Monthiversary definition

Monthiversary means the date in every month corresponding most closely with the Effective Date.
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Monthiversary means the same day of each subsequent month as the Policy Date. If there is no corresponding date in the month such as 29th, 30th or 31st, then the Monthiversary will be the last date of such month.
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Monthiversary has the same meaning ascribed to it in a reinsured policy. It is the day of each calendar month coinciding with a policy's Policy Date.
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Examples of Monthiversary in a sentence

  • The monthly Reinsurance Premiums due from the Company to the Reinsurer shall be calculated at the end of each calendar month based on the Amount Reinsured under each Reinsured Plan as of its Monthiversary falling in that calendar month.

  • On each Monthiversary, Fresh Relevance will charge the amount that Customer has agreed for the following Contract Month's Pageviews, in advance.

  • The change will be effective on the Monthiversary following our approval of the change.

  • The cost for this rider is determined monthly and deducted from the Account Value of the policy on each Monthiversary until the rider terminates.

  • The change will be effective on the Monthiversary following our receipt of Proper Notice.

  • If the Net Cash Value is not sufficient to cover the Monthly Charges due on any Monthiversary, a Grace Period is allowed for payment of the amount of premium needed to increase the Insurance Account Value so that monthly deductions can be made.

  • These charges are deducted from the Insurance Account Value on each Monthiversary.

  • If SELIC approves the change, it will take effect on the next Monthiversary which is at least thirty (30) days after all the required information has been provided to SELIC.

  • The change of Insured will be effective on the Monthiversary following our approval.

  • A decrease of the Total Face Amount will be effective on the Monthiversary following our receipt of Proper Notice.


More Definitions of Monthiversary

Monthiversary means the day in each succeeding month corresponding to the Policy Date, or if such date does not exist, then the last day of that succeeding month.
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Monthiversary means the day of each month following and coinciding with the day of the Policy Date. “Monthly Deduction” means, in relation to each Policy Month, the aggregate of (i) the Cost of Insurance and
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Monthiversary means the same date of each subsequent month of the Policy Year Date as shown in Page 3. If there is no corresponding date in the month, then the Monthiversary will be the last date of such month.
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Related to Monthiversary

  • Pre-Deconsolidation Period means any Tax Period ending on or before the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Deconsolidation Date.

  • Year means a calendar year.

  • Post-Deconsolidation Period means any Tax Period beginning after the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Deconsolidation Date.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Month means calendar month.