Demand Feature definition
Demand Feature. If this Note contains a demand feature, ▇▇▇▇▇▇'s right to demand payment, at any time, and from time to time, shall be In Lender's sole and absolute discretion, whether or not any default has occurred.
Demand Feature means a feature permitting the holder of a security to sell the security at an exercise price equal to the approximate amortized cost of the security plus accrued interest, if any, at the later of the time of exercise or settlement of the transaction, paid within 397 calendar days of exercise.
Demand Feature. ACKNOWLEDGMENT: The foregoing notwithstanding, Borrower acknowledges that the indebtedness, if any, arising under the Credit Facility 2 is payable upon demand by the Bank whether or not an Event of Default or Bankruptcy proceeding has occurred.
Examples of Demand Feature in a sentence
For VROs without a Demand Feature, the final maturity for purposes of this section is the stated legal maturity.
Demand Feature: My loan will be repayable on demand or when the anticipated tax refund is electronically deposited in my Refund Account with HSBC, whichever is earlier.
More Definitions of Demand Feature
Demand Feature. This note has no demand feature, but can be accelerated at the Company's option on certain events.
Demand Feature. We may demand payment, at any time, and from time to time, if our abiity to co ect amounts owed under this Agreement are materia y impaired, in our so e and abso ute discretion and whether or not a defau t has occurred. If we demand payment, then we wi acceerate your ob igation under this Agreement and initiate a debit in accordance with the "Payment Authorization Upon Defau t or Demand" paragraph beow.
Demand Feature. This obligation [ ] has a demand feature
Demand Feature. The University requires tuition be paid in full prior to graduation.