Deferred Date definition
Examples of Deferred Date in a sentence
Notwithstanding a Participant’s Election pursuant to this Section 7, if a Change in Ownership or Control (within the meaning of Section 409A) occurs prior to the Deferred Date, the Deferred Amounts will be distributed to the Participant on the date of the Change in Ownership or Control.
If prior to the Deferred Date ------------------------- Executive ceases to be employed by the Company for any reason, then the Benefit Amount otherwise payable under paragraph 1 above shall become due and payable on the 45th day after the Termination Date.
If prior to the Deferred Date Executive ceases to be employed by the Company for any reason, then the Benefit Amount otherwise payable under Section 1 above shall become due and payable on the Termination Date.
Notwithstanding anything to the contrary in Section 4.5, a payment pursuant to Section 4.5 shall be made on or after the 409A Deferred Date and by the end of the taxable year of the Executive (or his estate), as applicable, following the taxable year in which the applicable taxes are remitted.
Funding Agreement; and (ii) such transfer or granting of participation rights will not entail amendments to the Senior Debt Funding Agreement (together with the amendment thereto executed by the Deferred Date), other than amendments which are required in order to facilitate the said transfer or granting of participation rights and which relate to the relationship between the Funders.
Notwithstanding anything to the contrary in Sections 4.1 and 4.2, the taxable amounts payable by the Company to the Executive pursuant to subsections (a)(ii), (b), (d) and (e) of Section 4.1 or 4.2, as applicable, and other Company separation pay plan amounts shall be paid on the first day following the six (6) month anniversary of the Date of Termination ("409A Deferred Date").
In the event that the Concessionaire, IDB and Thethe CTA shall fail to validate the settlement agreement between themSettlement Agreement and to sign a mutual waiver of claims in respect of each other regarding the finance of the Project as described above by the Deferred Date, then this Amendment shall be voidable, at the discretion of the CTA.
Seller will make arrangements to deliver to Buyer original copies of all letters of credit being held by, or on behalf of, any Asset Owning Entity, as promptly as practicable after the Closing Date or the Deferred Date, if any, applicable to the relevant Specified Ownership Interest transferred to Buyer pursuant to this Agreement.
Notwithstanding the foregoing, to the extent that a Grantee elects, pursuant to Section 6 of the Agreement, to defer the issuance of the shares of Company Stock that vest under the Agreement, those vested shares shall be issued on the Deferred Date (as defined in Section 6 of the Agreement) in accordance with the provisions of that Section.
In the event Employee resigns within the first year of employment, the pro-rata portion of the shares awarded and valued as of the Deferred Date must be repaid to the Corporation.