Deferral Period definition

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

Deferral Period means the period of time during which Deferred Shares are subject to deferral limitations under Section 7 of this Plan.

Deferral Period shall have the meaning indicated in Section 4(k)(ii) hereof.

Examples of Deferral Period in a sentence

• During any Deferral Period, interest on the Notes will continue to accrue at the then-applicable interest rate on the Notes (as reset from time to time on any Interest Reset Date occurring during such Deferral Period).

• No Deferral Period may extend beyond the Maturity Date or any date fixed for redemption, as applicable.

• In addition, during any Deferral Period, interest on the deferred interest (“compound interest”) will accrue at the then-applicable interest rate on the Notes (as reset from time to time on any Interest Reset Date occurring during such Deferral Period), compounded semi-annually, to the extent permitted by applicable law.

• Group life insurance and long-term disability deductions will be based on the Employee’s full salary rather than the actual salary received during the Deferral Period.

• The Corporation will give the Holders of the Notes written notice of its election to commence or continue a Deferral Period at least 10 days and not more than 60 days before the next Interest Payment Date.

More Definitions of Deferral Period

Deferral Period means the period during which the receipt of a Deferred Stock Award under Section 6 of the Plan will be deferred.

Deferral Period. See Section 3(i) hereof.

Deferral Period has the meaning specified in Section 5.3

Deferral Period has the meaning set forth in Section 2.2(b).

Deferral Period means the period commencing on an Interest Payment Date with respect to which the Company elects or is deemed to elect to defer interest pursuant to Section 2.05 and ending on the earlier of (i) the fifth anniversary of that Interest Payment Date and (ii) the next Interest Payment Date on which the Company has paid all deferred and unpaid amounts (including Compounded Interest) and all other accrued interest on the Debentures.

Deferral Period with respect to any series of Securities, means any period during which the Company elects to extend the interest payment period on such series of Securities pursuant to Section 4.01(b); provided that a Deferral Period (or any extension thereof) may not extend beyond the Stated Maturity or the Redemption Date of any Security of such series and must end on an Interest Payment Date or, if the Securities are redeemed, on an Interest Payment Date or the Redemption Date for such Securities.

Deferral Period means the period of time during which Restricted Stock Units are subject to deferral limitations under Section 9.