ATTRIBUTABLE PREMIUM Sample Clauses

ATTRIBUTABLE PREMIUM. For purposes of the Contingent Deferred Sales Charge, the premium attributable to an increase in Face Amount is equal to (1) multiplied by (2 + 3) where: 1) Is the ratio of the increase in Face Amount to the total Face Amount including that increase; 2) Is the Cash Surrender Value on the effective date of the increase; and 3) Is premiums paid during the Increase Year which begins on the effective date of the increase. ============================================================================ 8. LOANS ============================================================================