Revised Payment Schedule definition

Revised Payment Schedule has the meaning set forth in Section 4(c) of this Note.
View Source

Examples of Revised Payment Schedule in a sentence

  • However, if there is no Revised Payment Schedule that would avoid the application of Section 409A(a)(1) of the Code, the payment of such benefits shall not be paid pursuant to a Revised Payment Schedule and instead shall be delayed to the minimum extent necessary so that such benefits are not subject to the provisions of Section 409A(a)(1) of the Code.

  • Payment of such costs shall be made in accordance with the Revised Payment Schedule attached hereto as Exhibit E which shall replace the payment schedule set forth in Exhibit C to the Project Addendum.

  • To the extent that any cash severance payment benefit provided under this Agreement, or continued group health insurance coverage benefit provided under this Agreement fails to satisfy the distribution requirement of Section 409A(a)(2)(A) of the Code as a result of Section 409A(a)(2)(B)(i) of the Code, Caneum and the Employee shall consult with one another in good faith and agree upon the Revised Payment Schedule or any delay of the payment of benefits under this Agreement.

  • This requires submission of a Revised Payment Schedule with new tasks as well as a revised Scope of Work.

  • However, in the event the accelerated payment of such benefits would not avoid the application of Section 409A(a)(1) of the Code, the payment of such benefits shall not be made pursuant to the original payment schedule or the Revised Payment Schedule and instead the payment of such benefits shall be delayed to the minimum extent necessary so that such benefits are not subject to the provisions of Section 409A(a)(1) of the Code.

  • In consideration of Lender’s agreement to implement the Revised Payment Schedule, its fees incurred in preparing this Amendment and other accommodations set forth herein, Borrower agrees to pay to Lender a fee in the amount of $2,500.00 (the “Restructure Fee”).

  • Contractor will be paid on a Fee-for-Service basis and in accordance with Attachment E- 1, Revised Payment Schedule (Years 1 & 2).

  • Expedia shall pay Microsoft for certain third party license fees or royalties incurred by Microsoft for sublicensing Data in accordance with a mutually agreed upon payment matrix, as represented by the sample calculation on Attachment 1 hereto, from December 1, 2000 until commencement of the Revised Payment Schedule.

  • Notwithstanding anything to the contrary in this Agreement, upon commencement of the Revised Payment Schedule, Expedia shall not be required to pay to Microsoft any Transaction Fees generated by any Microsoft Backend Properties, as defined in Section 2.3 of the Agreement, who use ExpediaMaps to serve local street maps and/or provide driving directions on their respective Web sites.

  • If the Committee is unable to agree on a change in the amount and timing of the funding to be provided by Magna, the Section 2.4 Payment Schedule (or, if a previously agreed upon Revised Payment Schedule is then in effect, such Revised Payment Schedule) shall continue to be binding upon the parties hereto.

Related to Revised Payment Schedule

  • Repayment Schedule means the schedule of repayment dates as detailed in Schedule 5 (Loan Repayment Schedule), to be replaced as required in accordance with Clause 5 (Repayment) and Clause 6.9(b) (Partial prepayment of Loans).

  • Payment Schedule ’ means a schedule which sets out—

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Deferred payment agreement means an agreement in which no installment payments are required

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.