Deferral Notice definition

Deferral Notice has the meaning set forth in Section 3(h) hereof.
Deferral Notice has the meaning set forth in Section 3(i) hereof.
Deferral Notice has the meaning assigned thereto in Section 3(b).

Examples of Deferral Notice in a sentence

  • A Deferral Notice is subject to the requirements regarding notices set forth in Section 1.10.

  • The Company shall give the Holder of the Security and the Trustee written notice (a "Deferral Notice") of its selection of a Deferral Period at least ten days prior to the record date for any distributions that would have been payable on the Trust Securities except for the decision to begin or extend such Deferral Period.

  • The Deferral Notice shall specify the date on which the Executive wishes to begin receiving his retirement benefit hereunder, and such deferred payment date must be at least five (5) years later than the date the payment otherwise would have been made, or such other period as may then be required under the Subsequent Deferral Rules.

  • Partial deferrals will not be permitted and the Company may refuse to honor the Deferral Notice if, in the reasonable opinion of the Company’s external legal counsel, the Deferral Notice does not comply with the Subsequent Deferral Rules, or is otherwise reasonably likely to adversely affect the Company under the Subsequent Deferral Rules.

  • The quarter in which any Deferral Notice is given pursuant to the second paragraph of this Section 3 shall be counted as one of the 20 quarters permitted in the maximum Deferral Period permitted under the first paragraph of this Section 3.


More Definitions of Deferral Notice

Deferral Notice means, with respect to a Reference Entity and any Specified Payment Date, an irrevocable notice from the Calculation Agent to the Issuer which may only be delivered after the Cut-off Date relating to such Specified Payment Date and on or prior to such Specified Payment Date and which states that in the opinion of the Calculation Agent, acting in good faith:
Deferral Notice. See Section 3(i) hereof.
Deferral Notice has the meaning specified in Section 3(i) hereof.
Deferral Notice has the meaning specified in Section 3(d) hereof.
Deferral Notice shall have the meaning set forth in Section 4.2.
Deferral Notice has the meaning specified in Section 3.13.
Deferral Notice. See Section 3(h) hereof.