Deferral Letters definition

Deferral Letters means, together, the letter dated 2 February 2012, the letter dated 25 April 2012 and any other letters addressed by the Bank to the Borrower dated prior to the date of the Sixth Supplemental Agreement, referring to the deferral of certain overdue amounts payable to the Bank;
Deferral Letters means: (i) the side letter dated 15 April 2020, between the Borrower, the Rig Owners, HoldCo, the Ultimate Parent and the Agent; (ii) the deferral letter dated 5 May 2020, between the Borrower, the Rig Owners, HoldCo, the Ultimate Parent and the Agent; (iii) the deferral extension letter dated 21 May 2020; and (iv) the deferral extension letter dated 25 May 2020 as extended on 26 May 2020; (ii) “Deferral Period” has the meaning given to such term in the Deferral Letters; and (iii) “Deferred Amount” has the meaning given to such term in the Deferral Letters;” (b) Clause 24.4(b) (Earnings and Requisition Compensation) of the Facility Agreement shall be deleted and replaced with the following: “Provided that there is no continuing Event of Default, the Account Holders may withdraw from the Operating Accounts at any time the following payments:

Examples of Deferral Letters in a sentence

  • Notifications are provided for the following and are broken down into two levels: • Firm Levelo Payments• Attorney Levelo Offerso Release Deficiencieso Intake/Review Deficiencieso Activities▪ Prepetition Letters - (PREPETITN, PREPETITN2, etc.)▪ Duplicate Claim Letters - (Different Attorney, Same Attorney)▪ Reciprocal Letters - (RCPEXIST, RCPPAIDAF, etc.)▪ Deferral Letters – (60 days out) Firm Level NotificationsFirm Level notifications refer only to the Payment Notifications.

  • Except as expressly modified and extended hereby, the 2007 Deferral Letters shall remain in full force and effect and shall not be modified or novated hereby.

  • Institutions that did not provide sufficient information to determine compliance were deferred (Section 2-3-210) and additional information requested (Exhibit J, Sample Deferral Letters).

  • Review Change Deferral Letters and Cancellation Deferral Notification System (CDNS) requests for sufficient supporting documentation, mitigating actions and to determine the impact of reprogramming work or reducing scope in accordance with the change deferral process located in Appendix AK of this chapter.

  • Similar restrictions may be included in Deferral Letters as determined on a case-by-case basis.

  • Provide approval or disapproval recommendations to NAVSEA 05D in support of Deferral Letters and CDNS Deferral Requests.

  • When the IRB granted its approval, the researcher began randomly selecting teacher participants to be in the study.

  • The Company shall have delivered to the Purchaser evidence that the Salary Deferral Letters listed in Section 2.9(g) of the Disclosure Schedule, Items 58-61, shall have been terminated and are of no further force or effect.

  • To make and contract for plans, surveys, studies, and investigations.

  • Evaluate Deferral Letters requested by NAVSEA 05D (Ship Design Manager).

Related to Deferral Letters

  • Deferral Agreement means an irrevocable agreement entered into between a Nonemployee Director and the Company to authorize the Company to reduce the amount of the Nonemployee Director’s Annual Retainer and credit the amount of such reduction to the Plan consistent with the requirements of Section 409A of the Code. A Deferral Agreement shall contain such provisions, consistent with the provisions of the Plan, as may be established from time to time by the Company or the Board, including without limitation:

  • Deferral Election Form means each form established from time to time by the Administrator that the Executive completes, signs and returns to the Administrator to designate the amount of Deferrals.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Deferral means the amount or amounts of a Participant’s Compensation deferred under the provisions of Section 3.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Enrollment Agreement means an agreement between the Company and an employee, in such form as may be established by the Company from time to time, pursuant to which the employee elects to participate in this Plan, or elects changes with respect to such participation as permitted under the Plan.

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • Deferrals means the amount of the Director’s Compensation that the Director elects to defer according to this Agreement.

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Deferral Year means each calendar year during which the Trustee makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Salary Reduction Agreement means an agreement between a dis- trict and an employee to reduce the employee’s salary for the pur- pose of making direct contributions to or purchases of a qualified investment product. Art. 6228a-5, Sec. 4(5), Tex. Rev. Civ. Stat.

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 12 of the Plan.

  • Deferral Notice has the meaning set forth in Section 3(h) hereof.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Salary reduction plan means a benefit plan whereby state and

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Safe Harbor has the meaning set forth in Section 10.2(d).

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.