Payment Deferment Sample Clauses

Payment Deferment. In the event of the exercise of all or part of this Warrant after the record date for any event described in Subsection 6.2 or 6.3 but prior to the effective date therefor, the Company may defer until the effective or payment date issuing (and, in case of any stock combination or reclassification that would result in Lennon being entitled to fewer shares of Common Stock, the Company need not issue) to Lennon any shares or property in addition to (or in excess of) that which Lennon would be entitled to own prior to such payment or effective date had Lennon exercised this Warrant (or portion thereof exercised) immediately prior to such record date.
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Payment Deferment. In the event of the exercise of all or part of this Warrant after the record date for any event described in Subsection 6.2 or 6.3 but prior to the effective date therefor, the Company may defer until the effective or payment date issuing (and, in case of any stock combination or reclassification that would result in Henr▇ ▇▇▇ng entitled to fewer shares of Common Stock, the Company need not issue) to Henr▇ ▇▇▇ shares or property in addition to (or in excess of) that which Henr▇ ▇▇▇ld be entitled to own prior to such payment or effective date had Henr▇ ▇▇▇rcised this Warrant (or portion thereof exercised) immediately prior to such record date.
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Payment Deferment. Loan repayment and Interest payment will be deferred (up to five years) while Recipient is enrolled as a full-time student in an approved institution. Interest will accrue at an Annual Interest Rate of Five Percent (5%).
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Payment Deferment. A bargaining unit member may elect to receive his/her severance pay benefit over a three (3) calendar year period following qualification for such benefit. Three (3) equal installments will be paid the first pay date in January of each of the three (3) years. All distributions may be considered taxable in year one of the distribution according to the Internal Revenue Code.
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Payment Deferment. If an employee’s paid vacation period accrues or is payable during a period in which he/she is otherwise entitled to unemployment compensation, the employee’s right to and payment for such ▇▇▇▇- tion shall be deferred for thirty (30) days. If, at the end of such pe- riod, the employee makes a written request for vacation accrued, payment will be made within five (5) working days.
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Related to Payment Deferment

  • Payment Due Payment for services provided by BellSouth, including disputed charges, is due on or before the next ▇▇▇▇ date. Information required to apply payments must accompany the payment. The information must notify BellSouth of Billing Account Numbers (BAN) paid; invoices paid and the amount to be applied to each BAN and invoice (Remittance Information). Payment is considered to have been made when the payment and Remittance Information are received by BellSouth. If the Remittance Information is not received with payment, BellSouth will be unable to apply amounts paid to Freedom’s accounts. In such event, BellSouth shall hold such funds until the Remittance Information is received. If BellSouth does not receive the Remittance Information by the payment due date for any account(s), late payment charges shall apply.

  • No Payment Default Except for payment delinquencies that have been continuing for a period of not more than 29 days, no payment default under the terms of any Receivable exists as of the Cutoff Date.

  • Payment Due Date Unless City notifies the Contractor that a dispute exists, Payment shall be made within [Enter number of days, generally ≥ 30] calendar days, measured from (1) the delivery of goods and/or the rendering of services or (2) the date of receipt of the invoice, whichever is later. Payment is deemed to be made on the date on which City has issued a check to Contractor or, if Contractor has agreed to electronic payment, the date on which City has posted electronic payment to Contractor.

  • Payment Due Dates Whenever any payment hereunder shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or facility fee, as the case may be; provided, however, that if such extension would cause payment of interest on or principal of LIBO Rate Advances or Floating Rate Bid Advances to be made in the next following calendar month, such payment shall be made on the immediately preceding Business Day.

  • Payment Day If the date for payment of any amount in respect of any Note, Receipt or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, “