Examples of Deposit Maturity Date in a sentence
Where interest is payable to you, such interest shall be paid on the Deposit Maturity Date.
Where negative interest is chargeable on the Deposit, such interest shall be debited from your Account on the Deposit Maturity Date.
The Maturity Benefit of a Deposit in the Guaranteed Interest Fund is equal to the Accumulated Value of the Deposit on the Deposit Maturity Date.
Market Value AdjustmentFor a Deposit in the Guaranteed Interest Fund and the Step-up Interest Fund, the Market Value Adjustment is the amount by which the Accumulated Value of a Deposit in the Contract is reduced in the event of a surrender, transfer or payment of the Death Benefit (if applicable) prior to the Deposit Maturity Date.
For a Deposit in a Variable Investment, the Market Value Adjustment is the amount by which the Current Value of a Deposit in the Contract is reduced in the event of a surrender, a transfer or payment of the Death Benefit (if applicable) prior to the Deposit Maturity Date.
Regardless of the method of payment (pre-authorized chequing, lump sum investment, or reinvestment after the Deposit Maturity Date), the applicable minimum Deposit amount will apply to each term and Investment Option selected and the Deposit will not be transferred from the Daily Interest Fund to the Investment Option selected until the minimum has been met.
The registered office shall be established and maintained at the office of the United States Corporation Company, in the City of Dover, in the County of Kent, in the State of Delaware, and said corporation shall be the registered agent of the Corporation.
The Maturity Benefit of a Deposit in the Step- up Interest Fund is equal to the Accumulated Value of the Deposit on the Deposit Maturity Date.
All Deposits allocated to a specific Class Deposit Year Account will be deemed to have the same Class Deposit Maturity Date.
Deposits in the Non-redeemable Guaran- teed Interest Fund are not available for surrender prior to the Deposit Maturity Date.