Entitlement Date definition

Entitlement Date has the meaning specified in Section 13.07(b).

Entitlement Date means the date as determined by the Board in its sole discretion in accordance with the Plan, provided, in the case of Participants who are liable to taxation under the provisions of the Income Tax Act (Canada) in respect of amounts payable under this Plan, that such date, or amendment of such date as contemplated by section 3.8 of this Plan, shall not be later than December 31 of the third calendar year following the calendar year in which the services were performed in respect of the corresponding Share Unit Award or such later date as may be permitted under paragraph (k) the definition of “salary deferral arrangement” in subsection 248(1) of the Income Tax Act (Canada) as amended from time to time, or other applicable provisions thereof, so as to ensure that the Plan is not considered to be a “salary deferral arrangement” for purposes of the Income Tax Act (Canada);

Entitlement Date means the record date for determination of the holders of Common Stock entitled to receive securities, cash or other property in connection with a Non-Stock Fundamental Change or a Common Stock Fundamental Change or, if there is no such record date, the date upon which holders of Common Stock shall have the right to receive such securities, cash or other property.

Examples of Entitlement Date in a sentence

• If the First Milestone is not achieved by the 90th Day following the 24th month from the Entitlement Date the Company will be required to pay five (5) times the Base Amount due and payable for the next-ensuing PILOT Year (or, if the Company has made a lump sum payment of the Base Amount as provided in the Agreement, then 5 times the Base Amount that would otherwise have been due and payable for the next-ensuing PILOT Year).

• If the Company fails to satisfy this level of Investment by the end of the 36th month after the Entitlement Date then the Company will be required to pay a Supplemental Payment.

• If the Second Milestone is not achieved by the 90th Day following the 36th month from the Entitlement Date the Company will be required to pay seven and a half (7.5) times the Base Amount due and payable for the next-ensuing PILOT Year (or, if the Company has made a lump sum payment of the Base Amount as provided in the Agreement, then 7.5 times the Base Amount that would otherwise have been due and payable for the next-ensuing PILOT Year had such lump sum payment not been made).

• On or before the end of the 48th month from the Entitlement Date the Company must achieve an aggregate Investment in the Project of at least $260,000,000.

• On the Entitlement Date the Company shall also make a non-refundable payment to the Town in the amount of $500,000 (the “Construction Impact PILOT Payment”) which amount shall be available as deemed needed or appropriate by the Town to address impacts resulting from the construction and development of the Project.

More Definitions of Entitlement Date

Entitlement Date in relation to Section 13 means, a date specified by the Depositary Nominee as the date by reference to which the Depositary Nominee will identify the persons entitled to the benefit of a Corporate Action.

Entitlement Date means the earlier of (a) the applicable CIC Vesting Date, or (b) December 31, 2006.

Entitlement Date has the meaning specified in the definition of "Applicable Price."

Entitlement Date means the date determined by the Board and indicated in the Share Unit grant letter that is no later than December 31 of the third calendar year following the calendar year in which the services corresponding to such Share Unit Award were performed or such other period as may be permitted under paragraph (k) of the definition of “salary deferral arrangement” in subsection 248(1) of the Income Tax Act (Canada) or other applicable provisions thereof, so as to ensure that the Plan is not considered to be a salary deferral arrangement, provided that if a date is not so indicated in the Share Unit grant letter or the date specified is longer than the period permitted pursuant to subsection 248(1) of the Income Tax Act (Canada), the Entitlement Date shall be deemed to be December 31 of the third calendar year following the calendar year in which the services corresponding to such Share Unit Award were performed;As in effect: May 2016

Entitlement Date means the date as at the close of business on which the name of

Entitlement Date means the date when the Entitlements have been obtained.

Entitlement Date means the date, if any, on which the Company has actually obtained all the Entitlements.