Payment Options definition

Payment Options means the payment structure as set out in eta’s Fees and Payment Schedule as attached hereto and as may be amended or supplemented from time to time;
Payment Options. Any amounts payable or applied by Us as described in this section will be based on the Contract Values as of the Valuation Date on or next following the date on which We receive due proof of death at Our corporate office. Due proof of death includes all documents needed to complete a beneficiary's claim. The death benefit for each beneficiary will be payable in a lump sum on the Valuation Date We receive due proof of death from that beneficiary. The beneficiary may elect to receive payment anytime within five years after the date of death. In lieu of a lump sum, payments may be made under a payment plan, provided: - the beneficiary elects the plan at the time We receive due proof of death; and - the plan provides payments over a period which does not exceed the life or over a period not extending beyond the life expectancy of the beneficiary; and - payments begin no later than one year after the date of death. If the beneficiary elects an annuity payment plan, such beneficiary shall be the Annuitant for purposes of a lifetime payment plan.
Payment Options. Any benefit payable under the Plan upon a Qualifying Distribution Event may be made to the Participant or his Beneficiary (as applicable) in any of the following payment forms, as selected by the Participant in the Participant Deferral Agreement:

Examples of Payment Options in a sentence

  • PAYMENT OPTIONS Instead of being paid in one sum, all or part of the proceeds may be applied under any of the Payment Options described below.

  • For further information pertaining to death of the Annuitant, see ANNUITY PAYMENT OPTIONS.

  • IF YOU WISH TO RESTRICT THE DEATH PAYMENT OPTIONS FOR YOUR BENEFICIARY(IES), PLEASE COMPLETE THE SEPARATE RESTRICTED BENEFICIARY FORM.

  • PAYMENT OPTIONS Options through which the distribution of the Adjusted Policy Value can be directed.

  • For further information pertaining to death of the Annuitant, see ANNUITY INCOME PAYMENT OPTIONS.


More Definitions of Payment Options

Payment Options. You have paid Seller the Initial Payment in the amount set forth above. In order to renew your SC each month, you agree MEPCO can collect Monthly Renewal Payments from you, as scheduled and disclosed above. Payment Processing Center: Mepco
Payment Options. Any benefit payable under the Plan may be made to the Participant or his Beneficiary (as applicable) in any of the following payment forms, as selected by the Participant upon his entry into the Plan [check desired option(s)]:
Payment Options. We accept Visa, MasterCard, Discover, cash and checks. Checks are not accepted for surgery deposits.
Payment Options. We are pleased to offer 4 payment options for our patients:
Payment Options. Accepted forms of payment: Cash, Venmo, Paypal or Square Up.
Payment Options. (to be completed by staff) PAID-IN-FULL MEMBERSHIP MONTHLY PAYMENT PLAN through EBT The monthly payment plan for this type of membership is: $ due by the of each month. Membership Dues: $ Discount Given $
Payment Options. Lump sum payable with final paycheck. Pay 2 lump sum with final paycheck and 2 lump sum on January 10th of the year following retirement. Lump sum payable on January 10th of the year following retirement.