Maximum Term means with respect to an Option, the later of (i) the date which is 10 years from the date of the grant of the Option; and (ii) the date which is the fifth day following the conclusion of a self-imposed blackout period of the Corporation which is in effect on the date which is 10 years from the date of the grant of the Option;
Maximum Term means the following maximum terms of coverage:
Maximum Term has the meaning given to it in Schedule 1 to the Base Indenture.
Examples of Maximum Term in a sentence
The aggregate outstanding Term Loan Advances may be up to the Maximum Term Loan Amount.
The aggregate outstanding Term Loan Advances shall not exceed the Maximum Term Loan Amount.
If the term of your Loan or Lease is longer than the Maximum Term of Insurance, you may enrol for new insurance coverage when the Maximum Term of Insurance expires.
This means that when the Maximum Term of Insurance expires, your insurance coverage will end, and we will not pay any benefits after that time.
NOTE: Maximum Term of Insurance may be less than the term of your Loan or Lease.
More Definitions of Maximum Term
Maximum Term has the meaning specified in Section 3.1 of the HVF Lease.
Maximum Term means 75 days.
Maximum Term means 105 days.
Maximum Term for each Item of Equipment shall mean the maximum number of months, in aggregate, of the Basic Term and all Renewal Terms of such Item of Equipment, as specified in the Related Exhibit A applicable to such Item of Equipment.
Maximum Term means, with respect to the Sublease, the Original Term and all Renewal Terms through the later of (a) September 1, 2040 or (b) the date on which payment or provision for payment of the principal of, redemption premium, if any, and interest on all Outstanding Bonds is made.
Maximum Term has the meaning specified in Section 2(b).
Maximum Term means the period specified in Item 1(b) of Schedule A; {Instruction: to be deleted if Option 1 is chosen for clause 2}