Lock-in Period definition

Lock-in Period means the period of five consecutive years from the date of commencement of the policy, during which period the proceeds of the discontinued policies cannot be paid by the insurer to the policyholder or to the insured, as the case may be, except in the case of death or upon the happening of any other contingency covered under the policy.

Lock-in Period means a period from the first day of such Lock-In Period (which may be expressed as a number of Business Days prior to a Distribution Date) to the immediately succeeding Interest Payment Date during which the interest rate, Index or other calculation in effect on the first day of such Lock-In Period shall remain in effect for every day in such Lock-In Period.

Lock-in Period means a period of five years from the Date of Risk Commencement;

Examples of Lock-in Period in a sentence

• This may lead to a lack of liquidity for the Bondholders during such periods (whether before or after the expiry of the Lock-in Period).

• However the first 12(twelve) months from the date of Application/Booking shall be a Lock-in Period during which time the Allottee shall not be permitted to nominate in favor of any third party.

• In all other jurisdictions, your Policy Account (except any amounts you allocated to the Guaranteed Interest Account) will be allocated to the EQ/Money Market investment option as of the later of: (1) the Investment Start Date; and (2) the Issue Date, for 20 calendar days (Money Market Lock-in Period), and will be allocated according to the above percentages on the 1st business day following the Money Market Lock-in Period.

• However, if we have not received all necessary requirements for your policy as of the Issue Date, the Money Market Lock-in Period will begin on the date we receive, at our Administrative Office, all necessary requirements to put the policy in force.Any payments we receive prior to your Investment Start Date will be held in a non-interest bearing account until your Investment Start Date.

• If the Policy is surrendered or is completely withdrawn after completion of the Lock-in Period, the Fund Value as on the date of receipt of valid surrender request or on the date of complete withdrawal will be paid out to You and this Policy will be terminated.

More Definitions of Lock-in Period

Lock-in Period means the first five (5) Policy Years from the Policy Commencement Date.

Lock-in Period means the period of time during which an Enrollee may not change MCOs, unless the Enrollee can demonstrate Good Cause as established in state law and specified in Appendix H of this Agreement.

Lock-in Period means the period commencing on the Implementation Date and terminating on the earlier of:

Lock-in Period means the period expiring on the later of: (a) five (5) years from the Commencement Date; and (b) the completion of HMT's first five (5) year Gateway Review

Lock-in Period means the period of five (5) consecutive Policy Years from the Policy Commencement Date.

Lock-in Period. ’ means, for any floating rate notes, the period from and including the day specified as the first day of that lock-in period (or ‘‘Lock-in Period Start Date’’) to but excluding the next interest payment date (or, for the final interest period, the maturity date or date set for redemption). The interest rate or other calculation in effect on that lock-in period start date will be the rate or other such calculation in effect for the remainder of such interest period. For any notes for which a lock-in period has been specified in the pricing supplement for your notes, the interest rate on your notes for the period from the first day of any interest period to the next reset date (as defined below) will be the interest rate or other calculation that would have been in effect as of the most recent reset date on or prior to the first day of such interest period had that lock-in period not been in effect.

Lock-in Period shall have the meaning ascribed to it in Clause 17.1;