PURCHASE PAYMENTS definition

PURCHASE PAYMENTS. [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]

PURCHASE PAYMENTS. Purchase Payments are payable according to the frequency and in the amount selected by you. The initial Purchase Payment is due on the Issue Date. We reserve the right to decline any Purchase Payment. The Minimum Subsequent Purchase Payment and the Maximum Total Purchase Payments allowed are shown on the Contract Schedule.

PURCHASE PAYMENTS means the amounts required to be paid by the Company pursuant to Section 3.3.

Examples of PURCHASE PAYMENTS in a sentence

• The Purchaser may at any time elect to prepay its remaining Installment Purchase payments.

• Purchase payments, if any, to the QF for the supply of energy and/or capacity to the Company shall be based on this contractual designation.

• Purchase payments may be made from appropriated capital funds or from other funds lawfully available for that purpose and allocated therefor by the board, or from any combination of the foregoing, but not from appropriated operating funds.

• Purchase payments shall be made from only capital funds appropriated for that purpose.

• Purchase payments made for the exchanged security had been made for the acquired security on the date on which they were made for the ex- changed security; and (2) Shall not exceed 9 percent of the sum of the purchase payments made for the acquired security and the ex- changed security.

More Definitions of PURCHASE PAYMENTS

PURCHASE PAYMENTS. The initial Purchase Payment is due on the Issue Date. The minimum and maximum subsequent Purchase Payments are shown on the Contract Schedule. The Company reserves the right to reject any forms required to issue the Contract or to reject any Purchase Payment.

PURCHASE PAYMENTS. The initial purchase payment is due on the contract date. The minimum subsequent purchase payments and maximum total purchase payments are shown on the contract data page. Subject to the minimum and maximum payments shown on the contract data page, you may increase or decrease or change the frequency of subsequent purchase payments. We reserve the right to reject any purchase payment.

PURCHASE PAYMENTS means payments on the actual

PURCHASE PAYMENTS. The initial Purchase Payment must be paid on the Contract Date. In general, subsequent Purchase Payments may be made at any time before the Annuity Date. However, no Purchase Payments may be made on or after the sole or older of the Owner's or Joint Owner's, or Annuitant's, 85th birthday, and we reserve the right to decline any Purchase Payment. The Minimum Subsequent Purchase Payment, Annual Purchase Payment Limits and Aggregate Purchase Payment Limit are shown on the Contract Data pages.

PURCHASE PAYMENTS. The dollar amount we receive in U.S. currency to buy the benefits this contract provides.

PURCHASE PAYMENTS. Amounts paid into this Contract by the Owner.

PURCHASE PAYMENTS. The initial Purchase Payment must be paid on the Contract Date. In general, subsequent Purchase Payments may be made at any time before the Annuity Date. However, no Purchase Payments may be made on or after the Owner's or Annuitant's 80th birthday. The Minimum Subsequent Purchase Payment, Annual Purchase Payment Limits and Aggregate Purchase Payment Limit are shown on the Contract Data pages.