Example ContractsClausesDetermination of Amount of Cash Installment Payments
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Regardless of whether the Director has elected to convert DSUs to cash value under [section D] above, all payouts of a Director's DSU Account will be paid in cash.

Installment Payments. The amount of an installment payment from a Participant’s Accounts shall equal the product of # the sum of the balance credited to such Accounts, as determined in good faith by the Company on such date as is as near as reasonably practicable to the date of payment, and # a fraction, the numerator of which is one and the denominator of which is the total number of installments remaining to be paid at the time (including the installment about to be paid).

Cash Payments. RMR will pay you a cash payment in the amount of , less applicable deductions, on the later of or ten (10) days after your execution of [Exhibit A], and a second lump sum payment of , subject to applicable deductions, on the later of or ten (10) days after your execution of [Exhibit B].

Tax Sharing Installment Payments. (a) Federal Income Taxes. Ford may, in its sole discretion, deliver to Ford Credit a schedule, not later than five business days prior to any Estimated Tax Installment Date with respect to any taxable period, setting forth the estimated amount of the related installment of the Ford Credit Federal Income Tax Liability determined under the principles of Section 6655 of the Code. Ford Credit shall pay Ford in accordance with their customary intercompany settlement procedure.

Application to Installment Payments. If the first payment in a series of annual installment distribution is delayed under [Section 8.1] to the calendar year (the “first payment year”) following the year in which such payment would otherwise be payable, subsequent installments, up to the total number of installments elected, shall be made on March 15 of each successive calendar year following the first payment year.

Treatment of Installment Payments. Each payment of termination benefits under [Sections 4.3 or 4.4]4] of this Plan, including, without limitation, each installment payment, shall be considered a separate payment, as described in Treas. Reg. [[Section 1.409A-2(b)(2)])]])], for purposes of Section 409A of the Code.

Installment Payments to Contractors. If a contractor performing any repair, construction or other work at any Property requires periodic payments pursuant to the terms of a written contract and, in the case of a contract providing for aggregate payments in excess of the Major Repair Threshold, if the Agent has Approved in writing in advance such periodic payments and all information required in order to adequately review such request and requested by the Agent, then disbursements from the CapEx Reserve Account and/or Renovations Reserve Account in respect of such repair, construction or other work at any Property shall, upon the Borrowers’ request delivered pursuant to [Section 7.4.2] or [Section 7.5.2], as applicable, be made after completion of a portion of the work under such contract, provided all other conditions in this Agreement for disbursement have been satisfied.

Determination of Amount Outstanding. On each Quarterly Date and, in addition, promptly upon the receipt by the Administrative Agent of a Currency Valuation Notice (as defined below), the Administrative Agent shall determine the aggregate Revolving Multicurrency Credit Exposure. For the purpose of this determination, the outstanding principal amount of any Loan that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount in the Foreign Currency of such Loan, determined as of such Quarterly Date or, in the case of a Currency Valuation Notice received by the Administrative Agent prior to , New York City time, on a Business Day, as of such Business Day or, in the case of a Currency Valuation Notice otherwise received, as of the first Business Day after such Currency Valuation Notice is received. Upon making such determination, the Administrative Agent shall promptly notify the Multicurrency and the Borrower thereof.

Portion of Installment Amount to be Paid in Cash: ​

Changes in Cash Compensation Amount. In the event a Nonemployee Director were to become entitled to a greater annual cash compensation amount (either as a result of an increase in the cash compensation amounts approved by the Board or a new Committee membership or role) during a particular Retainer Quarter, such Nonemployee Director will be entitled to receive the difference paid in cash pursuant to the terms above. There would be no effect upon the Optional RSU Grant in the event a Nonemployee Director would have otherwise been entitled to a lesser amount of cash compensation than that which was used to calculate the Optional RSU Grant as a result of a decrease in the cash compensation amounts approved by the Board or a decreased Committee membership or role.

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