Producer Deferral definition

Producer Deferral means all or any portion of the fees due to Producer included in the Budget that Producer agrees to defer and pledge as supplemental contingency (i.e., available at the discretion of Completion Guarantor for use in connection with Production and Delivery following full expenditure of the Contingency and before Completion Guarantor needs to advance Completion Sums).
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Examples of Producer Deferral in a sentence

  • Lessor Participation Form Document ID PROCOT COOPERATIVE Producer Deferral Form for Crop Year - The undersigned Producer authorizes deferral of the following farms in ProCot Cooperative for the above crop year and agrees to the terms of the ProCot Cooperative Enrollment and Membership Agreement for said crop year in the form executed by the producer, and agrees to the ProCot Membership and Marketing Agreement for said crop year.

  • The “Strike Price” is $10,386,079, which includes (a) direct costs of $9,273,285, (b) contingency (regardless of the amount, if any, which is included in the Budget) of $902,328 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless of the amount, if any, which is included in the Budget) of $185,466 (the “Guaranty Fee”).

  • The “Strike Price” is $11,326,297, which includes (a) direct costs of $10,273,285, (b) a contingency allowance (regardless if there is another or no amount for a contingency allowance included in the Budget) of $821,863 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless if there is another or no amount for a guaranty fee included in the Budget) of $231,149 (the “Guaranty Fee”).

  • The “Strike Price” is $10,386,079, which includes (a) direct costs of $9,273,285, (b) a contingency allowance (regardless if there is a different or no amount therefor included in the Budget) of $902,328 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless if there is a different or no amount therefor included in the Budget) of $185,466 (the “Guaranty Fee”).

  • The “Strike Price” is $11,326,297, which includes (a) direct costs of $10,273,285, (b) a contingency allowance (regardless if there is another or no amount therefor included in the Budget) of $821,863 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless if there is another or no amount therefor included in the Budget) of $231,149 (the “Guaranty Fee”).

  • The “Strike Price” is $11,300,614, which includes (a) direct costs of $10,273,285, (b) a contingency allowance (regardless if there is another or no amount therefor included in the Budget) of $821,863 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless if there is another or no amount therefor included in the Budget) of $205,466 (the “Guaranty Fee”).

  • The “S trike Price” is $10,386,079, which includes (a) direct costs of $9,273,285, (b) contingency (regardless of the amount, if any, which is included in the Budget) of $902,328 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless of the amount, if any, which is included in the Budget) of $185,466 (the “Guaranty Fee”).

Related to Producer Deferral

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

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

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

  • 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.

  • 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.

  • Elective Deferrals are all Salary Reduction Contributions and that portion of any Cash or Deferred Contribution which the Employer contributes to the Trust at the election of an Eligible Employee. Any portion of a Cash or Deferred Contribution contributed to the Trust because of the Employee's failure to make a cash election is an elective deferral. However, any portion of a Cash or Deferred Contribution over which the Employee does not have a cash election is not an elective deferral. Elective deferrals do not include amounts which have become currently available to the Employee prior to the election nor amounts designated as nondeductible contributions at the time of deferral or contribution.

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

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Matching Contribution means an Employer contribution made to this or any other Defined Contribution Plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Employee Elective Deferral, under a plan maintained by the Employer.

  • Plan Year means the calendar year.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

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

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

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

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

  • Matching Contributions means contributions made by the Employer on account of an "eligible Participant's" Elective Deferrals.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Plan Year(s means the approximate twelve-month periods between annual meetings of the shareholders of the Company, which, for purposes of the Plan, are the periods for which annual retainers are earned.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Employer Contributions means all amounts paid into ASRS by an

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.