Startup definition
Examples of Startup in a sentence
We reserve the right to revise the Start-up Bonus recovery charge by giving You thirty (30) days’ written notice.
There is no Start-up Bonus recovery charge on the Top-up Account.
The Start-up Bonus recovery charge is calculated as below: Start-up Bonus recovery charge = (current annualised regular Premium – new annualised regular Premium) X total % of Start-up Bonus received X (1 – Number of months passed since Policy issued / premium payment term in months) “Number of months passed since Policy issued” refers to the duration in number of months that regular Premium has been paid.
We will impose and deduct a Start-up Bonus recovery charge through cancellation of units from the Regular Premium Account when each decrease in regular Premium takes effect.
The Cash Manager shall establish and maintain the Extraordinary Payment Holiday Start-up Loan Ledger to record each advance under, and all payments of interest and repayments of principal in respect of, the Extraordinary Payment Holiday Start-up Loan.