Terminal Date definition

Terminal Date means in respect of each Member the Annual Renewal Date following the date on which completes the age of 55 or the member closes his account with the Bank or discontinuance of premium payment whichever is earlier.
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Terminal Date means in respect of each Scheme Member, the date on which the Coverage Term expires.
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Terminal Date means in respect of each Scheme Member, the date on which the period of insurance ends.
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Examples of Terminal Date in a sentence

  • Any portion of the Option not exercised when vested shall accumulate and be exercisable at any time during the Option Period (subject to early termination pursuant to paragraph 3) prior to the Terminal Date.

  • The Option Period shall commence on the Grant Date and except as provided in paragraph 3, shall end on the Terminal Date which shall be one hundred twenty (120) months from the Grant Date.

  • The Option and all rights granted hereunder to the extent such rights shall not have been exercised, shall terminate and become null and void on the Terminal Date.

  • Notwithstanding anything herein to the contrary, however, the Option and all rights herein granted shall in all events terminate and become null and void on the Terminal Date.

  • Any portion of the option that is not exercised shall accumulate and may be exercised at any time during the Option Period prior to the Terminal Date.


More Definitions of Terminal Date

Terminal Date means the last day of the Operation Period or the date on which this Agreement expires by efflux of time;
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Terminal Date in respect of a claimant means the terminal date in his case for the purposes of regulation 7 of the Child Benefit (General) Regulations 1976;
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Terminal Date means in respect of each Scheme Member the date on which the period of insurance ends.
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Terminal Date means in respect of each Scheme Member, the Annual Renewal Date which is coincident with or next following the date on which the Scheme Member completes the age of 50 years.
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Terminal Date means December 31 of the Terminal Year.
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Terminal Date is defined in Section 10.1(b)(ii).
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Terminal Date means in respect of each Member the Annual Renewal Date which is coincident with or next following the date on which the Member completes the age of …….years or the date from which he ceases to be an Eligible Employee of an employer-employee group/member of non employer- employee group.
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