Specified Payment Date definition
Examples of Specified Payment Date in a sentence
In such case, settlement of PSUs (and any related Dividend Equivalents) will occur as soon as practicable after the Specified Payment Date, Change in Control, or Termination of Service, as applicable, but in any event no later than sixty (60) days thereafter.
Such lump sum payment shall be paid to Executive on the Specified Payment Date.
Notwithstanding any other provision to the contrary contained in any Loan Document or any Mezzanine Loan Document, on or prior to the Specified Payment Date the Specified Mezzanine Notes may be purchased or repaid on a non-pro rata basis ahead of the Mortgage Note or the other Mezzanine Notes as contemplated in this Agreement.
Notwithstanding the foregoing, if any Specified Mezzanine Note is repaid but remains outstanding on or after the Specified Payment Date as a result of the provisions of Article VI and such Specified Mezzanine Note becoming a DPO Mezzanine Loan thereunder, such Specified Mezzanine Note shall be deemed to be repaid in full for all purposes of this Agreement and the other Loan Documents and such Specified Mezzanine Note shall cease to be a Specified Mezzanine Note hereunder.
In such case, settlement of RSUs (and any related Dividend Equivalents) will occur as soon as practicable after the Specified Payment Date, Change in Control, or Termination of Service, as applicable, but in any event no later than sixty (60) days thereafter.