Reliance Period definition

Reliance Period means the reliance period under the applicable rule set forth in Treasury Regulation Section 1.162-27(f)(2).
Sample 1Sample 2Sample 3
Reliance Period has the meaning set forth in Section 5.4(a).
Sample 1

Examples of Reliance Period in a sentence

  • In the case of Non-Incentive Stock Options granted on or before the Reliance Period Termination Date, the Option Price shall not be less than fifty percent (50%) of the Fair Market Value of the shares of Common Stock on the date of grant of the Option.

  • With respect to Awards which are granted to Covered Employees and are intended to qualify as Performance-Based Compensation following the Section 162(m) Reliance Period, no adjustment or action described in this Section 11.3 or in any other provision of the Plan shall be authorized to the extent that such adjustment or action would cause such Award to fail to so qualify under Code Section 162(m)(4)(C).

  • With regard to an Award that is intended to qualify as Performance-Based Compensation following the Section 162(m) Reliance Period, to the extent any such provision set forth in the prior sentence would create impermissible discretion under Section 162(m) of the Code or otherwise violate Section 162(m) of the Code, such provision shall be of no force or effect.

  • The aim is to explore the structural changes of the bacterium as well as to identify the effective components of the essential oil.

  • The Committee shall consist of no fewer than two individuals, each of whom is a Nonemployee Director and, after the expiration of the "Reliance Period" as defined in the regulations promulgated under Section 162(m) of the Code, an Outside Director.

  • In the case of Non-Incentive Stock Options granted after the Reliance Period Termination Date, the Option Price shall not be less than one hundred percent (100%) of the Fair Market Value of the shares of Common Stock on the date of grant of the Option.

  • Following the Reliance Period, if Grants are to be made as “qualified performance-based compensation” under section 162(m) of the Code, the Plan must be approved by the stockholders in accordance with section 162(m).

  • PRIMELT2 computes the Ni contents of coexisting olivine and liquid using partition coefficients from Beat- tie et al.

  • Following the Reliance Period, if Grants are to be made as “qualified performance-based compensation” under section 162(m) of the Code, the Plan must be approved by the stockholders in accordance with section 162(m) of the Code, and the Plan must be reapproved by the stockholders no later than the first stockholders meeting that occurs in the fifth year following the year in which the stockholders previously approved the Plan, if required by section 162(m) of the Code or the regulations thereunder.

  • Following the Reliance Period, if Grants are to be made as “qualified performance-based compensation” under section 162(m) of the Code, this Plan must be approved by the stockholders in accordance with section 162(m).

Related to Reliance Period

  • Compliance Period means a period of time that the Development shall conform to all set-aside requirements as described further in the rule chapter and agreed to by the Applicant in the Application.

  • Distribution Compliance Period with respect to any Notes, means the period of 40 consecutive days beginning on and including the later of (i) the day on which such Notes are first offered to Persons other than distributors (as defined in Regulation S under the Securities Act) in reliance on Regulation S and (ii) the issue date with respect to such Notes.

  • Compliance year means the calendar year beginning with June 1 and ending with May 31 of the following year, for which a Retail Electricity Supplier must demonstrate that it has met the requirements of this Regulation.

  • Issuance Period shall have the meaning specified in paragraph 2B(2).

  • Applicable Period See Section 2(b) hereof.

  • Free period means any Period other than the Prohibited Period.

  • Maintenance Period means the period so specified in an adoption agreement as a period of time—

  • Non-Solicitation Period means a period of 12 months after the termination of Executive’s employment with the Company.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • prescribed period means 14 days;

  • Remittance Period means, (a) as to the initial Payment Date, the period beginning on, and including, the Closing Date and ending on, and including, the Determination Date immediately preceding such Payment Date and (b) as to any subsequent Payment Date, the period beginning, and including, on the first day after the most recently ended Remittance Period and ending on, and including, the Determination Date immediately preceding such Payment Date, or, with respect to the final Remittance Period, the Collection Date.

  • Daily Rate Period means a period commencing on one Business Day and extending to, but not including, the next succeeding Business Day, during which Multi-Modal Bonds bear interest at the Daily Rate.

  • Hire Period means the period commencing when the Customer holds the Hire Goods on hire (including Saturdays Sundays and Bank Holidays) and ending upon the happening of any of the following events:

  • disclosure period means the period commencing on 16 December 2008, being the date 12 months prior to the date of the posting of this document and ending on the disclosure date;

  • Experience period means the most recent period of time for which experience is reported, but not for a period longer than three (3) full years. (7-1-93)

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Restricted Period means the 40-day distribution compliance period as defined in Regulation S.

  • Initial Rate Period means, with respect to the VMTP Shares of any Series, the period commencing on and including the Date of Original Issue thereof and ending on, and including, the next succeeding calendar day that is a Wednesday (or if such Wednesday is not a Business Day, the next succeeding Business Day).

  • Covenant Period means the period of time from the date of this Agreement to the date that is two years after the Date of Termination.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Trading Period means the term as defined in the NEPOOL GIS Operating Rules.

  • Defined Period means for any given calendar month or date of determination, the twelve (12) month period ending on the last day of such calendar month or if such date of determination is not the last day of a calendar month, the twelve (12) month period immediately preceding any such date of determination.