Examples of Minimum Sum in a sentence
Notwithstanding the foregoing, a special resolution at the meeting of the Bondholders may instruct the Trustee to distribute, to the Bondholders, any such amount, even where the cumulative sum as aforesaid is less than the Minimum Sum.
The initial Sum Insured at the Effective Date of Coverage shall not be less than the Minimum Sum Insured or more than the Maximum Sum Insured as defined in the Policy Schedule attached hereto.
The Company will not reduce the Death Benefit to less than the Guideline Minimum Sum Insured.
Notwithstanding the foregoing, a special resolution at the meeting of the Noteholders may instruct the Trustee to distribute, to the Noteholders, any such amount, even where the cumulative sum, as aforesaid, is less than the Minimum Sum.
Minimum Sum Assured on DeathIn case of Lumpsum Benefit, the Sum Assured on Death is of 10 times of annualized premium.