Option D definition
Option D means early levelized Capacity Payments as described in Appendix D.
Option D. BENEFITS FOR A Interest will be credited to the unpaid balance SPECIFIED AMOUNT and we will make payments until the unpaid balance is gone. We will credit interest at a rate we determine each year, but not less than 3%. We will make payments annually, semi-annually, quarterly, or monthly, whichever is preferred. The benefit level chosen must provide for an annual benefit of at least 8% of the amount applied.
Option D. The Beneficiary may elect to defer the lump sum payment of the death benefit proceeds for up to five years from the date of the Owner’s death. The entire interest in the contract will be distributed as a lump sum within the five-year period specified under applicable laws and regulations, commencing with the date of Owner’s death, unless option A, B, or C is elected within 60 days of the date we receive Proof Of Death.
Examples of Option D in a sentence
If the Contract is continued under Option D of the Death of Owner provision of the Contract, then: This rider will continue and the Income Base will continue to be calculated according to Section III above.
If the Contract is continued under Option D of the Death of Annuitant provision of the Contract, then: This rider will continue and the Income Base will continue to be calculated according to Section III above.
Premium paid the REINSURER for policies with Option D is calculated and paid on the current ceded NAR amount.
The CEDING COMPANY will report the ultimate doubled face amount for all Option D coverages issued with the policy.
The CEDING COMPANY will report the current net amount at risk as the NAR amount for policies with Option D.
More Definitions of Option D
Option D. Exclusive Commercial License with Pre-Set Royalty Terms
Option D. I have advised my Brokerage Firm or Broker that I do NOT want any automated estimate of value on my listing.
Option D. Savings are determined through simulation of the energy use of the whole facility, or of a sub-facility. Simulation routines are demonstrated to adequately model actual energy performance in the facility. This option requires considerable skill in calibrated simulation.
Option D. I have advised my Brokerage Firm or Broker that I do NOT want any automated estimate of value on my listing. Seller acknowledges that Seller has read and understands the options presented above and that, if Seller has selected Option A, consumers who conduct searches for listings on the Internet will not see information about Seller’s Property in response to their search. (Signature is required below ONLY if Seller has initialed any of the above options.)
Option D has the meaning set forth in Section 6.6 (e)(ii).
Option D. A retirant shall have the option of selecting survivor's benefits in conjunction with the retirement option described in Section 26(a) of the Macomb County Employees' Retirement Ordinance commonly known as "Option D - Level Income Option". Said survivor's benefits shall correspond to those benefits known as Option A - 100% Survivor Allowance, Option B - 50% Survivor Allowance and Option C - Allowance For 10 Years Certain and Life Thereafter, as described in Section 26 of said Ordinance.
Option D shall have the meaning set forth in Section 8.1D.