Examples of Monthly Due Date in a sentence
If the Life Assured’s correct Age is lower than the Age declared in the Proposal Form, the Mortality Charge, payable under the Policy shall be altered corresponding to the correct Age of the Life Assured (the “corrected Mortality Charge”) from the next Monthly Due Date.
The first payment to the Bank shall be made in accordance to the specified Monthly Due Date after the proceeds from sales to Broker B, subject to any agreed deduction is deposited into the account of the Customer and the subsequent monthly payments shall be paid on the corresponding date of the subsequent months until the Bank’s Selling Price is paid in full.
Monthly Payments amount and Monthly Due Date will be notified to the Customer in a manner which shall be determined by the Bank upon disbursement of the Facility.
An on-site consultation visit will be considered “in progress” in relation to the working conditions, hazards, or situations covered by the visit from the beginning of the opening conference through the end of the correction due dates and any extensions thereof.
The Policy Administration Charge, as mentioned in the Schedule, will be deducted at each Monthly Due Date throughout the Policy Term by the cancellation of Units.