ANNUAL ADMINISTRATION CHARGE definition

ANNUAL ADMINISTRATION CHARGE. LL&A will deduct the amount stated in Section 1.5 from each Participant's Account each year on the last Business Day of the month in which his Participation Anniversary occurs unless the Contractholder pays the charge in a single payment. If the Participant's Account balance is less than this amount on that day, LL&A will deduct the entire balance from his Account. When a Total Withdrawal of a Participant's Account, as defined in Section 7.2, occurs on a date other than the last Business Day of the month in which his Participation Anniversary occurs, LL&A will first deduct the amount stated in Section 1.5 from his Participant's Account.
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ANNUAL ADMINISTRATION CHARGE. LL&A will deduct the amount stated in Section 1.5 on a pro-rata basis from the Participant's Variable Investment Division Account balance each year on the last Business Day of the month in which his Participation Anniversary occurs unless the Contractholder pays the charge in a single payment. If the Participant's Variable Investment Division Account balance is less than this amount on that day, LL&A will deduct the entire balance from his Variable Investment Division Account. When a Participant requests, on a date other than the last Business Day of the month in which his Participation Anniversary occurs,
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ANNUAL ADMINISTRATION CHARGE. Lincoln Life will deduct the amount stated in Section 1.5 from each Participant's Account each year on the last Business Day of the month in which his Participation Anniversary occurs unless the Contractholder pays the charge in a single payment. If the Participant's Account balance is less than this amount on that day, Lincoln Life will deduct the entire balance from his Account. When a Total Withdrawal of a Participant's Account, as defined in Section 7.2, occurs on a date other than the last Business Day of the month in which his Participation Anniversary occurs, Xxxxxxx Life will first deduct the amount stated in Section 1.5 from his Participant's Account.
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Examples of ANNUAL ADMINISTRATION CHARGE in a sentence

  • ANNUALIZED MORTALITY AND EXPENSE CHARGE 1.25% ANNUALIZED RATE OF DAILY ADMINISTRATIVE FEE 0.15% ANNUAL ADMINISTRATION CHARGE $30.00* * If the policy value on the policy anniversary is $35,000 or more, we will waive the policy administration charge for the prior policy year.

  • The Policy Details page is changed as follows: - "*" is added after the words "ANNUAL ADMINISTRATION CHARGE $30) - The sentence: "* If the policy value on the policy anniversary is $35,000 or more, we will waive the policy administration charge for the prior policy year" is added.

  • The following Articles and/or Sections under this Contract will not be applicable: (i) Section 3.6 ANNUAL ADMINISTRATION CHARGE, (ii) ARTICLE VI - TRANSFERS BETWEEN DIVISION AND SUB-ACCOUNTS, (iii) ARTICLE VII - WITHDRAWALS AND DISTRIBUTIONS, (iv) ARTICLE IX - ANNUITIES, and (v) ARTICLE X - LOANS.

  • He earned many awards and recognitions for those organisations from national and international bodies like FAI, IFA, etc.Shri Singh presented / published many papers in FAI, IFA, AICHE (Chem) journals.

  • INITIAL PREMIUM $5,000.00 ANNUALIZED MORTALITY AND EXPENSE CHARGE 1.25% ANNUALIZED RATE OF DAILY ADMINISTRATIVE FEE 0.15% ANNUAL ADMINISTRATION CHARGE $30.00* * If the policy value on the policy anniversary is $35,000 or more, we will waive the policy administration charge for the prior policy year.


More Definitions of ANNUAL ADMINISTRATION CHARGE

ANNUAL ADMINISTRATION CHARGE. Lincoln Life will deduct the amount stated in Section 1.5 on a pro-rata basis from the Participant's Variable Investment Division Account balance each year on the last Business Day of the month in which his Participation Anniversary occurs unless the Contractholder pays the charge in a single payment. If the Participant's Variable Investment Division Account balance is less than this amount on that day, Lincoln Life will deduct the entire balance from his Variable Investment Division Account. When a Participant requests, on a date other than the last Business Day of the month in which his Participation Anniversary occurs,
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ANNUAL ADMINISTRATION CHARGE. Twenty-five dollars ($25) per Participant Twenty-five dollars ($25) per Participant who allocates a contribution, during the year ending on a Participation Anniversary, to any one (1) or more of the Sub-Accounts established in the Variable Investment Division. Form No.: GAC 96-101 (NY) 5
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ANNUAL ADMINISTRATION CHARGE means the amount payable in equal weekly instalments by you towards the expenses and outgoings incurred in the operation, management, administration, maintenance, supervision and insurance of the Village by the Operator (including the Common Property in the Village) and such costs includes all Rates if not directly billed and paid by you or separately assessed for the Unit and on-charged to the Resident by the Operator upon receipt of the rates demand from the relevant territorial authority.
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ANNUAL ADMINISTRATION CHARGE. $30 covers some costs of administration, deducted on each Contract Anniversary. The Administration Charge is waived if the Contract Account Value exceeds $75,000 at the time the Administration Charge is deducted. Daily Mortality and Expense Charge: 1.15% per year of Variable Account Value. Covers mortality and expense risks, and certain administrative costs, deducted from the Variable Account Unit Values every calendar day at an amount equal to an effective annual rate.
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ANNUAL ADMINISTRATION CHARGE. OPTION 1: [Twenty-five dollars ($25)] per Participant OPTION 2: [Twenty-five dollars ($25)] per Participant who allocates a contribution, during the year ending on a Participation Anniversary, to any one (1) or more of the Sub-Accounts established in the Variable Investment Division
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Related to ANNUAL ADMINISTRATION CHARGE

  • Administration Charge means a charge established in accordance with Chapter 90.50A RCW and Chapter 173-98 WAC, to be used to pay Ecology’s cost to administer the State Revolving Fund by placing a percentage of the interest earned in an Administrative Charge Account.

  • Societal benefits charge means a charge imposed by an electric

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay the customer's share of transition costs.

  • Annual Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Issuer and its Subsidiaries.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Administration Costs means (i) the costs and expenses associated with the production and dissemination of the Notice (as defined in Section 2.10); (ii) all reasonable costs incurred by the Settlement Administrator (as defined in Section 1.40) in administering and effectuating this Settlement, which costs and expenses are necessitated by performance and implementation of this Agreement and any Court orders relating thereto; (iii) all reasonable fees charged by the Settlement Administrator; and (iv) any other costs associated with the settlement, including but not limited to any amounts charged by TIAA or Vanguard.

  • Collateral Administration Agreement An agreement dated as of the Closing Date among the Issuer, the Collateral Manager and the Collateral Administrator, as amended from time to time in accordance with the terms thereof.

  • Administration Fee means the fee payable to the Administrator pursuant to Section 3 of the Administration Agreement.

  • Settlement Administration Expenses means the Settlement Administrator’s fee, and the expenses incurred by the Settlement Administrator in providing Notice, processing exclusions and objections, responding to inquiries from members of the Settlement Class, mailing Settlement checks, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Administration Fees The sum of (i) the Servicing Fee, (ii) the Master Servicing Fee and (iii) the Credit Risk Management Fee.

  • IPN Portal Administrator means the USAID official designated by the Director, M/OAA, who has overall responsibility for managing the USAID Implementing Partner Notices Portal for Assistance.

  • Issuer Administration Agreement means that certain issuer administration agreement, dated as of the date hereof, among the Administrator, the Issuer, the Transferor and the Indenture Trustee, as amended or supplemented from time to time.

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Administrative Cost Rate As of any date of determination, a rate equal to the sum of the Servicing Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Ongoing Fee Rate, the CREFC® Intellectual Property Royalty License Fee Rate and the Trustee/Certificate Administrator Fee Rate.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Medication administration means the direct application of a medication or device by ingestion, inhalation, injection or any other means, whether self-administered by a resident, or administered by a guardian (for a minor), or an authorized health care provider.

  • Swap Administration Agreement As defined in Section 4.08(b).

  • Administration Account As defined in Section 7.02.

  • Transition bond charge means a charge, expressed as an

  • Customs Administration means the competent authority that is responsible under the law of a Party for the administration of customs laws and regulations;

  • Change in Control Protection Period means the period commencing on the date a Change in Control occurs and ending on the first anniversary of such date.

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and otherwise administering or carrying out the terms of the Settlement. Such costs may include, without limitation: escrow agent costs, the costs of publishing the summary notice, the costs of printing and mailing the Notice and Proof of Claim, as directed by the Court, and the costs of allocating and distributing the Net Settlement Fund to the Authorized Claimants. Such costs do not include legal fees.