Minimum Initial definition

Minimum Initial. Cession: None. The Ceding Company will retain up to an additional [percentage] over its maximum retention in order to avoid trivial amounts of reinsurance.
Sample 1Sample 2Sample 3
Minimum Initial. Cession: None for automatic cessions. For facultative cessions, the minimum cession shall be [dollar amount] up to age 70, and [dollar amount] for ages over 70.
Sample 1Sample 2Sample 3
Minimum Initial. Cession Amount shall have the meaning set forth in Section 4.a of Exhibit B. OFAC shall have the meaning set forth in Section 15.5. Party, or collectively Parties, shall have the meaning set forth in Section 1.1. Personal Information shall have the meaning set forth in Section 24.1. Policy shall mean [ ] for facultative reinsurance purposes, the bank owned life insurance and the corporate owned life insurance policy issued to the Policy Owner. Policy Net Amount at Risk shall have the meaning set forth in Section 6.1.
Sample 1

Examples of Minimum Initial in a sentence

  • During the Initial Offer, investors must subscribe for at least the Minimum Initial Subscription amount.

  • Following the Initial Offer, investors, in the case of an initial subscription into the Fund, must subscribe for at least the Minimum Initial Subscription amount and existing Shareholders will be required to subscribe for at least the Minimum Subsequent Subscription amount.

  • Investors, in the case of an initial subscription into the Fund, must subscribe for at least the Minimum Initial Subscription amount.

  • The Directors reserve the right from time to time to waive any requirements relating to the Minimum Initial Investment Amount, the Minimum Additional Investment Amount and the Minimum Shareholding as and when they determine at their reasonable discretion.

  • In addition, the SICAV may, at its absolute discretion, either generally or in any particular case or cases, waive the Minimum Initial Subscription Amount.

  • When requesting the exchange of Shares as an initial investment in a Fund, Shareholders should ensure that the value of the Shares exchanged is equal to, or exceeds, the Minimum Initial Investment Amount for the relevant New Class specified in the Supplement for the relevant Fund.

  • The Company may decline any application for Shares in whole or in part without assigning any reason therefor and will not accept an initial subscription for Shares of any amount which is less than the Minimum Initial Subscription as set forth in the Supplement for the relevant Fund, unless the Minimum Initial Subscription is waived by the Directors.

  • The Minimum Initial Investment Amount, the Minimum Additional Investment Amount and the Minimum Shareholding of Shares of each Class of a Fund may vary and are set out in the Supplement for the relevant Fund.

  • When requesting the exchange of Shares as an initial investment in a Sub-Fund, Shareholders should ensure that the value of the Shares exchanged is equal to or exceeds the Minimum Initial Investment Amount for the relevant New Class specified in the Supplement for the relevant Sub-Fund.

  • No insurance will take effect under this policy until our underwriters approve issuance of this policy and the conditions specified in the application form have been satisfied, including receipt of at least the Minimum Initial Premium at our Service Office.


More Definitions of Minimum Initial

Minimum Initial. Cession Amount shall have the meaning set forth in Exhibit B and applied as provided for in Section 4.a. OFAC shall have the meaning set forth in Section 15.5. Owner shall mean the person who owns a Certificate. Party, or collectively Parties, shall have the meaning set forth in Section 1.1. Policy shall mean the Group Universal Life or Group Variable Universal Life Policy issued to the Policyholder. Policyholder shall mean the employer or sponsoring organization who purchases the Policy on behalf of its employees. Policy Net Amount at Risk shall have the meaning set forth in Section 6.1. Reinsurer shall have the meaning set forth in Section 1.1. Reinsurer’s Share shall have the meaning set forth in Exhibit B. Termination Date shall have the meaning set forth in Section 23.3. Underwriting Guidelines shall have the meaning set forth in Exhibit C.
Sample 1
Minimum Initial. Cession: None. The Ceding Company will retain up to an additional [percentage] over its maximum retention in order to avoid trivial amounts of reinsurance. If an international client does not meet the Ceding Company's financial or medical criteria, requires a flat extra or individual consideration under the Ceding Company's International Risk Guidelines, or if the country of origin or citizenship is not an agreed `A' or `B' location, then reinsurance will not be ceded automatically. The Ceding Company will promptly notify the Reinsurer of any proposed material changes in its international client guidelines. This Agreement will not extend to policies issued pursuant to such changes unless the Reinsurer has consented in writing to accept policies subject to such changes. EXHIBIT D (Revised January 1, 2005) REINSURANCE PREMIUMS
Sample 1
Minimum Initial means such amount or number of Shares (if any) as the Directors may from Investment Amount” time to time prescribe as the minimum initial subscription required by each Shareholder for Shares of each Class in a Fund as is specified in the Supplement for the relevant Fund;
Sample 1

Related to Minimum Initial

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.

  • Minimum means that the measured value of the quality characteristic or contaminant must not be less than the release limit stated.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment

  • Minimum Amount means the Minimum Amount as specified in § 1 of the Product and Underlying Data.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Maximum Program Amount means Common Shares with an aggregate Sales Price of the lesser of (a) the number or dollar amount of Common Shares registered under the effective Registration Statement (defined below) pursuant to which the offering is being made, (b) the number of authorized but unissued Common Shares (less Common Shares issuable upon exercise, conversion or exchange of any outstanding securities of the Company or otherwise reserved from the Company’s authorized capital stock), (c) the number or dollar amount of Common Shares permitted to be sold under Form S-3 (including General Instruction I.B.6 thereof, if applicable), or (d) the number or dollar amount of Common Shares for which the Company has filed a Prospectus (defined below).

  • Minimum Price shall have the meaning specified in Section 7.1(d).

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.