Specified Payment Date definition

Specified Payment Date means each Interest Payment Date (if any) and the Scheduled Maturity Date.

Specified Payment Date means: (i) in respect of the Notes, each Interest Payment Date (if any) and the Scheduled Maturity Date and (ii) in respect of the Swap Agreement, any date which is a Morgan Payment Date in respect of a Primary Morgan Floating Amount, a Secondary Morgan Floating Amount, a Primary Morgan Fixed Amount or a Secondary Morgan Fixed Amount, as the case may be, and the Scheduled Termination Date.

Specified Payment Date shall have the meaning set forth in the Note Sales Agreement.

Examples of Specified Payment Date in a sentence

• How to Designate a Specified Payment Date or a Fixed Schedule of Payments For purposes of section III.C.1, the designation of a specified payment date or a fixed schedule of payments, including the use of a specified payment date or a fixed schedule of payments after a permissible payment event or the lapse of a substantial risk of forfeiture, must meet the requirements of § 1.409A-3(i)(1).

• In such case, settlement of PSUs (and any related Dividend Equivalents) will occur as soon as practicable after the Specified Payment Date, Change in Control, or Termination of Service, as applicable, but in any event no later than sixty (60) days thereafter.

• At the time an Eligible Employee completes a deferral agreement during the Election Period, the Eligible Employee must elect a form of payment in which to receive such deferrals in a payment schedule permitted under Section 9.3 and may elect a Specified Payment Date that occurs during the Participant’s employment.

• A Director electing to defer Elected Deferred Benefits pursuant to an election filed after July 15, 1997, may make an irrevocable election to have those Elected Deferred Benefits paid promptly following, or beginning promptly following, a Specified Payment Date (as defined below).

• As soon as administratively feasible on or before each Specified Payment Date under Section 6.2(b), the Committee shall determine whether the Cash Hurdle for any Cash Hurdle Measurement Date related to such Specified Payment Date has been met.

More Definitions of Specified Payment Date

Specified Payment Date means a calendar year elected by the Participant to receive his her deferrals that is after the Plan Year for which the deferrals are made.

Specified Payment Date has the meaning set forth in Section 15(c) of the Lease.

Specified Payment Date means a date specified by the Director at the time he or she elects to defer the Elected Deferred Benefits in question, which date must be March 31, June 30 or September 30 of a specified year in the future, but no earlier than the March 31st of the calendar year following the year in which the deferred amounts would have been paid (if they had not been deferred).

Specified Payment Date means: (i) in respect of the Notes, each Interest Payment Date (if any) and the Scheduled Maturity Date, (ii) in respect of the Swap Agreement, any date which is a payment date in respect of an amount the quantum of which depends, in whole or in part, on whether an Event Determination Date has or may occur in respect of one or more Reference Entities, as the case may be, and the Scheduled Termination Date and (iii) any other date specified as such by the Calculation Agent.

Specified Payment Date means, with respect to a Profit Based RSU Performance Target that is achieved for any Profit Based RSU Performance Period as of the last day of a Fiscal Year, (i) with respect to a payment under Section 6.2(b)(i) for such Fiscal Year, the first day of the 3rd month following the end of such Fiscal Year, (ii) with respect to a payment under Section 6.2(b)(ii) for such Fiscal Year, the first day of the 15th month following the end of such Fiscal Year, and (iii) with respect to a payment under Section 6.2(b)(iii) for such Fiscal Year, the first day of the 27th month following the end of such Fiscal Year. With respect to each Fiscal Year during a Profit Based RSU Performance Period for which a Profit Based RSU Performance Target is achieved, the Specified Payment Date referred to in clause (i) of the preceding sentence is referred to herein as the “First Specified Payment Date,” the Specified Payment Date referred to in clause (ii) of the preceding sentence is referred to herein as the “Second Specified Payment Date,” and the Specified Payment Date referred to in clause (iii) of the preceding sentence is referred to herein as the “Third Specified Payment Date.” Notwithstanding the foregoing, a Specified Payment Date may be deferred as provided in Section 6.2(b).

Specified Payment Date means, in relation to a Receivable, the fixed date upon which such Receivable is due for payment as specified (as of the date such Receivable is generated) in the relevant Contract or Invoice under which the obligation to make payment arises.

Specified Payment Date means a specified date or a fixed schedule (not to exceed fifteen (15) years) that, in each case, is nondiscretionary and objectively determinable at the time a Participant makes his or her Deferral Election.