{"component": "clause", "props": {"groups": [{"size": 27, "samples": [{"hash": "a87krvVthS", "uri": "/contracts/a87krvVthS#deferred-amounts", "label": "Collective Bargaining Agreement", "score": 33.4787330627, "published": true}, {"hash": "ejOi4G6arNQ", "uri": "/contracts/ejOi4G6arNQ#deferred-amounts", "label": "Collective Bargaining Agreement", "score": 33.4766349792, "published": true}, {"hash": "4qpggU3jCqw", "uri": "/contracts/4qpggU3jCqw#deferred-amounts", "label": "Memorandum of Agreement", "score": 31.8136177063, "published": true}], "snippet": "Only deductions that employees defer during the match period shall be matched by the District.", "snippet_links": [{"key": "match-period", "type": "definition", "offset": [48, 60]}, {"key": "by-the-district", "type": "clause", "offset": [78, 93]}], "hash": "33dfc6bd482cd779c0b56f1b8cbc168e", "id": 1}, {"size": 7, "samples": [{"hash": "d1sPoAP8R90", "uri": "/contracts/d1sPoAP8R90#deferred-amounts", "label": "Collective Agreement", "score": 23.5412921906, "published": true}, {"hash": "7juW6oOD4AL", "uri": "/contracts/7juW6oOD4AL#deferred-amounts", "label": "Collective Agreement", "score": 23.5412921906, "published": true}, {"hash": "kj4Qt1G033J", "uri": "/contracts/kj4Qt1G033J#deferred-amounts", "label": "Collective Agreement", "score": 21.0, "published": true}], "snippet": "17.7.1 The employer unconditionally guarantees payment of the deferred amount.\n17.7.2 The deferred amount shall be invested by the employer.\n17.7.3 The interest rate to be applied to the deferred amount is guaranteed to be the same rate as the employer receives on short-term investments.\n17.7.4 Payroll shall maintain an individual account for the deferred amount of each participant in the plan; however, the amount will not be held in a segregated fund.", "snippet_links": [{"key": "payment-of-the", "type": "clause", "offset": [47, 61]}, {"key": "deferred-amount", "type": "definition", "offset": [62, 77]}, {"key": "by-the-employer", "type": "clause", "offset": [124, 139]}, {"key": "the-interest-rate", "type": "clause", "offset": [148, 165]}, {"key": "account-for-the", "type": "clause", "offset": [333, 348]}, {"key": "each-participant", "type": "clause", "offset": [368, 384]}, {"key": "the-plan", "type": "clause", "offset": [388, 396]}, {"key": "segregated-fund", "type": "definition", "offset": [440, 455]}], "hash": "5b52452336a5139eda48ac4c7664752d", "id": 2}, {"size": 5, "samples": [{"hash": "9OpFXcqJKfm", "uri": "/contracts/9OpFXcqJKfm#deferred-amounts", "label": "Note Purchase Agreement (Wabash National Corp /De)", "score": 18.0, "published": true}], "snippet": "(a) In addition to the rate of interest otherwise payable with respect to the Notes and all other amounts payable hereunder or in connection herewith, the Company shall pay, by no later than January 15, 2004, additional interest to the Noteholders in accordance with their respective pro rata principal amount in an amount equal to the aggregate of (i) each Series A Deferred Principal Amount multiplied by a rate per annum equal to 2.00% per annum from the date such Series A Deferred Principal Amount is created and determined hereunder until the date such Series A Deferred Principal Amount has been paid in full plus (ii) each Series A Deferred Principal Amount multiplied by a rate per annum equal to 1.00% per annum from the date such Series A Deferred Principal Amount has been paid in full (through voluntary prepayments pursuant to Section 8.2 hereof) to (but not including) January 15, 2004 (the amounts referred to in clauses (i) and (ii) hereof are collectively referred to as \"Deferred Principal Amount Fees\"). Each such voluntary prepayment shall be applied to the earliest occurring Series A Deferred Principal Amount and, after the same has been paid in full, thereafter to each immediately succeeding Series A Deferred Principal Amount until all Series A Deferred Principal Amounts have been paid in full. On January 15, 2004, the Company shall pay all Series A Deferred Principal Amounts. As used in this Section 8.7(a), \"Deferred Principal Amount\" means, with respect to each monthly repayment of the Amortization Debt occurring on or after the Second Amendment Effective Date but prior to January 1, 2004, the excess, if any, of (x) $4,958,333 minus (y) the actual amount of such repayment; it being understood and agreed that each occurrence of such an excess will create a new and independent Deferred Principal Amount. As used in this Section 8.7(a), \"Series A Deferred Principal Amount\" means the Series A Note Principal Allocation times each Deferred Principal Amount. The Company agrees that in connection with any payment of fees payable to the Specified Holders similar to the Deferred Principal Amount Fees, the Company shall pay to the Noteholders a pro rata amount of such payment.", "snippet_links": [{"key": "rate-of-interest", "type": "clause", "offset": [23, 39]}, {"key": "with-respect-to", "type": "clause", "offset": [58, 73]}, {"key": "the-notes", "type": "clause", "offset": [74, 83]}, {"key": "other-amounts-payable", "type": "clause", "offset": [92, 113]}, {"key": "the-company-shall", "type": "clause", "offset": [151, 168]}, {"key": "additional-interest", "type": "definition", "offset": [209, 228]}, {"key": "the-noteholders", "type": "clause", "offset": [232, 247]}, {"key": "in-accordance-with", "type": "definition", "offset": [248, 266]}, {"key": "equal-to", "type": "definition", "offset": [323, 331]}, {"key": "deferred-principal-amount", "type": "definition", "offset": [367, 392]}, {"key": "per-annum", "type": "clause", "offset": [414, 423]}, {"key": "paid-in-full", "type": "clause", "offset": [603, 615]}, {"key": "section-82", "type": "clause", "offset": [841, 852]}, {"key": "in-clauses", "type": "clause", "offset": [926, 936]}, {"key": "principal-amounts", "type": "definition", "offset": [1281, 1298]}, {"key": "repayment-of", "type": "clause", "offset": [1503, 1515]}, {"key": "second-amendment-effective-date", "type": "definition", "offset": [1564, 1595]}, {"key": "prior-to", "type": "clause", "offset": [1600, 1608]}, {"key": "the-excess", "type": "clause", "offset": [1626, 1636]}, {"key": "actual-amount", "type": "clause", "offset": [1678, 1691]}, {"key": "understood-and-agreed-that", "type": "clause", "offset": [1720, 1746]}, {"key": "each-occurrence", "type": "definition", "offset": [1747, 1762]}, {"key": "principal-allocation", "type": "definition", "offset": [1935, 1955]}, {"key": "the-company-agrees", "type": "clause", "offset": [1994, 2012]}, {"key": "in-connection-with", "type": "clause", "offset": [2018, 2036]}, {"key": "payable-to", "type": "definition", "offset": [2057, 2067]}, {"key": "specified-holders", "type": "definition", "offset": [2072, 2089]}, {"key": "similar-to", "type": "definition", "offset": [2090, 2100]}, {"key": "pay-to", "type": "definition", "offset": [2155, 2161]}, {"key": "pro-rata-amount", "type": "definition", "offset": [2180, 2195]}], "hash": "d1a9b2ed3d74555abedb99a53ba968de", "id": 3}, {"size": 4, "samples": [{"hash": "6c7nVf3hof", "uri": "/contracts/6c7nVf3hof#deferred-amounts", "label": "Collective Agreement", "score": 33.5891113281, "published": true}, {"hash": "zX7zSJb6PA", "uri": "/contracts/zX7zSJb6PA#deferred-amounts", "label": "Collective Agreement", "score": 33.5368423462, "published": true}], "snippet": "18.9.7.1 The Institute unconditionally guarantees payment of the Deferred Amount.\n18.9.7.2 The Deferred Amount shall be invested by the Institute.\n18.9.7.3 Deferred amounts will be invested in a savings account or flexible GIC account. Investments will be monitored by the committee set up to supervise the Deferred Salary leave Plan\n18.9.7.4 Payroll shall maintain an individual account for the Deferred Amount and accrued interest of each employee in the Plan.", "snippet_links": [{"key": "the-institute", "type": "definition", "offset": [9, 22]}, {"key": "payment-of-the", "type": "clause", "offset": [50, 64]}, {"key": "savings-account", "type": "definition", "offset": [195, 210]}, {"key": "gic-account", "type": "definition", "offset": [223, 234]}, {"key": "the-committee", "type": "clause", "offset": [269, 282]}, {"key": "deferred-salary-leave-plan", "type": "clause", "offset": [307, 333]}, {"key": "account-for-the", "type": "clause", "offset": [380, 395]}, {"key": "accrued-interest", "type": "clause", "offset": [416, 432]}, {"key": "the-plan", "type": "clause", "offset": [453, 461]}], "hash": "c64c20b5536ad37c4e2f55a6c2587b7c", "id": 4}, {"size": 2, "samples": [{"hash": "hpHakhjxNbR", "uri": "/contracts/hpHakhjxNbR#deferred-amounts", "label": "Collective Agreement", "score": 29.3472499847, "published": true}, {"hash": "dDUkGrfNVBy", "uri": "/contracts/dDUkGrfNVBy#deferred-amounts", "label": "Collective Agreement", "score": 29.3472499847, "published": true}], "snippet": "18.8.7.1 The Institute unconditionally guarantees payment of the Deferred Amount.", "snippet_links": [{"key": "the-institute", "type": "definition", "offset": [9, 22]}, {"key": "payment-of-the", "type": "clause", "offset": [50, 64]}, {"key": "deferred-amount", "type": "definition", "offset": [65, 80]}], "hash": "99ac3a943c661a77591002694dd63b10", "id": 5}, {"size": 2, "samples": [{"hash": "craMj2Jc6Mc", "uri": "/contracts/craMj2Jc6Mc#deferred-amounts", "label": "Purchase and Sale Agreement (Innophos Investment Holdings, Inc.)", "score": 21.0, "published": true}, {"hash": "2d79GBqmCCz", "uri": "/contracts/2d79GBqmCCz#deferred-amounts", "label": "Purchase and Sale Agreement (Innophos, Inc.)", "score": 21.0, "published": true}], "snippet": "The Sellers covenant that, prior to the Closing Date, they shall pay to each Business Employee and shall otherwise be liable for (i) such employee\u2019s bonus under any bonus plan sponsored or maintained by the Sellers for employees of the Business and the Mexican Subsidiaries specifically relating to the last six months of the calendar year ending December 31, 2003 and the six-month period ended June 30, 2004, calculated in accordance with the policies and practices of the Sellers as of the date hereof and as set forth in Section 6.05(a) of the Disclosure Schedule and (ii) any amounts owed to any Business Employee under the Rhodia U.S. Deferred Compensation Plan and as set forth in Section 6.05(b) of the Disclosure Schedule.", "snippet_links": [{"key": "prior-to-the-closing-date", "type": "clause", "offset": [27, 52]}, {"key": "pay-to", "type": "definition", "offset": [65, 71]}, {"key": "business-employee", "type": "definition", "offset": [77, 94]}, {"key": "bonus-plan", "type": "clause", "offset": [165, 175]}, {"key": "by-the-sellers", "type": "clause", "offset": [200, 214]}, {"key": "employees-of-the-business", "type": "definition", "offset": [219, 244]}, {"key": "mexican-subsidiaries", "type": "clause", "offset": [253, 273]}, {"key": "relating-to", "type": "definition", "offset": [287, 298]}, {"key": "six-months", "type": "definition", "offset": [308, 318]}, {"key": "calendar-year", "type": "definition", "offset": [326, 339]}, {"key": "in-accordance-with", "type": "definition", "offset": [422, 440]}, {"key": "policies-and-practices", "type": "clause", "offset": [445, 467]}, {"key": "of-the-sellers", "type": "clause", "offset": [468, 482]}, {"key": "date-hereof", "type": "clause", "offset": [493, 504]}, {"key": "disclosure-schedule", "type": "definition", "offset": [548, 567]}, {"key": "amounts-owed", "type": "definition", "offset": [581, 593]}, {"key": "any-business", "type": "definition", "offset": [597, 609]}, {"key": "deferred-compensation-plan", "type": "definition", "offset": [641, 667]}], "hash": "46b795a6c1b1c48186ca0a56f1840cdc", "id": 6}, {"size": 2, "samples": [{"hash": "dxgdKk8lHna", "uri": "/contracts/dxgdKk8lHna#deferred-amounts", "label": "Cgi Advantage\u00ae Master Agreement", "score": 30.5325298309, "published": true}], "snippet": "The parties have mutually agreed to defer payment of certain Consulting Services Fees payable under this Agreement (\u201cDeferred Amounts\u201d). The amounts and schedule for repayment of such Deferred Amounts are set forth in the table below and the table in Section 5.3 that follows, respectively. If this Agreement is terminated for any reason prior to the final payment of Deferred Amounts under the Invoicing Schedule in Section 5.3 below, the parties acknowledge that CGI will not have been fully compensated for Consulting Services for implementation performed by CGI under the Agreement and therefore agree that the Deferred Amounts that remain unpaid as of the termination date (\u201cUnpaid Deferred Amounts\u201d) will become due in full and payable by the Client in accordance with the schedule in Section 5.4 below (the \u201cServices Repayment Schedule\u201d) which also includes Early Termination Fees. All amounts set forth in the Services Repayment Schedule will be paid by the Client within thirty (30) days of the effective date of termination. All parties recognize that the continuation of this Agreement after the close of any fiscal year of Client, which fiscal year ends on June 30 of each year, shall be subject to budget approval providing for or covering such contract items as an expenditure in said budget. Client does not represent that said budget item will be actually adopted, said determination being the determination of the City Council at the time of the adoption of the budget herein. No penalty shall accrue to Client in the event this provision shall be exercised. Should termination be accomplished in accordance with this Section, a settlement shall be negotiated by the parties based on items delivered, Services provided, monies paid and monies due. The Client will provide immediate notice to CGI upon learning that funding necessary to meet the Client\u2019s payment obligations under the Invoicing Schedule becomes or is likely to become unavailable. Upon such notice, CGI may, in its sole discretion, either 1) cease performance of all or part of those Services for which funding will not be available, in which case the reduction of Services will be codified in a Change Order, or, 2) upon fifteen (15) days\u2019 advance written notice to the Client, terminate this Agreement, in whole or in part. In the event of a partial termination by CGI, Client will be obligated to pay CGI for all Services performed through the termination date and to pay all Unpaid Deferred Amounts. If CGI does not terminate the Agreement, the Client may elect to terminate the Services to the extent that it is unable to meet its payment obligations under the Agreement due to non- appropriation by the legislature. In no event, however may the Client terminate the Agreement in whole or in part due to any other unavailability of funds (such as reallocation of funds) or for its convenience. The Client will use best efforts to obtain appropriation for all amounts due hereunder. The Client\u2019s obligation to pay all Deferred Amounts under this Section 5.2 and other amounts due under the Agreement survives termination or expiration of this Agreement by either party. Notwithstanding anything to the contrary in this Agreement, the Client is not excused from its payment obligations, including those in this section, due a Force Majeure event. For clarity, as it relates to Consulting Services specifically, Client\u2019s payment obligations for any Consulting Services Fees will be tied to Consulting Services actually provided during a Force Majeure event. The table below specifies the Deferred Amounts for Implementation Consulting Services and Fees for Fixed Capacity Consulting Services. Fiscal Year Period Deferred Amounts for Implementation Services Fixed Capacity Consulting Services Fee Total Consulting Services Fee FY21 6/1/2021 - 6/30/2021 FY22 7/1/2021 - 6/30/2022 $1,367,675 $1,367,675 FY23 7/1/2022 - 6/30/2023 $613,640 $613,640 FY24 7/1/2023 - 6/30/2024 $613,640 $190,000 $803,640 FY25 7/1/2024 - 6/30/2025 $613,640 $190,000 $803,640 FY26 7/1/2025 - 6/30/2026 $190,000 $190,000 FY27 7/1/2026 - 6/30/2027 $190,000 $190,000 FY28 7/1/2027 - 6/30/2028 $190,000 $190,000 FY29 7/1/2028 - 6/30/2029 $190,000 $190,000 FY30 7/1/2029 - 6/30/2030 $190,000 $190,000 FY31 7/1/2030 - 6/30/2031 $190,000 $190,000", "snippet_links": [{"key": "to-defer", "type": "definition", "offset": [33, 41]}, {"key": "fees-payable", "type": "clause", "offset": [81, 93]}, {"key": "repayment-of", "type": "clause", "offset": [166, 178]}, {"key": "section-53", "type": "clause", "offset": [251, 262]}, {"key": "for-any-reason", "type": "clause", "offset": [323, 337]}, {"key": "payment-of-deferred-amounts", "type": "clause", "offset": [357, 384]}, {"key": "invoicing-schedule", "type": "clause", "offset": [395, 413]}, {"key": "the-parties-acknowledge", "type": "clause", "offset": [436, 459]}, {"key": "services-for", "type": "clause", "offset": [521, 533]}, {"key": "performed-by", "type": "clause", "offset": [549, 561]}, {"key": "termination-date", "type": "definition", "offset": [661, 677]}, {"key": "by-the-client", "type": "clause", "offset": [742, 755]}, {"key": "in-accordance-with", "type": "definition", "offset": [756, 774]}, {"key": "the-schedule", "type": "clause", "offset": [775, 787]}, {"key": "section-54", "type": "clause", "offset": [791, 802]}, {"key": "repayment-schedule", "type": "definition", "offset": [824, 842]}, {"key": "early-termination-fees", "type": "definition", "offset": [865, 887]}, {"key": "the-services", "type": "definition", "offset": [914, 926]}, {"key": "within-thirty", "type": "clause", "offset": [973, 986]}, {"key": "effective-date-of-termination", "type": "clause", "offset": [1004, 1033]}, {"key": "all-parties", "type": "clause", "offset": [1035, 1046]}, {"key": "continuation-of-this-agreement", "type": "clause", "offset": [1066, 1096]}, {"key": "fiscal-year", "type": "definition", "offset": [1120, 1131]}, {"key": "of-client", "type": "clause", "offset": [1132, 1141]}, {"key": "each-year", "type": "definition", "offset": [1180, 1189]}, {"key": "subject-to", "type": "definition", "offset": [1200, 1210]}, {"key": "budget-approval", "type": "clause", "offset": [1211, 1226]}, {"key": "contract-items", "type": "clause", "offset": [1258, 1272]}, {"key": "budget-item", "type": "definition", "offset": [1343, 1354]}, {"key": "city-council", "type": "clause", "offset": [1431, 1443]}, {"key": "time-of-the", "type": "clause", "offset": [1451, 1462]}, {"key": "the-budget", "type": "definition", "offset": [1475, 1485]}, {"key": "no-penalty", "type": "clause", "offset": [1494, 1504]}, {"key": "to-client", "type": "clause", "offset": [1518, 1527]}, {"key": "a-settlement", "type": "clause", "offset": [1644, 1656]}, {"key": "by-the-parties", "type": "clause", "offset": [1677, 1691]}, {"key": "based-on", "type": "definition", "offset": [1692, 1700]}, {"key": "items-delivered", "type": "clause", "offset": [1701, 1716]}, {"key": "services-provided", "type": "clause", "offset": [1718, 1735]}, {"key": "monies-due", "type": "clause", "offset": [1753, 1763]}, {"key": "will-provide", "type": "clause", "offset": [1776, 1788]}, {"key": "immediate-notice", "type": "definition", "offset": [1789, 1805]}, {"key": "upon-learning", "type": "definition", "offset": [1813, 1826]}, {"key": "payment-obligations", "type": "clause", "offset": [1871, 1890]}, {"key": "is-likely", "type": "definition", "offset": [1931, 1940]}, {"key": "sole-discretion", "type": "clause", "offset": [1998, 2013]}, {"key": "reduction-of-services", "type": "definition", "offset": [2135, 2156]}, {"key": "a-change-order", "type": "clause", "offset": [2177, 2191]}, {"key": "notice-to-the-client", "type": "clause", "offset": [2240, 2260]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [2262, 2286]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [2309, 2326]}, {"key": "termination-by", "type": "definition", "offset": [2335, 2349]}, {"key": "services-performed", "type": "clause", "offset": [2399, 2417]}, {"key": "terminate-the-agreement", "type": "clause", "offset": [2503, 2526]}, {"key": "to-the-extent", "type": "clause", "offset": [2575, 2588]}, {"key": "obligations-under-the-agreement", "type": "clause", "offset": [2627, 2658]}, {"key": "the-legislature", "type": "clause", "offset": [2688, 2703]}, {"key": "in-no-event", "type": "clause", "offset": [2705, 2716]}, {"key": "unavailability-of-funds", "type": "definition", "offset": [2802, 2825]}, {"key": "reallocation-of-funds", "type": "clause", "offset": [2835, 2856]}, {"key": "efforts-to-obtain", "type": "clause", "offset": [2907, 2924]}, {"key": "amounts-due-hereunder", "type": "clause", "offset": [2947, 2968]}, {"key": "obligation-to-pay", "type": "clause", "offset": [2983, 3000]}, {"key": "section-52", "type": "clause", "offset": [3033, 3044]}, {"key": "other-amounts-due", "type": "clause", "offset": [3049, 3066]}, {"key": "termination-or-expiration-of-this-agreement", "type": "clause", "offset": [3096, 3139]}, {"key": "by-either-party", "type": "clause", "offset": [3140, 3155]}, {"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [3157, 3197]}, {"key": "in-this-agreement", "type": "definition", "offset": [3198, 3215]}, {"key": "a-force-majeure-event", "type": "clause", "offset": [3310, 3331]}, {"key": "for-clarity", "type": "clause", "offset": [3333, 3344]}, {"key": "relates-to", "type": "definition", "offset": [3352, 3362]}, {"key": "consulting-services-and-fees", "type": "clause", "offset": [3609, 3637]}, {"key": "year-period", "type": "definition", "offset": [3685, 3696]}, {"key": "implementation-services", "type": "definition", "offset": [3718, 3741]}], "hash": "cfdb8ba3087da8749ce6b2993f1090fd", "id": 7}, {"size": 2, "samples": [{"hash": "g4ca93vgP3a", "uri": "/contracts/g4ca93vgP3a#deferred-amounts", "label": "Collective Bargaining Agreement", "score": 33.3810081482, "published": true}], "snippet": "17.3.8.1 The College unconditionally guarantees payment of the Deferred Amount.\n17.3.8.2 The Deferred Amount shall be invested by the College.\n17.3.8.3 The interest rate to be applied to the Deferred Amount is guaranteed to be the same rate as the College receives on short-term investments.\n17.3.8.4 Payroll shall maintain an individual account for the Deferred Amount and accrued interest of each employee in the Plan.", "snippet_links": [{"key": "the-college", "type": "clause", "offset": [9, 20]}, {"key": "payment-of-the", "type": "clause", "offset": [48, 62]}, {"key": "deferred-amount", "type": "definition", "offset": [63, 78]}, {"key": "the-interest-rate", "type": "clause", "offset": [152, 169]}, {"key": "account-for-the", "type": "clause", "offset": [338, 353]}, {"key": "accrued-interest", "type": "clause", "offset": [374, 390]}, {"key": "the-plan", "type": "clause", "offset": [411, 419]}], "hash": "1cde77098e0596dce4bdca18b879380d", "id": 8}, {"size": 2, "samples": [{"hash": "2eggCcO1iRE", "uri": "/contracts/2eggCcO1iRE#deferred-amounts", "label": "Deferred Compensation and Retirement Benefit Restoration Plan (Becton Dickinson & Co)", "score": 21.0, "published": true}], "snippet": "At all times a Participant shall be fully vested in his Deferred Salary, Deferred Bonus, Deferred Equity-Based Compensation, and Deferred Restoration Distribution Accounts hereunder (including any earnings or losses and Dividend Reinvestment Return thereon). A Participant shall become vested in any Company Matching Credits in the same manner and to the same extent as the Participant is vested in matching contributions otherwise credited to the Participant under the SIP. A Participant shall become vested in any Company Discretionary Credits pursuant to the vesting schedule established by the Company at the time such Credits, if any, are made. Except as otherwise provided in Section 6.1(b) (death) or Section 6.1(c) (disability), if a Participant incurs a Separation from Service at any time prior to becoming fully vested in amounts credited to the Participant\u2019s Accounts hereunder, the nonvested amounts credited to the Participant\u2019s Accounts shall be immediately forfeited and the Participant shall have no right or interest in such nonvested deferred amounts.", "snippet_links": [{"key": "at-all-times", "type": "clause", "offset": [0, 12]}, {"key": "a-participant", "type": "definition", "offset": [13, 26]}, {"key": "fully-vested", "type": "definition", "offset": [36, 48]}, {"key": "deferred-salary", "type": "definition", "offset": [56, 71]}, {"key": "deferred-bonus", "type": "definition", "offset": [73, 87]}, {"key": "deferred-equity", "type": "clause", "offset": [89, 104]}, {"key": "based-compensation", "type": "clause", "offset": [105, 123]}, {"key": "distribution-accounts", "type": "clause", "offset": [150, 171]}, {"key": "dividend-reinvestment-return", "type": "definition", "offset": [220, 248]}, {"key": "company-matching-credits", "type": "definition", "offset": [300, 324]}, {"key": "in-the-same-manner", "type": "definition", "offset": [325, 343]}, {"key": "to-the-same-extent", "type": "definition", "offset": [348, 366]}, {"key": "matching-contributions", "type": "definition", "offset": [399, 421]}, {"key": "the-sip", "type": "clause", "offset": [466, 473]}, {"key": "company-discretionary-credits", "type": "definition", "offset": [516, 545]}, {"key": "pursuant-to-the", "type": "clause", "offset": [546, 561]}, {"key": "vesting-schedule", "type": "definition", "offset": [562, 578]}, {"key": "by-the-company", "type": "clause", "offset": [591, 605]}, {"key": "at-the-time", "type": "definition", "offset": [606, 617]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [650, 678]}, {"key": "separation-from-service", "type": "clause", "offset": [763, 786]}, {"key": "at-any-time", "type": "clause", "offset": [787, 798]}, {"key": "prior-to", "type": "clause", "offset": [799, 807]}, {"key": "amounts-credited", "type": "definition", "offset": [833, 849]}, {"key": "the-participant-shall", "type": "clause", "offset": [987, 1008]}, {"key": "no-right-or-interest", "type": "clause", "offset": [1014, 1034]}], "hash": "e229cf82b6aa8fdd7ddd1726cc2dfd6f", "id": 9}, {"size": 2, "samples": [{"hash": "jk1gFtHyTD1", "uri": "/contracts/jk1gFtHyTD1#deferred-amounts", "label": "Inventory Intermediation Agreement (Delek US Holdings, Inc.)", "score": 35.1574249268, "published": true}], "snippet": "(a) On the Commencement Date, and in connection with the transactions contemplated by this Agreement, DKTS shall cause to be issued to Citi a Letter of Credit in an initial face amount of USD 70,000,000 (such Letter of Credit, the \u201cInitial Deferral LC\u201d and such amount, the \u201cInitial Deferred Amount\u201d), and Citi shall advance to DKTS the Initial Deferred Amount for the purpose of facilitating the payment by DKTS of amounts owing or that may become owing, or which are or may be required to be posted as Posted Collateral, under Articles 8, 9, 11, and 12.\n(b) On the Amendment Effective Date, the aggregate Deferred Amount available under this Agreement will be increased by USD 180,000,000 (the \u201cAdditional Deferred Amount\u201d). Any Deferred Amounts in excess of USD 120,000,000 shall remain unpaid for at least 30 consecutive calendar days.\n(c) On the Amendment Effective Date, and in connection with the transactions contemplated by this Agreement, DKTS shall cause to be issued to Citi an additional Letter of Credit in an initial face amount equivalent to the aggregate Subsequent Deferred Amount as of the Amendment Effective Date (such Letter of Credit, the \u201cAmendment Deferral LC\u201d and such amount, the \u201cAmendment Deferred Amount\u201d), and Citi shall advance to DKTS the Amendment Deferred Amount for the purpose of facilitating the payment by DKTS of amounts owing or that may become owing, or which are or may be required to be posted as Posted Collateral, under Articles 8, 9, 11, and 12.", "snippet_links": [{"key": "the-commencement-date", "type": "clause", "offset": [7, 28]}, {"key": "in-connection-with", "type": "clause", "offset": [34, 52]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [53, 100]}, {"key": "issued-to", "type": "definition", "offset": [125, 134]}, {"key": "a-letter-of-credit", "type": "definition", "offset": [140, 158]}, {"key": "initial-face-amount", "type": "definition", "offset": [165, 184]}, {"key": "initial-deferred-amount", "type": "definition", "offset": [275, 298]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [361, 379]}, {"key": "payment-by", "type": "clause", "offset": [397, 407]}, {"key": "amounts-owing", "type": "clause", "offset": [416, 429]}, {"key": "posted-collateral", "type": "clause", "offset": [504, 521]}, {"key": "amendment-effective-date", "type": "clause", "offset": [567, 591]}, {"key": "available-under", "type": "clause", "offset": [623, 638]}, {"key": "increased-by", "type": "clause", "offset": [662, 674]}, {"key": "additional-deferred-amount", "type": "definition", "offset": [697, 723]}, {"key": "calendar-days", "type": "definition", "offset": [825, 838]}, {"key": "additional-letter-of-credit", "type": "definition", "offset": [990, 1017]}], "hash": "70d5ade3b5c5bac19b927fb1ab079acc", "id": 10}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhlkZWZlcnJlZC1hbW91bnRzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 67, "children": [["", ""], ["contests", "Contests"], ["cooperation-and-exchange-of-information", "Cooperation and Exchange of Information"], ["tax-returns", "Tax Returns"], ["refunds-and-benefits", "Refunds and Benefits"]], "title": "Deferred Amounts", "parents": [["match-requirements", "Match Requirements"], ["before-tax-benefits", "Before Tax Benefits"], ["tax-deferred-savings-plans-deferred-compensation", "Tax Deferred Savings Plans Deferred Compensation"], ["insurance-benefits", "Insurance Benefits"], ["group-insurance-benefits", "Group Insurance Benefits"]], "id": "deferred-amounts", "related": [["deferred-compensation-account", "Deferred Compensation Account", "Deferred Compensation Account"], ["deferral-account", "Deferral Account", "Deferral Account"], ["tax-deferred-earnings", "Tax-Deferred Earnings", "Tax-Deferred Earnings"], ["contribution-amounts", "Contribution Amounts", "Contribution Amounts"], ["cash-account", "Cash Account", "Cash Account"]], "related_snippets": [], "updated": "2026-03-01T04:26:13+00:00", "also_ask": ["What mechanisms ensure enforceability of deferred payment obligations in court?", "Which events should trigger acceleration or forfeiture of deferred amounts?", "How can parties mitigate credit and insolvency risks related to deferred amounts?", "What are the key differences in treatment of deferred amounts across relevant jurisdictions?", "What essential representations, covenants, or security should be included to protect deferred amounts?"], "drafting_tip": "Specify the calculation method and payment schedule for deferred amounts to prevent disputes; define triggering events for payment to ensure clarity; state interest terms to incentivize timely payment.", "explanation": "The 'Deferred Amounts' clause defines how certain payments or obligations are postponed to a later date rather than being settled immediately. In practice, this clause specifies which amounts are subject to deferral, the conditions under which deferral occurs, and the timeline or triggers for eventual payment. For example, it may apply to interest, fees, or principal payments that are delayed due to specific events or financial covenants. The core function of this clause is to provide flexibility in payment schedules, helping parties manage cash flow and financial obligations during periods of uncertainty or hardship."}, "json": true, "cursor": ""}}