Maturity Account definition

Maturity Account means an account or accounts required to be established by the Corporation (and which shall be maintained by and subject to the control of the Trustee) for each series of Debentures issued pursuant to and in accordance with this Indenture;
Maturity Account means an account or accounts required to be established by the Trust (and which shall be maintained by and subject to the control of the Debenture Trustee) for each series of Debentures pursuant to and in accordance with this Indenture;
Maturity Account means an account required to be established by the Corporation (and which shall be maintained by and subject to the control of the Trustee) for the Notes issued pursuant to and in accordance with this Indenture;

Examples of Maturity Account in a sentence

  • Each such Maturity Account shall be maintained by and be subject to the control of the Trustee for the purposes of this Indenture.

  • The Corporation will establish and maintain with the Trustee a Maturity Account for each series of Debentures.

  • Each such Maturity Account shall be maintained by and be subject to the control of the Debenture Trustee for the purposes of this Indenture.

  • The Corporation will establish and maintain with the Trustee a Maturity Account for the Debentures.

  • The Maturity Account shall be maintained by and be subject to the control of the Trustee for the purposes of this Indenture.

  • The Contract Value described in preceding items (1) and (3) will include a market value adjustment for any amounts allocated to the Multiple Maturity Account.

  • The Company will establish and maintain with the Trustee a Maturity Account for each series of Debentures.

  • The Trust will establish and maintain with the Debenture Trustee a Maturity Account for each series of Debentures.

  • This service is not available, nor will it ever apply, to any part of the Contract Value allocated to the Fixed Account or Multiple Maturity Account.

  • Systematic Surrenders are not available for amounts invested in the Multiple Maturity Account.


More Definitions of Maturity Account

Maturity Account has the meaning ascribed thereto in Section 2.10(a);
Maturity Account means the Post Office Savings Account(s) set up by us in your name(s) to receive maturing funds.
Maturity Account means an account or accounts required to be established by Baytex (and which shall be maintained by and subject to the control of the Indenture Trustee) for each series of Debt Securities issued pursuant to and in accordance with this Indenture;
Maturity Account has the meaning ascribed thereto in Section 2.10(a); “Maturity Date” means January 30, 2021 or such other date on which the Debentures become due and payable as provided in this Indenture; “NCI” means the non-certificated inventory system operated by CDS; “NCI Letter of Instruction” means the NCI letter of instruction provided by CDS to the Trustee in connection with the conversion of the Debentures; “Notice” shall mean any notice, document or other communication required or permitted to be given under this Indenture; “Officer’s Certificate” shall mean a certificate signed by any two officers of the Corporation, at least one of whom shall be the chief executive officer or the chief financial officer, (or officer holding a similar title) and delivered to the Trustee; “Opinion of Counsel” means a written opinion addressed to the Trustee (among other addressees as applicable) by Counsel and in a form which, in each case, shall be reasonably satisfactory to the Trustee; “Outstanding” when used with respect to the Debentures means, as of the date of determination, all Debentures theretofore certified and delivered by the Trustee under this Indenture, except:
Maturity Account means an account or accounts required to be established by the Corporation
Maturity Account means an account or accounts required to be established by the Issuer (and which shall be maintained by and subject to the control of the Paying Agent) for each series of Notes issued pursuant to and in accordance with this Indenture. “Notes” means the notes, debentures or other evidence of Indebtedness of the Issuer issued and authenticated hereunder, or deemed to be issued and authenticated hereunder, and includes Global Notes and for greater certainty, the Series A Second Lien Notes and the Series B Second Lien Notes. “Notes Majority” means: (a) with respect to the Second Lien Notes, the affirmative vote of, or an instrument signed in one or more counterparts by, the Holder or Holders of more than fifty percent (50%) of the aggregate principal amount of the outstanding Second Lien Notes, provided that for purposes of determining the aggregate principal amount of the outstanding Second Lien Notes, the

Related to Maturity Account

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).