Exit Payment definition

Exit Payment means the assets required to be paid by the exiting employer over such period of time as the administering authority considers reasonable, to meet the liabilities specified in paragraph (2);

Exit Payment means a payment of that description under regulation 64 (special circumstances where revised actuarial valuations and certificates must be obtained) or its equivalent under any of the Earlier Schemes;

Exit Payment means the amount determined by Citi in its absolute discretion and by whatever means Citi deems appropriate. Without limiting the foregoing, in determining the Exit Payment, Citi may adjust the Exit Payment for any costs, losses or expenses that it incurs in relation to the Early Maturity, including without limitation, Costs and Taxes, Break Costs, administrative costs, costs of unwinding any hedge put in place for the purposes of meeting its obligations under these Terms, and any cost of funding or any loss of bargain;

Examples of Exit Payment in a sentence

• Where such termination of this Agreement, whole or in part, occurs during the Lock-in Period, SERVICE PROVIDER shall be entitled, in addition to outstanding payments, for the Exit Payment from the Customer.

• The unavoidable costs left behind by departing Member Agencies are commonly referred to as “stranded costs.” Member Agencies shall pay the Mandatory Exit Payment as means of reducing but not eliminating the burden of stranded costs on the remaining Member Agencies.

• This Agreement shall expire (and the obligations and liabilities of the Shareholders shall cease and determine absolutely) on the full payment of the Exit Payment by the Admission Body (or by the Shareholders under clause 2) which fully discharges the Admission Body’s obligations and liabilities to the Fund.

• Your Entry Payment is a payment made by you on entering this Agreement and in exchange for the right to receive the Exit Payment as set out in this clause 3.4 and clause 69.

• This clause applies until you have been paid your Exit Payment in accordance with clause 73 of this Agreement.

More Definitions of Exit Payment

Exit Payment means the amount as set out in the rates and adjustments certificate referred to in sub-paragraph (2)(b) required to be paid by the exiting employer over such period of time as the administering authority considers reasonable, to meet the liabilities specified in paragraph (2);

Exit Payment has the meaning given to it in Section 2.3(c).

Exit Payment a payment required by the Administering Authority in accordance with Regulation 64(2) of the 2013 Regulations.

Exit Payment means the amount of which shall immediately become due and payable by the Customer in case of earlier termination of this Agreement prior to the expiry of Lock-in period.

Exit Payment means the “First Lien Exit Payments” (as defined in the Fee Letter).

Exit Payment means the amount of which shall immediately become due and payable by the Customer in case of earlier termination of this Agreement prior to the expiry of Lock- in period.

Exit Payment means an additional payment, separate to severance pay and all other wages or statutory entitlements owing to an employee at the time of redundancy, which may be offered to an employee whose position has become redundant. The offer of an ‘exit payment’ as part of a departure payment is at the sole discretion of the CEO and may not be offered or available in all cases.