Deferral Period definition

Deferral Period has the meaning set forth in Section 3(i) hereof.

Deferral Period means the period of time during which Deferred Shares are subject to deferral limitations under Section 7 of this Plan.

Deferral Period shall have the meaning indicated in Section 4(k)(ii) hereof.

Examples of Deferral Period in a sentence

• On December 31 of each Taxation Year during the Deferral Period, the School Division shall pay to the Participant the Accrued Interest in respect of that Taxation Year as specified in clause 6 of the Memorandum of Agreement.

• For the avoidance of doubt, the Interest Payment Date falling immediately after the last day of an Optional Deferral Period will not be deemed to fall on a day during such Optional Deferral Period.

• The year's Leave of Absence shall immediately follow the Deferral Period.

• In any event, the School Division shall pay to the Participant the Deferred Compensation Amount or any remaining balance thereof on or before December 31 of the first Taxation Year commencing after the end of the Deferral Period.

• The Issuers’ failure to pay interest on any Interest Payment Date will itself constitute the commencement of an Optional Deferral Period unless the Issuers pay such interest within five Business Days after the Interest Payment Date, whether or not the Issuers provide a notice of deferral.

More Definitions of Deferral Period

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

Deferral Period means the period during which the receipt of a Deferred Stock Award under Section 6 of the Plan will be deferred.

Deferral Period. See Section 3(i) hereof.

Deferral Period has the meaning specified in Section 5.3

Deferral Period has the meaning set forth in Section 2.12(a).

Deferral Period means the period commencing on an Interest Payment Date with respect to which the Company elects or is deemed to elect to defer interest pursuant to Section 2.05 and ending on the earlier of (i) the fifth anniversary of that Interest Payment Date and (ii) the next Interest Payment Date on which the Company has paid all deferred and unpaid amounts (including Compounded Interest) and all other accrued interest on the Debentures.

Deferral Period with respect to any series of Securities, means any period during which the Company elects to extend the interest payment period on such series of Securities pursuant to Section 4.01(b); provided that a Deferral Period (or any extension thereof) may not extend beyond the Stated Maturity or the Redemption Date of any Security of such series and must end on an Interest Payment Date or, if the Securities are redeemed, on an Interest Payment Date or the Redemption Date for such Securities.