Examples of Eligible Policies in a sentence
Eligible Policies: o For Automatic policies, CEDING COMPANY retained its full Automatic Share.
Sport Organisations must adopt and implement this Policy as their complaints management policy for complaints arising under all Eligible Policies.
In addition, each Eligible Policyholder will be allocated a Basic Variable Component of consideration if the Actuarial Contribution of any of the Eligible Policies owned by the Eligible Policyholder is positive.
Eligible Policy which you hold in your own name and one which you hold jointly with someone else?You’ll receive one Voting Form and one vote by number for all of the Eligible Policies which you hold in your own name.
MLMIC will determine with utmost good faith the Policyholder of any Policy (including Eligible Policies) as of any date on the basis of the MLMIC Records as of such date.
In such event, such Eligible Policyholders receive additional consideration equal to the product of (x) and (y), where (x) equals the excess of (i) the ratio of the average trading price to the Initial Stock Price over (ii) 1.1, and (y) equals the amount of their calculated consideration (i.e., the sum of the Basic Fixed Component, any Basic Variable Component, and any Additional Components) on such Eligible Policies.
Section 7.5 of the Plan defines the basis under which this adjustment is made with respect to Eligible Policyholders who receive cash or policy credits as a form of consideration with respect to any of his or her Eligible Policies if the average trading price of the stock in the 20 days following the IPO exceeds the Initial Stock Price by more than 10%.
Section 7.1 of the Plan defines the basis under which an Additional Fixed Component and an Additional Variable Component will be allocated to Eligible Policyholders who do not receive shares of stock as a form of consideration with respect to any of his or her Eligible Policies.
The amounts allocated to Eligible Policyholders shall vary according to the premiums properly and timely paid under their Eligible Policies, and shall be payable to Eligible Policyholders, or their Designees, as described in Article 8 of this Plan of Conversion, in respect of the extinguishment of all Policyholder Membership Interests.
You can find your Voting Value at the top of the Voting Form we’ve sent you.However, the position is slightly different if you hold one or more Eligible Policies in your own name, and also hold one or more Eligible Policies jointly with someone else.