Permitted Maturity Sample Clauses
The Permitted Maturity clause defines the maximum allowable duration or term for a financial instrument, loan, or obligation under an agreement. It typically sets a specific time frame, such as a number of years or a fixed maturity date, beyond which the instrument cannot extend. For example, a loan agreement may specify that no loan can have a maturity date later than five years from the closing date. This clause ensures that all parties are aware of and adhere to the agreed-upon time limits, thereby managing risk and providing certainty regarding the timing of repayments or obligations.
Permitted Maturity. Each FCI shall have an expiry date that complies with the definition of Permitted Maturity, unless any such FCI does not provide for a specific expiry date, in which case the Commercial Lifetime of such FCI shall fall within the Permitted Maturity.
Permitted Maturity. Each Foreign Credit Instrument shall have an expiry date that complies with the definition of Permitted Maturity, unless any such Foreign Credit Instrument does not provide for a specific expiry date, in which case the Commercial Lifetime of such Foreign Credit Instrument shall fall within the Permitted Maturity.