INITIAL PREMIUM PAYMENT definition

INITIAL PREMIUM PAYMENT. The Initial Premium Payment is shown on the Contract Schedule and is payable on or before the Contract Date.
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INITIAL PREMIUM PAYMENT. An amount paid to the Seller on the closing date of the related Advanta Securitization equal to the product of (i) the related Initial Premium Percentage and (ii) the Synthetic Residual Value.
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INITIAL PREMIUM PAYMENT means the first full premium payment that is due under the Policy and required to effect temporary life insurance coverage on the Proposed Insureds under this Agreement.
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Examples of INITIAL PREMIUM PAYMENT in a sentence

  • INITIAL PREMIUM PAYMENT The Initial Premium Payment is required to put this Contract in effect.

  • INITIAL PREMIUM PAYMENT The Initial premium payment is required to put this Contract in effect.

  • GA-IA-1043-01/98 7 PREMIUM PAYMENTS AND ALLOCATION CHARGES ------------------------------------------------------------------------- INITIAL PREMIUM PAYMENT The Initial Premium Payment is required to put this Contract in effect.

  • FG-IA-1000-12/95 5 Premium Payments and Allocation Changes ------------------------------------------------------------------------------ INITIAL PREMIUM PAYMENT The Initial Premium Payment is required to put this Contract in effect.

  • Signed for the Company HLVA94 Printed in U.S.A. P454R0.FRM N454R0.FRM Contract Specifications 3 Definition of Certain Terms 4 Premium Payments Provision 5 Contract Control Provisions 6 General Provisions 7 Valuation Provisions 9 Termination Provision 10 Settlement Provisions 12 Annuity Tables 15 THE INITIAL PREMIUM PAYMENT WILL BE ALLOCATED AS SPECIFIED IN YOUR APPLICATION.

  • GA-IA-1042-01/98 7 PREMIUM PAYMENTS AND ALLOCATION CHARGES ------------------------------------------------------------------------- INITIAL PREMIUM PAYMENT The Initial Premium Payment is required to put this Contract in effect.

  • GA-MA-1082 11 Premium Payments and Allocation Changes -------------------------------------------------------------------------------- INITIAL PREMIUM PAYMENT The Initial Premium payment is required to put a Certificate in effect.

  • GA-IA-1082 7 PREMIUM PAYMENTS AND ALLOCATION CHANGES ------------------------------------------------------------------------------ INITIAL PREMIUM PAYMENT The Initial Premium Payment is required to put this Contract in effect.

  • GA-IA-1007-04/95 PREMIUM PAYMENTS AND ALLOCATION CHANGES - ----------------------------------------------------------------------------- INITIAL PREMIUM PAYMENT The Initial Premium Payment is required to put this Contract in effect.

  • GA-IA-1083 7 PREMIUM PAYMENTS AND ALLOCATION CHANGES ------------------------------------------------------------------------------- INITIAL PREMIUM PAYMENT The Initial Premium Payment is required to put this Contract in effect.

Related to INITIAL PREMIUM PAYMENT

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Premium Payment Term means the term specified in the Schedule, during which the Premiums are payable by You;

  • Interim Payment has the meaning specified in Section 10.1.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.