Net Purchase Payment. The Purchase Payment less premium taxes, as applicable.
Net Purchase Payment. This amount is the actual Purchase Payment less any premium tax. Aetna reserves the right to pay premium taxes when due and deduct the amount from the Current Value when we pay the tax or at a later date. The Net Purchase Payment will be credited among:
Net Purchase Payment. This amount is the actual Purchase Payment less any premium tax. Aetna reserves the right to pay premium taxes when due and deduct the amount from the current value when we pay the tax or at a later date. Each Net Purchase Payment will be allocated, as directed by the Contract Holder among:
Examples of Net Purchase Payment in a sentence
The FTC staff did not have any objections to grantinga waiver to Miele.ConclusionAfter careful consideration of all the material that was submitted by Miele and consultation with the FTC staff, it is ordered that:(1) The petition for waiver submitted by Miele, Inc.
The number of Accumulation Units will be determined by dividing the Net Purchase Payment by the value of an Accumulation Unit on the effective date.
Any dividend credited prior to the Maturity Date will be applied on the effective date as a Net Purchase Payment unless the Owner elects to have the dividend paid in cash.
Accumulation Units are credited as of the effective date of the Net Purchase Payment.
Net Purchase Payment amounts are withdrawn in the same order they were applied.
More Definitions of Net Purchase Payment
Net Purchase Payment means the amount set forth in Schedule 1 hereto as being payable by Purchaser to Seller on the Delivery Date, such amount being the Purchase Price for such Delivery Date minus the Purchase Deposit, the Total Reserves, the Lease Deposit and accrued interest on the Lease Deposit through the day before the Delivery Date.
Net Purchase Payment. The portion of a Purchase Payment that remains after the deduction of any applicable front-end sales load or premium or similar tax, if any. This is also the term used to describe the total contributions made to the Certificate minus the total withdrawals.
Net Purchase Payment means a Purchase Payment less any premium taxes that may be deducted from such Purchase Payment, as provided in the Certificate under which the Purchase Payment is made.
Net Purchase Payment. A Purchase Payment less any applicable Premium Tax. OWNER: A person who owns the Contract.
Net Purchase Payment. A Purchase Payment less any applicable charge for taxes.
Net Purchase Payment. This amount is the Purchase Payment less any applicable premium tax. Aetna reserves the right to deduct any premium tax at any time from the Purchase Payment or from the Certificate Holder's Account. The Certificate Holder shall designate, on the enrollment form, the allocation percentage of the Net Purchase Payment to be applied to each of the available Guaranteed Periods during the current Deposit Period(s). The minimum amount that may be allocated to any Guaranteed Period is shown on Contract Schedule I.
Net Purchase Payment. The Purchase Payment less the sales charge as shown on the Schedule and any applicable premium tax.