Option D definition

Option D means early levelized Capacity Payments as described in Appendix D.
Option D. BENEFITS FOR A Interest will be credited to the unpaid balance SPECIFIED AMOUNT and we will make payments until the unpaid balance is gone. We will credit interest at a rate we determine each year, but not less than 3%. We will make payments annually, semi-annually, quarterly, or monthly, whichever is preferred. The benefit level chosen must provide for an annual benefit of at least 8% of the amount applied.
Option D. The Beneficiary may elect to defer the lump sum payment of the death benefit proceeds for up to five years from the date of the Owner’s death. The entire interest in the contract will be distributed as a lump sum within the five-year period specified under applicable laws and regulations, commencing with the date of Owner’s death, unless option A, B, or C is elected within 60 days of the date we receive Proof Of Death.

Examples of Option D in a sentence

  • Option D (No Setoff) If Option D is specified as applicable in the Cover Sheet, then no setoff provisions shall apply.

  • Option D In accordance with the terms of the original Agreement between the State of Colorado, Department of Transportation and the Local Agency, the State hereby exercises the option extend the performance of this Agreement and/or update a Work Phase Performance Period.

  • Age Post-65 retirees covered under Option D who have spouses either under or over the age of 65 and/or eligible, covered dependents may elect double or family coverage, as appropriate, under Option D.

  • Age Post-65 retirees electing single coverage under Option D will be responsible for paying the difference between the monthly premium cost for single coverage of the most expensive plan among Options A, B and C and the monthly premium cost of Option D.

  • Age Post-65 retirees electing double or family coverage under Option D will be responsible for paying the difference between 50% of the monthly premium cost of the most expensive plan among Options A, B and C and the monthly premium cost of Option D.


More Definitions of Option D

Option D. The Credit Support Document(s) apply to all Emissions Transactions except those Emissions Transactions set forth in Schedule 2 as amended from time to time. If none of the above options is selected, Option A applies.
Option D. Savings are determined through simulation of the energy use of the whole facility, or of a sub-facility. Simulation routines are demonstrated to adequately model actual energy performance in the facility. This option requires considerable skill in calibrated simulation.
Option D. The member joins on a month-to-month basis at a fee of R490 per month which is payable in advance. Payment on day of each month CONDITIONS
Option D is a verification technique where calibrated simulations of the baseline energy use and/or calibrated simulations of the post-installation energy consumption are used to measure Savings from the Energy Conservation Measures. Option D can involve measurements of energy use both before and after the Retrofit for specific equipment or energy end use as needed to calibrate the simulation program. Periodic inspections of the equipment may also be warranted. Energy consumption is calculated by developing calibrated hourly simulation models of whole-building energy use, or equipment sub-systems in the baseline mode and in the post-installation mode and comparing the simulated annual differences for either an average year or for conditions that correspond to the specific year during either the baseline or post-installation period.
Option D. Notwithstanding anything to the contrary in the Schedule, payments with respect to both Gas Transactions and Power Transactions (as defined separately in the Schedule) will be netted and payable on or before the later of the 25th Day of Month following Month of delivery or 10 Days after receipt of the invoice by Buyer (provided that if the Payment Date is not a Local Business Day, payment is due on the next Local Business Day following that date). If none of the above options is selected, Option A shall apply.
Option D has the meaning given to it in Clause 10.1(a)(iv); “Option Consideration” means the relevant consideration payable by the Purchaser to the First Seller in accordance with and under Clause 10.2(a) pursuant to the exercise by the First Seller of an Option under a Relevant Option;
Option D. Payment of the death benefit within five (5) years of the date of the owner's death.