Examples of Deferred Payment Date in a sentence
If your contract includes a Deferral Period, your first payment will be due at the Deferred Payment Date.
Notwithstanding the introductory language of this Article 6, the representations and warranties of Swala in this Section 6.4 are made as of the date that Swala Parent authorizes the creation of the Preferred Shares and shall be deemed to be repeated as of (i) the Deferred Payment Date in respect of the First Transaction, (ii) the Second Closing Date (if any) in respect of the Second Transaction, and (iii) the Third Closing Date (if any) in respect of the Third Transaction.
Upon receipt of the Deferred Consideration, the Company shall deliver to the Purchaser the Share Charge Release duly executed by the Company, to effect the release of the security under the Share Charge with effect from such Deferred Payment Date.
In making such designation, the Participant may designate any January of a specified year as a Deferred Payment Date, so long as the specified year is at least three (3) years after the year in which the deferrals are being made.
On each deferral election form filed by a Participant, such Participant shall specify the Deferred Payment Date on which benefit payments under the Plan are to be made or commence with respect to the Deferred Amount covered by such deferral election.