Initial Credits definition

Initial Credits means the Class A Initial Credit and the Class B Initial Credit.
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Initial Credits has the meaning given in Section 3.1.
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Examples of Initial Credits in a sentence

  • Maximum Guaranteed Death Benefit The Maximum Guaranteed Death Benefit is equal to three times premium paid plus Initial Credits, reduced by the amount of any Partial Withdrawal Adjustments.

  • Adjusted Premium for non-Special Funds shall mean all premium, plus any Initial Credits, allocated to non-Special Funds, plus an adjustment for any amounts transferred to non-Special Funds, less a prorata adjustment for any amounts transferred or withdrawn from non-Special Funds.

  • The Maximum Guaranteed Death Benefit is equal to three times premium paid plus Initial Credits, reduced by the amount of any Partial Withdrawal Adjustments.

  • Initial Credits are amounts added as a result of the first premium paid (or paid within a defined period).

  • After Wingfoot satisfies its Initial Contribution pursuant to Section 9.1.A (Deposit Due), Wingfoot may request the issuance to it of up to Twelve Thousand One Hundred Twenty One (12,121) Raw Water Credits (inclusive of the Initial Credits and the Escrowed Credits) at any time prior to the date which is ten (10) years after the Closing Date.

  • Adjusted Premium for non-Special Funds shall mean all premium, plus any Initial Credits, allocated to non-Special Funds, plus an adjustment for any amounts transferred to non-Special Funds, less a prorata adjustment for any amounts h▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇/e▇▇▇▇/data/836687/000083727601500345/indivcontract.txt 11/18/2016 transferred or withdrawn from non-Special Funds.

  • The Title Company shall record and/or distribute the Closing Documents and shall hold, in escrow, the Certificates evidencing Wingfoot’s ownership of the Initial Credits until Wingfoot has satisfied its Initial Contribution obligation.

Related to Initial Credits

  • 9% Credits means Federal Credit allocated on a competitive basis under the provisions of this Plan.

  • Universal Credit means any payment of Universal Credit payable under the Welfare Reform Act 2012, the Universal Credit Regulations 2013, The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013, Universal Credit (Miscellaneous Amendments) Regulations 2013 and the Universal Credit (Transitional Provisions) Regulations 2014;

  • Partial Credit Payment means any payment, distribution or benefit that is not a Full Credit Payment.

  • Emission Reduction Credits means emission reductions that have been authorized by a local air pollution control district pursuant to California Health and Safety Code, Division 26 Air Resources, Sections 40709 and 40709.5, whereby such district has established a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • Aggregate Planned Balance With respect to any group of Planned Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.