Date of Maturity definition

Date of Maturity means the date specified in the Schedule on which the Policy Term is completed.
Date of Maturity shall have the meaning ascribed to such term in Section 2(b) of this Note.
Date of Maturity means a fixed date on which benefit may become payable either absolutely or contingently.

Examples of Date of Maturity in a sentence

  • The redemption or conversion value varies based on the following factors: the cumulative return on the Guaranteed Investment since its issue, the fact that the principal guarantee applies at maturity only, volatility, interest rates and the term remaining before the Date of Maturity.

  • After the Date of Maturity, in case of death of the Life Assured, who has exercised Settlement Option, the outstanding instalments will continue to be paid to the nominee as per the option exercised by the Life Assured and no alteration whatsoever shall be allowed to be made by the nominee.

  • Policy Term means the period commencing on the Policy Date and ending on the Date of Maturity as mentioned in the Policy Schedule.

  • If a lapsed policy is not revived within the revival period but before the Date of Maturity, the policy will automatically terminate.

  • No Maturity Benefit shall be payable on the Life Assured surviving the stipulated Date of Maturity.


More Definitions of Date of Maturity

Date of Maturity means the expiry date of this Policy as shown in Section 1 of the Schedule.
Date of Maturity means the date specified in the Schedule on which the Maturity Benefit shall become payable to the policyholder.
Date of Maturity means the date specified in the Schedule on which the Policy Term expires.
Date of Maturity is the date annuity payments under this contract begin, in accordance with Section 15.
Date of Maturity. Purchase Price: _____% Settlement Date and Time: Additional Terms Warrants Warrant Exercise Price: Principal Amount of Notes Issuable on Exercise of Warrant: Date After Which Warrants are Exercisable: Expiration Date: Detachable Date: Additional Terms: Also, agreement as to whether the following will be required: Officer's Certificate pursuant to Section 6(b) of the Distribution Agreement. Legal Opinion pursuant to Section 6(c) of the Distribution Agreement. Comfort Letter pursuant to Section 6(d) of the Distribution Agreement. Stand-off Agreement pursuant to Section 3(e) of the Distribution Agreement.
Date of Maturity. Purchase Price: ___%, plus accrued interest, if any, from _________ Price to Public: ___%, plus accrued interest, if any, from _________ Settlement Date and Time: Stand-off Period (if any): Provisions applicable to the failure of any Agents (if more than one) to purchase and pay for the Notes it has agreed to purchase and pay for hereunder: Additional Terms: Also, agreement as to whether the following will be required: Officer's Certificate pursuant to Section 7(b) of the Distribution Agreement. Legal Opinion pursuant to Section 7(c)of the Distribution Agreement. Comfort Letter pursuant to Section 7(d) of the Distribution Agreement. Stand-off Agreement pursuant to Section 4(k) of the Distribution Agreement. EXHIBIT B Administrative Procedures For Colonial Gas Company Secured Medium Term Notes, Series B Due From 9 Months to 40 Years From Date Of Issue (Dated as of March __, 1998) Secured Medium Term Notes, Series B (the "Notes") in the aggregate principal amount of up to $75,000,000 are to be offered on a continuing basis by Colonial Gas Company (the "Company") through Salomon Brothers Inc, X.X. Xxxxxxx & Sons, Inc. and Xxxxxxx Xxxxx & Co., Xxxxxxx Lynch, Xxxxxx, Xxxxxx & Xxxxx Incorporated who, as agents (each an "Agent," and, collectively, the "Agents"), have agreed to use their reasonable efforts to solicit offers to purchase the Notes from the Company. The Agents may also purchase Notes as principal for resale. The Notes are being sold pursuant to a Distribution Agreement between the Company and the Agents, dated March __, 1998 (the "Distribution Agreement"). The Notes are to be issued as a new series of first mortgage bonds under the Company's Second Amended and Restated First Mortgage Indenture to State Street Bank and Trust Company, as trustee, dated as of June 15, 1992, as heretofore supplemented and as it is to be further supplemented by a Fourth Supplemental Indenture, dated as of March __, 1998 (said First Mortgage Indenture, as heretofore supplemented and as it is to be further supplemented, the "Mortgage"). The Registration Statement (as defined in the Distribution Agreement) with respect to the Notes has been filed with the Securities and Exchange Commission (the "Commission"). The Prospectus included in the Registration Statement is herein referred to as the "Prospectus." A pricing supplement with respect to the specific terms of any Notes is herein referred to as a "Pricing Supplement." The Notes will either be issued (a) in book-entry form ...
Date of Maturity has the meaning given that term in the Note.