Deferral Amounts refers to those amounts Director previously deferred under the Original Agreement, and which the Bank maintained as separate account balance in the Director’s Deferral Account. The deferral element of this plan was eliminated by Amendment in July of 2003, however the Deferral Account was maintained, accounted for and credited with interest pursuant to the terms of the Original Agreement. In addition, the Deferral Account served as a bookkeeping entry only and was utilized solely as a device for the measurement and determination of the amounts to be paid to, or in respect of, a Participant pursuant to the Original Agreement.

Deferral Amounts means the principal apportionments designated by the State that would normally be distributed to Participants during the Deferral Months of the Fiscal Year but which instead have been deferred by State law to the Repayment Periods occurring during Fiscal Year 2021-22, subject to a Change in State Law.

Deferral Amounts means, as to the Borrower and its charter schools participating in the Program, the total funds deferred by the State from apportionments originally due to the Borrower during the Deferral Months identified in the Intercept Schedule, subject to change as provided in the MOU and Intercept Notices.

Examples of Deferral Amounts in a sentence

The principal terms of the 2021 July Deferral Agreement are as follows: • Payment of the 2021 Deferral Amounts will be deferred until August 31, 2023.
On November 19, 2020, the Company and CIC entered into the 2020 November Deferral Agreement pursuant to which CIC agreed to grant the Company a deferral of the 2020 November Deferral Amounts.
The principal terms of the 2020 November Deferral Agreement are as follows: • Payment of the 2020 November Deferral Amounts will be deferred until August 31, 2023.
The principal terms of the 2022 May Deferral Agreement are as follows: • Payment of the 2022 Deferral Amounts will be deferred until August 31, 2023.
In addition to the payments required to be paid by the Borrower under Section 3.02 hereof, the Borrower agrees that it shall pay from the proceeds of the Notes, the Deferral Amounts or other legally available funds of the Borrower, the Borrower’s Proportionate Share of Costs of Issuance of the Notes.

More Definitions of Deferral Amounts

Deferral Amounts means Salary Deferral Amounts and/or Bonus Deferral Amounts, as more fully described in Article V.

Deferral Amounts means the amounts of Annual Compensation contributed to the Plan by a Member pursuant to the Member’s election under Plan Sections 3.1.

Deferral Amounts means, as to each Borrower and its charter schools participating in the Program, the total funds deferred by the State from apportionments originally due to such Borrower during the Deferral Months identified in the Intercept Schedule, subject to change as provided in the MOU and Intercept Notices.

Deferral Amounts means those amounts deferred under the Plan by a Participant pursuant to the Participant's elections under any of Sections 3.1 through 3.5, and, where applicable, any Plan Sponsor deferrals pursuant to Section 3.4."

Deferral Amounts or “Deferrals” shall mean the portion of an Executive’s Base Salary and/or Bonus that is deferred as provided in Article III.