Extended Maturity definition

Extended Maturity means, as applicable, an election by the Requisite Holders on or prior to January [ ], 2021 to extend the Maturity Date to January [ ], 2022 or an election by the Requisite Holders on or prior to January [ ], 2022 to extend the Maturity to January [ ], 2023.
Extended Maturity means the circumstance existing if the Company has not consummated a Qualified Financing prior to September 10, 2008.
Extended Maturity means, as applicable, an election by the Requisite Holders on or prior to January 16, 2021 to extend the Maturity Date to January 16, 2022 or an election by the Requisite Holders on or prior to January 16, 2022 to extend the Maturity to January 16, 2023.

Examples of Extended Maturity in a sentence

  • However, so long as (i) the Initial Maturity Date has not occurred prior to the Scheduled Initial Maturity Date, and (ii) no Event of Default or event or circumstance which, with the giving of notice or passage of time or both, could constitute an Event of Default exists on the Scheduled Initial Maturity Date, then the Extension Period automatically will become effective and the date for full payment of the Indebtedness automatically shall be extended until the Extended Maturity Date.

  • All references in this Agreement and in the other Loan Documents to the Maturity Date shall mean the applicable Extended Maturity Date in the event the applicable Extension Option is exercised.

  • In the event Mezzanine Borrower shall have exercised the Second Extension Option, Mezzanine Borrower shall have the option (the Third Extension Option), by irrevocable written notice (the Third Extension Notice) delivered to Mezzanine Lender no later than thirty (30) days prior to the Second Extended Maturity Date, to extend the Second Extended Maturity Date to November 12, 2012 (the Third Extended Maturity Date).

  • Subject to the provisions of this Section 5, Mezzanine Borrower shall have the option (the First Extension Option), by irrevocable written notice (the First Extension Notice) delivered to Mezzanine Lender no later than thirty (30) days prior to the Initial Maturity Date, to extend the Maturity Date to November 11, 2010 (the First Extended Maturity Date).

  • In the event Mezzanine Borrower shall have exercised the First Extension Option, Mezzanine Borrower shall have the option (the Second Extension Option), by irrevocable written notice (the Second Extension Notice) delivered to Mezzanine Lender no later than thirty (30) days prior to the First Extended Maturity Date, to extend the First Extended Maturity Date to November 10, 2011 (the Second Extended Maturity Date).

  • Notwithstanding the foregoing, if the Loan shall be a DPO Mezzanine Loan (under and as defined in the Note Sales Agreement) on the Initial Maturity Date, then to the extent that the Mortgage Loan and the Other Mezzanine Loans that are not DPO Mezzanine Loans are being extended, the Maturity Date of the Loan shall be automatically extended until the First Extended Maturity Date on such Initial Maturity Date without the taking of any action by any Person.

  • Only Extending Lenders will have their Loans and/or Commitments converted into Extended Maturity Loans and/or Extended Maturity Commitments and, at the Borrower’s discretion, only Extending Lenders will be entitled to any increase in pricing or fees in connection with the Extension Amendment.

  • All references in this Agreement and in the other Loan Documents to the Floating Rate Component Maturity Date shall mean the Floating Rate Component Extended Maturity Date in the event the applicable Floating Rate Component Extension Option is exercised.

  • In the event that the aggregate amount of Loans and/or Commitments under the Existing Class subject to Extension Elections exceeds the Extension Maximum Amount, then each Lender’s amount of consented Loans and/or Commitments subject to an Extension Election shall be reduced on a pro rata basis such that the total amount of Extended Maturity Loans and/or Extended Maturity Commitments shall be the Extension Maximum Amount.

  • In the event that the aggregate amount of Loans and/or Commitments under the Existing Class subject to Extension Elections exceeds the Extension Maximum Amount, then each Extending Lender’s amount of consented Loans and/or Commitments subject to an Extension Election shall be reduced on a pro rata basis such that the total amount of Extended Maturity Loans and/or Extended Maturity Commitments shall equal the Extension Maximum Amount.


More Definitions of Extended Maturity

Extended Maturity is specified as applicable in the applicable Final Terms and the Bank fails to redeem all of the Notes in full on the Maturity Date or within two Business Days thereafter, the maturity of the Notes and the date on which the Notes will be due and repayable for the purposes of these Terms and Conditions will be automatically extended up to but no later than the Extended Maturity Date, subject as otherwise provided in the applicable Final Terms. In that event, the Bank may redeem all or any part of the nominal amount outstanding of the Notes on an Interest Payment Date falling in any month after the Maturity Date up to and including the Extended Maturity Date or as otherwise provided in the applicable Final Terms. The Bank shall give notice to the Noteholders (in accordance with Condition 13) and the Paying Agents of (a) any decision to so extend the maturity of the Notes, in whole or in part, as soon as practicable after any such decision is made and (b) its intention to redeem all or any of the nominal amount outstanding of the Notes in full at least three Business Days, in the case of notice to the Noteholders and five Business Days, in the case of notice to the Paying Agents, prior to (i) the Maturity Date, where practicable for the Bank to do so and otherwise as soon as practicable after the relevant decision to redeem the Notes (if any) is made or, as applicable
Extended Maturity. Rider The Reinsurer will be on the risk for attained ages past 100, and the Ceding Company will pay premiums as long as the Reinsurer is on the risk. Guaranteed Insurability Rider Reinsurance premiums will be based on the Ceding Company's premiums for the Guaranteed Insurability Rider times [*] in the first year and [*] in renewal years. Coverage added will use the same rates as the base coverage on a point-in-scale basis from the original point of underwriting. Insurance Exchange Rider Same rates as base coverage, assuming full underwriting for the new insured. Scheduled Increase Rider Coverage added will use the same rates as the base coverage on a point-in-scale basis from the original point of underwriting. (019)11220-01-00 ▇ 02/16/11 Term Insurance Rider Same premium basis as base coverage. When the riders are renewed, the reinsurance premiums will be point-in-scale rates from the original point of underwriting. Total Disability Rider The Reinsurer will receive its share of Total Disability Rider premiums for excess amounts over retention as reinsurance premiums for covering this benefit. Reinsurance allowances will be [*] of the Ceding Company's premiums in the first policy year and [*] in renewal years. Supplemental Coverage Rider Same premium basis as base coverage. (019)11220-01-00 ▇ 02/16/11 Reinsurer Agreement No. 11220-00-00 AUTOMATIC/FACULTATIVE YRT REINSURANCE AGREEMENT (hereinafter referred to as the "Agreement") Between AMERITAS LIFE INSURANCE CORP. Lincoln, Nebraska (hereinafter referred to as the "Ceding Company") and RGA REINSURANCE COMPANY Chesterfield, Missouri (hereinafter referred to as the "Reinsurer") EFFECTIVE: June 1, 2008 (019)11220-00-00 2/16/2011 TABLE OF CONTENTS -----------------
Extended Maturity means an extension of the Maturity Date under Section 6 (Extended Maturity) and as stated in the Pricing Supplement.
Extended Maturity means the circumstance existing if the Company has not consummated a Qualified Financing within 6 months following the issuance of this Promissory Note.
Extended Maturity. Date as defined in Section 2.2. Extended Term shall mean the First Extended Term or the Second Extended Term, as applicable. Extension Term as defined in Section 2.6.
Extended Maturity. With respect to any Policy having an Expected Maturity of less than 19 months from the date of acquisition from the Owner, the date occurring the number of months after the Expected Maturity equal to 23.25% of the number of months occurring from the date of acquisition from the Owner, to the Expected Maturity of the related Policy. With respect to any Policy having an Expected Maturity of 19 months or more from the date of acquisition from the Owner, the date occurring the number of months after the Expected Maturity equal to 87.5% of the number of months occurring from the date of acquisition from the Owner to the Expected Maturity of such Policy.

Related to Extended Maturity