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 of five years from the Date of Risk Commencement;

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.

Examples of Lock-in Period in a sentence

• Nor will this disqualification apply where such adviser is engaged after a period of 3 (three) years from the date of completion of 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 respect of Revival Period ending after Lock-in Period, the Policy will remain in DPF till the end of Revival Period.

• 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).

• In case the Policyholder opts to revive but does not revive the Policy during the Revival Period, the proceeds of the DPF shall be paid to the Policyholder at the end of the Revival Period or Lock-in Period whichever is later and the Policy will terminate upon such payment.

More Definitions of Lock-in Period

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

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

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, 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 means the period of five (5) consecutive 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 a period of 5 (Five) consecutive years from the Effective Date;