Common use of Loyalty Bonus Payment Clause in Contracts

Loyalty Bonus Payment. An Accumulating Loyalty Bonus will be credited to, and paid from, the Savings Account by the Manager to the Subscriber, or Benefciary at the Subscriber’s discretion, prior to Contribution Refunds and provided that, prior to the Accumulating Loyalty Bonus being credited to the Savings Account, the Subscriber or the Benefciary furnishes proof satisfactory to the Manager that either:

Loyalty Bonus Payment. An Accumulating Loyalty Bonus will be credited to, and paid from, the Savings Account by the Manager to the Subscriber, or Benefciary Beneficiary at the Subscriber’s discretion, prior to Contribution Refunds and provided that, prior to the Accumulating Loyalty Bonus being credited to the Savings Account, the Subscriber or the Benefciary Beneficiary furnishes proof satisfactory to the Manager that either: