Deferment Period Sample Clauses

Deferment Period. A period at the beginning of a period of Temporary Total Disablement or Temporary Partial Disablement during which benefits are not payable.
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Deferment Period. In the event that there is no such position vacant at the time of severance, the employee can elect to defer claiming severance pay for a period not to exceed three
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Deferment Period. The initial period of Temporary Total Disablement or Temporary Partial Disablement during which the Sum Insured under items 5 or 6 of section A shown on the Schedule is not payable.
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Deferment Period. Deferment period means the number of consecutive days as stated in the schedule:
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Deferment Period. Deferment period means the number of consecutive days as stated in the schedule from the date the insured person suffers temporary total disablement or temporary partial disablement during which no benefits are payable. The sum of money represented by such periods shall not contribute towards any claim for benefits or other indemnification under this insurance.
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Deferment Period. The Deferment Period shall be the earlier of (i) the date on which the amount of forgiveness determined under section 1106 of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) is remitted to Lender (or, if earlier, the date the [SBA] determines that the loan is not eligible for forgiveness in the full amount requested), or (ii) if Borrower fails to apply for forgiveness within 10 months after the date that is the earlier of (A) 24 weeks after the date of the Note or (B) December 31, 2020 (the “Covered Period”), the date that is 10 months after the last day of the Covered Period. Interest will continue to accrue during the Deferment Period. Lender will provide Borrower the monthly payment amount after the Deferment Period. ​ NEVADA STATE BANK 0000 Xxxxx 0000 Xxxx Xxxx Xxxxxx Xxxx, XX 00000 ​ ​ ​ GAMING ENTERTAINMENT INDIANA LLC 0000 XXXXXXXX XXXXX XX XXX 000 XXX XXXXX, XX 00000-0000 ​ ​ ​ ​ ​ ​ ​ Loan Number: **************** Loan Description: COMM TERM – PAY AS RECIEV Principal Balance: $3,393,900.00 ​ ​ ​ PAYMENT CHANGE NOTICE NOTICE DATE: September 22, 2020 ​ ​ Dear Borrower, ​ Your loan payment amount has been re-amortized. Please see below for the new payment amount required. This new payment will be due MONTHLY starting September 03, 2021. ​
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Deferment Period. If a student remains below the minimum income after the grace period, the ISA is considered to be in deferment status, meaning students don’t make payments and the term of the ISA doesn’t yet start. Typically ISAs come with maximum deferment periods of 1 to 3 years. During any deferment period, students make no payments, but the remaining number of monthly payments do not get shorter. If a student remains below the minimum income threshold for the maximum deferment period, then the remaining term begins to get shorter. For example, a student completes a program paid for using an ISA with a 2-year term and a 2-year deferment period. If that student then has an income below the minimum threshold, first the 2-year deferment period will pass, and then the 2- year term itself would pass, at which point the ISA contract would be considered completed. Sources:-xxxxx://xxxxxxxxxxxxxxxxxxxxx.xxx/financial-aid/ignite-income-share-agreement/income-share-agreement/
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Deferment Period. If You elected the Full Deferment option, you will not be required to make payments of principal and interest during the Deferment Period. If You elected the Principal Deferment option, You will be required to make monthly payments equal to the amount of accrued interest. If you elected either the Full or Principal Deferment options Lender may require You to pay a monthly fee in the amount of twenty-four dollars ($24) for every partial or full calendar month during which principal payments are deferred. Your Deferment Period will end if you fail to pay the monthly fee as scheduled. Lender will add unpaid accrued interest and fees to the principal balance of Your loan at the end of Your Deferment Period and any forbearance period. The resulting sum is thereafter considered the principal and interest will accrue on the new principal balance.
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Related to Deferment Period

  • Payment Period Whenever a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment shall be made within forty (40) days following the date of termination), the actual date of payment within the specified period shall be within the sole discretion of the Company.

  • Settlement Period (a) For recording time worked, there shall be a settlement period of four weeks.

  • AGREEMENT PERIOD The terms of this Agreement and the performance of the parties hereto shall commence, or be deemed to have commenced, the 1st day of January 2020 and will continue through the 31st day of December 2020, both dates inclusive, unless sooner terminated or extended as provided for herein.

  • Funding Period The Funding Period, if any, shall not have terminated.

  • Black-Out Periods (a) Notwithstanding Section 2, and subject to the provisions of this Section 3, the Company shall be permitted, in limited circumstances, to suspend the use, from time to time, of the Prospectus that is part of a Shelf Registration Statement (and therefore suspend sales of the Registrable Securities under such Shelf Registration Statement), by providing written notice (a “Suspension Notice”) to the Selling Holders’ Counsel, if any, and the Holders, for such times as the Company reasonably may determine is necessary and advisable (but in no event for more than an aggregate of ninety (90) days in any rolling twelve (12)-month period commencing on the date of this Agreement or more than forty-five (45) consecutive days, except as a result of a refusal by the Commission to declare any post-effective amendment to the Shelf Registration Statement effective after the Company has used all reasonable best efforts to cause the post-effective amendment to be declared effective by the Commission, in which case, the Company must terminate the black-out period immediately following the effective date of the post-effective amendment) if either of the following events shall occur: (i) a majority of the Board determines in good faith that (A) the offer or sale of any Registrable Securities would materially impede, delay or interfere with any proposed financing, offer or sale of securities, acquisition, corporate reorganization or other material transaction involving the Company, (B) after the advice of counsel, the sale of Registrable Securities pursuant to the Shelf Registration Statement would require disclosure of non-public material information not otherwise required to be disclosed under applicable law, and (C) (x) the Company has a bona fide business purpose for preserving the confidentiality of such transaction, (y) disclosure would have a material adverse effect on the Company or the Company’s ability to consummate such transaction, or (z) such transaction renders the Company unable to comply with Commission requirements, in each case under circumstances that would make it impractical or inadvisable to cause the Shelf Registration Statement (or such filings) to become effective or to promptly amend or supplement the Shelf Registration Statement on a post-effective basis, as applicable; or (ii) a majority of the Board determines in good faith, upon the advice of counsel, that it is in the Company’s best interest or it is required by law, rule or regulation to supplement the Shelf Registration Statement or file a post-effective amendment to the Shelf Registration Statement in order to ensure that the Prospectus included in the Shelf Registration Statement (1) contains the information required under Section 10(a)(3) of the Securities Act; (2) discloses any facts or events arising after the effective date of the Shelf Registration Statement (or of the most recent post-effective amendment) that, individually or in the aggregate, represents a fundamental change in the information set forth therein; or (3) discloses any material information with respect to the plan of distribution that was not disclosed in the Shelf Registration Statement or any material change to such information. Upon the occurrence of any such suspension, the Company shall use its reasonable best efforts to cause the Shelf Registration Statement to become effective or to promptly amend or supplement the Shelf Registration Statement on a post-effective basis or to take such action as is necessary to make resumed use of the Shelf Registration Statement as soon as possible.

  • week period If an employee fails to return at the end of the family care or medical leave, the CSU may require repayment of insurance premiums paid during the unpaid portion of the leave. The CSU shall not require repayment of premiums if the employee's failure to return is due to his/her serious health condition or due to circumstances beyond the employee's control.

  • Meal Period ‌ A Contractor shall schedule an unpaid period of not more than 1/2 hour duration at the work location between the 3rd and 5th hour of the scheduled shift. A Contractor may, for efficiency of operation, establish a schedule which coordinates the meal periods of two or more crafts or which provides for staggered lunch periods within a craft or trade. If an employee is required to work through the meal period, the employee shall be compensated in a manner established in the applicable Schedule A.

  • Enrollment Period 1. An “annual” enrollment period shall be held at a time mutually agreed upon by the District and the Association. During the enrollment period, any employee previously eligible for benefits who had not enrolled in one of the Board provided health- care options will be permitted to enroll in such a plan, subject to carrier provisions. During the enrollment period, dependents previously eligible for benefits who had not enrolled in one of the Board provided health- care options will be permitted to enroll in such a plan.

  • Vacation Period ‌ The choice of vacation periods shall be granted to employees on the basis of seniority with the Employer except where the period requested would be detrimental to the operation of the Employer.

  • Development Period The Contractor may commence pre-construction activities like utility shifting, boundary wall construction or any other activity assigned to the Contractor by the Authority to enable construction of the Project Highway immediately after signing of the Agreement, to the extent that such work is ready for execution. The Parties agree that these works may be taken up and completed to the extent feasible by the Contractor, before declaration of the Appointed Date, but no claim against the Authority for delay shall survive during this period and that the undertaking of these works by the Contractor shall not count towards the Scheduled Construction Period of the project which starts counting only from the Appointed Date. No construction activity of the Project Highway shall be undertaken during the development period.

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