SHARE OF PROCEEDS. Unless you specify otherwise, each beneficiary receiving payments will have an equal share in any Death Proceeds payable or any Annuity Income remaining payable.
SHARE OF PROCEEDS. NSV will receive and hold the Commercialisation Proceeds in accordance with clause 8.4 as agent for Prana in the proportions specified in Item 3 of Schedule 4. If no such proportions are specified, then the proportions specified in Item 2 of Schedule 4 will apply.
SHARE OF PROCEEDS. Unless you specify otherwise, each beneficiary in the same class of beneficiaries will have an equal share in any Death Proceeds payable. ----------------------------------------------------------------------- 14. SETTLEMENT PROVISIONS -----------------------------------------------------------------------
14.1 PAYMENT OF PROCEEDS. Proceeds from death or surrender are payable in a lump sum unless otherwise provided. On Death Proceeds, we will pay interest from the date of death until the date of settlement. Interest will be paid at the rate payable in Option 1 - Interest Income (see Section 14.2) or, if greater, the rate required by law. Instead of a lump sum, we may pay proceeds of $2,000 or more under any settlement option in Section 14.2 by means of a settlement agreement which we will issue.
SHARE OF PROCEEDS. Unless you specify otherwise, each beneficiary receiving proceeds will have an equal share in any Death Proceeds payable. ============================================================================ 4. PREMIUMS AND REINSTATEMENT ============================================================================
SHARE OF PROCEEDS. Unless you specify otherwise, each beneficiary in the same class of beneficiaries will have an equal share in any Death Proceeds payable. ICC16 W-WR-FPVA page 21 WR2100IC
SHARE OF PROCEEDS c. IIOE reiterates to RMST that it shall receive an undivided share of 50% (fifty percent) out of the contents recovered from the wrecks to be salvaged under the terms of the ESPG Agreement and of the Operating Agreement, less 6% (six percent) to be paid to other third parties.
d. RMST shall have an undivided share of 22% (twenty-two percent) to be taken within the undivided share of 44% (forty-four percent) which belongs to IIOE.
e. All financing provided by RMST under the Agreement and all subsequent agreements will be fully recoupable by RMST prior to distribution of proceeds. IIOE and Marubada Ltd (a Papua New Guinea company organized for the purpose of the ESPG Agreement and of the Operating Agreement) expenses shall also be recouped before proceeds are distributed. RMST is hereby granted the right to audit all of the applicable books and records of IIOE in accordance with the general principles of accounting.
SHARE OF PROCEEDS. Unless you specify otherwise, each beneficiary receiving proceeds will have an equal share in any Death Proceeds payable. V3-YC-VUL-9 page 9 Contract Number: V1234567 ---------------------------------------------------------------------------- 4. PREMIUMS AND REINSTATEMENT ----------------------------------------------------------------------------
4.1 PREMIUM PAYMENTS. The amount of the Planned Annual Premium is shown on page 3. The initial premium is due and payable on the Date of Issue. Premiums may be paid at any time and in any amount before Attained Age 100, subject to Section 4.3
SHARE OF PROCEEDS. Unless you specify otherwise, each beneficiary receiving payments will have an equal share in any Death Proceeds payable or any Annuity Income remaining payable. If this contract has two Annuitants and both die such that the order of death cannot be determined, then one- half of the Death Proceeds will be paid to the beneficiary of each Annuitant.
SHARE OF PROCEEDS. If Artist reproduces the Work for commercial use, Artist must credit the City as commissioning party, unless such credit is not reasonably feasible, and pay to the City 50% of the net proceeds earned by Artist from each reproduction thereof. If the City reproduces the Work or any form thereof for commercial use, the City will pay Artist 50% of the net proceeds earned by the City from any reproduction thereof. If either the City or Artist reaches an agreement with a third party for payment of monetary compensation in exchange for commercial use of the Work by the third party, Artist is entitled to receive 50% and the City is entitled to receive the other 50% of the negotiated monetary compensation.
SHARE OF PROCEEDS. If there is a Liquidity Event before the end of this Safe, the Investor will automatically be entitled (subject to the Liquidation Priority) to receive a portion of Proceeds, due and payable to the Investor immediately before, or at the same time as, the completion of such Liquidity Event, equal to the greater of:
(A) CASH-OUT AMOUNT - the Investment Amount (the “Cash-Out Amount”); or
(B) CONVERSION AMOUNT - the amount payable on the number of Ordinary Shares (the “Conversion Amount”), calculated as CA = IA / LP where StPP = Conversion Amount; IA = Investment Amount; and LP = Liquidity Price.
