Maturity Date Extension definition

Maturity Date Extension has the meaning specified in Section 2.14(a).

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Maturity Date Extension is defined in Section 2.02(a).

Maturity Date Extension has the meaning assigned to such term in Section 2.21(a).

Examples of Maturity Date Extension in a sentence

The decision to agree or withhold agreement to any Maturity Date Extension Request shall be at the sole discretion of each Lender.
If Lenders constituting the Required Lenders shall have agreed to a Maturity Date Extension Request, then the Maturity Date shall, as to the Consenting Lenders, be extended to the first anniversary of the Maturity Date theretofore in effect.
Maturity Date Extension Rider: When the policyholder reaches the maturity date and has elected this rider, the death benefit is dropped to the account value, no more monthly deductions are taken, interest is credited, no further premiums are accepted, policy loans continue to accrue interest, and all other riders are terminated.
Notwithstanding the foregoing provisions of this paragraph, the Borrower shall have the right, pursuant to Section 9.04, at any time prior to the Existing Maturity Date, to replace a Declining Lender with a Lender or other financial institution that will agree to a Maturity Date Extension Request, and any such replacement Lender shall for all purposes constitute a Consenting Lender.
Each Lender shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day after the date of the Agent’s receipt of the Borrower’s Maturity Date Extension Request, advise the Borrower whether or not it agrees to the requested extension (each Lender agreeing to a requested extension being called a “Consenting Lender” and each Lender declining to agree to a requested extension being called a “Declining Lender”).

More Definitions of Maturity Date Extension

Maturity Date Extension. If the Insured is alive on the original Maturity Date of the policy, you may extend the Maturity Date. Unless you elect otherwise, the Maturity Date will be extended until the date the Insured dies and the following will apply:

Maturity Date Extension has the meaning set forth in Section 2.3(g).

Maturity Date Extension has the meaning ascribed thereto in Section 2.5.

Maturity Date Extension means, for the purposes of determining the settlement values of this OPERATION, that the value will be determined on the first Business Day following the day on which the Price Source Interruption ceases to exist, unless the Price Source Interruption continues to exist for a consecutive number of calendar days equal to the Maximum Extension Days Quantity. In this case, calculations and determinations by the Calculation Agent will be carried out on the next Business Day after the “Maximum Extension Number of Days.”

Maturity Date Extension shall have the meaning set forth in the definition of Maturity Date.

Maturity Date Extension. As defined in Section 7.3(b)(i).

Maturity Date Extension means, if the Collateral has not redeemed in full in accordance with its terms and conditions, on the Scheduled Maturity Date, the Notes will remain outstanding until the earlier of (a) the date on which all of the Collateral has been redeemed in full and (b) the Final Maturity Date.