Initial Premium has the meaning set forth in Section 3.1(a).
Initial Premium. The initial premium payable by the Sponsor on behalf of the Trust to the Certificate Insurer in consideration of the delivery to the Trustee of the Certificate Insurance Policy.
Initial Premium. The Initial Premium is the premium required for coverage to become effective on the Policy Date. It is shown on the Policy Data Page.
Examples of Initial Premium in a sentence
The amount of the Initial Premium is shown on the first page of this Contract.
Your selection of Strategy and Index, if applicable, for any Additional Premium payments will be at the same Premium Allocation Percentage as your Initial Premium, unless you provide Notice to Us directing otherwise.
On the Contract Date, the Contract’s Accumulation Value equals the Initial Premium paid less any premium tax, if applicable.
More Definitions of Initial Premium
Initial Premium. The Premium amount specified as such in Section 1.
Initial Premium. The initial premium (covering one month) for Group I and Group II payable by the Seller on behalf of the Trust to the Certificate Insurer in consideration of the delivery to the Trustee of the Certificate Insurance Policies.
Initial Premium. The initial premium (covering three months) payable by the Seller on behalf of the Trust to the Note Insurer in consideration of the delivery to the Indenture Trustee of the Note Insurance Policy.
Initial Premium means the Estimated RLI Required Initial Premium as defined in the Master Agreement.
Initial Premium. The Initial Premium is the premium required for coverage to become effective on the Policy Date. It is shown on the policy data page.
Initial Premium means euros 332 million (based on the exchange rates set forth in Schedule 1.01A), as determined in accordance with the principles set forth in Section 5.01.
Initial Premium shall have the meaning set forth in the Reinsurance Agreement.