Deferral definition
Examples of Deferral in a sentence
As permitted by the terms of the 2054 Notes, if interest payments are deferred or otherwise not paid up to a redemption date that does not fall on an Interest Payment Date, they will accrue and compound until paid at the same rate at which the 2054 Notes bear interest (as reset from time to time on any Reset Date occurring during such Optional Deferral Period in accordance with the terms of the 2054 Notes) to the extent permitted by law.
If interest payments are deferred or otherwise not paid, they will accrue and compound until paid at the same rate at which the 2054 Notes bear interest (as reset from time to time on any Reset Date occurring during such Optional Deferral Period in accordance with the terms of the 2054 Notes) to the extent permitted by law.