Rider Anniversary definition

Rider Anniversary means the same day and month of each year as the Rider Date. If the day does not exist in a month, the last day of the month will be used. For purposes of calculating the Benefit Base on the first Rider Anniversary, the Rider Date will be considered a Rider Anniversary.
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Rider Anniversary means the annual anniversary of the Date of Commencement of Risk under Rider;
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Examples of Rider Anniversary in a sentence

  • Such prorated amount will be deducted from the Contract Value on the earlier of the day the Contract terminates or the Quarterly Rider Anniversary immediately following the day the Rider terminates.

  • If this Rider terminates on a Quarterly Rider Anniversary, the entire charge for the prior Quarterly Rider Anniversary will be deducted from the Contract Value on that Quarterly Rider Anniversary.

  • If the Rider terminates prior to a Quarterly Rider Anniversary, we will prorate the charge.

  • The charge is deducted, in arrears, on each Quarterly Rider Anniversary that this Rider remains in effect.

  • Quarterly Rider Anniversary — Every three month anniversary of the Rider Effective Date.

  • In 2008, a national nutrition policy was adopted and the Government pledged support for programmes to fight malnutrition.

  • If the Minimum Benefit Age has not been attained, payments will begin on the Rider Anniversary following the attainment of the Minimum Benefit Age.

  • If this Rider terminates on a Quarterly Rider Anniversary, the entire charge for the prior Quarter will be deducted from the Contract Value on that Quarterly Rider Anniversary.

  • Beginning with the first Rider Anniversary, an Annual Step-Up may be available.

  • You have the right to reject an automatic step-up within [30] days following a Rider Anniversary, if the rider fee percentage increases.

Related to Rider Anniversary

  • Policy Anniversary means the annual anniversary of the Date of Commencement of Risk;

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.