Examples of Deduction Amount in a sentence
The Issuer shall pay an amount equal to the Interest Deduction Amount to the Swap Counterparty on such Payment Date by means of an additional payment under the Credit Default Swap.
This minimum premium will never be greater than an amount which results in a Cash Surrender Value equal to the current Monthly Deduction Amount plus the next two Monthly Deduction Amounts as of the date the Policy went into default.
If you do not provide this tax receipt within the specified time period, then all fees, inclusive of the Deduction Amount, will be immediately due and payable, and failure to pay these fees may result in your account being suspended or terminated for non-payment.
You will not be required to repay the Deduction Amount to us, provided that you present us with a valid tax receipt verifying payment of the Deduction Amount to the relevant tax authority within ninety (90) days from the date of the invoice.
REINSTATEMENT This policy may be reinstated at any time within three years from the date to which the Deduction Amount was paid, if: 1.