AGGREGATE PURCHASE PAYMENT LIMIT definition

AGGREGATE PURCHASE PAYMENT LIMIT. The total of all Purchase Payments made into this Contract may not exceed [$20,000,000]. Purchase Payments of greater value may be allowed with our prior approval.
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AGGREGATE PURCHASE PAYMENT LIMIT. The total of all Purchase Payments (net of Purchase Payments withdrawn) made into this Contract may not exceed $7,000,000. Purchase Payments of greater value may be allowed with our prior approval.
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AGGREGATE PURCHASE PAYMENT LIMIT. The total of all Purchase Payments (net of Purchase Payments withdrawn) made into this Contract may not exceed $7,000,000. Purchase Payments of greater value may be allowed with our prior approval. CREDIT PAYMENT: 4% of Initial Purchase Payment. CREDIT VESTING SCHEDULE: Number of Contract Anniversaries Vested Percentage Since Date of Each Purchase Payment 0 0% 1 10% 2 20% 3 30% 4 40% 5 50% 6 60% 7 100% BENEFICIARY:
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Examples of AGGREGATE PURCHASE PAYMENT LIMIT in a sentence

  • The main questions addressed here are: What are the existing farming systems, to what extent is the value chain developed and what are the challenges to its development, how do costs of production compare with benefits from Jatropha and what is the unutilized potential in the Jatropha value chain.

  • AGGREGATE PURCHASE PAYMENT LIMIT: The total of all Purchase Payments made into this Contract may not exceed $20,000,000.

  • MINIMUM SUBSEQUENT PURCHASE PAYMENT: $1,000 AGGREGATE PURCHASE PAYMENT LIMIT: The total of all Purchase Payments made into this Contract may not exceed $10,000,000.

  • MINIMUM SUBSEQUENT PURCHASE PAYMENT: [$1,000] AGGREGATE PURCHASE PAYMENT LIMIT: The total of all Purchase Payments made into this Contract may not exceed [$10,000,000].


More Definitions of AGGREGATE PURCHASE PAYMENT LIMIT

AGGREGATE PURCHASE PAYMENT LIMIT. The total of all Purchase Payments (net of Purchase Payments withdrawn) made into this Contract may not exceed $7,000,000. Purchase Payments of greater value may be allowed with our prior approval. CREDIT PAYMENT: 4% of Initial Purchase Payment.
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AGGREGATE PURCHASE PAYMENT LIMIT. The total of all Purchase Payments (net of Purchase Payments withdrawn) made into this Contract may not exceed $7,000,000. Purchase Payments of greater value may be allowed with our prior approval. CREDIT PAYMENT: The credit that we pay with respect to any Purchase Payment depends on (i) the age of the sole or older of the Owner or Joint Owner on the date on which the Purchase Payment is made and (ii) the amount of the Purchase Payment. Specifically, - If the sole Owner or the older of the Owner or Joint Owner is age 80 or younger on the date that the Purchase Payment is made, then we will add a Credit to the Purchase Payment as follows: 4% if the Purchase Payment is less than $250,000 or 5% if the Purchase Payment is greater than or equal to $250,000, but less than $1,000,000; and 6% if the Purchase Payment is greater than or equal to $1,000,000. - If the sole Owner or the older of the Owner or Joint Owner is age 81 or more at the time that the Purchase Payment is made, then we will add a Credit equal to 3% of the Purchase Payment. THE INSURANCE CHARGE WILL BE 0.10% LESS AND THE WITHDRAWAL CHARGE SCHEDULE WILL BE LESS (7%, 6%, 5%, 4%, 3%, 2%, 1%) IF THE CONTRACT DID NOT CONTAIN THE CREDIT.
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AGGREGATE PURCHASE PAYMENT LIMIT. The total of all Purchase Payments made into this Contract may not exceed [$20,000,000]. Purchase Payments of greater value may be allowed with our prior approval. CREDIT PAYMENT: 3 [4%] of Initial Purchase Payment. CREDIT VESTING SCHEDULE: Number of Contract Anniversaries Since Date of Each Purchase Payment Vested Percentage 7 0% 10% 20% 4 30% 40% 50% 60% 70% 80% 100%] BENEFICIARY: As designated by Owner at Contract Date unless changed in accordance with the Contract provisions.
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AGGREGATE PURCHASE PAYMENT LIMIT. The total of all Purchase Payments (net of Purchase Payments withdrawn) made into this Contract may not exceed $7,000,000. Purchase Payments of greater value may be allowed with our prior approval. BENEFICIARY: [Mary Doe, spouse] CONTRACT MAINTENANCE CHARGE: If your Contract Xxxxx xx less than $100,000, we will charge a Contract Maintenance Charge of the lesser of 2% of the Contract Value or $30. This charge is deducted on the Contract Anniversary and when a surrender of the Contract occurs, if the Contract Value at the time is then less than $100,000. The Contract Maintenance Charge will be deducted on a pro-rata basis from all Allocation Options to which your Contract Value is allocated. We reserve the right to raise the Contract Value amount over which we will waive the Contract Maintenance Charge. INSURANCE CHARGE: This charge depends on whether you have elected the Guaranteed Minimum Death Benefit ("GMDB") feature. This charge is deducted daily from the assets in each of the Subaccounts. If you do not elect the GMDB feature, your death benefit is equal to the base death benefit as described in the Death Benefit section of the contract. [ ] You have not elected the GMDB feature. Therefore, the daily rate is 0.00434896%, which is equivalent to an annual rate of 1.60%. [ ] You have elected the GMDB feature with the Step-Up option. Therefore, the daily rate is 0.00488777%, which is equivalent to an annual rate of 1.80%. We reserve the right to increase the Insurance Charge for the GMDB feature up to .10% for applicants age 76 or more on the date the application is signed. ALLOCATION OPTIONS:
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Related to AGGREGATE PURCHASE PAYMENT LIMIT

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • Repurchase Payment for any Repurchased Receivable as of the last day of any Collection Period, means the sum of the Principal Balance thereof as of the beginning of such Collection Period plus interest accrued thereon through the due date for the Obligor’s payment in such Collection Period at the related APR, after giving effect to the receipt of monies collected on such Repurchased Receivable, if any, during such Collection Period.

  • PURCHASE PAYMENTS [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]

  • Aggregate Payments as defined in Section 7.2.

  • Purchase Payment A payment made toward this Contract.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Aggregate Supplemental Purchase Amount with respect to this Supplemental Transfer Agreement shall be $________; provided, however, that such amount shall not exceed the amount on deposit in the Supplemental Loan Account.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Final Payment Percentage is five percent (5.00%).

  • Aggregate Noteholders’ Interest Distributable Amount With respect to any Distribution Date, the sum of (i) the Aggregate Class A Interest Distributable Amount as of such Distribution Date, (ii) the Aggregate Class B Interest Distributable Amount as of such Distribution Date, (iii) the Aggregate Class C Interest Distributable Amount as of such Distribution Date and (iv) the Aggregate Class D Interest Distributable Amount as of such Distribution Date.

  • FX Reduction Amount is defined in Section 2.1.3.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Aggregate Cap has the meaning set forth in Section 20.1A.

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Aggregate Noteholders’ Principal Distributable Amount With respect to any Distribution Date, the sum of (i) the Noteholders’ Regular Principal Distributable Amount as of such Distribution Date and (ii) the Aggregate Noteholders’ Priority Principal Distributable Amount as of such Distribution Date.

  • Maximum Aggregate Purchase Price has the meaning assigned to such term in the Pricing Side Letter.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Monthly Excess Interest Amount With respect to each Distribution Date, the amount, if any, by which the Interest Funds for such Distribution Date exceeds the aggregate amount distributed on such Distribution Date pursuant to Section 4.04(b) (other than the last clause thereof).