Distribution and Payment Sample Clauses

Distribution and Payment. Upon termination of your employment relationship with the Company and each of its Subsidiaries as a result of your death or Disability, the shares of Stock related to your Restricted Stock Units that become vested pursuant to paragraph (b) of this Section 6 shall be paid to you immediately (and in no event later than 30 days) following your death. Upon termination of your employment relationship with the Company and each of its Subsidiaries under all other circumstances contemplated by paragraphs (b) and (c) of this Section 6 (“Section 6 Acceleration Events”), the following shall apply:
Distribution and Payment. A roster of all weekly details shall be set up to include all officers on an hours offered basis. Officer(s) in this Article shall refer to members of all ranks.
Distribution and Payment. Upon termination of your employment relationship with the Company and each of its Subsidiaries as a result of your death, the shares of Stock related to your Restricted Stock Units that become vested pursuant to paragraph (b) of this Section 6 shall be paid to you immediately (and in no event later than 30 days) following your death. Upon termination of your employment relationship with the Company and each of its Subsidiaries under all other circumstances contemplated by paragraph (b) of this Section 6 (“Section 6 Acceleration Events”), subject to the last sentence of this Section 6(e) (applicable to certain termination events that may occur at a time after you have reached the age of 65 and have completed 10 Years of Service (defined in Section 6(f) below)), the following shall apply: (i) If (x) you are not a Section 409A Participant at the time of such termination, or (y) you are a Section 409A Participant, but are not a Specified Employee (defined below), at the time of such termination and such termination constitutes a Separation of Service, the shares of Stock related to your Restricted Stock Units that become vested pursuant to such paragraphs shall be paid to you immediately (and in no event later than 30 days) following the termination of your employment relationship with the Company and each of its Subsidiaries. A “Specified Employee” means a “specified employee” within the meaning of Nonqualified Deferred Compensation Rules, as determined in accordance with the procedures specified or established by the Company in accordance with the Nonqualified Deferred Compensation Rules.
Distribution and Payment. Overtime shall be compensated at the rate of one and one-half times the officer’s per diem hourly rate of pay which includes base, longevity, shift differential, specialist pay, and any other pay that is regular weekly compensation (excluding education). Night differential will be included into the overtime rate for all worked overtime shifts by any member who receives night differential as part of their regular pay. A member that is assigned to day shift and who works a night shift on overtime will receive night differential calculated into their overtime rate for that worked night shift.
Distribution and Payment. Within five (5) days ---------------------------------------- following the broadcast of the first Session of a Course, Wharton shall deliver to Caliber seventy-five percent (75%) of the Session Delivery Fee for such Course. Within thirty (30) days following the broadcast of the final Session of the Course, including any period during which enrolled Participants may withdraw from the Course for a refund in accordance with ▇▇▇▇▇▇▇'▇ standard policies, Wharton shall deliver to Caliber the remaining balance of the twenty-five percent (25%) of the Session Delivery Fee for such Course, as adjusted for any refunds given or enrollment fees received by Wharton after the initial payment under this Section 9.3. ------------------ /*/ Text omitted pursuant to a request for confidential treatment and filed seperately with the Securities and Exchange Commission.
Distribution and Payment a. PORT ORANGE and the COMMISSION agree to transfer and accept excess treated potable water and excess treated reclaimed water effluent from each other pursuant to the terms and provisions found in Attachments “A” and “B” respectively. The parties agree that potable water transfer shall only occur for the purpose of emergency or short term capacity needs. In the event that a transfer between parties is required for regularly scheduled maintenance, the requesting party shall schedule with the providing party as soon as practicable to allow the provider to prepare for the transfer As for this agreement, potable water excess means the unused portion of potable water that may be pumped from ▇▇▇▇▇ and processed, which is not stored in reservoirs, or similar facilities, that does not jeopardize the integrity of ▇▇▇▇▇ or exceed plant production or exceed C.U.P.'s or any other permits. b. Nothing contained herein shall be construed to mean that PORT ORANGE or the COMMISSION must transfer any excess treated potable or reclaimed water at any other time. c. The COMMISSION and PORT ORANGE agree that transfers of treated reclaimed water effluent and/or potable water to the Point of Connection shall be at the rates set forth in Attachments “A” and “B”. However, no fee shall be charged, and no fee shall be paid, for the transfer of excess reclaimed water effluent and/or excess potable water transferred between the parties at the request of the transferor.

Related to Distribution and Payment

  • Collection and Payment The Trustees shall have power to collect all property due to the Trust; to pay all claims, including taxes, against the Trust Property or the Trust, the Trustees or any officer, employee or agent of the Trust; to prosecute, defend, compromise or abandon any claims relating to the Trust Property or the Trust, or the Trustees or any officer, employee or agent of the Trust; to foreclose any security interest securing any obligations, by virtue of which any property is owed to the Trust; and to enter into releases, agreements and other instruments. Except to the extent required for a corporation formed under the Delaware General Corporation Law, the Shareholders shall have no power to vote as to whether or not a court action, legal proceeding or claim should or should not be brought or maintained derivatively or as a class action on behalf of the Trust or the Shareholders.

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Calculation and Payment Interest on LIBOR Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof); and (iii) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof); and (iv) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise.

  • Termination and Payment Upon any termination or expiration of this Agreement, Client shall pay all unpaid and outstanding fees through the effective date of termination or expiration of this Agreement. And upon such termination, Consultant shall provide and deliver to Client any and all outstanding services due through the effective date of this Agreement.

  • Computation and Payment Interest shall be computed on the basis of a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in each promissory note or other instrument or document required hereby.