Contract Month definition

Contract Month means a calendar month (or portion thereof) during the term of this Agreement. Contract Month 1 shall commence on the first day of the first calendar month following the Effective Date and end on the last day of that calendar month.
Contract Month means the expiry month January, February, March, April, May, June, July, August, September, October, November, .
Contract Month means a calendar month;

Examples of Contract Month in a sentence

  • If the value of the assets relating to the Contract held in the Variable Investment Option has increased due to investment performance during the Contract Month at greater than a 4% annual rate, the Contract's Death Benefit will increase on the first day of the next Contract Month.

  • The Contract’s Death Benefit will change on the first day of each Contract Month by an amount that depends on the investment performance of your chosen Variable Investment Options.

  • The interest earned during a Contract Month will be credited at the end of the Contract Month.

  • The amount of Accumulated Value on the date of reinstatement will equal: (a) the Accumulated Value as of the expiration of the grace period before termination of the Contract; PLUS (b) any premiums received at the time of reinstatement, reduced by the Premium Expense Charges; LESS (c) any Monthly Deductions and any loan interest due for the grace period; LESS (d) the Monthly Deduction for the next Contract Month.

  • To be eligible, the contract must have completed the 15th Contract Month and Commission Schedule B, C, D or E must have been selected on the application.


More Definitions of Contract Month

Contract Month means the period commencing at 06:00 hours on the first day of a calendar month and ending at 06:00 hours on the first day of the following calendar month, except the first Contract Month shall commence at 06:00 hours on the Start Date and end at 06:00 hours on the first day of the following calendar month, and the last Contract Month shall end on the date of expiration or termination of this Agreement.
Contract Month means any one calendar month and two or more such months being referred to as “Contract Months”;
Contract Month means a one month period of a calendar year.
Contract Month means each consecutive calendar Month period the first of which will begin on the Commercial Operation Date and each succeeding calendar Month; except that if the Commercial Operation Date does not occur on the first Day of a calendar Month, then the first Contract Month and the last Contract Month will be pro rated based on the number of Days in that Contract Month that elapsed prior to Commercial Operation.
Contract Month means the period beginning at 6:30am on the first Day of a calendar month and ending at 6:30am on the first Day of the next succeeding calendar month. Where the commencement date for the provision of a Service to a Delivery Point is not the first Day of a calendar month, the first Contract Month in respect of that Delivery Point shall be the period beginning at 6:30am on the first Day on which the Service is to be provided and ending at 6:30am on the first Day of the next succeeding calendar month and conversely where the last Day for a Service is not the last Day of a calendar month.
Contract Month means a period of the term of this Agreement beginning at 0500 hours on the first day of the Supply Period and ending at 0500 hours on the first day of the next succeeding calendar month and each month thereafter.
Contract Month or “Month” means a calendar month commencing at 0600 hours on the first Day of that calendar month and ending at 0600 hours on the first Day of the following calendar month.