Maturity Amount definition

Maturity Amount means the amount due at maturity with respect to a Capital Appreciation Bond.

Maturity Amount means, with respect to a Capital Appreciation Bond, the principal and interest due and payable at the stated maturity of that Capital Appreciation Bond.

Maturity Amount means, with respect to a Capital Appreciation Bond, the principal of and interest on that Bond due and payable at its stated maturity.

Examples of Maturity Amount in a sentence

• Moneys held for the credit of a Series Reserve Account shall be used for the purpose of paying interest or principal or Amortization Installment or Maturity Amount on the Bonds of the related Series whenever amounts on deposit in the Series Debt Service Account shall be insufficient for such purpose.

• Any payment of principal, Maturity Amount or Redemption Price shall be made only upon presentation of the Bond at the designated corporate trust office of the Paying Agent.

• Our Company shall not be responsible for any delay to the Bondholder receiving credit of interest or refund or Maturity Amount so long as our Company has initiated the process in time.

• In the absence of transfer being registered, interest and/or Maturity Amount, as the case may be, will be paid to the person, whose name appears first in the Register of Bondholders maintained by the Depositories and /or our Company and/or the Registrar to the Issue, as the case may be.

• No action will ordinarily be required on the part of the Bondholder at the time of redemption, and the Maturity Amount will be paid to those Bondholders whose names appear in the Register of Bondholders maintained by our Company on the Record Date fixed for the purpose of redemption without there being a requirement for the surrender of the physical Consolidated Bond Certificate(s).

More Definitions of Maturity Amount

Maturity Amount means, with respect to a Capital Appreciation Bond, the principal and interest due and payable on its stated maturity date.

Maturity Amount means the Compounded Amount of a Capital Appreciation Bond due on its Maturity.

Maturity Amount means, with respect to Capital Appreciation Bonds, the original principal amount thereof plus the initial premium, if any, paid therefor, plus interest accreted and compounded thereon, as set forth herein and in the Pricing Certificate, and payable at Maturity.

Maturity Amount means the Accreted Value of any Capital Appreciation Bond on its maturity date.

Maturity Amount means the balance in your Account including interest due to you on the Maturity Date;

Maturity Amount means, (i) with respect to a Capital Appreciation Bond, the Final Compounded Amount thereof, and (ii) with respect to a Current Interest Bond, the stated principal amount thereof.

Maturity Amount means the initial death benefit if the death benefit is level over the lifetime of the policy except for the existence of a minimum death benefit corridor, or means the specific amount if the death benefit equals a specified amount plus the policy value or cash surrender value except for the existence of a minimum death benefit corridor.