Plan Maturity Date definition

Plan Maturity Date means the final date on which the investment capital plus any returns (excluding the annual coupons, if any) is due to be repaid by the deposit taker as set out in the brochure;
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Plan Maturity Date means the April 1 coincident with or next following the later of the Participant’s: (i) attainment of age 60; or (ii) completion of 15 years of Plan participation.
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Plan Maturity Date means, with respect to a Policy, the date specified in Schedule A.
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Examples of Plan Maturity Date in a sentence

  • If the Plan term is equal to or is over 15 years, and you have interest to use the Encashment Value to buy an annuity product for securing your income in the future after Plan Maturity Date, depending on the market conditions at that time, we may provide information about a proper annuity product in accordance with your need for your independent consideration.

  • If the Plan term is equal to or is over 15 years, and you have interest to use the Encashment Value to buy an annuity product for securing income in the future for Beneficiaries after Plan Maturity Date, depending on the market conditions at that time, we may provide information about a proper annuity product in accordance with your need for your independent consideration.

  • No contributions may be made to the Plan after the Plan Maturity Date.

  • If the Plan term is equal to or is over 15 years, and you have interest to use the Encashment Value to buy an annuity product for securingincome in the future for Beneficiaries after Plan Maturity Date, depending on the market conditions at that time, we may provide information about a proper annuity product in accordance with your need for your independent consideration.

  • The amount to the credit of the Plan at the Plan Maturity Date will be used to provide a retirement income, as defined below, ('Retirement Income') or the Plan may be amended or revised to provide for the payment or transfer before the Plan Maturity Date, on the Member's behalf, of any such amount to another plan in accordance with Provision 6, or for the payment to the Member, in a lump sum, of the amount to the credit of the Plan less any amount withheld for income tax purposes.

  • Subject to MetLife underwriting requirements, until Retirement (or, if earlier, the Plan Maturity Date), the life insurance coverage under the Policy will be equal to five (5) times the participant’s Annual Compensation.

  • Government Regulations......................................................................46 Section 7.19.

  • The Additional Regular Contribution must take effect from at least ten years before the Plan Maturity Date and be more than the minimum amount set out in the table below depending on the Plan Currency and the frequency of Contribution.

  • The target cash value of the Policy at Plan Maturity Date will be designed (using the Actuarial Assumptions), but not guaranteed, to provide this target amount of paid-up coverage to age 95.

  • If the participant has only been a participant in this Plan or was part of the Original VELIP, then during this period prior to Plan Maturity Date, the amount of coverage shall be equal to what they had at retirement.

Related to Plan Maturity Date

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Class B Maturity Date means the January 2040 Distribution Date.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Class C Maturity Date is defined in the Indenture.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Final Maturity Date means the date that (i) is one hundred eighty (180) days following the Scheduled Termination Date or (ii) such earlier date on which the Loans become due and payable pursuant to Section 9.01.

  • Legal Maturity Date means July 15, 2024.

  • Initial Maturity Date means the earlier of (i) February 1, 2020 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

  • Tranche A Maturity Date means November 8, 2008, or, if such day is not a Business Day, the next preceding Business Day.

  • Original Maturity Date means the date on which the bond reaches the end of the term for which it was initially offered and, unless further extended, ceases to earn interest.

  • Scheduled Maturity Date means June 30, 2032.

  • Revolving Maturity Date means April 22, 2024 (or, with respect to any Revolving Lender that has extended its Revolving Commitment pursuant to a Permitted Amendment, the extended maturity date, set forth in any such Loan Modification Agreement).

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

  • Facility Maturity Date means the earliest of (a) the Business Day designated by the Borrower to the Lender pursuant to Section 2.16(b) to terminate this Agreement, (b) the Stated Maturity or (c) the date on which the Facility Maturity Date is declared (or is deemed to have occurred automatically) pursuant to Section 7.01.

  • Term B Maturity Date means January 31, 2025.

  • Postponed Maturity Date means the tenth Business Day following the originally scheduled Maturity Date;

  • Extended Maturity Date has the meaning specified in Section 2.17(a).

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Existing Maturity Date has the meaning specified in Section 2.14(a).

  • Latest Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Other Term Loan, any Other Term Commitment, any Other Revolving Loan or any Other Revolving Commitment, in each case as extended in accordance with this Agreement from time to time.

  • Maturity Date means March 15, 2026.

  • Swing Loan Maturity Date means, with respect to any Swing Loan, the earlier of (i) the last day of the period for such Swing Loan as established by the Swing Line Lender and agreed to by the Borrower, which shall be less than 15 days, and (ii) the Revolving Facility Termination Date.

  • Swingline Maturity Date means, with respect to any Swingline Loan, the date that is five Business Days prior to the Revolving Credit Maturity Date.