NLG definition

NLG means the currency of the Netherlands;

NLG mean the lawful currency for the time being of the Netherlands and in respect of all payments to be made under this Agreement in Guilders mean immediately available, freely transferable cleared funds;

NLG means Nisga’a Lisims Government;

Examples of NLG in a sentence

• After the first five policy years, for the remainder of the No-Lapse Guarantee Period, the NLG guarantees the death benefits associated only with BFA of all coverage layers will remain in force.

• If the premium requirement is satisfied, during the first five policy years, the NLG guarantees the death benefits associated with BFA and SFA of all coverage layers will remain in force.

• A Policy may enter a Grace Period and possibly Lapse if its Cash Surrender Value is not enough to pay the Monthly Charge and the NLG is no longer in effect.

• At any point in time, either the entire policy satisfies the NLG premium requirement, or the entire policy does not.

• At any one time, there is one monthly NLG premium for the entire policy that equals the sum of the NLG premiums for the BFA and SFA across all layers of coverage.

More Definitions of NLG

NLG means Dutch guilders.

NLG means the lawful legal tender of the Netherlands;

NLG means Dutch Guilders;

NLG means the Nisga’a Lisims Government.

NLG means the coin or currency of The Netherlands as of the time of payment is legal tender for the payment of public and private debt.

NLG means no-lapse guarantee

NLG means the lawful currency of the NetherlandsEUR" shall mean the single currency of the member states of the European Communities that have adopted the Euro as its lawful currency under the legislation of the European Community for Economic Monetary Union.