Variable Portion definition

Variable Portion shall have the meaning set forth in Paragraph 4(a) hereof.
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Variable Portion has the meaning set forth in the Fee Schedule attached hereto as Exhibit C.
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Variable Portion shall have the meaning ascribed to it in Section 3.3(b).
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Examples of Variable Portion in a sentence

  • The monthly reinsurance premium for a Reinsured Contract shall be the Quota Share of the sum of (i) the fixed portion of the monthly reinsurance premium ("Fixed Portion") plus (ii) the variable portion of the monthly reinsurance premium ("Variable Portion").

  • The Variable Portion shall be the Variable Reinsurance Premium Rate in effect for that Contract in accordance with Schedule I, or variation(s) thereof, at the end of that month times one half of the sum of (v) the portion of the Account Value in the variable subaccounts of such Contract on the first day of the month and (vi) the portion of the Account Value in the variable subaccounts of such Contract on the last day of the month.

  • For this purpose, the attorneys in fact are specially empowered to receive all kind of payments, reimbursement of expenses and any information related to this Contract, and also to constituted prohibitions not to encumbrance nor sale or celebrate any acts or contracts over the mining concessions owned by the company and over the option to purchase the “NSR” or Variable Portion of the price.

  • Variable Portion of the Contracts" shall mean those benefits and contract rights that are backed by the assets held in LPLA Separate Account One.

  • As of the date hereof and for the duration of the indemnity obligations under this Article 3 with respect to the Variable Portion of the Contracts, FSL shall establish and maintain a liability on its statutory financial statements in accordance with applicable statutory and regulatory requirements, to the extent appropriate for its indemnity obligations hereunder.

  • Effective Date" shall mean 12:01 am Central time September 30, 2003 being the date and time upon which the coinsurance of the Fixed Portion of the Contracts shall occur and the date and time upon which the modified coinsurance of the Variable Portion of the Contracts shall also occur.

  • Subject to the terms and conditions of this Agreement, as of the Effective Date, London Pacific shall cede, and FSL shall assume on a modified coinsurance basis, 100% of London Pacific's Contract Liabilities with respect to the Variable Portion of the Contracts.

  • The indemnity obligations under this Article 3 shall continue with respect to the Variable Portion of the Contracts until all liabilities and risks thereunder have been assumed by FSL or the earlier of the discharge of all liabilities of London Pacific under such Variable Portion of the Contract or termination of the Modified Coinsurance pursuant to Article 10.

  • The Variable Portion for each Fund shall be accrued at the rate of 1/365th of the annual rate applied to the daily net assets of such Fund computed as described in the Fund’s Prospectus (and, in the case of days when the net asset value (NAV) of a Fund is not computed, as of the last preceding day on which the Fund’s NAV was computed).

  • The Variable Portion so accrued during each calendar month shall be paid to TAM monthly in arrears.

Related to Variable Portion

  • Applicable Portion means, with respect to any holder of shares of Preferred Stock who fails to purchase his, her or its Pro Rata Amount in a Qualified Financing, a number of shares of Preferred Stock calculated by multiplying the aggregate number of shares of Preferred Stock held by such holder immediately prior to a Qualified Financing by a fraction, the numerator of which is equal to the amount by which such holder’s Pro Rata Amount exceeds the number of Offered Securities actually purchased by such holder in such Qualified Financing, and the denominator of which is equal to such holder’s Pro Rata Amount.

  • Allocable Portion for purposes of this Plan, means (1) if there is one Distributor, all Earned Distribution and Earned Servicing Fees; or (2) if there are two or more Distributors, the portion of the Earned Distribution Fee and Earned Servicing Fee allocated to a Distributor in accordance with any allocation procedures to which each Distributor shall agree and which accurately allocates the Earned Distribution and Earned Servicing Fees among all Distributors in proportion to the outstanding New Class X Shares attributable to their respective efforts.

  • Ratable Portion or "ratably" means, with respect to any Lender, the percentage obtained by dividing (a) the Revolving Credit Commitment of such Lender by (b) the aggregate Revolving Credit Commitments of all Lenders (or, at any time after the Revolving Credit Termination Date, the percentage obtained by dividing the aggregate outstanding principal balance of the Revolving Credit Outstandings owing to such Lender by the aggregate outstanding principal balance of the Revolving Credit Outstandings owing to all Lenders).

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Anchor Investor Portion means up to 60% of the QIB Portion which may be allocated by the Company in consultation with the BRLM, to Anchor Investors on a discretionary basis in accordance with the ICDR Regulations. One-third of the Anchor Investor Portion shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price, in accordance with the ICDR Regulations;