Maximum Purchase Payment definition

Maximum Purchase Payment. Purchase Payments exceeding [$1,000,000] must be approved by Aetna.
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Examples of Maximum Purchase Payment in a sentence

  • You must obtain our consent before making a Purchase Payment that will bring the aggregate Purchase Payments over the Maximum Purchase Payment amount shown in the Contract Specifications.

  • A single Purchase Payment or the aggregate of all Purchase Payments may not exceed the Maximum Purchase Payment amount shown in the Contract Specifications without our approval.

  • A single Purchase Payment or the aggregate of all Purchase Payments may not exceed the Maximum Purchase Payment Amount Without Home Office Approval as shown in the Contract Specifications.

  • A single Purchase Payment or the aggregate of all Purchase Payments may not exceed the Maximum Purchase Payment amount shown in the Contract Specifications.

  • By providing FIRE DOG with a credit card or EFT number, Customer authorizes FIRE DOG to charge the card or EFT for all charges generated under this Agreement, until (i) this Agreement is terminated or (ii) Customer provides sixty (60) days prior notice that FIRE DOG stop charging the credit card or EFT.

  • We reserve the right to limit the dollar amount of any Purchase Payment when the aggregate amount of all Purchase Payments is equal to or greater than the Maximum Purchase Payment Without Our Approval shown on the Contract Data Page.

  • Percentage In Contract Years Percentage ----------------- ---------- ----------------- ---------- 1 7% 5 3% 2 7% 6 1% 3 6% 7 and Over 0% 4 5% 0% Contract Number: [VA99999999] Contract Date: [01-01-2003] Owner(s): [▇▇▇▇ ▇▇▇] [▇▇▇▇ ▇▇▇] Initial Purchase Payment: [$5,000.00] Maximum Purchase Payment: $1,000,000 Annuity Date: [01-01-2058] DEFINITION OF TERMS Account Value - The amount of the Contract Value allocated to any one of the Investment Options.

  • Total Purchase Payments may not exceed the Maximum Purchase Payment limit (listed on Page 3) at any time without the consent of the Company.

  • Maximum Purchase Payment Amount No policy subject to this Agreement may make total purchase payments in excess of ____ without REINSURER's prior approval.

  • Total Purchase Payments may not exceed the Maximum Purchase Payment limit (listed in Section 1) at any time without Our consent.