Payment at Maturity definition
Examples of Payment at Maturity in a sentence
Payment at Maturity: Upon presentation of each Certificated Note at Stated Maturity or upon redemption, the Trustee (or any duly appointed paying agent) will pay the principal amount thereof, together with accrued interest.
Payment at Maturity On or about the first Business Day of each month, the Paying Agent will deliver to the Company and DTC a written list of principal and interest to be paid on each Global Security maturing in the following month (excluding principal on a Book-Entry Note where the Company has exercised its option to extend the Stated Maturity).
The Payment at Maturity as described herein will be subject to JPMorgan Chase & Co. default risk.
Payment at Maturity Upon presentation of each Certificated Note at Maturity, the Trustee (or a duly authorized Paying Agent) will pay the principal amount thereof, together with accrued interest due at Maturity.
Date and Denomination of Securities; Payment at Maturity; Payment of Interest; Contingent Interest 13 Section 2.04.