Examples of Deferral in a sentence
Interest will be charged at the per annum rate shown in the table at the beginning of this AGREEMENT, under the field titled “Interest Rate / Loan Term / Deferral Period”.
For all full-time Administrators who are eligible for early retirement 100% of the amount defined in Section 1 will be placed into the administrator’s Special Pay Deferral Plan (subject to the applicable IRS limits).
The loan shall be repaid annually by the RECIPIENT and shall commence one (1) year after the month in which the PROJECT is completed unless the RECIPIENT opts for a deferral period indicated in the table at the beginning of this Agreement, under the field titled “Interest Rate / Loan Term / Deferral Period”.
The STATE will supply an invoice that includes the payment address, payment amount, payment due date, and the calculated existing balance of the loan based on the interest rate, loan term, and deferral period indicated in the table at the beginning of this Agreement, under the field titled “Interest Rate / Loan Term / Deferral Period”.
Limitations In any application year, the maximum Employee Elective Deferral shall not cause an employee’s §403(b) account to exceed the applicable contribution limit under §402(g) of the Internal Revenue Code of 1986, as amended (the (“Code”), as adjusted for cost- of-living increases.