Deferred Amounts. Only deductions that employees defer during the match period shall be matched by the District.
Deferred Amounts. 17.7.1 The employer unconditionally guarantees payment of the deferred amount.
17.7.2 The deferred amount shall be invested by the employer.
17.7.3 The interest rate to be applied to the deferred amount is guaranteed to be the same rate as the employer receives on short-term investments.
17.7.4 Payroll shall maintain an individual account for the deferred amount of each participant in the plan; however, the amount will not be held in a segregated fund.
Deferred Amounts. (i) In addition to the rate of interest otherwise payable with respect to the Notes and all other amounts payable hereunder or in connection herewith, the Company shall pay, by no later than January 15, 2004, additional interest to the Noteholders in accordance with their respective pro rata principal amount in an amount equal to the aggregate of (a) each Series I Deferred Principal Amount multiplied by a rate per annum equal to 2.00% per annum from the date such Series I Deferred Principal Amount is created and determined hereunder until the date such Series I Deferred Principal Amount has been paid in full plus (b) each Series I Deferred Principal Amount multiplied by a rate per annum equal to 1.00% per annum from the date such Series I Deferred Principal Amount has been paid in full (through voluntary prepayments pursuant to paragraph 4C hereof) to (but not including) January 15, 2004 (the amounts referred to in clauses (a) and (b) hereof are collectively referred to as "Deferred Principal Amount Fees"). Each such voluntary prepayment shall be applied to the earliest occurring Series I Deferred Principal Amount and, after the same has been paid in full, thereafter to each immediately succeeding Series I Deferred Principal Amount until all Series I Deferred Principal Amounts have been paid in full. On January 15, 2004, the Company shall pay all Series I Deferred Principal Amounts. As used in this paragraph 4G(i), "Deferred Principal Amount" means, with respect to each monthly repayment of the Amortization Debt occurring on or after the Second Amendment Effective Date but prior to January 1, 2004, the excess, if any, of (x) $4,958,333 minus (y) the actual amount of such repayment; it being understood and agreed that each occurrence of such an excess will create a new and independent Deferred Principal Amount. As used in this paragraph 4G(i), "Series I Deferred Principal Amount" means the Series I Note Principal Allocation times each Deferred Principal Amount. The Company agrees that in connection with any payment of fees payable to the Specified Holders similar to the Deferred Principal Amount Fees, the Company shall pay to the Noteholders a pro rata amount of such payment.
Deferred Amounts. 18.7.7.1 The Institute unconditionally guarantees payment of the Deferred Amount.
18.7.7.2 The Deferred Amount shall be invested by the Institute.
18.7.7.3 Deferred amounts will be invested in a savings account or flexible GIC account. Investments will be monitored by the committee set up to supervise the Deferred Salary leave Plan
18.7.7.4 Payroll shall maintain an individual account for the Deferred Amount and accrued interest of each employee in the Plan.
Deferred Amounts. The Sellers covenant that, prior to the Closing Date, they shall pay to each Business Employee and shall otherwise be liable for (i) such employee’s bonus under any bonus plan sponsored or maintained by the Sellers for employees of the Business and the Mexican Subsidiaries specifically relating to the last six months of the calendar year ending December 31, 2003 and the six-month period ended June 30, 2004, calculated in accordance with the policies and practices of the Sellers as of the date hereof and as set forth in Section 6.05(a) of the Disclosure Schedule and (ii) any amounts owed to any Business Employee under the Rhodia U.S. Deferred Compensation Plan and as set forth in Section 6.05(b) of the Disclosure Schedule.
Deferred Amounts. (a) On the Commencement Date, and in connection with the transactions contemplated by this Agreement, DKTS shall cause to be issued to Citi a Letter of Credit in an initial face amount of USD 70,000,000 (such Letter of Credit, the “Initial Deferral LC” and such amount, the “Initial Deferred Amount”), and Citi shall advance to DKTS the Initial Deferred Amount for the purpose of facilitating the payment by DKTS of amounts owing or that may become owing, or which are or may be required to be posted as Posted Collateral, under Articles 8, 9, 11, and 12.
(b) Upon prior written notice to Citi (such prior written notice to be given at least ten (10) Business Days before each Monthly True-Up Payment Date), DKTS shall have the right to defer payment of all or a portion of any outstanding Deferred Amount until or, in the event the outstanding Deferred Amount is less than USD 70,000,000, request that Citi advance funds for the purpose of facilitating the payment by DKTS of amounts owing or that may become owing, or which are or may be required to be posted as Posted Collateral, under Articles 8, 9, 11, and 12, on (the date of such deferral or request for an advance, the “Deferral Date”), the Monthly True-Up Payment Date occurring during the next following calendar month (the amount of each such deferred payment or advance pursuant to this Section 11.3(b), a “Subsequent Deferred Amount” and together with the Initial Deferred Amount, each a “Deferred Amount”), in an amount not greater than the lesser of (i) USD 70,000,000 and (ii) the amount by which (A) the undrawn amount of all Deferral LCs exceeds (B) the outstanding Deferred Amount, in each case, as of the Deferral Date.
(c) The repayment and/or advance of any Deferred Amount shall be incorporated as a component of the Monthly True-Up Amount as the Net Deferred Amount Payment. If the Net Deferred Amount Payment is a positive number, such payment shall represent an amount due from DKTS to Citi and if the Net Deferred Amount Payment is a negative number, such payment shall represent an amount due from Citi to DKTS and, in each case, shall be subtracted in the calculation of the Monthly True-Up Amount.
(d) For the purposes hereof, “Net Deferred Amount Payment” means:
Deferred Amounts. 17.3.8.1 The College unconditionally guarantees payment of the Deferred Amount.
17.3.8.2 The Deferred Amount shall be invested by the College.
17.3.8.3 The interest rate to be applied to the Deferred Amount is guaranteed to be the same rate as the College receives on short-term investments.
17.3.8.4 Payroll shall maintain an individual account for the Deferred Amount and accrued interest of each employee in the Plan.
Deferred Amounts. At all times a Participant shall be fully vested in his Deferred Salary, Deferred Bonus, Deferred Equity-Based Compensation, and Deferred Restoration Distribution Accounts hereunder (including any earnings or losses and Dividend Reinvestment Return thereon). A Participant shall become vested in any Company Matching Credits in the same manner and to the same extent as the Participant is vested in matching contributions otherwise credited to the Participant under the SIP. A Participant shall become vested in any Company Discretionary Credits pursuant to the vesting schedule established by the Company at the time such Credits, if any, are made. Except as otherwise provided in Section 6.1(b) (death) or Section 6.1(c) (disability), if a Participant incurs a Separation from Service at any time prior to becoming fully vested in amounts credited to the Participant’s Accounts hereunder, the nonvested amounts credited to the Participant’s Accounts shall be immediately forfeited and the Participant shall have no right or interest in such nonvested deferred amounts.
Deferred Amounts. In addition to the Employee's salary and other ----------------- compensation, the Company shall make payments of Deferred Amounts in the amounts and on the conditions set forth herein:
A. If after the date of this Agreement, the Company should approve and award a discretionary bonus to the Employee based on an assessment of the Company, then all or a portion of any such bonus, but not more than $75,000 shall not be currently payable to the Employee but shall instead be credited to him as a Deferred Amount.
B. Deferred Amounts to which the Employee shall become entitled under subparagraph "A" above shall be credited by the Company to a bookkeeping account and such account shall also be credited with additional Deferred Amounts equal to interest, adjusted and compounded quarterly at a rate to be determined annually by the Company.
C. All Deferred Amounts to which the Employee shall become entitled under this Agreement shall be paid to the Employee as a lump sum on the earlier of: (1) a date within six months after the date of termination of the Employee's employment with the Company for any reason, or (2) installments of $25,000 (plus interest) on each of June 1, 1999, December 1, 1999 and June 1, 2000.
D. In the event of the death of the Employee before full payment of all Deferred Amounts to which he is entitled under this Agreement, any unpaid amounts shall be paid to Longma Aust (or in the event that Longma Aust does not survive, to the Employee's children, equally).
