Payout Period definition

Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in equal monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of months, as designated in the Director's Joinder Agreement.

Payout Period has the meaning given to such term in Section 1.06 hereof.

Examples of Payout Period in a sentence

• Such liquidated damages shall be paid on a monthly basis through the Payout Period.

• If UiPath issues a refund prior to the end of the Payout Period, You acknowledge and agree that You will not receive and will have no right to receive the fees due to You for a distribution of Your Partner Product.

• On survival of Life Insured till the end of the Policy Term, RPU Income Benefit shall be payable as per the Benefit Payout Frequency chosen during the Benefit Payout Period.

• Any and all payments for the Partner Products shall be made through the Payment Processor, subject to the Payout Period.

• In case the Policyholder has chosen the “Income Benefit with Return of Premium (RoP)” option, the Total Premiums Paid, in addition to the RPU Income Benefit, shall be payable at the end of the Benefit Payout Period.

More Definitions of Payout Period

Payout Period. The period starting on the Annuity Date and during which annuity payments are made.

Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in equal monthly installments commencing within thirty (30) days following the occurrence of the event which triggers distribution and continuing for One Hundred Eighty (180) months. For purposes of the Survivor's Benefit payable hereunder, the Payout Period shall be One Hundred Eighty (180) consecutive months.

Payout Period means the period from the Tuesday (or such other day as is selected by the Commission) after the determination of that Pools Game, to the close of business on the day 12 months after the day that Pools Game was determined;

Payout Period means the time frame during which benefits under this Plan are payable.

Payout Period means the time frame in which certain benefits payable hereunder shall be distributed. Said benefits may (at the request of the Director or his Beneficiary and subject to the Association’s discretion) be paid in a lump sum within thirty (30) days of the event which triggers payment or in equal monthly installments commencing on the first day of the month coincident with or next following said event and continuing for a period of one hundred eighty (180) months.

Payout Period means a period of 10 (Ten) years during which monthly income will be payable every monthiversary from the Policy Anniversary following the date of death of the Life Insured;

Payout Period means the period from the Wednesday after that Oz lotto draw to the close of business one year from that draw;