Premium Payment Date definition

Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.
Premium Payment Date means each date so specified in the relevant Pricing Supplement.
Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed at the time the Option is entered into, as evidenced in an Advice;

Examples of Premium Payment Date in a sentence

  • Such premium shall be payable in respect of each Security on its outstanding nominal amount from the Premium Commencement Date either (i) at the rate per annum (expressed as a percentage) equal to the Rate of Premium or (ii) in an amount equal to a fixed Premium Amount, such premium being payable in arrear on each Premium Payment Date.

  • Where any Interest Payment Date or Premium Payment Date is subject to adjustment pursuant to General Note Condition 4(c)(ii), the Interest Amounts and the Interest Payment Date or Premium Amount and Premium Payment Date so published may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without notice in the event of an extension or shortening of the Interest Period or Premium Period.

  • Such Claim Refund shall be paid within ten (10) Business Days following such Premium Payment Date by immediately available funds transmitted by means of the U.S. Fedwire funds service to the Insurer from the Insured in accordance with wiring instructions provided by the Insurer to the Insured.

  • The Preliminary Tranche Write-up Amount for each Premium Payment Date will be computed prior to the allocation of the Modification Loss Amount and the Modification Gain Amount.

  • The Premium payable upon issuance of this Policy and payable upon each Premium Payment Date is non-refundable.


More Definitions of Premium Payment Date

Premium Payment Date means each Premium Payment Date specified in the applicable Final Terms.
Premium Payment Date means the twenty-fifth (25th) day of each calendar month (or, if such day is not a Business Day, the following Business Day), commencing in October 2020.
Premium Payment Date means the date that is one (1) clear Business Day after the date that an Option Contract is entered into.
Premium Payment Date means each date so specified in the relevant Final Terms.
Premium Payment Date means the date of payment of the Premium Payment Amount specified in the applicable Final Terms;
Premium Payment Date means the twenty-fifth (25th) day of each calendar month (or, if such day is not a Business Day, on the next Business Day) commencing in the date set forth in Article VI(D)(5).
Premium Payment Date means, with respect to Government employees, the date the premium is deducted by the Government from the Principal Insured Person’s salary. In respect of a debit order deduction, Premium Payment Date means the date the deduction is made from the premium payer’s bank account.