Deferral Accounts definition

Deferral Accounts means the accounts maintained to reflect the Director's Compensation Deferrals made pursuant to Section 3 hereof (or pursuant to any prior agreement) and any other credits or debits thereto.
Deferral Accounts means the bookkeeping accounts maintained to reflect the Trustee’s Compensation Deferrals made pursuant to Section 2 hereof (or pursuant to any prior agreement) and any other credits or debits thereto.
Deferral Accounts means the accounts established for a Participant pursuant to Article 3, consisting of a Diversified Account and/or a Stock Account for Eligible Employees and for Directors. Deferral Accounts shall be maintained solely as bookkeeping entries by the Company to evidence unfunded obligations of the Company.

Examples of Deferral Accounts in a sentence

  • Whenever dividends are paid or distributions made with respect to Shares, Dividend Equivalents shall be credited to Deferral Accounts on all Deferred Stock credited thereto as of the record date for such dividend or distribution.

  • Depreciation of ₹83,550.16 lakhs, Finance cost of ₹52,909.91 lakhs, Movement in Regulatory Deferral Accounts Balances of ₹6950.66 lakhs, Foreign exchange gain of ₹757.22 lakhs, Loss on de-recognition of assets (net) of ₹13.73 lakhs, Provision/write off amounting to ₹4852.11 lakhs, Deferred revenue of ₹1666.58 lakhs, Provision written back of₹7.77 lakhs, Interest /Investment income of ₹526.77 lakhs and Delay payment surcharge amounting to ₹545.68 lakhs.

  • Deferral Accounts shall be maintained for recordkeeping purposes only and the Company shall not be obligated to segregate or set aside assets representing securities or other amounts credited to Deferral Accounts.

  • The above analysis is excluding Movement in Regulatory Deferral Accounts balance & Tax thereon TOTAL INCOME AND PROFIT AFTER TAXThe Corporation earned a profit before tax (including movement in R.D.A. Balances) amounting to ₹74801.26 lakh as against of ₹43345.29 lakh during the previous financial year.

  • The obligation to make distributions of securities or other amounts credited to Deferral Accounts shall be an unfunded unsecured obligation of the Company.


More Definitions of Deferral Accounts

Deferral Accounts means the Accounts maintained for each Participant which are credited with Participant deferrals pursuant to Section 4.1.
Deferral Accounts means the Accounts maintained for a Participant pursuant to Section 4.1, which, as elected by the Participant pursuant to Section 3.1, are credited with the Participant’s deferrals pursuant to Section 4.1(a) and adjusted for earnings and losses and distributions pursuant to Section 4.1(b).
Deferral Accounts means and refers to a Participant's Compensation Deferral and Supplemental Deferral Accounts.
Deferral Accounts means the deferral accounts referred to in Section 18.2(i) of the Cooper Industries plc Amended and Restated Stock Incentive Plan;
Deferral Accounts means Non-Stock-Denominated Deferral Accounts and Stock-Denominated Deferral Accounts, singularly or collectively, as appropriate. Deferral Accounts will be maintained solely as bookkeeping entries by the Company to evidence the unfunded obligations of the Company hereunder.
Deferral Accounts means the Fee Deferral Account, the RSU Deferral Account and the RSU Dividend Deferral Account.
Deferral Accounts means the deferral accounts referred to in Section 18.2(i) of the Xxxxxx Industries plc Amended and Restated Stock Incentive Plan;