PREMIUM WAIVER. If the Policy contains a premium waiver provision, any such waived amounts shall be considered for all purposes of this Agreement as having been paid by the Bank.
PREMIUM WAIVER. If the Policy contains a premium waiver provision, any premium waived shall be considered for all purposes of this Agreement as having been paid by Owner.
PREMIUM WAIVER. There is no right to premium waiver under the insurance.
PREMIUM WAIVER. If the Policy contains a disability waiver of premium provision or waiver of monthly deduction, any waived amounts shall be considered for all purposes of this Agreement as having been paid by the Employee and all provisions herein relating to Policy cash values and death proceeds shall be construed accordingly should such premium waiver become effective.
PREMIUM WAIVER. If subject policy contains a disability waiver of premium provision or waiver of monthly deduction, any waived amounts shall be considered for all purpose of this Agreement as having been paid by Owner.
PREMIUM WAIVER. If an employee becomes totally disabled prior to his sixty-fifth (65th) birthday, all premiums for the employee and his family, falling due after six (6) months continuous disability, will be waived while disability continues until such time as insurance would normally terminate. Claims Procedure: Please note that written proof of loss, in the case of Voluntary Accidental Death and Dismemberment coverage, is required within ninety (90) days after the date of such loss.
PREMIUM WAIVER. Premium waiver is granted in respect of the time that the period of sickness lasts after the applicable qualifying period and in proportion to the level of impairment to work capacity. If work capacity is reduced by at least 25 per cent, the insurance provides entitlement to premium waiver for as long as the work disablement lasts, though at most to the agreed retirement age, in respect of the premium agreed and actually paid for the Long term disability insurance - PlanSjuk, the Premium waiver insurance and the Survivor’s pension insurance. In case of Premium waiver insurance, the premium waiver is granted during the agreed payment of premium period applicable for the underlying pension insurance, at the longest.
PREMIUM WAIVER. If the Policy contains a premium disability waiver provision, any premium waiver shall be considered for purposes of this Agreement as having been paid by the Policyowner.
PREMIUM WAIVER. If the Policy contains a premium waiver provision, any premium waived shall be considered for all purposes of this Agreement as having been paid by Owner. XIV. AMENDMENT This Agreement may be amended at any time and from time to time by a written instrument executed by Employer, Owner and Insured, and, if appropriate, their respective heirs, successors, personal representatives and assignees. XV.
PREMIUM WAIVER. If the Policy contains a premium waiver provision, any such waived amounts shall be considered for all purposes of this Agreement as having been paid by the Company. Mountain Bank Holding Company Split Dollar Agreement
