Single Deposit definition

Single Deposit means the amount of the Single Deposit set out on Page One, which must be received by the Insurance Company on the Effective Date from the Owner, plus, if allowed, any additional deposits which are paid pursuant to the terms of this Contract.
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Examples of Single Deposit in a sentence

  • AdvancePay Account Transaction Fees (Maximum Single Deposit Amount is $100.00) Online (Web) $7.95 Mobile Phone Application $7.95 Phone (Interactive Voice Response) $7.95 Phone (Live Operator) $7.95 Retail Location Varies by Retailer Check or Money Order Mailed to Lockbox No charge In addition to the foregoing, there is an account closure/refund fee of $3.95, which Company may change from time to time.

  • The Guaranteed Fund shall be the sum of the Single Deposit as defined in Section 1.3 and interest as credited in accordance with Section 2.2 less any Contract Payments made in accordance with Section 3.1. Any deposit made to the Single Deposit shall be credited to the Guaranteed Fund on the day it is received.

  • The Insurance Company may amend the Contract, upon providing the Owner with written notice thereof, to comply with applicable laws or regulations; provided, however, that such amendment will not remove nor modify any guarantee of the Single Deposit, interest earned and credited, and repayment of the Single Deposit made by the Insurance Company to the Owner hereunder.