Annual Date of Renewal definition

Annual Date of Renewal means the date on which the Policy is due for renewal as specified in the Schedule;
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Annual Date of Renewal means the date as stated in the Schedule;
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Examples of Annual Date of Renewal in a sentence

  • We will specify the Premium payable to renew the Policy which must be received by Us before the Annual Date of Renewal for the Policy to be renewed.5.2. If We do not receive the Premium payable on the Annual Date of Renewal in full, You shall be deemed to have discontinued payment of Premiums and this Policy shall terminate.

  • We will specify the Premium payable to renew the Policy which must be received by Us before the Annual Date of Renewal for the Policy to be renewed.

  • The Rider Premium rates are not guaranteed and may change at the time of renewal of the Rider.4.2 The insurance coverage of a Member under this Rider shall automatically terminate on the occurrence of the first of the following events during the Rider Term:4.2.1. the Member’s death;4.2.2. payment of Rider Sum Assured; 4.2.3. on Annual Date of Renewal, if the Member’s Age is 75 (Seventy five) years; or 4.2.4. on termination of this Rider for the entire group.

  • The Rider Premium rates are not guaranteed and may change at the time of renewal of the Rider.4.2. The insurance coverage of a Member under this Rider shall terminate on the occurrence of the first of the following events during the Rider Term:4.2.1. the Member’s death; 4.2.2. payment of Rider Sum Assured; 4.2.3. on Annual Date of Renewal, if the Member’s Age is 66 (Sixty Six) years; or 4.2.4. on termination of this Rider for the entire group.

  • The coverage of a Member under this Rider shall automatically terminate on the occurrence of the first of the following events during the Rider Term:• the Member’s death;• On payment of Critical Illness benefit under this Rider• On Annual Date of Renewal, if the Member’s Age is more than the maximum entry ageallowed under this Rider;• On termination of this Rider for the entire group.

  • We reserve the right to re-determine the Free Cover Limit on any Annual Date of Renewal.

  • We will specify the renewal premium which may be different from the Premium in the previous Policy Years and which must be received by Us before the Annual Date of Renewal for the Policy to be renewed.

  • However, insurance cover in respect of the existing Members will continue until the expiry of the Period of Coverage.2. REVIVAL OF INSURANCE COVERAGE2.1. If the insurance cover in respect of a Member is ceased due to any technical reason such as insufficient balance in the saving bank account or any administrative issue on the Annual Date of Renewal, the same can be reinstated with Our prior written consent after the receipt of full Premium.

  • Pro-rata Premium payment will not be allowed in case of renewal.5.2. If We do not receive the Premium payable on the Annual Date of Renewal in full, You/Member shall be deemed to have discontinued payment of Premiums and Member cover shall discontinue.

  • However, the requirement of being Actively at Work is not applicable to Members existing on the Annual Date of Renewal and in takeover policies (the policies existing with another insurer and taken over by Us).

Related to Annual Date of Renewal

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Year means a calendar year.

  • Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA;

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Scheduled Termination Date means the date which is 364 days after the date of this Agreement or such later date specified by the Standby Redraw Facility Provider pursuant to clause 2.3.

  • Initial Termination Date shall have the meaning set forth in Section 7.1(b).

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Initial Term has the meaning set forth in Section 7.1.

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Offering Commencement Date means the first day of each Offering Period.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Performance Date means December 31, 2022. If the Locality, in consultation with the Authority and VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, the Locality may, prior to the then-current Performance Date, request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.

  • Grant Date means the date on which the Committee adopts a resolution, or takes other appropriate action, expressly granting an Award to a Participant that specifies the key terms and conditions of the Award or, if a later date is set forth in such resolution, then such date as is set forth in such resolution.

  • Annual Award means the cash payment paid or payable to the Executive with respect to a fiscal year under the Corporation's Incentive Compensation Performance Plan.

  • Renewal Period the period described in clause 13.1.

  • Date of Commencement of Risk means the date specified in the Schedule (unless the Policyholder is informed otherwise by the Company) from which the risk cover of the Life Assured commences under the Policy.