Payment of Annuity Sample Clauses

Payment of Annuity. 27.2.1 Subject to the provisions of this Article 27 and Article 28 and any other applicable provisions of this Agreement, Authority shall make payment of Annuity to the Concessionaire on each Annuity Payment Date. For avoidance of doubt the number of such Annuities shall not exceed 35 (thirty five) over the Concession Period and will commence from six calendar months from COD.
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Payment of Annuity. Community College League of California hereby agrees to bind itself and its successors to pay enter text age enter text an annuity or annual sum of $enter text commencing on enter text enter text, and continuing for and during the rest of enter text life. If enter text age enter text., survives enter text Community College League of California shall continue to make the same annuity payments to enter text for and during enter text life under the same terms and conditions as herein set forth. The annual annuity amount shall be paid by check or electronic transfer of funds in enter text installments of $enter text in each year.
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Payment of Annuity. In consideration of the property transferred by the Donors, Catholic Gift Annuity shall pay to the Donors during their joint lives, and then to the survivor during his or her life, an annual annuity of $460.00 from the date of this Agreement.
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Payment of Annuity. As consideration for the Gift, Arcadia shall pay an annual annuity (“Annuity”) in the amount of $ from the date of this Agreement and shall pay such amount to the Donor so long as he/she is living.
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Payment of Annuity. In consideration of the property transferred by the Donors, CHF shall pay to the Donors during their joint lives, and then to the survivor during his or her life, an annual annuity of $[amount] from the date of this Agreement.
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Payment of Annuity. Each annual annuity payment shall be due and payable on the anniversary date of this Agreement, with the first such installment due and payable on the anniversary of this Agreement in the year following the year of execution of this Agreement and the last such installment due and payable on the anniversary of this Agreement in the year in which the death of Samuxx Xxxx xxxll occur but only if Samuxx Xxxx xxxll be alive on such anniversary date, it being distinctly understood that such payments are to be made only for and during the natural life of Samuxx Xxxx xxxhout regard to whether the aggregate amount paid be more or less than the present fair market value of the Subject Shares transferred by Seller hereunder, and that no annuity payments shall be due and payable hereunder after the death of Samuxx Xxxx.
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Payment of Annuity. In consideration of the property transferred by the Donor, State Hospital Foundation shall pay an annual annuity of $830.00 from the date of this Agreement and shall pay such amount to the Donor so long as he is living.
Sample 1
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Payment of Annuity. In consideration of the property transferred by the Donors, THE CHARITY shall pay to the Donors during their joint lives, and then to the survivor during his or her life, an annual annuity of $570.00 from the date of this Agreement.
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Payment of Annuity. Until the Donor’s/Donors’ death(s) (or specified time period), the Foundation shall pay to the Donor an annual amount equal to $ / % each year, payable in equal quarterly installments of $ beginning (date).
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Related to Payment of Annuity

  • Life Annuity The monthly annuity shall be payable to the annuitant for as long as the annuitant lives, and shall end with the last monthly payment before the death of the annuitant.

  • Fixed Annuity 10 1.16 Fund(s) ........................................................... 10 1.17

  • Payment of Benefit The Company shall pay the annual benefit to the Executive in 12 equal monthly installments commencing with the month following the Executive’s Normal Retirement Date, paying the annual benefit to the Executive for a period of 15 years.

  • PAYMENT OF DEATH BENEFIT The Company will require due proof of death before any death benefit is paid. Due proof of death will be:

  • Fixed Annuity Payments The minimum guaranteed income purchased per $1,000 of the net amount applied to a fixed annuity is based on an annual interest rate of 3% and the 1983a Mortality Table with the ages set back ten (10) years. Conversion to Current Rates – Annuity payments will be based on the greater of: • our current income factors in effect for this Contract on the Annuity Date; or • our guaranteed income factors. The dollar amount of any payments after the first annuity payment is specified during the annuity payment period according to the provisions of the elected Annuity Option.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • ANNUITY 24.1 If the policy schedule states that the insured amount is a surviving dependant's annuity within the meaning of Section 3.125(1)(b) of the Income Tax Act 2001, this article shall apply.

  • Basis of Payment of Benefits Direct payment by the Insurer is the basis of payment of benefits under this Agreement, with those benefits in turn being based on the payment of premiums as provided in this Agreement.

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