Forfeiture charge definition

Forfeiture charge means the initiating document for the forfeiture procedure.

Examples of Forfeiture charge in a sentence

  • Forfeiture charge of 50 percent will be imposed in all instances when direct- entry FMTs fail to achieve the prerequisite ECL on the CONUS course entry ECL test, and when failure results in rescheduling or cancellation of the direct-entry training due to a language deficiency.

  • A Forfeiture charge is applied to the value to cover any administration costs that would have been paid by you had your policy been allowed to reach Maturity.

Related to Forfeiture charge

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Societal benefits charge means a charge imposed by an electric

  • Disposable earnings means that part of the earnings of an

  • Infrastructure Charge means a Water Infrastructure Charge or a Sewerage Infrastructure Charge;

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Deferred Sales Charge means the "deferred sales fee" as described in the Prospectus.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Retained Earnings means the retained earnings of an FHLBank calculated pursuant to GAAP.