Certificate Term definition

Certificate Term. This insurance begins on the date shown on the Safestor Addendum to Storage Contract and payment of the monthly premium. This Certificate remains effective until the termination of the “Rental Storage Contract” or on the first day of the month the “Certificate Holder” fails to pay the monthly premium in full for this insurance or when the Master Policy is cancelled. When storing within a mobile storage container, coverage begins upon pickup from the originating location or driveway as described in the “Rental Storage Contract”. Coverage under this Certificate of Insurance (“Certificate”) ceases upon removal of Property Insured from the premises described under any Certificate or “Rental Storage Contract” issued, or upon delivery of the Portable Storage Container. Any violation of the “Rental Storage Contract” of the “Storage Facility” by the “Certificate Holder” or their legal representatives shall void coverage under this Certificate. Definitions:
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Examples of Certificate Term in a sentence

  • Once this limit is reached, Our obligations will be considered fulfilled entirely and coverage under this Certificate will end; regardless of any remaining time under the current Certificate Term.

  • To do so you must provide certified copies of education certificates i.e. National Senior Certificate, Term Results and Identity Document/Passport.

  • Certificate Term The Certificates are issued at incepting after the effective date of the Master Policy.

  • If the certificate renews at maturity, your certificate will renew for a new term based on the following: Current Certificate Term Rollover Certificate New Term Business Certificate Held Business Certificate Held for Letter of Credit for Letter of Credit If the certificate renews at maturity and you do not withdraw the dividends, the dividends will become part of the principal for the renewed certificate.

  • Please consult with our representative for Initial Sum Covered and Takaful Certificate Term Note:Reducing Sum CoveredThe Reducing Sum Covered amount is reduced in accordance with the pre-determined Sum Covered schedule calculated based on the Initial Sum Covered, the Takaful Profit Rate and Takaful Certificate Term.

  • Account TypeAll of the terms, conditions, form of account ownership, account selection and other information indicated herein apply to all of the accounts listed unless the Credit Union is notified in writing of a change.Share/Savings Account Share Draft/Checking Account Christmas Account Vacation Account Prime Savers Club (Teens 13 – 17) Chipmunk Club (children 0 – 12) Share Certificate Term Mos.

  • This rate will not decrease or increase during the Certificate Term, regardless of whether your Household Balance changes during that same period.

  • Compliance Certificate Term Limits.(a) A compliance certificate obtained as a result of a full building sewer replacement shall be valid for 30 years from the approval date indicated on the sewer repair permit.

  • RATE CHART Product Name Interest Rate Annual Percentage Yield Fixed Rate Certificate Term: Daily balances of $10.00 or more % % PLEASE SEE THE ATTACHED RATE SHEET FOR RATE INFORMATION.

  • Certificate Term: The first term of this certificate starts on the Effective Date in the Certificate Schedule.

Related to Certificate Term

  • Certificate No 2-A-4-[__] Cut-off Date: October 1, 2002 First Distribution Date: November 25, 2002 Last Scheduled Distribution Date: December 25, 2032 Pass-Through Rate: 6.000% Initial Certificate Principal Balance of this Certificate $[______] ("Denomination"): Initial Certificate Principal Balances of all Certificates $34,902,000 of this Class: CUSIP: 55265K MH 9 MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC. MASTR ASSET SECURITIZATION TRUST 2002-7 Mortgage Pass-Through Certificates, Series 2002-7 Class 2-A-4 evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of three pools of conventional mortgage loans (the "Mortgage Loans") secured by first liens on one- to four-family residential properties Mortgage Asset Securitization Transactions, Inc., as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance at any time may be less than the Certificate Principal Balance as set forth herein. This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicer or the Trustee referred to below or any of their respective affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality. This certifies that _______________ is the registered owner of the Percentage Interest evidenced by this Certificate in certain monthly distributions with respect to a Trust Fund consisting primarily of the Mortgage Loans deposited by Mortgage Asset Securitization Transactions, Inc. (the "Depositor"). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as of the Cut-off Date specified above (the "Agreement") among the Depositor, UBS Warburg Real Estate Securities Inc., as transferor (the "Transferor"), Wells Fargo Bank Minnesota, N.A., as master servicer (the "Servicer"), xxx Xachovia Bank, National Association, as trustee (the "Trustee"). Distributions on this Certificate will be made primarily from collections on the Mortgage Loans in Loan Group 2 pursuant to the terms of the Agreement. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

  • Certificate Principal Balance With respect to each Certificate (other than any Interest Only Certificate), on any date of determination, an amount equal to:

  • Initial Certificate Principal Balance With respect to each Class of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as set forth in the Series Supplement.

  • Certificate Principal means principal payable in respect of the Investor Certificates of any Series pursuant to Article IV of this Agreement.

  • Certificate Notional Balance With respect to each Certificate of Class X and any date of determination, the product of (i) the Class Certificate Notional Balance of such Class and (ii) the applicable Percentage Interest of such Certificate.

  • Certificate Group Each of the Group 1 Certificates and the Group 2 Certificates.

  • Certificate Rate means 0.00% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

  • Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.

  • Certificate Interest Rate With respect to each Class of Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.

  • Class Certificate Principal Balance As to any Class of Certificates, other than any Class of Notional Certificates, and as of any date of determination, the aggregate of the Certificate Principal Balances of all Certificates of such Class. The Class Certificate Principal Balance of each such Class of Certificates as of the Closing Date is specified in Section 5.01(b).

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Original Certificate Balance means $38,461,539.71.

  • Original Class Certificate Principal Balance With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.

  • Certificate form means the form on which the certificate is delivered or issued for delivery by the issuer.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Certificate Percentage Interest means, with respect to a Certificate, the percentage specified on such Certificate as the Certificate Percentage Interest, which percentage represents the beneficial interest of such Certificate in the Trust. The initial Certificate Percentage Interest held by the Depositor shall be 100%.

  • Initial Certificate Balance means $[ ].

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.