Encashment Value definition

Encashment Value means the Contribution Amount plus the Registered Holder’s share of Total Profits or the Contribution Amount less the
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Encashment Value means the Policy Value less the Encashment fee, if any, and the accumulated charges and other fees of the Policy
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Encashment Value means the bid value of all the Account Units on the next Valuation Day, subject to the provisions set out in Clause 3.4.
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Examples of Encashment Value in a sentence

  • No interest is payable in respect of Encashment Value whatsoever.

  • If we receive such written notice from you, we will pay you the Encashment Value of the Plan by selling all Account Units under the Plan at the next Valuation Date after deducting any charges applicable in respect of the Plan and amounts owing to us.

  • FPM is exclusively responsible for payment of profits, Encashment Value, Redemption Purchase Price and the Redemption Sale Price and the same is not guaranteed in any manner by the Government of Pakistan or Securities and Exchange Commission of Pakistan or by any other person.

  • Encashment Value The value of the Policy reduced by any Early Withdrawal Charge and any other charge relating to the Policy at the Valuation Date.

  • If we receive such written notice from you, we will pay you the Encashment Value of the Plan by selling all units in Plan Account under the Plan at the next Valuation Date after deducting any charges applicable in respect of the Plan and amounts owing to us.

  • The amount payable will be the Encashment Value after all the units are cancelled subject to Term 12.4.1. below.


More Definitions of Encashment Value

Encashment Value. : means the Policy Value less the Early Encashment Charge, if any.
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Encashment Value means the bid value of all the Account Units on the next available Valuation Day, subject to the provisions set out in Clause 4.2. endorsement means a supplemental deed to be entered into between you and Metis from time to time for the purpose of making any amendments made to the terms of the Trust Plan. Exit Charge shall have the meaning ascribed to it in Clause 7.3
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