Required Premium definition

Required Premium means 125%.
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Required Premium. If applicable, unless otherwise specified in the related Series Supplement, with respect to the Certificates of any Series or any Class thereof, an amount equal to the product, as determined on any Distribution Date with respect to such Series or Class, of (i) the Required Principal for such Series or Class and (ii) the Call Premium Percentage for such Series or Class.
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Required Premium. If applicable, unless otherwise specified in the related Series Supplement, with respect to the Certificates of any Series or any Class thereof, an amount equal to the product, as determined on any Distribution Date with respect to such Series and Class, of (i) the Required Principal for such Series and Class and (ii) the Call Premium Percentage for such Series and Class.
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Examples of Required Premium in a sentence

  • No transfer may be made if the policy is in a Grace Period and the Required Premium has not been paid.

  • Accordingly, any Required Premium due under this Section 6(b) is intended by the parties to be, and shall be deemed, a reasonable estimate of such Holder’s actual loss of its investment opportunity and not as a penalty.

  • If the policy is within the No-Lapse Guarantee Period, the Required Premium for No-Lapse Guarantee will increase.

  • The policy will be amended or endorsed to reflect the adjustment and its effect upon policy benefits, Required Premium for the No-Lapse Guarantee, Face Amount Charges, Surrender Charges and/or Cost of Insurance rates, if applicable, and any other applicable charges.

  • No insurance under this policy will take effect until we approve issuance of this policy and the conditions specified in the application form have been satisfied, including our receipt of the Initial Required Premium shown in Section 1.


More Definitions of Required Premium

Required Premium means 110%.
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Required Premium means 115%.
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Required Premium means as applicable (i) 150% with respect to an Alternate Conversion pursuant to clause 5(a)(xvi) above or (ii) otherwise, 125%.
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Required Premium means 120%.
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Required Premium. (qq) "Required Principal"; (rr) "Required Percentage"; (ss) "Required Rating"; (tt) "Requisite Reserve Amount"; (uu) "Retained Interest"; (vv) "Scheduled Final Distribution Date"; (ww) "Specified Currency"; (xx) "Surety Bond"; (yy) "Term Asset Provider"; (zz) "Term Asset Purchase Agreement"; (aaa) "Term Assets"; (bbb) "Term Assets Issuer"; (ccc) "Term Assets Schedule"; (ddd) "Trust"; (eee) "Trustee"; (fff) "Trust Termination Event";
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Required Premium means as applicable (i) 150% with respect to an Alternate Conversion pursuant to clause 5(a)(xvii) above or (ii) otherwise, 125%.
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Required Premium means 117.5%.
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