Examples of Reduction Percentage in a sentence
Other Plan Reduction Percentage 50% COVERAGE AND LIMITATIONS (All limitations are stated per Injury.)Hospital/Facility ServicesInpatient1.
COVERAGE PROVISION APPLICABILITYAny covered Hospital and Professional Services Benefits payable under this provision will be reduced by the Other Plan Reduction Percentage shown under Coverage Provision Applicability if:1.
The Rider Death Benefit will be (a) minus (b), where: (a) is the Rider Death Benefit; and (b) is the Rider Death Benefit multiplied by the Death Benefit Reduction Percentage.
Otherwise, the Purchase Payment will be added to the Withdrawal Base, and the Rider Death Benefit will be increased by (a) minus (b), where: (a) is the Purchase Payment; and (b) is the Purchase Payment multiplied by the Death Benefit Reduction Percentage.
This reduction shall be in an amount (the "Reduction Amount") equal to (i) the higher of (A) the Minimum Product Order commitment for the applicable Category for the Adjustment Period or (B) the actual Product Orders by Kmart of the Products in the applicable Category during the Prior Period (the "Actual Prior Period Orders") multiplied by (ii) the Reduction Percentage.