Trust Charge definition

Trust Charge daily charge of .000933% (equivalent to .34% annually in advance). We reserve the right to increase the Trust Charge but in no event above .001373% (equivalent to .50% annually in advance). ------------------------------------------------------------------------------------------------------------------------------------ Rider Charges Deducted from the None Investment Base ------------------------------------------------------------------------------------------------------------------------------------ SCH2(NY-1)FPLS - 6 - POLICY SCHEDULE 2 ------------------------------------------------------------------------------------------------------------------------------------ Other Rider Charges None ------------------------------------------------------------------------------------------------------------------------------------ SCH2(NY-1)FPLS - 7 - POLICY SCHEDULE 2 11 ------------------------------------------------------------------------------------------------------------------------------------ POLICY SCHEDULE 3 (CONTINUED) ------------------------------------------------------------------------------------------------------------------------------------ Deferred Policy Loading The amount of Deferred Policy Loading applicable during a policy year is deducted from this policy's investment base in calculating its cash surrender value. Initial Premium The maximum amount of the Deferred Policy Loading attributable to the initial premium is: During As % of During As % of Policy Initial Policy Initial Year Premium Year Premium ------ ------- ------ -------
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Examples of Trust Charge in a sentence

  • Trust Charge: • daily charge of .000686% (equivalent to .25% annually in advance).

  • We reserve the right to increase the Trust Charge, but in no event above .001373% (equivalent to .50% annually in advance).

  • We reserve the right to increase the Trust Charge, but in no event above ..001373% (equivalent to .50% annually in advance).

  • The Trust Charge to be entered into between the Trustee and the Security Trustee.