Monthly Due Date definition

Monthly Due Date means the date corresponding numerically with the Policy Commencement Date in each subsequent month.

Monthly Due Date means the date corresponding numerically with the date of the commencement of the Policy in each month subsequent to the month of commencement of the Policy.

Monthly Due Date means the date in any subsequent calendar month corresponding numerically with the date of the commencement of the Policy. In the event that there is no date in any subsequent calendar month corresponding numerically with the commencement date, then the due date shall be the last date in that subsequent calendar month.

Examples of Monthly Due Date in a sentence

• The GMDB Premium Target, as of any given Processing Date, equals (a) the Monthly GMDB Premium times the number of GMDB Premium Monthly Due Dates that have occurred since the Date of Issue (including the Date of Issue and such Processing Date) plus (b) interest applied to each Monthly GMDB Premium from its GMDB Premium Monthly Due Date to such Processing Date, with interest calculated at an annual effective rate of 4%.

• GMDB Premium Monthly Due Date shall mean the Date of Issue and each Processing Date thereafter.

• The Policy Administration Charge, as mentioned in the Schedule, will be deducted at each Monthly Due Date throughout the Policy Term by the cancellation of Units.

• Monthly Due Date means the date corresponding numerically with the Date of Commencement of the Policy in each month subsequent to the month of commencement of the Policy.

• Rider charges will be deducted on each Monthly Due Date throughout the Rider Term by cancellation of Units.

More Definitions of Monthly Due Date

Monthly Due Date means the date each month by which we must receive payment of your Fees;

Monthly Due Date means the unalterable fixed date of each month by which we must receive payment of a Due Amount, being the day before the date corresponding with the Commencement Date in the next months;

Monthly Due Date means the date corresponding numerically with the Date of Commencement of Policy in each subsequent month.

Monthly Due Date means the first day of each month.

Monthly Due Date means the date corresponding numerically with the Policy Commencement Date in each subsequent month during the pendency of the Policy.

Monthly Due Date. With respect to any Distribution Date, the first day of the month in which such Distribution Date occurs.

Monthly Due Date has the meaning specified in Section 2.07(c).