Common use of Payment on the Maturity Date Clause in Contracts

Payment on the Maturity Date. If this Global Note is not called on any Observation Date, on the Maturity Date, a Holder shall receive a cash payment per Unit equal to the Redemption Amount per Unit. The “

Appears in 13 contracts

Sources: Indenture (Merrill Lynch & Co Inc), Indenture (Merrill Lynch & Co Inc), Global Note (Merrill Lynch & Co Inc)

Payment on the Maturity Date. If this Global Note is not called on any Observation Date, on the Maturity Date, a Holder shall receive a cash payment per Unit equal to the Redemption Amount (as defined below) per Unit. The “

Appears in 1 contract

Sources: Indenture (Merrill Lynch & Co Inc)