Minimum Charge definition
Examples of Minimum Charge in a sentence
The Minimum Charge for mortality and expense risk as shown on the Contract Data page will be computed and deducted from each Subaccount on each Valuation Date.
Any charge for mortality and expense risk or Riders above the Minimum Charge ("Excess Charge") will be deducted from monthly dividends paid by, and reinvested in, the respective Subaccounts.
The Minimum Charge is factored into the Accumulation Unit Values on each Valuation Date.
Minimum Charge: The Customer Charge and Renewable Energy Surcharge.
A withdrawal of a request to commence a Permitted Window will not be applied against the maximum of four Permitted Windows provided to AOL under this Agreement if such withdrawal was made pursuant to the immediately preceding sentence or if the withdrawal is at the request of Excite.