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Common use of Purchase Payment Clause in Contracts

Purchase Payment. An amount paid to the Company as consideration for the benefits described herein.

Appears in 4 contracts

Sources: Group Annuity Master Contract (U S Life Insurance Co in City of Ny Sep Act Usl Va-R), Annuity Contract (American General Life Insurance Co Separate Account D), Annuity Contract (Separate Account Va 1 of the American Franklin Life Ins Co)

Parent Clauses

  • ADDITIONAL DEFINITIONS
  • Purchase and Sale
  • ADDITIONAL AGREEMENTS
  • Closing
  • Deliveries by Purchaser

Sub-Clauses

  • Agreements to Sell and Purchase
  • Over-Allotment Option
  • Public Offering
  • Selling Shareholder Default
  • Underwriters’ Warrants
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