Net Deposit definition

Net Deposit means a Deposit after deducting any Rider Premiums, and after deducting the sales and administration expense charge applicable to such Deposit and any applicable premium taxes (see Application of Deposits under Accumulation of Funds).
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Net Deposit means the Net Deposit amount set out on Page 1.
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Net Deposit. The Net Deposit is $250,000,000.00.
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Examples of Net Deposit in a sentence

  • This Agreement shall become effective only upon the receipt by Principal Life or its designee of the Net Deposit.

  • Principal Life agrees to accept, and the Agreement Holder agrees to pay or cause to be paid to Principal Life, for value on the Effective Date, the Net Deposit (as specified in the Annex).

  • Except as may be specifically noted in the Annex, the Net Deposit and all payments under Section 7 of this Agreement shall be made using the currency or currencies as specified in the Notes.

  • Upon receipt of the Net Deposit, Principal Life will establish, under this Agreement, a bookkeeping account in the name of the Agreement Holder, which will evidence Principal Life’s obligations under this Agreement.

  • Upon the receipt by GLAIC of the Net Deposit Amount, GLAIC will establish an Accumulation Fund.


More Definitions of Net Deposit

Net Deposit. The Net Deposit is $149,556,000.00.
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Net Deposit. The Net Deposit is $300,000,000.00.
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Net Deposit means the Deposit less any Escrow Closing Payments.
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Net Deposit means the difference between total deposits and total withdrawals in the Qualified Trader’s Account.
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Net Deposit. The Net Deposit is749 Million Euro Republic of Finland 6% Bonds Common Code: 008120510 ISIN: FI0001004558
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Net Deposit. The Net Deposit is $49,889,900.00.
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Net Deposit means $99,000,000.
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