Good order for initial premium payments means that the Part 1 of the Application is completed, a suitability review and approval have occurred, all producer licensing issues are resolved, all owner and insured information is furnished, all signatures are obtained, all premium has been received, including any subsequent premiums already due, and all other requirements are satisfied as determined by the Company.
Good order means that your purchase request includes:
Good order. Generally, a request is considered to be in “Good Order” when it is signed, dated and made with such clarity and completeness that we are not required to exercise any discretion in carrying it out. We can only act upon written requests that are received in Good Order.
Examples of Good order in a sentence
Good order is the standard that we apply when we determine whether an instruction is satisfactory.
Good order means complete and accurate instructions are provided by the Owner in accordance with the Company’s then current procedures.
Good order means the receipt of any and all information, documentation, instructions, and/or premiums deemed necessary by the Insurer, in its sole discretion, to issue the Contract or Policy or execute any transactions pursuant to the terms of the Contract.
Good order means that your request includes complete information on your purchase, exchange or redemption and that the Fund has received the appropriate assets.
The processing and valuation of transfers attributable to the variable Sub-Accounts may be postponed, however, when: the New York Stock Exchange is closed; the SEC restricts trading or declares an emergency; the SEC permits us to defer it for the protection of our Policy owners.2 Good order requirements for transfers include restrictions imposed by the Wealth Guard Rider, if applicable, and/or the Nationwide Allocation Architect service and described in the prospectus.
More Definitions of Good order
Good order. An instruction received at the Annuity Service Center, utilizing such forms, signatures and datings as we require, that is sufficiently complete and clear that we do not need to exercise any discretion to follow such instructions. We will notify you if an instruction is not in Good Order.
Good order. An instruction received at the Annuity Service Center, utilizing such forms, signatures and datings as we require, that is sufficiently complete and clear that we do not need to exercise any discretion to follow such instructions. We will notify you if an instruction is not in Good Order. INTEREST RATE INVESTMENT OPTION(S): Those interest rate option(s) available under the Contract as of any given time. Interest Rate Investment Option(s) as of the Contract Date are shown on the Contract Data pages.
Good order. Good Order is the standard that we apply when we determine whether an instruction is satisfactory. An instruction will be considered in Good Order if it is received at our Service Office: (a) in a manner that is satisfactory to us such that it is sufficiently complete and clear that we do not need to exercise any discretion to follow such instruction and complies with all relevant laws and regulations; (b) on specific forms, or by other means we then permit (such as via telephone or electronic transmission); and/or (c) with any signatures and dates as we may require. We will notify you if an instruction is not in Good Order.
Good order means leaving the room in good condition so that another group could follow without having to clean or set up the room.
Good order means the following information is on the fax buy/sell instructions: >> Company name >> Account name >> Contact name >> Contact phone number between 6 a.m. EST and 9 a.m. EST >> Current date >> Trade date >> Fund/Portfolio number >> Vanguard account number >> Purchase, redemption, rebalance redemption, rebalance purchase amount >> Purchase total, redemption total, rebalance redemption total, rebalance purchase total.
Good order means that you have provided all the necessary information to enroll in CalABLE and/or provided all the necessary information to instruct CalABLE on the transaction request. With respect to contributions, Good Order also means that CalABLE has received the money to be invested for the Account.
Good order means complete information we require to process your application or any request. Guarantee Period is the period of time for which we declare a Guaranteed Interest Rate. Guaranteed Interest Rate is an effective annual interest rate established by us for a Guarantee Period within a Fixed Account. Guaranteed Interest Rates will change from time to time, but will never be less than the Guaranteed Minimum Interest Rate. Guaranteed Minimum Interest Rate is stated on your Fixed Account Specifications Page and is the minimum rate we will pay on amounts allocated to the Fixed Accounts. Investment Options are Subaccounts and Fixed Accounts available under your Contract. Maturity Date is the date by which you must either elect an Annuity Option or take a lump sum payment of your Account Value. Your Maturity Date is stated on your Specifications Pages and is based on the Maturity Age, as stated on your Specifications Pages, of the Annuitant named on the Contract Date. Nonqualified Contract refers to an annuity that is not a Qualified Contract. Owner is the person entitled to exercise all rights under this Contract unless stated otherwise. If a joint Owner is named, the Owner and joint Owner share all rights under this Contract. We require both to act together unless stated otherwise. Unless otherwise specifically stated, all references to Owner in this Contract mean both Owner and joint Owner. The Owner (and joint Owner, if any) is stated on your Specifications Pages. Premium is the money you pay into this Contract. Premium Tax refers to any tax assessed by a governmental authority against Premium or Contract values.