Keyman life insurance definition

Keyman life insurance means insurance on staff members for which the school is the beneficiary of the life insurance policy.

Keyman life insurance a keyman life insurance policy on the life of Xxxxxx X. Xxxxxxxx, Xx. in an amount of at least $5,000,000 and on other terms and conditions and from an insurance company acceptable to the Agent.

Keyman life insurance means the keyman life insurance policy on the life of H.O. Xxxxx, III issued by Northwestern Mutual (or any replacement policy).

Examples of Keyman life insurance in a sentence

• Keyman life insurance may be required on the principals in the amount of the loan naming the Town of Hartford as beneficiary and assignee.

• Keyman life insurance policy as available-for-sale at fair value through other comprehensive income Group and Company 20172016 $’000 $’000 Fair value at beginning of year887 The investment-linked keyman insurance policy relates to life insurance policy purchased by the Company for one of its executive directors.

• The Parties agree that the Company shall apply for and procure as owner and for its own benefit, Key-man life insurance policies in the amount of five hundred thousand ($500,000) dollars with respect to each of the Akanas Members.

• Key-man life insurance may also be required.• All PADD lending programs require the creation or retention of jobs.

• The Parties agree that New Akanas shall apply for and procure as owner and for its own benefit, Key-man life insurance policies in the amount of five hundred thousand ($500,000) dollars with respect to each of the Akanas Members.

• The Parties agree that PharmaHub may, at its cost and in its sole discretion, at any time after the date of the execution of this Agreement, apply for and procure as owner and for its own benefit, Key-man life insurance policies in an amount up to two hundred thirty thousand ($230,000) dollars with respect to each of the Akanas Members.

• In the NCA's view, the companies involved had collaborated to share the market between them in the period 2011 to 2017.

• Group and Company 20172016 $’000 $’000 Keyman life insurance policy as available-for-sale at fair value through other comprehensive income (note 16A) 840 887Financial asset designated as at fair value through profitor loss (note 16B) 4,881 – 5,721887 NOTES TO THE FINANCIAL STATEMENTSYEAR ENDED 31 DECEMBER 2017 16.

• The bank and SBA have a junior security interest in all inventory, accounts receivable, equipment and intangibles of the Company and assignment of Keyman life insurance.

• Xxxxxxx or any of the persons listed on Schedule 1.01A hereof --AS400 Computer currently located at the premises of Vitelco --Key-man life insurance policies on the life of Xxxxxxx X.

More Definitions of Keyman life insurance

Keyman life insurance means a keyman life insurance policy on Xxxxxxx X. Xxxxxxxx from an insurance company and on terms and conditions acceptable to the Agent, in an amount of at least $10,000,000. "L/C ISSUER" has the meaning ascribed to it in ANNEX B. "L/C SUBLIMIT" has the meaning ascribed to in it ANNEX B.

Keyman life insurance means the keyman life insurance policy on the life of H.O. Woltz, III issued by Northwestern Mutual (or any replacement policy).

Keyman life insurance means the life insurance policy on the life of Anthxxx Xxxxxx xxxued by Transamerica Occidental Life Insurance Company or such other insurance company acceptable to the Agent in a face amount of not less than $10,000,000, and any supplemental or replacement policies relating thereto.