Initial Maturity definition

Initial Maturity means the date on which the allocation plans shall be matured. The Initial maturity of NFTMP-I shall be three months, NFTMP-II shall be six months and NFTMP-III shall be twelve months. However, the Allocation Plans may be rolled over and Management Company may announce a subsequent Initial Maturity for certain period where the management company feels appropriate in the interest of unit holders. During the extended period, Unit Holders shall have the option to either remain invested in the allocation plan or exit the allocation plan. However, exit before Initial maturity/ subsequent maturities shall be subject to applicable Contingent Load. At the time of rollover, the Management Company may announce a new Subscription period through notices to existing Unitholders and by placing notice on Management Company website. During subsequent subscription periods, the Management Company shall issue units at Par value. At Maturity the amount may be transferred to Money Market Schemes managed by NBP Fund Management Limited.
Initial Maturity means life cycle of the plan.
Initial Maturity means the date on which the investment plan(s) shall be matured.

Examples of Initial Maturity in a sentence

  • THE BORROWER UNDERSTANDS THAT THIS NOTE IS NOT SELF-AMORTIZING AND THAT A SUBSTANTIAL BALLOON PAYMENT WILL BE DUE ON THE INITIAL MATURITY DATE (OR THE EXTENDED MATURITY DATE, AS APPLICABLE).

  • INITIAL MATURITY DATE: 8 FINAL MATURITY DATE: 9 EXTENSION OF MATURITY DATE: Each Note will mature on the Initial Maturity Date, unless the maturity of the Note is extended to the Final Maturity Date subject to conditions described below.

  • The Company will authorize the issue and sale of $28,642,687 aggregate principal amount of its 15% Senior Secured Notes due September 16, 2000 (the "INITIAL MATURITY DATE"), as such due date may be extended as provided in Section 1.3 hereof (the Notes delivered pursuant to Section 2 of this Agreement and the Other Agreements (as hereinafter defined) and any such Note issued in substitution therefor pursuant to Section 11 of this Agreement being, collectively, the "SECURED NOTES").

  • INITIAL MATURITY DATE: _____________ 8 FINAL MATURITY DATE: _____________ 9 EXTENSION OF MATURITY DATE: Each Note will mature on the Initial Maturity Date, which will equal the Final Maturity Date, and such date will not be extended.

  • INITIAL MATURITY DATE: 8 FINAL MATURITY DATE: 9 EXTENSION OF MATURITY DATE: Each Note will mature on the Initial Maturity Date, which will equal the Final Maturity Date, and such date will not be extended.


More Definitions of Initial Maturity

Initial Maturity means twenty four (24) months from the commencement of the life Alfalah Islamic Capital Preservation Plan -6.
Initial Maturity means twenty four (24) months from the commencement of the Life of the Fund.
Initial Maturity means twenty four (24) months from the commencement of the Life of NAFA Islamic Active Allocation Plan –I, and as mentioned in supplemental Offering Documents for additional Allocation Plans.
Initial Maturity means twenty four (24) months from the commencement of the life Alfalah GHP Islamic Moderate Allocation Plan, Alfalah GHP Islamic Active Allocation Plan -2, Alfalah GHP Islamic Active Allocation Plan -3, Alfalah Islamic Capital Preservation Plan -4 and Alfalah Islamic Capital Preservation Plan -5.
Initial Maturity means thirty months (2.5 years) from the commencement of the life Atlas Islamic Atlas Islamic Capital Preservation Plan.
Initial Maturity. DATE shall mean November 9, 2004.
Initial Maturity. Date shall mean September 9, 2006.