Minimum Sum definition

Minimum Sum means the sum specified in paragraph 3 of Annex 8;

Minimum Sum. , in relation to a member, means the minimum sum referred to in section 15(6)(a) that is applicable to the member;

Minimum Sum means the minimum sum or sums set out in Schedule 2.

Examples of Minimum Sum in a sentence

• 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.

• 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 Company will not reduce the Death Benefit to less than the Guideline Minimum Sum Insured.

• Minimum Sum Assured on DeathIn case of Lumpsum Benefit, the Sum Assured on Death is of 10 times of annualized premium.

• Under the Death Benefit Option 1, the death benefit is the greater of either the Face Amount of insurance or the Guideline Minimum Sum Insured.

More Definitions of Minimum Sum

Minimum Sum means the sum referred to in section 15 (6) (a);

Minimum Sum means the minimum level of professional indemnity insurance stipulated in the Letter. If no amount is stipulated in the Letter then the Minimum Sum shall be £5,000,000. “Part(y)/(ies)” shall mean the Employer and the Consultant 'Prohibited Act' means:

Minimum Sum means the excess under the insurance policy maintained by the Station Facility Owner pursuant to Condition 22.1, as notified by the Station Facility Owner from time to time;

Minimum Sum means the sum declared by the Board under section 42; “Minister” means the Minister of Finance;

Minimum Sum means the sum declared by the Board under section 42; “Minister” means the Minister responsible for finance;10

Minimum Sum means the sum of 1,700,000 US$ that NEWCO is obliged to contribute to MIDAS, or to spend or advance on behalf of MIDAS, according to Clauses 6.3 and 27.1.

Minimum Sum means £10,000;