Payment Shares. Subject to the overall limitation on the number of shares of Stock that may be delivered under the Plan, the Committee may use available shares of Stock as the form of payment for compensation, grants or rights earned or due under any other compensation plans or arrangements of the Company or a Related Company, including the plans and arrangements of the Company or a Related Company acquiring another entity (or an interest in another entity).
Payment for Shares. The Committee has determined that the services rendered by Recipient to the Company provided value equal to the par value of the Vested Shares awarded and, therefore, no cash payment to the Company is required.
Payment for Shares. The exercise price of the Shares with respect to which an Option is exercised shall be payable at the time of exercise in accordance with procedures established by the Company. The exercise price of any Option may be paid in cash or, to the extent allowed by the Committee, an irrevocable commitment by a broker to pay over such amount from a sale of the Shares issuable under an Option, the delivery (either physically or by attestation) of previously owned Shares, or a combination thereof or any other method approved by the Committee.
Payment in Shares. In the event the Advisor, in its sole discretion, elects to be paid any of the fees set forth in this Article 8 in Class I Shares (in lieu of cash payment), the number of Class I Shares shall be equal to # the cash amount of such fee; divided by # the then current offering price (or the most recent offering price if the Company is not engaged in a public offering) of the Class I Shares net of dealer manager fees and selling commissions.
Payment for Purchase Shares. For each Purchase, shall, on the Put Closing Date, pay to an amount equal to the Purchase Amount with respect to such Purchase as full payment for such Purchase Shares via wire transfer of immediately available funds three (3) Business Days after receives such Purchase Shares, if such Purchase Shares are received by before 1:00 p.m., Eastern time, or, if such Purchase Shares are received by after 1:00 p.m., Eastern time, the third (3rd) Business Day. If for any reason or for no reason does not receive the Purchase Shares as DWAC Shares (other than ’s inability to receive such DWAC Shares) or delivery by other means of such Purchase Shares to in respect of a Purchase within four (4) Business Days following the receipt by of the Purchase Price therefor in compliance with this Section 2(b), and if on or after such Business Day purchases (in an open market transaction or otherwise) shares of Common Stock to deliver in satisfaction of a sale by of such Purchase Shares that anticipated receiving from in respect of such Purchase, then shall, within three (3) Business Days after ’s request, either # pay cash to in an amount equal to ’s total purchase price (including brokerage commissions, if any) for the shares of Common Stock so purchased (the “Cover Price”), at which point ’s obligation to deliver such Purchase Shares as DWAC Shares shall terminate, or # promptly honor its obligation to deliver to such Purchase Shares as DWAC Shares and pay cash to in an amount equal to the excess (if any) of the Cover Price over the total Purchase Price for such Purchase. shall not issue any fraction of a share of Common Stock upon any Purchase. If the issuance would result in the issuance of a fraction of a share of Common Stock, shall round such fraction of a share of Common Stock up or down (or, in the case of one-half (1/2) share, shall round down) to the nearest whole share. All payments made under this Agreement shall be made by wire transfer of immediately available funds to such account as may from time to time designate by written notice in accordance with the provisions of this Agreement. Whenever any amount expressed to be due by the terms of this Agreement is due on any day that is not a Business Day, the same shall instead be due on the next succeeding day that is a Business Day. The foregoing notwithstanding, may withhold a portion of the Purchase Price to the extent that has failed to deliver Purchase Shares to in connection with a previous Put. Notwithstanding anything to the contrary in this Agreement, if shall deliver Purchase Shares to and has not paid the Purchase Price provided for hereunder, shall pay for such Purchase Shares as soon as practicable thereafter in accordance with the terms of this Agreement or, if requested by , return such Purchase Shares to .
Payment of Performance Shares. After a Performance Period has ended, the holder of a Performance Share shall be entitled to receive in cash the value thereof as determined by the extent to which performance goals discussed in Section 12(b) have been met.
Payment. Ford shall deliver to Ford Credit a schedule reflecting the interest on the net Contingent Tax Liabilities or net Adjusted Tax Asset Balance no later than one month prior to the end of each calendar year quarter. Ford Credit shall pay Ford or Ford shall pay Ford Credit, as the case may be, in accordance with their customary intercompany settlement procedure, the interest amount.
Payment. Upon exercise of an SAR related to an Option and the attendant surrender of an exercisable portion of any related Award, the Participant will be entitled to receive payment of an amount determined by multiplying:
Payment. Buyer shall deliver to Seller, not later than five days after Closing, certificates for the SOG Common Stock portion of the Purchase Price, and the cash portion of the purchase price or a promissory note (“Purchase Price Note) for the Cash Portion of the Purchase Price; and
Payment. The Borrower shall fail to pay # any principal of any Loan when the same becomes due and payable, including any mandatory prepayment required by Section 2.06, or # any interest on the Loans, any fees, reimbursements, indemnifications, or other amounts payable under this Agreement or any other Loan Document within three (3) days after the same becomes due and payable;
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.