Segment Maturity Date definition

Segment Maturity Date means the Segment Business Day a Segment ends. A Segment Maturity Date must occur on a Segment Business Day which is generally the 14th of the same month as the Segment Start Date in the calendar year in which the Segment Duration ends. The Segment Maturity Date will be the next Segment Business Day if the 14th is not a Segment Business Day. The Segment Maturity Date for the Segment maturing in each month and the Segment Start Date for a new Segment starting in the same month will always occur on the first two consecutive Segment Business Days, occurring after the 13th calendar day of a month.
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Segment Maturity Date means the Segment Business Day a Segment ends. A Segment Maturity Date must occur on a Segment Business Day and is shown in the Data Pages.
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Segment Maturity Date means the Business Day a Segment ends. A Segment Maturity Date must occur on a Business Day and is shown in the Data Pages.
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Examples of Segment Maturity Date in a sentence

  • If this box is not checked, please specify below the Variable Investment Options from which amounts should be transferred to supplement the unloaned GIA.Variable Investment Options to Transfer from (complete only if (ii) is not checked): Percentage (whole percentages only): % TOTAL 100 % SEGMENT MATURITY ALLOCATIONEach Segment of the Market Stabilizer Option has a Segment Maturity Date, which is approximately one year following a Segment Start Date.

  • This is an option to sell a position in the relevant Index equal to the Segment Investment on the scheduled Segment Maturity Date, at the price of the Index on the Segment Start Date decreased by a percentage equal to the Segment Buffer.

  • If you hold a Segment until its Segment Maturity Date, the Segment Return will be calculated subject to the Performance Cap Rate.

  • If you surrender or cancel your variable annuity contract, die, transfer or make a withdrawal from a Segment before the Segment Maturity Date, the Segment Buffer will not necessarily apply to the extent it would on the Segment Maturity Date, and any upside performance will be limited to a percentage lower than the Performance Cap Rate.

  • No Index Credit will be applied if the death occurs prior to a Segment Maturity Date.

  • The Index Credit on the Segment Maturity Date is equal to (a x b) where:a.

  • An Index Credit is not calculated or credited to a Segment before the Segment Maturity Date.

  • The payment of a full surrender prior to the Segment Maturity Date will result in the Guaranteed Minimum Annual Interest Rate Credited to a Maturing Segment being applied on a prorated basis to an open Segment on the date of surrender.The Surrender Value will be paid in a lump sum unless you choose a settlement option we make available.

  • The Asset Charge is calculated by multiplying the value transferred to this Indexed Account Option by a percentage, not to exceed the Guaranteed Maximum Asset Charge shown above.Index CreditsIndex Credits are calculated separately for each Segment on the Segment Maturity Date.

  • At any time during the Segment Duration, the fair value of the Out-of-the-Money Put Option represents the market value of the potential to receive an amount equal to the excess of the negative return of the index between the Segment Start Date and the Segment Maturity Date beyond the Segment Buffer, multiplied by the Segment Investment.


More Definitions of Segment Maturity Date

Segment Maturity Date refers to the business day on which each of the Indexed Account Segments matures. It is measured by the length of the applicable Segment, known as the Segment Duration (defined below.) For further details see Section 6.
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Segment Maturity Date means the Segment Business Day a Segment ends. A Segment Maturity Date must occur on a Segment Business Day.
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Related to Segment Maturity Date

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Term Maturity Date means December 30, 2021 (or, with respect to any Term Lender that has extended the maturity date of its Term Loans pursuant to Section 2.19(b), the extended maturity date set forth in the Extension Notice delivered by the Borrower and such Term Lender to the Administrative Agent pursuant to Section 2.19(b)).

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Latest Maturity Date means, as of any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Term Loan or Term Commitment.

  • Scheduled Maturity Date means June 30, 2032.

  • Equipment Maturity Date is defined in Section 2.1.1.

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Class C Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Applicable Maturity Date means (a) with respect to the Revolving Loans, the Swing Line Loans and Letters of Credit, the Revolving Loan Maturity Date and (b) with respect to the Term Loan, the Term Loan Maturity Date.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Final Maturity Date means March 31, 2022.

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Initial Maturity Date means the earlier of (i) December 1, 2015 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Original Maturity Date means the date on which the bond reaches the end of the term for which it was initially offered and, unless further extended, ceases to earn interest.

  • Extended Maturity Date shall have the meaning set forth in Section 2.5(c) hereof.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

  • Swingline Maturity Date means, with respect to any Swingline Loan, the date that is five Business Days prior to the Maturity Date.

  • Legal Maturity Date means July 15, 2024.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Tranche A Maturity Date means August 4, 2005, or, if such day is not a Business Day, the next preceding Business Day.

  • Postponed Maturity Date means the tenth Business Day following the originally scheduled Maturity Date;

  • Stated Maturity Date is the date, as set forth on the Accumulation Fund Schedule, when the Fund Balance is originally due and payable to the Policyholder.

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.