Maturity Payment definition

Maturity Payment has the meaning specified in the Declaration.

Maturity Payment has the meaning specified in Section 402.

Maturity Payment. Holders of the ELKS will be entitled to receive at maturity the Maturity Payment (as defined in the Prospectus Supplement dated September 24, 2001 relating to the Securities) Interest Payment Dates: April 2, 2002 and October 2, 2002 Regular Record Dates: April 1, 2002 and October 1, 2002 Initial Price To Public: 100% of the principal amount thereof, plus accrued interest from September 27, 2001 to date of payment and delivery Redemption Provisions: The Securities are not redeemable by the Company prior to maturity.

Examples of Maturity Payment in a sentence

• No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Company to pay the Maturity Payment with respect to this Note, and to pay any interest on any overdue amount thereof at the time, place and rate, and in the coin or currency, herein prescribed.

• In such case, the amount declared due and payable upon any acceleration permitted by the Indenture will be determined by the calculation agent and will be equal to, with respect to this Note, the Maturity Payment calculated as though the Stated Maturity Date of this Note were the date of early repayment.

• This Security is not entitled to any sinking fund.AccelerationIf an Event of Default, as defined in the Indenture, with respect to this Security shall occur and be continuing, the Maturity Payment Amount (calculated as set forth in the next sentence) of this Security may be declared due and payable in the manner and with the effect provided in the Indenture.

• The amount payable to the Holder hereof upon any acceleration permitted under the Indenture will be equal to the Maturity Payment Amount hereof calculated as provided herein, plus a portion of a final Contingent Coupon Payment, if any.

• The Maturity Payment Amount and any final Contingent Coupon Payment will be calculated as though the date of acceleration were the Final Calculation Day.

More Definitions of Maturity Payment

Maturity Payment means a payment of an amount equal to the amount by which (x) the sum of the amount payable to the Company under the Policy upon maturity thereof, the amount of any Unanticipated Indebtedness existing on at such time and the amount of Unanticipated Withdrawals made prior to such time, exceeds (y) the aggregate amount of Premiums paid by the Company on or before such time (or due and owing on at such time).

Maturity Payment. Holders of the Notes will receive at maturity, for each $10 principal amount of Notes such holders hold, a payment equal to the sum of $10 and an interest distribution amount (as described in the Prospectus Supplement dated April 26, 2004 relating to the Notes).

Maturity Payment means the amount per Note to which Holders are entitled at maturity based on the performance of the Reference Portfolio and calculated as described under “Description of the Notes – Maturity Payment”.

Maturity Payment means the nominal value of each Certificate of Deposit as set forth in the body of the given Certificate of Deposit.

Maturity Payment means an amount equal to (i) $13.73 minus (ii) (A) the volume weighted average price of the Shares (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source selected by the Company) measured over the Maturity Valuation Period multiplied by (B) 0.743.

Maturity Payment means the nominal value of each Bond as set forth in these Terms and Conditions.

Maturity Payment means the sum of the Semi-Annual Distribution due on the Maturity Date and the Maturity Distribution.