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 $300,000,000.00.
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Net Deposit means the Deposit less any Escrow Closing Payments.
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Net Deposit. The Net Deposit is $149,556,000.00.
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Net Deposit. The Net Deposit is $o.
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Net Deposit means the total amount deposited after 3rd party fees and withdrawals have been deducted; Pepperstone, we, us, our means Pepperstone Operations Pty Ltd ACN 637 203 448; Pepperstone Group means Pepperstone and any entity that directly or indirectly controls, or is controlled by, or is under common control with Pepperstone. Control , for purposes of this definition, means direct or indirect ownership or control of more than 50% of the voting interests of Pepperstone. Privacy Policy means the policies located in the ‘Legal Documentation’ section of our Website;
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Net Deposit. The Net Deposit is USD 298,317,000. Deposit: Regardless of the amount of the Net Deposit, the Deposit is deemed to be USD 300,000,015. Bank and Account: Wxxxx Fargo Bank Iowa, N.A (ABA No.: 100000000) Acct. No.: 0000901239
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Net Deposit is total deposit amount minus total withdraws and chargebacks. “Chargeback” is total refunded deposits due to fraudulent or disputed transactions.
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