Off Pmt Val Delay

Key Off Pmt Val Delay in Contingent Claim refers to an optional time interval that becomes relevant only if the trigger function Trigger Fn evaluates to FALSE during a particular simulation run.
Apart from the fact that the entry here applies on the absence of a triggered event, in all other respects it works just like the equivalent entry On Pmt Val Delay.
For more details look at the description of the latter.