Deferment Agreement definition

Deferment Agreement has the meaning set out in Section 8.13.
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Examples of Deferment Agreement in a sentence

  • Your signature indicates that you have read, understood and agree to comply with the above Deferment Agreement.

  • Subject to the terms and conditions of this Plan and the Deferment Agreement, a Non- Employee Director may elect to defer all or a portion of the Director Fees to be payable, in accordance with such election, in the form of shares of Common Stock.

  • The Final Plat of Subdivision will reflect the Deferment Agreement, which obviates the need for the City Engineer to certify that the public improvements will be completed upon subdivision.

  • The deferral of shares into a Deferred Shares Account shall confer no rights upon the Non-Employee Director in whose name such account exists, as a shareholder of the Company or otherwise, with respect to the shares held in such Deferred Shares Account, but shall confer only the right to receive such shares credited as and when provided under the terms of the Deferment Agreement.

  • Certificates representing shares credited to a Deferred Shares Account shall be delivered to the Non- Employee Director as soon as practicable following the termination of the deferral in accordance with the terms of the Deferment Agreement.

  • The Deferment Agreement shall further provide that in any proceeding, such Affiliate shall exercise all voting or other analogous governance rights as directed by the Purchaser with the intention that this Agreement survive such proceeding and continue to be performed by the Person who owns the Project or failing which, the Purchaser receives the full amount of its claim under Section 11.2 in priority to any claims of such Affiliate.

  • Such elections shall be made prior to January 1 of the year in which the Director ▇▇▇▇ would be payable absent the election to defer in accordance with the terms of the Deferment Agreement.

  • Period building the tenant fails to disaster a portion of the bench that truck not been deferred, the tenant or otherwise in default under its lease, has the tenant discloses to conform third claim the existence of old Rent Deferment Agreement.