Insurance Charge Sample Clauses

Insurance Charge. (i) Commencing on February 1st, 2014 and continuing thereafter until this Lease is terminated on January 31st, TBD???, Tenant shall also pay to Landlord, without any offset or deduction whatsoever, an amount equal to Tenant’s annual Pro Rata Share of the Insurance Costs (defined herein)(which cost shall herein be called “Insurance Charge), and which amount shall be payable in equal monthly installments paid concurrently with the payment of the Fixed Minimum Rent. (ii) The Insurance Charge shall be an additional part of the rent reserved under this Lease. (iii) As used in this Lease, the following definitions shall apply:

Insurance Charge. Insurance charge is payable on each Policy monthiversary for the cost of providing the Death Benefit and Terminal Illness Benefit. The insurance charge is payable throughout the policy term and is deducted through cancellation of units from the Regular Premium Account on each Policy monthiversary. The insurance charge is based on the Life insured’s attained Age, gender, smoker status as well as the net sum at risk at the time this charge is due. If the net sum at risk is less than or equals to zero, there shall be no insurance charge. Net sum at risk = 101% of (the total regular Premium paid less All partial withdrawals made from the Regular Premium Account) less Regular Premium Account Value "All partial withdrawals made from the Regular Premium Account" refers to all past partial withdrawal amounts paid to You from the Regular Premium Account including partial withdrawal charge imposed. If the balance in the Regular Premium Account is insufficient to cover the applicable fees and charges due, the Policy will lapse and the remaining units in the Top-up Account (if any) will be payable to You as surrender value. The insurance charge for this Policy is guaranteed throughout the policy term. There is no insurance charge on the Top-up Account. Please refer to Appendix A for the insurance charge table.

Insurance Charge. This charge depends on whether you have elected the Guaranteed Minimum Death Benefit ("GMDB") feature and on the GMDB Protected Value option that you have elected. This charge is deducted daily from the assets in each of the Subaccounts. If you do not elect the GMDB feature, you do not elect a GMDB Protected Value option, and your death benefit is equal to the base death benefit as described in the Guaranteed Minimum Death Benefit section of the Contract. [ ] You have not elected the GMDB feature. Therefore, the daily rate is [0.00380909%], which is equivalent to an annual rate of [1.40%]. [ ] You have elected the GMDB feature and the GMDB Protected Value option of the Roll-Up. Therefore, the daily rate is [0.00434896%], which is equivalent to an annual rate of [1.60%]. [ ] You have elected the GMDB feature and the GMDB Protected Value option of the Step-Up. Therefore, the daily rate is [0.00434896%], which is equivalent to an annual rate of [1.60%]. [ ] You have elected the GMDB feature and the GMDB Protected Value option of the greater of the Roll-Up and Step-Up. Therefore, the daily rate is [0.00461849%], which is equivalent to an annual rate of [1.70%].

Insurance Charge. 7.1 Subject to clauses 7.2, 7.3 and 7.4, if it has been indicated in the front page of this agreement that the Limited Damage Waiver will apply for the Equipment, then: (a) the Insurance Charge specified on the front page of this agreement (“Insurance Charge“) will be added to the Fee and paid by the Customer as invoiced by the Owner; and (b) where the Equipment suffers loss or damage which is covered by the Owner’s insurance policy, the Customer’s liability to the Owner in relation to such loss or damage is limited to the excess payable under the Owner’s insurance policy (“Limited Damage Waiver”). 7.2 The Limited Damage Waiver applies only to loss or damage to the Equipment and not to any consequential losses, and does not limit, prejudice or affect any other obligation the Customer has under this agreement. 7.3 The Customer acknowledges that the Limited Damage Waiver will not apply where the Customer is in breach of any term of this agreement, or where the Owner's insurance policy does not cover the damage or loss for any reason including but not limited to loss or damage resulting from any negligent or intentional act or omission by the Customer, or where any proceeds received from the Owner’s insurance is in the opinion of the Owner insufficient to cover the repair or replacement of the Equipment. 7.4 The Customer must notify the Owner of its intended use and location of the Equipment prior to commencement of the Term to determine whether this will affect the Owner’s insurance policy. 7.5 If the Equipment is destroyed or damaged and any insurance money paid to the Owner is, in the opinion of the Owner, adequate to replace or repair the Equipment, the Owner will apply the insurance money for this purpose. Without affecting any other obligations of the Customer under this agreement, the Customer will pay to the Owner any shortfall between the insurance proceeds received and the cost to the Owner of replacing the Equipment with like equipment or repairing the Equipment. 7.6 If in the opinion of the Owner the insurance money received is not adequate to repair or replace the Equipment then the Owner may choose to terminate the agreement. Termination will not affect any rights, remedies, obligations or liabilities of either party for any act, omission, or other matter whatsoever arising prior to the termination of the agreement.

Insurance Charge. Tenant's Pro Rata Share of the insurance premiums. Landlord estimates, without any representation or warranty but in good faith based on Landlord's experience with the Shopping Center, that Tenant's Pro Rata Share of the insurance premiums for the first Lease Year will be approximately $0.05 per square foot. (See Section 17.3).

Insurance Charge. Lease year #1 - $1080.00; $ 90.00 per month. Additional charges to be calculated pursuant to Article 6.

Insurance Charge. This charge depends on whether you have elected the Guaranteed Minimum Death Benefit ("GMDB") feature. This charge is deducted daily from the assets in each of the Subaccounts. If you do not elect the GMDB feature, you do not elect a GMDB Protected Value option either, and your death benefit is equal to the base death benefit as described in the GMDB section of the contract. [ ] You have not elected the GMDB feature. Therefore, the daily rate is 0.00380909%, which is equivalent to an annual rate of 1.40%. [ ] You have elected the GMDB feature and the GMDB Protected Value option of the Step-Up. Therefore, the daily rate is 0.00434896%, which is equivalent to an annual rate of 1.60%. The following variable investment options are available through allocation to subaccounts of the Pruco Life of New Jersey Flexible Premium Variable Annuity Account. We reserve the right to limit the availability of the below options, if necessary, in order to comply with federal, state or local law. Prudential Global Portfolio Prudential ▇▇▇▇▇▇▇▇ Portfolio Prudential Money Market Portfolio Prudential Stock Index Portfolio SP Aggressive Growth Asset Allocation Portfolio SP AIM Aggressive Growth Portfolio SP AIM Growth and Income Portfolio SP Alliance Large Cap Growth Portfolio SP Alliance Technology Portfolio SP Balanced Asset Allocation Portfolio SP Conservative Asset Allocation Portfolio ▇▇ ▇▇▇▇▇ Value Portfolio SP Deutsche International Equity Portfolio SP Growth Asset Allocation Portfolio SP INVESCO Small Company Growth Portfolio ▇▇ ▇▇▇▇▇▇▇▇ International Growth Portfolio SP Large Cap Value Portfolio SP MFS Capital Opportunities Portfolio SP MFS Mid Cap Growth Portfolio SP PIMCO High Yield Portfolio SP PIMCO Total Return Portfolio SP Prudential U.S. Emerging Growth Portfolio SP Small/Mid Cap Value Portfolio SP Strategic Partners Focused Growth Portfolio The following interest rate investment options are currently available. We may add other options in the future. Currently, you may select any Allocation Option which is available at the time the Purchase Payment or transfer is made, with the exception of the DCA Fixed Rate Investment Option for which there may be certain limitations. An amount of at least $5,000 must be allocated to the DCA Fixed Rate Investment Option, and at least 1% of the Invested Purchase Payment must be allocated to any other Allocation Option. Allocations made pursuant to automatic rebalancing or dollar cost-averaging (not part of a DCA Program) are not...

Insurance Charge. We will charge an insurance charge on Your policy on each policy monthiversary for the cost of providing the Benefit under this rider. The insurance charge is payable throughout the policy term and is deducted through cancellation of units of the Basic policy on each policy monthiversary. The insurance charge is based on the Life insured’s attained age, gender, smoker status as well as the net sum at risk at the time this charge is due. If the net sum at risk is lesser than or equals to zero, there shall be no insurance charge. Net sum at risk = 105% of (the total Premium paid plus Top-up less withdrawal) less Account Value, subject to a minimum of 0 The insurance charge for this rider is not guaranteed and may change depending on the claims experience. We will write to you to tell you the new insurance charge at least thirty (30) days before we make any changes. Please refer to Appendix A for the insurance charge rate.

Insurance Charge. Tenant shall pay as an insurance charge ("Insurance ---------------- Charge") each Lease Year during the Term following the Delivery Date (and the time between the Delivery Date and the beginning of the first Lease Year) an amount equal to the cost of maintaining casualty and liability insurance coverage on the Leased Premises as required by paragraph 7.b. of this Lease. ------------- i. Common Area Charge. Tenant shall pay as common area charge ("Common ------------------ Area Charge") each Lease Year and the Partial Lease Year during the Term following the Rental Commencement Date an amount equal to Landlord's share of annual costs payable under the RDOEA for Common Area expenses. 4. Improvements, Signs, Additions and Repairs. ------------------------------------------ a. Delivery of Possession for Tenant's Work. Landlord covenants that ---------------------------------------- actual possession of the Leased Premises shall be delivered to Tenant ready for Tenant's Work as defined in Exhibit F attached hereto on the Delivery Date. To --------- the extent Developer makes the Leased Premises available for Tenant's Work prior to the Delivery Date, Tenant shall comply with all of the terms of the Work Letter, as though the Delivery Date had occurred, and pay all utilities consumed in the performance of such Tenant's Work (subject to reimbursement as part of Landlord's Contribution to the extent otherwise included therein), provided, however, that Landlord shall not have the obligation to make any payments of Landlord's Contribution or to pay for Tenant's Owner Policy of Title Insurance (with Leasehold Endorsement) in the amount of the cost of Tenant's Work until the Delivery Date, if at all.