Minimum Initial definition

Minimum Initial. Cession: None. The Ceding Company will retain up to an additional [percentage] over its maximum retention in order to avoid trivial amounts of reinsurance.
Sample 1Sample 2Sample 3
Minimum Initial. Cession: None for automatic cessions. For facultative cessions, the minimum cession shall be [dollar amount] up to age 70, and [dollar amount] for ages over 70.
Sample 1Sample 2Sample 3
Minimum Initial. Cession Amount shall have the meaning set forth in Exhibit B, B.4.a. OFAC shall have the meaning set forth in Section 15.5. Party, or collectively Parties, shall have the meaning set forth in Section 1.1. Personal Information shall have the meaning set forth in Section 24.1. Policy shall mean [ ]for facultative reinsurance purposes, [ ] and the corporate owned life insurance policy and any and all riders issued to the Policy Owner. Policy Net Amount at Risk shall have the meaning set forth in Section 6.1.
Sample 1

Examples of Minimum Initial in a sentence

  • The Directors reserve the right from time to time to waive any requirements relating to the Minimum Initial Investment Amount, the Minimum Additional Investment Amount and the Minimum Shareholding as and when they determine at their reasonable discretion.

  • When requesting the exchange of Shares as an initial investment in a Fund, Shareholders should ensure that the value of the Shares exchanged is equal to, or exceeds, the Minimum Initial Investment Amount for the relevant New Class specified in the Supplement for the relevant Fund.

  • Dealing Days, Dealing Deadlines and the relevant Minimum Initial Subscription and Minimum Redemption Amount relating to each Fund are specified in the relevant Supplement.

  • For the avoidance of doubt the Minimum Initial Subscription as set out in the Supplement for the relevant Fund shall apply in relative terms to in-kind subscriptions.

  • Minimum investment requirements The table above shows the Minimum Holding Investment, the Minimum Initial Investment and the Minimum Subsequent Investment requirements for each Class of Shares.

  • The Minimum Initial Investment Amount, the Minimum Additional Investment Amount and the Minimum Shareholding of Shares of each Class of a Fund may vary and are set out in the Supplement for the relevant Fund.

  • The Company may decline any application for Shares in whole or in part without assigning any reason therefor and will not accept an initial subscription for Shares of any amount which is less than the Minimum Initial Subscription as set forth in the Supplement for the relevant Fund, unless the Minimum Initial Subscription is waived by the Directors.

  • Minimum investment requirements The table below shows the Minimum Holding Investment, the Minimum Initial Investment and the Minimum Subsequent Investment requirements for each Class of Shares.

  • Investors should note the restrictions applicable to the classes of Shares, which are further described in Section 4.1 below (including but not limited to the fact that certain classes of Shares are available to certain categories of investors only and all classes of Shares are subject to a Minimum Initial Subscription Amount and/or Minimum Shareholding).

  • Save as agreed by the SICAV no transfer may be made, which would result in either the transferor or the transferee remaining or being registered as the holder of Shares in a Fund or class with a NAV below the Minimum Shareholding (for the transferor) or the Minimum Initial Subscription Amount (for the transferee) or such lesser amount as may be permitted or which would otherwise be in breach of the normal conditions for subscription.


More Definitions of Minimum Initial

Minimum Initial. Cession Amount shall have the meaning set forth in Exhibit B and applied as provided for in Section 4.a. OFAC shall have the meaning set forth in Section 15.5. Owner shall mean the person who owns a Certificate. Party, or collectively Parties, shall have the meaning set forth in Section 1.1. Policy shall mean the Group Universal Life or Group Variable Universal Life Policy issued to the Policyholder. Policyholder shall mean the employer or sponsoring organization who purchases the Policy on behalf of its employees. Policy Net Amount at Risk shall have the meaning set forth in Section 6.1. Reinsurer shall have the meaning set forth in Section 1.1. Reinsurer’s Share shall have the meaning set forth in Exhibit B. Termination Date shall have the meaning set forth in Section 23.3. Underwriting Guidelines shall have the meaning set forth in Exhibit C.
Sample 1
Minimum Initial. Cession Amount shall have the meaning set forth in Section 4 of Exhibit B. OFAC shall have the meaning set forth in Section 15.5. Party, or collectively Parties, shall have the meaning set forth in Section 1.1. Personal Information shall have the meaning set forth in Section 24.1. Policy shall mean the variable universal life insurance policy issued to the Policy Owner. Policy Net Amount at Risk shall have the meaning set forth in Section 6.1.
Sample 1
Minimum Initial means such amount or number of Shares (if any) as the Directors may from Investment Amount” time to time prescribe as the minimum initial subscription required by each Shareholder for Shares of each Class in a Fund as is specified in the Supplement for the relevant Fund;
Sample 1
Minimum Initial. Cession: None. The Ceding Company will retain up to an additional [percentage] over its maximum retention in order to avoid trivial amounts of reinsurance. If an international client does not meet the Ceding Company's financial or medical criteria, requires a flat extra or individual consideration under the Ceding Company's International Risk Guidelines, or if the country of origin or citizenship is not an agreed `A' or `B' location, then reinsurance will not be ceded automatically. The Ceding Company will promptly notify the Reinsurer of any proposed material changes in its international client guidelines. This Agreement will not extend to policies issued pursuant to such changes unless the Reinsurer has consented in writing to accept policies subject to such changes. EXHIBIT D (Revised January 1, 2005) REINSURANCE PREMIUMS
Sample 1

Related to Minimum Initial

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Minimum Term means each minimum initial and subsequent period of service for each Service as shown on the Service Agreement and Order Schedule, the initial period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed or if not stated on the Service Agreement or order schedules, the Minimum Term will be 12 months or such other period as may be notified to you in accordance with paragraph 19.2.

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.

  • R (initial) means the Reference Price on the Initial Observation Date.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • Minimum Amount means the Minimum Amount as specified in § 1 of the Product and Underlying Data.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Maximum Program Amount means Common Shares with an aggregate Sales Price of the lesser of (a) the number or dollar amount of Common Shares registered under the effective Registration Statement (defined below) pursuant to which the offering is being made, (b) the number of authorized but unissued Common Shares (less Common Shares issuable upon exercise, conversion or exchange of any outstanding securities of the Company or otherwise reserved from the Company’s authorized capital stock), (c) the number or dollar amount of Common Shares permitted to be sold under Form S-3 (including General Instruction I.B.6 thereof, if applicable), or (d) the number or dollar amount of Common Shares for which the Company has filed a Prospectus (defined below).

  • Minimum Price shall have the meaning set forth in Section 7.2(b)(ii).

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Please Initial Client also expressly indemnifies GPT for any future liabilities, either administrative, civil, or criminal related to the improper use by Client or its assigns of any and all documentation that is provided to Client by GPT pursuant to this Agreement. Please Initial: ___________ Client hereby further agrees to indemnify GPT against any action, suit, claim or proceeding, whether civil, criminal or administrative, and against any fine, cost, levy, expense, judgment or award arising therefrom (collectively a "Claim"), in which GPT may be involved (whether as a witness or a party) as a result of any application or document filed or processed by GPT, on the Client's behalf, which contains any false or misleading statement or omission of material fact or which, other than through gross negligence of GPT, violates any statute, rule or order of any Federal, state or self-regulatory authority. Client agrees that GPT shall have no responsibility to verify the accuracy or adequacy of any statement, document, fact or information provided to GPT by Client or Client's attorney, accountant, representative or agents.