Maximum Maturity Clause Samples
The Maximum Maturity clause sets a definitive limit on the length of time an obligation, such as a loan or financial instrument, can remain outstanding. In practice, this means that regardless of any other terms or extensions, the debt must be repaid or settled by a specified final date. For example, a loan agreement might state that no payment schedule or extension can push the final repayment date beyond ten years from the start date. This clause ensures that all parties have certainty about the ultimate end date of their obligations, preventing indefinite extensions and managing long-term risk exposure.
Maximum Maturity. The portfolio will be invested in short-term instruments that have remaining maturities no longer that 13 months. However, the average maturity of the portfolio will be maintained at 9 months or less, unless specifically instructed in writing by the Company.
Maximum Maturity. No Mortgage Loan had an original term to maturity of more than thirty (30) years;
Maximum Maturity. A. To the extent possible, investments shall be matched with anticipated cash flow requirements and known future liabilities.