Deferred Portion definition

Deferred Portion means, in relation to a Loan, an amount equal to the principal amount of the repayment instalment in respect of such Loan that is at the relevant time required to have been repaid on the Repayment Dates falling during the relevant Deferral Period and the repayment in respect of which shall be deferred in accordance with the provisions of this Agreement.
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Deferred Portion has the meaning specified in the Inventory Sales Agreement.
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Deferred Portion has the meaning specified in Section 4.3.
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Examples of Deferred Portion in a sentence

  • In the event that the Board and Executive are unable to come to agreement on any matters set forth in this Section 2(a)(ii)(3) within 10 business days of the commencement of such discussions, then the Deferred Portion shall be satisfied via the issuance to Executive of Payment Shares on the first business day following the end of such 10 business-day period.

  • The Deferred Portion shall be due and payable from ▇▇▇▇ to the Company on the Termination Date, in accordance with this Agreement.

  • During the term of this Agreement, the Deferred Portion shall constitute an account receivable owing from ▇▇▇▇ to the Company, in accordance with this Agreement.

  • The Deferred Portion shall accrue and accumulate at an annual interest rate equal to the JPMorgan Chase Prime rate (or that of another nationally recognized financial institution if the JPMorgan Chase Prime rate is not available) (unless another rate and method of calculation is provided for herein) until paid and shall become immediately due and payable at the earliest to occur of (a) when permitted by the Senior Credit Agreement and (b) when all loans under the Senior Credit Agreement have been paid off.

  • If this Agreement is terminated by Executive pursuant to Paragraph F.2.(b) or by the Bank for cause (other than due to Executive's death or disability) pursuant to Paragraph F.1, Executive shall be entitled only to that part of the Deferred Portion that has been vested prior to the Date of Termination.


More Definitions of Deferred Portion

Deferred Portion has the meaning specified in the Lion Oil Inventory Sales Agreement.
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Deferred Portion means that portion of the Early Purchase Price, the payment of which may be deferred by the Lessee, as set forth in Schedule 7 to the Participation Agreement.
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Deferred Portion means the portion, if any, of an Award that is deferred pursuant to Section 10.
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Deferred Portion means any portion of the outstanding principal amount of Advances, the payment of which has been deferred pursuant to Section 2.9(b) hereof.
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Deferred Portion means 50% of the amount of a Participant's Bonus that exceeded $5,000.
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Deferred Portion of the Purchase Price shall have the meaning set forth in Section 2.04(b) hereof.
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Deferred Portion means, on any day the portion of the Acquisition Amount as to which payment is deferred, which portion shall equal the sum of (A) (x) the Series Collection Allocation Percentage times (y) the sum of the following amounts (as shown in the Daily Report for such day): (i) the sum of the Class C Excess Concentration Balances with respect to all Obligors, plus (ii) the Excess New Seller Reserve, plus (iii) the aggregate Unpaid Balance of Receivables that are not Eligible Receivables (including any such Receivables that are ineligible due to the attachment of Adverse Claims), plus (iv) the Class C Reserve Ratio times the Net Eligible Receivables, plus (v) the Subordinate Class Special Reserves, plus (vi) the Identified Tax Reserve, plus (vii) the State Income Tax Reserve; plus (B) the Class A Subordination Deficit; plus (C) the Class B Subordination Deficit; plus (D) the Carrying Cost Receivables Reserve (it being understood that the Deferred Portion may vary from day to day); provided that the Deferred Portion shall be fixed as of the Group Amortization Calculation Date.
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