Contract Owner means the holder of interests in a variable annuity or variable life insurance contract issued by the Company.
Letter of Intent (LOI means an intimation by a letter to Bidder that their Tender has been accepted in accordance with the provisions contained in the letter and hence to take preparatory steps and compliance of formalities to commence the work from the date desired by Owner.
Limit Order means an order to buy or sell a financial instrument at its specified price limit or better and for a specified size;
sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;