Deferment Period definition

Deferment Period means the period from Date of Inception till the date on which the first annuity payment is made by Us to the Annuitant as per Deferred Life Annuity Option. For this Policy under Deferred Life Annuity with Return of Purchase Price Option, the Deferment Period will be between 1 to 10 years (Integer Value) as chosen by the Annuitant at Date of Inception and is as specified in the Policy Schedule.

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Deferment Period means certain periods when no principal repayments need be made on FFELP Loans.

Deferment Period means the number of days a

Examples of Deferment Period in a sentence

The Benefit Period and the Deferment Period are as stated in the Schedule of Benefits.
As of the Initial Cutoff Date $[ ] total Principal Balance of Deferred Payment Receivables included in the Initial Receivables were Long Deferment Period Receivables.
Lender will provide Borrower the monthly payment amount after the Deferment Period.
Deferment Period shall mean a period at the beginning of a period of temporary disablement in respect of any one Accident during which a benefit is not payable.
Principal and interest payments are required at the earliest of: (i) the end of the Deferment Period; (ii) six (6) months after I stop attending school; or (iii) six (6) months after I am enrolled as less than a half-time student (and remain enrolled as less than a half-time student).

More Definitions of Deferment Period

Deferment Period means the period which is defined as the difference between the policy term and 2x Income Payout Period.

Deferment Period means the period, as specified in Schedule, at the end of which the Policyholder becomes entitled to receive the survival benefits in accordance with Section 5.

Deferment Period means the period specified in the Schedule

Deferment Period. : means the period mentioned in the COA (applicable for Option 7& 10). The Deferment Period shall be in years and not months. The deferment period shall be chosen by the Primary Annitant at inception and cannot be changed thereafter.

Deferment Period means the period (in complete years) chosen by the policyholder to postpone the Income Payout Period. Deferment period starts after the end of Premium Payment Term. Deferment Period chosen at inception cannot be altered during Policy Term.

Deferment Period means the period of time whilst Your Vehicle is Inoperative during which no payment will be made by Us.

Deferment Period. : What it means for you