Tenth Deferral Anniversary definition

Tenth Deferral Anniversary means the date which is ten (10) years after the date of commencement of an Extended Interest Payment Period, if on such date such Extended Interest Payment Period has not ended.
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Tenth Deferral Anniversary means the date that is ten years after the date of commencement of an Optional Deferral Period, if on such date such Optional Deferral Period has not ended.
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Tenth Deferral Anniversary. “ means the date which is ten (10) years after the date of commencement of an Extended Interest Payment Period, if on such date such Extended Interest Payment Period has not ended.
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Examples of Tenth Deferral Anniversary in a sentence

  • Children are admitted to the temporary protection centres and are offered psychological support in the form of psychotherapy sessions with psychiatrists which are designed to put them at ease and help them to feel safe.

  • Until the Tenth Deferral Anniversary, a Default will occur if the Company does not increase the relevant Share Cap Amount to an amount that is greater than the minimum number of shares specified in the relevant Officers’ Certificate when required to do so as described above; provided that no Default will occur if the Company has increased the relevant Share Cap Amount to the maximum number of shares specified in the relevant Officers’ Certificate.

  • Until the Tenth Deferral Anniversary, a Default will occur if the Company does not increase the Share Cap Amount to an amount that is greater than 55 million shares when required to do so as described above; provided that no Default will occur if the Company has increased the share cap amount to 165 million shares.

  • If an Extended Interest Payment Period continues beyond its Fifth Deferral Anniversary, until the Tenth Deferral Anniversary, the Company may not pay on any Interest Payment Date interest that has accrued on any Security during the Quarterly Interest Accrual Period immediately preceding such Interest Payment Date, until the Company has paid all Deferred Interest at such time outstanding on all of the Securities using the proceeds from the New Equity Amount.

  • Until the Tenth Deferral Anniversary, a Default will occur if the Company does not increase the Share Cap Amount to an amount that is greater than 55,000,000 shares when required to do so as described above; provided that no Default will occur if the Company has increased the share cap amount to 280,000,000 shares.

  • Until the Tenth Deferral Anniversary, a Default will occur if the Company does not increase the Share Cap Amount to an amount that is greater than 100,000,000 shares when required to do so as described above; provided that no Default will occur if the Company has increased the Share Cap Amount to 300,000,000 shares.

  • Until the Tenth Deferral Anniversary, a breach of this provision will occur if the Company does not increase the Share Cap Amount to an amount that is greater than 100,000,000 shares when required to do so as described above; provided that no breach of this provision will occur if the Company has increased the Share Cap Amount to 300,000,000 shares.

  • After a Tenth Deferral Anniversary, the Company shall pay all Deferred Interest on the Securities that has not been cancelled to the extent permitted by applicable law, to the Persons in whose names the Securities are registered at the close of business on the Regular Record Date with respect to the Interest Payment Date for such Tenth Deferral Anniversary.

  • If an Extended Interest Payment Period continues beyond its Fifth Deferral Anniversary, the Company may not pay Deferred Interest on the Securities on any date in an amount that exceeds the New Equity Amount for such date; provided, however, that upon and following the Tenth Deferral Anniversary, upon the Maturity of the Securities, or if an Event of Default and Acceleration shall have occurred and be continuing, the provisions of this Section 13.4 shall not apply.

  • Until the Tenth Deferral Anniversary, a Default will occur if the Company does not increase the Share Cap Amount to an amount that is greater than the minimum number of shares specified in the relevant Officers’ Certificate when required to do so as described above; provided that no Default will occur if the Company has increased the relevant Share Cap Amount to the maximum number of shares specified in the relevant Officers’ Certificate.

Related to Tenth Deferral Anniversary

  • 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.

  • 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

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

  • 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.

  • First Anniversary means the first anniversary of the Closing Date.

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

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA;

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

  • Plan Year means the calendar year.

  • 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.

  • 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.

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

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

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

  • CONTRACT ANNIVERSARY The anniversary of the Contract Date.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Second Anniversary means the second yearly anniversary after the Effective Date.

  • Class Year Study means a Class Year Interconnection Facilities Study as that term is defined in OATT Section 25 (OATT Attachment S).

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

  • Benefit year means the period of twelve consecutive months, July 1 through June 30, as established by an employer in which an employee shall accrue and use earned sick leave as provided pursuant to N.J.S.A. 34:11D-2, provided that once the starting date of the benefit year is established by the employer it shall not be changed unless the employer notifies the Commissioner of Labor and Workforce Development of the change in accordance with regulations promulgated pursuant to the Act. The Commissioner shall impose a benefit year on any employer the Commissioner determines is changing the benefit year at times or in ways that prevent the accrual or use of earned sick leave by an employee.

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.