

  • And I looked from that to the culpable mental state here as really set forth under RCW 9A.08.101(1)(a) which is the definition of acting with intent or intentionally.

  • A Participant who has completed a total of not less than ten (10) Years of Credited Service (of which at least four (4) Years of Credited Service have been completed subsequent to the Effective Date of this Plan) shall be entitled to receive payment of his Normal Retirement Benefit commencing on his Retirement Payment Commencement Date.

  • Payment of the Supplemental Benefit described in this Article 2 shall be made in accordance with the schedule provided in Section 1.2, except that the date of the Executive's death (the "Early Benefit Date") shall be substituted for the Benefit Date and the first day of the second calendar month coinciding with or next following the Early Benefit Date (the "Early Benefit Payment Commencement Date" ) shall be substituted for the Retirement Payment Commencement Date.

  • At any time after a Change in Control has occurred, a Participant may elect to receive his or her Normal Retirement Benefit (or if payment thereof has already commenced, any remaining payments of the Participant's Normal Retirement Benefit) as a lump sum payment, using a five percent (5%) discount factor per annum, commencing upon the later of (a) the Participant's Retirement Payment Commencement Date, and (b) the date of the Change in Control.

  • In consideration for DaVita’s agreement to pay these expenses (the “Relocation Costs”), Teammate agrees that if his employment is terminated (voluntarily or involuntarily) within twenty-four (24) months from the start date, Teammate shall repay DaVita a pro-rated amount of the Relocation Costs.

  • A Participant who has completed a total of not less than ten (10) Years of Credited Service (of which at least four (4) Years of Credited Service have been completed subsequent to the Effective Date of this Plan) shall be entitled to receive, on his Retirement Payment Commencement Date, at Participant's sole discretion, either (i) payment of his Normal Monthly Retirement Benefit or (ii) a one-time lump sum payment of the Normal Retirement Benefit.

  • A Participant who has completed a total of not less than ten (10) Years of Credited Service (of which at least four (4) Years of Credited Service have been completed subsequent to the Effective Date of this Plan) shall be entitled to receive, on his Retirement Payment Commencement Date, at Participant's sole discretion, either (i) payment of his Normal Monthly Retirement Benefit or (ii) a lump sum payment of the Normal Retirement Benefit, using a three percent (3%) discount factor per annum.

  • At any time after a Change in Control has occurred, ----------------- a Participant may elect to receive his or her Normal Retirement Benefit (or if payment thereof has already commenced, any remaining payments of the Participant's Normal Retirement Benefit) as a lump sum payment, using a five percent (5%) discount factor per annum, commencing upon the later of (a) the Participant's Retirement Payment Commencement Date, and (b) the date of the Change in Control.

Related to Retirement Payment Commencement Date

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Reemployment Commencement Date means the date on which an Employee who terminates employment with the Employer and all Related Employers first performs an Hour of Service following such termination of employment.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Annuity Commencement Date means the first day of any month upon which an annuity begins under the Contract. However, for any Participant, this date shall not be later than the required beginning date as defined in the applicable sections of the Code and Regulations issued thereunder.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Billing Commencement Date means the earlier of:

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Issuer Call Commencement Date means the date specified as such in the definition of the relevant Series in the applicable Final Terms;

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.