Initial Maturity definition

Initial Maturity means the date on which the allocation plans shall be matured. The Initial maturity of NFTMP-I shall be three months, NFTMP-II shall be six months and NFTMP-III shall be twelve months. However, the Allocation Plans may be rolled over and Management Company may announce a subsequent Initial Maturity for certain period where the management company feels appropriate in the interest of unit holders. During the extended period, Unit Holders shall have the option to either remain invested in the allocation plan or exit the allocation plan. However, exit before Initial maturity/ subsequent maturities shall be subject to applicable Contingent Load. At the time of rollover, the Management Company may announce a new Subscription period through notices to existing Unitholders and by placing notice on Management Company website. During subsequent subscription periods, the Management Company shall issue units at Par value. At Maturity the amount may be transferred to Money Market Schemes managed by NBP Fund Management Limited.

Initial Maturity means life cycle of the plan.

Initial Maturity means twenty four (24) months from the commencement of the Life of the Fund.

Examples of Initial Maturity in a sentence

• However, so long as (i) the Initial Maturity Date has not occurred prior to the Scheduled Initial Maturity Date, and (ii) no Event of Default or event or circumstance which, with the giving of notice or passage of time or both, could constitute an Event of Default exists on the Scheduled Initial Maturity Date, then the Extension Period automatically will become effective and the date for full payment of the Indebtedness automatically shall be extended until the Extended Maturity Date.

• No delay in the Activation Date, howsoever caused, shall entitle Customer to any rebate or reduction in the Line Fee or to any extension of the Initial Maturity Date.

• Subject to extension pursuant to the terms and conditions set forth in clause (b) of this Section 2.15 and subject to the provisions of clause (c) of this Section 2.15, the Maturity Date shall be the Initial Maturity Date.

• Subject to the provisions of this Section 5, Mezzanine Borrower shall have the option (the First Extension Option), by irrevocable written notice (the First Extension Notice) delivered to Mezzanine Lender no later than thirty (30) days prior to the Initial Maturity Date, to extend the Maturity Date to November 11, 2010 (the First Extended Maturity Date).

• Except to the extent of reallocations of participations pursuant to the prior sentence, the occurrence of the Initial Maturity Date shall have no effect upon (and shall not diminish) the percentage participations of the Lenders under the Revolving Loan Commitments in any Letter of Credit issued before the Initial Maturity Date.

More Definitions of Initial Maturity

Initial Maturity means twenty four (24) months from the commencement of the life Alfalah Islamic Capital Preservation Plan -6.

Initial Maturity means the date on which the investment plan(s) shall be matured.

Initial Maturity means twenty four (24) months from the commencement of the Life of NAFA Islamic Active Allocation Plan –I, and as mentioned in supplemental Offering Documents for additional Allocation Plans.

Initial Maturity means twenty four (24) months from the commencement of the life Alfalah GHP Islamic Moderate Allocation Plan, Alfalah GHP Islamic Active Allocation Plan -2, Alfalah GHP Islamic Active Allocation Plan -3, Alfalah Islamic Capital Preservation Plan -4 and Alfalah Islamic Capital Preservation Plan -5.

Initial Maturity. DATE shall mean November 9, 2004.

Initial Maturity means thirty months (2.5 years) from the commencement of the life Atlas Islamic Atlas Islamic Capital Preservation Plan.

Initial Maturity. Date shall mean September 9, 2006.