Examples of Purchase Payment Date in a sentence
While this Rider is in force, the Benefit Base will be increased by the amount of each Purchase Payment made on or before the GWB Purchase Payment Date, plus an amount determined by multiplying any applicable GWB Bonus Rate specified on the Contract Schedule to such Purchase Payment.
For each Purchase Payment made on or before the GWB Purchase Payment Date shown in the Contract Schedule, the Guaranteed Withdrawal Amount will be reset equal to the greater of a) the Guaranteed Withdrawal Amount before the Purchase Payment and b) the Benefit Base after the Purchase Payment.
The GWB Purchase Payment Date is the last date that Purchase Payments can reset the Guaranteed Withdrawal Amount, Benefit Base or Annual Benefit Payment as defined below.
When a Purchase Payment is made after the GWB Purchase Payment Date, the Guaranteed Withdrawal Amount will not change.
And she does not regard herself as superior to her intellectual peers or as deserving of special intellectual treatment.
Holders of Notes that are subject to an offer to purchase will receive a Excess Proceeds Offer from the Company prior to any related Purchase Payment Date and may elect to have such Notes purchased by completing the form entitled "Option of Holder to Elect Purchase" appearing below.
Not later than 30 days following a Change of Control or Fundamental Transaction, the Company will make an Offer to Purchase all outstanding Notes (a “Change of Control Offer”) at a purchase price equal to one hundred fifty percent (150%) of the principal amount thereof plus accrued and unpaid interest, if any, to (but not including) the Offer to Purchase Payment Date.
Repurchase of Notes Upon a Change of ControlNot later than 60 days following a Change of Control, the Company will make a Change of Control Offer (as defined herein) at a purchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to (but not including) the Offer to Purchase Payment Date (as defined herein).
In the event that seven (7) days prior to a Purchase Payment Date there are insufficient moneys in the Qualified Obligations Account to pay the amounts required by paragraph (b) of this Section 5.02 on the due date thereof, the City will notify the Trustee not later than five (5) days prior to the Purchase Payment Date thereof that the amount available in the Qualified Obligations Account is less than the amount required on the following Purchase Payment Date.
A termination notice will be effective upon receipt by the Agent, provided such notice is received at least two business days prior to the next dividend record date, Optional Cash Purchase Payment Date or commencement of the next Investment Period.