PREMIUM WAIVER. If the Policy contains a premium waiver provision, any such waived amounts shall be considered for all purposes of this Agreement as having been paid by the Bank.
PREMIUM WAIVER. If the Policy contains a premium waiver provision, any premium waived shall be considered for all purposes of this Agreement as having been paid by Owner.
PREMIUM WAIVER. There is no right to premium waiver under the insurance.
PREMIUM WAIVER. If the Policy contains a disability waiver of premium provision or waiver of monthly deduction, any waived amounts shall be considered for all purposes of this Agreement as having been paid by the Employee and all provisions herein relating to Policy cash values and death proceeds shall be construed accordingly should such premium waiver become effective.
PREMIUM WAIVER. If subject policy contains a disability waiver of premium provision or waiver of monthly deduction, any waived amounts shall be considered for all purpose of this agreement as having been paid by Owner.
PREMIUM WAIVER. If the Policy contains a premium disability waiver provision, any premium waiver shall be considered for purposes of this Agreement as having been paid by the Policyowner.
PREMIUM WAIVER. If the Policy contains a premium waiver provision, any such waived amounts shall be considered for all purposes of this Agreement as having been paid by the Company. Mountain Bank Holding Company Split Dollar Agreement
PREMIUM WAIVER. If the policy contains a premium waiver provision or waiver of monthly deduction, such waived amounts shall be considered for all purposes of this Agreement as having been paid by Insured (or his assignee).
PREMIUM WAIVER. If the policy contains a premium waiver provision, such waived amounts shall be. considered for all purposes of this Aunt as having been paid by the Bank.
PREMIUM WAIVER. Premium waiver is granted in respect of the time that the period of sickness lasts after the applicable qualifying period and in proportion to the level of impairment to work capacity. If work capacity is reduced by at least 25 per cent, the insurance provides entitlement to premium waiver for as long as the work disablement lasts, though at most to the agreed retirement age, in respect of the premium agreed and actually paid for the Long term disability insurance - PlanSjuk, the Premium waiver insurance and the Survivor’s pension insurance. In case of Premium waiver insurance, the premium waiver is granted during the agreed payment of premium period applicable for the underlying pension insurance, at the longest.
