Default Option definition

Default Option means the option of each County set forth in Section 21(h) of this Agreement.
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Default Option means the option of Lessor to purchase the Residential Unit for a purchase price equal to the Maximum Resale Price as a Default Remedy as further described in Section 11.2(a)(1).
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Default Option means an option designated by you on the Set-Up Form for paying or returning Suspect Checks, in the absence of a timely Pay Request or Return Request. The Default Option may be either the “Return Default Option” or the “Pay Default Option.”
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Examples of Default Option in a sentence

  • Default Option: Growth Option Default Sub Option for Dividend: Normal Dividend payout.

  • MODE OF HOLDING Single ORJoint ORAnyone or Survivor Default Option: Joint (Please refer Instructions II) SOLE / FIRST APPLICANT'S PERSONAL DETAILS (Please fill in ALPHABETS and use one box for one alphabet, leaving one box blank between two words, as it appears in your PAN Card) NameMrMsM/s NAME ASPERPANCARD Address [P.

  • Default Option: Growth Option Default Sub Option for Dividend: Normal Dividend payout.Received from Mr./Ms./Mrs./M/s.

  • In the absence of such instruction, it will be assumed that the investor has opted for the Default Plan which shall be Direct Plan (for investments not routed through AMFI registered mutual fund distributor) and Default Option, which is Growth.

  • Please note that if the same is not mentioned, MAMF will allot you units under the Default Option of the scheme as stated below.


More Definitions of Default Option

Default Option means the option to either pay or return Exception Checks selected by Company in the Application.
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Default Option means the option described in Clause 4.6;
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Default Option means (i) the right of CGP under Article 48(a) and (ii) the right of TVP and/or Centrino under Article 48(b);
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Default Option means the Plan Option selected automatically for a policyholder who fails to make a valid election by the required date.
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Default Option has the meaning set out in Clause 11.3(b);
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Default Option means a notional investment in a balanced fund, selected by the University.
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Default Option means an option selected by Customer on the Positive Pay Schedule instructing Bank to either pay or return all Exception Items in absence of timely instructions from Customer in accordance with Section 4(a) below.
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