Lump Sum Payment Date definition

Lump Sum Payment Date means three business days after the later of the Termination Date or the date the Release Condition is satisfied.
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Lump Sum Payment Date means the Return Due Date for the taxable year which ends on the Lump Sum Record Date.
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Lump Sum Payment Date means February 1, 2024; subject, however, to the “administrative delay” rule described in Treasury Regulation Sections 1.401(a)-20, Q&A 10(b)(3) and 1.417(e)- 1(b)(3)(vii), notwithstanding the general inapplicability of such Treasury Regulations to the Plan.
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Examples of Lump Sum Payment Date in a sentence

  • If Landlord fails to pay the Abated Rent Lump Sum Payment by the Lump Sum Payment Date or the financing or sale transaction for the Building, if applicable, expires or is terminated or deemed null and void for any reason, Landlord’s exercise of the Lump Sum Payment Option shall be deemed null and void and of no further force or effect and the Abated Rent Lump Sum Payment, if theretofore paid by Landlord to Tenant, shall promptly be returned by Tenant to Landlord.

  • The Lump Sum Payment Date shall be the date that the Company shall have fully paid or caused to be paid or otherwise provided for (in a manner satisfactory to NVIDIA) all Liquidated Claims.

  • Upon the Lump Sum Payment Date, Executive's Severance Pay under Section 4(a)(i) shall cease, and he shall receive the Lump Sum Payment.

  • For purposes of computing the discounted Tax Benefits for each Taxable Period, such Tax Benefits shall be assumed to be earned ratably throughout the year and shall be discounted to the Lump Sum Payment Date.

  • Buyer, Xxxxxxx and other members of the Buyer Group shall, on the Lump Sum Payment Date, pay Resources the present value of 90% of all the Tax Benefits with respect to all Taxable Periods ending after the Lump Sum Record Date (the "Lump Sum Tax Benefit Amount").

  • The Company shall also provide Associate with an automobile allowance of $16,800, one-half of which shall be paid on the Lump Sum Payment Date, and the remaining one-half of which shall be paid in substantially equal installments at the same time the installment payments are made pursuant to clause (ii) of the immediately preceding sentence.

  • If the Employee does not elect the installment method at least one (1) year prior to the date that the Severance Payment is due to be made to the Employee, he shall be deemed to have elected to receive the Severance Payment in one lump sum on the Lump Sum Payment Date.

  • Upon a Participant's Termination of Employment, on each Lump Sum Payment Date or Installment Payment Date (as such terms are defined below) the Company shall debit his or her Accounts and pay to such Participant (or in the event of the Participant's death, to his or her Beneficiary) amounts at the times determined pursuant to this Section 3.4.

  • The Employee may, upon executing this Agreement or thereafter, upon written notice to the Company, elect to receive the Grandfathered Amount of any Severance Payment in installments payable on such date or dates on or subsequent to the Lump Sum Payment Date as the Employee may specify in such notice.

  • Subject to Sections 6 and 7 hereof, the Company shall pay the Executive a one-time transaction bonus in a single cash lump sum of $1,775,000 (the “Transaction Bonus”), less all applicable tax withholdings and other authorized deductions on the Severance Benefits Lump Sum Payment Date.


More Definitions of Lump Sum Payment Date

Lump Sum Payment Date means the later of (a) two business days after the seven day period for revocation specified in the Release has expired, and (b) 30 days after the Termination Date.
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Related to Lump Sum Payment Date

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Scheduled Final Payment Date means, with respect to the Storm Recovery Bonds, the date with respect to each tranche when all interest and principal is scheduled to be paid in accordance with the Expected Sinking Fund Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date shall be the last Scheduled Payment Date set forth in the Expected Sinking Fund Schedule. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Storm Recovery Bonds.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Expected Final Payment Date means, with respect to each Series or, if applicable, each Class of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Series or Class in accordance with the Expected Amortization Schedule, as specified in the Series Supplement therefor.

  • 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.

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.