Deferral Letter definition
Examples of Deferral Letter in a sentence
All of the terms and provisions of the Amended Loan Agreement and the other Loan Documents (after giving effect to the Deferral Letter) shall, except as amended and modified hereby, remain in full force and effect and are hereby ratified and affirmed by the Obligors.
The non-qualified deferred compensation arrangement memorialized in the December 1,2004 letter agreement (the "2004 Deferral Letter") shall be discontinued effective December 31, 2006 but without distribution of such amounts to you.
The Performance Award Agreement, dated as of February 25, 2003, by and between Executive and Granite (the “Performance Award Agreement”), is hereby amended as set forth on Schedule B hereto, and the Deferral Letter Agreement, dated as of December 8, 2003, by and between Executive and Granite (the “Deferral Letter” and, together with the Performance Award Agreement, the “Performance Award Documents”), is hereby amended as set forth on Schedule C hereto.
Capitalized terms used but not defined in this Guaranty shall have the meaning given to them in the Deferral Letter.
Unless and until this Agreement becomes effective in full as set forth in the preceding sentence, the terms and conditions of the Original Master Lease Agreement and the Deferral Letter dated February 26, 2002 between Lessee and Agent, as such letter may be amended, extended or replaced, shall remain in full force and effect unaffected by the terms of this Agreement.
To date, the Company has made all payments due under the May 2016 Deferral Letter Agreement.
Effective on the date the transfer occurs, the 2004 Deferral Letter shall terminate.
The SESP will be amended to reflect this transfer and its terms and conditions will govern the distribution of all transferred amounts and will supersede the distribution provisions set forth in the 2004 Deferral Letter.
Effective January 1, 2007, the amounts credited to the "book entry" account established under the 2004 Deferral Letter shall be credited to a new "book entry" account to be established for you under the New York Stock Exchange, Inc.
Supplemental Exchange Savings Plan ("SESP") and any assets held in the rabbi trust established pursuant to the 2004 Deferral Letter shall be transferred to the rabbi trust established for the SESP.