Acceleration Election Sample Clauses

Acceleration Election. Company may, at its sole option and in its sole and absolute discretion, at any time or from time to time, accelerate the time and the manner of making any one or more payments required under this Section 4.3.
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Acceleration Election. Weston may, at its option, at any time or from time to time, in its absolute and sole discretion, accelerate the time and the manner of making any one or more payments required by this Agreement.
Sample 1Sample 2Sample 3See All (5)
Acceleration Election. Company may, at its sole option and in its sole and absolute discretion, at any time or from time to time, accelerate the time and the manner of making any one or more payments required under this section 4.3.
Sample 1Sample 2
Acceleration Election. Notwithstanding the provisions of Section 1 above, Jeffxxxx xxxll be entitled to elect (by written election filed in accordance with this Section 2) to reduce his annual benefits in accordance with the schedule set forth below and to accelerate the payment of such reduced annual benefits so that such benefits shall commence in the month of January of the year following the year in which Jeffxxxx xxxminates employment with the Corporation and shall continue each January thereafter until fifteen (15) annual installments have been paid; provided, however, that if such termination of employment results from the Disability of Jeffxxxx, xxen the fifteen (15) annual installments payable hereunder pursuant to Jeffxxxx' xxid acceleration election shall not commence until the earlier of (a) January 2001, or (b) January of the year following the year in which such Disability ends. In the event Jeffxxxx xxx filed a valid election to accelerate the payment of his annual benefits pursuant to this Section 2, then the amount of such annual benefits shall be determined
Sample 1
Acceleration Election. Company may, at its sole option and in its sole discretion, at any time or from time to time, accelerate the time and manner of making any one or more payments required under this Section 4.3. The benefits provided to Hoskxxx xxxer this Section 4.3 shall be fully "grossed up" to take into account any additional federal, state and local income tax and any applicable federal and state payroll taxes that Hoskxxx xxxl be required to pay as a result of the payment of such benefits being accelerated. The amount of the "gross-up" payments shall be determined based on the highest marginal income tax rates applicable to Hoskxxx xxxing the year in question (including the effects of any sur-tax). The "gross-up" calculation shall be made in a manner that results in Hoskxxx xxxeiving, after all applicable
Sample 1
Acceleration Election. Company may, at its sole option and in its sole discretion, at any time or from time to time, accelerate the time and manner of making any one or more payments required under this Section 4.3. The benefits provided to Swoyxx xxxer this Section 4.3 shall be fully "grossed up" to take into account any additional federal, state and local
Sample 1
Acceleration Election. The Board of Directors of Employer may, at its option, at any time or from time to time, in its absolute and sole discretion, accelerate the time and the manner of making payment of any one or more benefit installments, or may anticipate any payments thereof, in event of any emergency or necessity affecting the personal or family affairs of Employee or any beneficiary of Employee, if the Employee is deceased, or if payments are to be made to an estate.
Sample 1
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Related to Acceleration Election

  • Acceleration, Etc Upon the occurrence of any Event of Default described in the foregoing Section 10.1(e) or 10.1(f), the Loan shall automatically and immediately terminate and the unpaid principal amount of and any and all accrued interest on the Loan shall automatically become immediately due and payable, with all additional interest from time to time accrued thereon and without presentment, demand or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate or notice of acceleration), all of which are hereby expressly waived by Borrower, and the obligations of Lender to make any further disbursement of the Loan shall thereupon terminate; and upon the occurrence and during the continuance of any other Event of Default, Lender may, by written notice to Borrower, (i) declare that the Loan is terminated, whereupon the Loan and the obligation of Lender to make any further disbursement of the Loan shall immediately terminate, and/or (ii) declare the unpaid principal amount of, any and all accrued and unpaid interest on the Loan and all of the other Obligations to be, and the same shall thereupon be, immediately due and payable with all additional interest from time to time accrued thereon and without presentment, demand, or protest or other requirements of any kind (including without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by Borrower. Without limiting Lender’s authority hereunder, on or after the Maturity Date, Lender may exercise any or all rights and remedies under the Loan Documents or applicable law, including, without limitation, foreclosure upon the Property or any additional collateral.

  • Option Acceleration One hundred percent (100%) of the shares subject to all Options granted to the Employee by the Company prior to the Change of Control shall immediately become vested and exercisable in full upon such Involuntary Termination. Following such acceleration, the Options shall continue to be subject to the terms and conditions of the Company’s stock option plans and the applicable option agreements between the Employee and the Company.

  • Stock Acceleration If the Change in Control Date occurs during the Term, then, effective upon the Change in Control Date, (a) each outstanding option to purchase shares of Common Stock of the Company held by the Executive shall become immediately exercisable in full and will no longer be subject to a right of repurchase by the Company and (b) each outstanding restricted stock award shall be deemed to be fully vested and will no longer be subject to a right of repurchase by the Company.

  • Initial Election The Director shall make an initial deferral election under this Agreement by filing with the Company a signed Election Form within 30 days after the Effective Date of this Agreement. The Election Form shall set forth the amount of Fees to be deferred and shall be effective to defer only Fees earned after the date the Election Form is received by the Company.

  • Automatic Acceleration Upon the occurrence of an Event of Default described in Section 8.01(l) or Section 8.01(m) the Facility shall be automatically terminated and the Loans and all other Obligations shall be immediately due and payable upon the occurrence of such event, without demand or notice of any kind.

  • Deferral Election A Participant may elect to defer all or a specified percentage of the Compensation earned in a Plan Year by such Participant for serving as a member of the Board of any Participating Fund or as a member of any committee or subcommittee thereof. Reimbursement of expenses of attending meetings of the Board, committees of the Board or subcommittees of such committees may not be deferred. Such election shall be made by executing before the first day of such Plan Year such election notice as the Administrator may prescribe; provided, however, that upon first becoming eligible to participate in the Plan by reason of appointment to a Board, a Participant may file a Deferral Election not later than 30 days after the effective date of such appointment, which election shall apply to Compensation earned in the portion of the Plan Year commencing the day after such election is filed and ending on the last day of such Plan Year.

  • Automatic Acceleration of Maturity If any Event of Default pursuant to paragraph (e) of Section 7.01 shall occur,

  • Vesting Acceleration Effective on such termination, the Executive shall receive accelerated vesting equivalent to six (6) months of service beyond the date of Executive’s termination with respect to the shares subject to any grant of restricted stock or stock options (each, an “Equity Grant”) granted to the Executive, regardless of whether granted prior to, coincident with, or after, the Effective Date; provided, however, that in the event such termination occurs within one (1) year following a Change of Control, then one hundred percent (100%) of the remaining shares subject to each such Equity Grant shall become vested in full and the period during which the Executive is permitted to exercise (if applicable) any such Equity Grant shall be extended until the earlier of (i) ten (10) years from the date of grant, or (ii) the expiration date of such Equity Grant (as of the date of grant).

  • Election Form The Consideration shall be payable in accordance with the election made by Contributor in the Consideration Election Form (“Election Form”) accompanying the PPM, the results of which election are set forth on Exhibit A hereto. If, pursuant to the Election Form, Contributor (A) elected all or part of Contributor’s consideration payable hereunder to be in the form of units of limited partnership interests of the Operating Partnership (“OP Units”) and (B) submitted to the Operating Partnership (x) an executed Investor Questionnaire representing and warranting to the Operating Partnership that Contributor is an “accredited investor” as defined in the Investor Questionnaire and (y) any other documentation required by the Operating Partnership, including, but not limited to, a signature page to the Partnership Agreement (as hereinafter defined), Contributor shall receive OP Units in an amount determined in the manner described on Exhibit A hereto. The portion of the Consideration, if any, payable in cash is set forth on Exhibit A. Contributor agrees that the cash payment shall be made and the OP Units shall be registered in the name of the persons or entities set forth on the Election Form. OP Units will only be delivered to Contributor if Contributor has represented to the Operating Partnership that Contributor is an “accredited investor”. No fractional OP Units will be issued and OP Units will be rounded to the nearest whole number. The Consideration payable to Contributor, whether in cash, in OP Units or a combination thereof, may be reduced by the amount the Operating Partnership reasonably determines must be withheld for tax purposes. The rights and obligations of holders of OP Units as of the Closing will be as set forth in the First Amended and Restated Agreement of Limited Partnership of the Operating Partnership (the “Partnership Agreement”), a draft copy of which is included as an exhibit to the PPM.

  • Equity Compensation Acceleration Upon the Executive’s Termination Upon Change of Control, the vesting and exercisability of all then outstanding stock options (or any other equity award, including, without limitation, stock appreciation rights and restricted stock units) granted to the Executive under any Company Plans shall be accelerated as to 100% of the shares subject to any such equity awards granted to the Executive.

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