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.

Related to Maximum Maturity

  • Final Maturity The Stated Maturity Date for any Note will be the date so specified in the Supplement, which shall be no later than 397 days from the date of issuance. On its Stated Maturity Date, or any date prior to the Stated Maturity Date on which the particular Note becomes due and payable by the declaration of acceleration, each such date being referred to as a Maturity Date, the principal amount of each Note, together with accrued and unpaid interest thereon, will be immediately due and payable.

  • Post-Maturity Rates After the date any principal amount of any Loan is due and payable (whether on the Revolving Commitment Termination Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrower shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Base Rate plus a margin of 2.00%.

  • Final Maturity Date 19 Fitch .....................................................................................19

  • Term to Maturity Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

  • Maturity Date This Agreement shall continue in effect until the maturity date set forth on the Schedule (the "Maturity Date"), subject to Section 6.3 below.