Transition Payment definition

Transition Payment means [***]*
Transition Payment has the meaning set forth in Section 5.18.
Transition Payment. The greater of (i) Employee's Adjusted Base Salary as ------------------ of the Termination Date and (ii) $500,000.

Examples of Transition Payment in a sentence

  • Without limiting any other provision of this Contract, payment of the Contractor’s compensation may, in the sole discretion of DHS, be tied to contract performance as follows: Transition Payment: Eighty percent (80%) of the Transition Price may be invoiced at the end of the first two months of the Contract term after a successful implementation to operations as determined by the Department.

  • There is hereby provided to the City 8 of Central Falls a one-time lump-sum Appropriation Payment in the amount of $2,636,932 to be 9 used solely for the purposes and subject to the restrictions set forth in the Settlement Agreement 10 to fund Transition Payment to Participating Retirees.

  • However, a spouse or statutory beneficiary under 4 Rhode Island general laws section 45-21.3-1 shall be entitled to sixty-seven and one-half percent 5 (67.5%) of a deceased Participating Retiree’s Transition Payment.

  • Operations and Transition Payment: One twelfth (1/12) of the annual operations and transition payment shall be earned monthly and invoiced the month following the month in which services are performed.

  • The calculation of the payment applicable for the employee is carried out by the employer with the aid of the applicable ‘Calculation Rabobank Transition Payment, which is available via the HR Portal.


More Definitions of Transition Payment

Transition Payment has the meaning set forth in Section 1.2(b).
Transition Payment means [**].
Transition Payment means the fixed payments for which capacity resources are eligible during the Transition Period under Section VIII of the Settlement Agreement.
Transition Payment means a monthly transition payment payable by us to the Provider in advance of a month in which Services will be provided during the transition period, as specified in Schedule H1. Transition Pool is described in clause H22.2. Uncontrollable Event means an event which is beyond the reasonable control of the party immediately affected by the event (including where we have failed to make due payment because of an event beyond our reasonable control). An Uncontrollable Event does not include any risk or event which the party claiming could have prevented or overcome by taking reasonable care. Unusual Clinical Circumstances has the same meaning given to it in the Pharmaceutical Schedule. Urgent Assessment has the same meaning given to it in the Pharmaceutical Schedule. Urgent Pharmacy means a Pharmacy which is established for the purpose of selling medicines at any time outside ordinary business hours and is not normally operated during ordinary business hours. Voluntary Variation means a variation to this Agreement described in clauses L2.1(a).
Transition Payment has the meaning given to it in paragraph 3.2 of Schedule 5 (Payment Mechanism);
Transition Payment means a monthly transition payment payable by us to the Provider in advance of a month in which Services will be provided during the transition period, as specified in Schedule H1. Transition Pool is described in clause H22.2. Uncontrollable Event means an event which is beyond the reasonable control of the party immediately affected by the event (including where we have failed to make due payment because of an event beyond our reasonable control). An Uncontrollable Event does not include any risk or event which the party claiming could have prevented or overcome by taking reasonable care. Unregistered Medicines means a Pharmaceutical that is listed on the Pharmaceutical Schedule and Dispensed in accordance with either section 26 or section 29 of the Medicines Act; Unusual Clinical Circumstances has the same meaning given to it in the Pharmaceutical Schedule. Urgent Assessment has the same meaning given to it in the Pharmaceutical Schedule. Urgent Pharmacy means a Pharmacy which is established for the purpose of selling medicines at any time outside ordinary business hours and is not normally operated during ordinary business hours. Voluntary Variation means a variation to this Agreement described in clauses L2.1(a).
Transition Payment means a payment calculated as follows: Hourly Rate multiplied by the number of hours of accrued but untaken annual leave the Employee has immediately prior to the Payment Commencement Date = X