Deferral End Date definition

Deferral End Date means the earlier of (i) the date on which the Issuer accrues enough Unallocated Distributable Profits during the fiscal year of the Issuer in which such interest payments were otherwise due, as determined by the Board of Directors of the Issuer after consultation with the Issuer’s auditors, to pay the entire deferred payment due under the Capital Notes and under other Capital Securities ranking pari passu with the Capital Notes and Other Tier I Securities, and makes such payments or (ii) 31st December of the fiscal year of the Issuer in which such payments were otherwise due.
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Deferral End Date has the meaning set forth in Section 6.4 (Deferral of Launch of Offer);
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Deferral End Date. EITHER: The date on which the Grantee’s service as a member of the Board of Directors terminates.
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Examples of Deferral End Date in a sentence

  • If, and to the extent that, any deferred payments remain unpaid after the applicable Deferral End Date, the right of the holders of Notes to receive such deferred payments will be lost.

  • At the Deferral End Date the Company will make full or partial payment of all deferred but unpaid interest under the Notes and such other Capital Securities pro rata to the extent the Company has accrued any Unallocated Distributable Profits, as determined by the Board of Directors of the Company after consultation with the Company’s auditors, in such fiscal year.

  • If, and to the extent that Available Distributable Funds are insufficient or non-existent and the Company makes partial payment of, or does not pay, accrued but unpaid interest, the right of the holders of Notes to receive accrued but unpaid interest in respect of the relevant Interest Period will be deferred until the Deferral End Date.


More Definitions of Deferral End Date

Deferral End Date means the earlier to occur of: (i) the closing of a public offering of Company securities concurrent to a NASDAQ listing, or (ii) September 30, 2016.
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Deferral End Date means, with respect to any interest payment all or a portion of which shall not have been paid in accordance with Section 8.1(b), the earlier of (i) the date on which the Company accrues enough Unallocated Distributable Profits during the fiscal year of the Company in which such interest payments were otherwise due, as determined by the Board of Directors of the Company after consultation with the Company’s auditors, to pay the entire deferred payment due under the Notes and under other Capital Securities ranking pari passu with the Notes and Other Tier I Securities, and makes such payments or (ii) December 31 of the fiscal year of the Company in which such payments were otherwise due.
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Related to Deferral End Date

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

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

  • Deferral Period has the meaning set forth in Section 3(i) hereof.

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

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • 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.

  • Referral Date has the meaning set forth in Section 12.2(a).

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Regular primary election means the election on the fourth Tuesday of June of

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

  • Deferral Amount means the sum of all of a Participant's Annual Deferral Amounts.

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

  • Special Enrollment Period means a period of time allowed under this Plan, other than the eligible person’s Initial Enrollment Period or an Open Enrollment Period, during which an eligible person can request coverage under this Plan as a result of certain events that create special enrollment rights.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

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

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

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • 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

  • Plan Year means the calendar year.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Service Year means fiscal year, except that:

  • 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.

  • Election cycle means the period beginning on the first day persons are eligible to