Paid Up Additions definition

Paid Up Additions means the additional sum assured purchased from the Cash Bonus(es) declared under this Policy at rates approved by the Authority, which are not guaranteed;
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Paid Up Additions means the additional sum assured amounts which may be applied to the Policy in accordance with Clause 4.2.2.3 of Part C;
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Paid Up Additions. (“PUA”) means paid up additions payable by Us in accordance with Clause 2 (A) of Part C;
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Examples of Paid Up Additions in a sentence

  • The Paid Up Additions is payable in full on maturity and in case of surrender of Policy, surrender value of the Paid Up Additions will be paid.

  • TGF-β regulates inflammatory responses after injury in the peripheral and central nervous system (CNS) (Wyss-Coray et al., 1997), and functions as a survival factor for embryonic motoneurons, dopaminergic and neonatal sensory neurons in vitro (Chalazonitis et al., 1992; Krieglstein et al., 1995; Martinou et al., 1990; Poulsen et al., 1994).

  • The following conditions are applicable to Paid Up Additions: 4.2.2.3.1. You may withdraw the surrender value of Paid Up Additions (partially or in full) if the Policy is not in Reduced Paid Up Mode and provided that the amount proposed to be withdrawn is not less than INR 5,000 (Rupees Five Thousand) and not more than the maximum amount of surrender value of Paid Up Additions.

  • The Claimant will, however, not be entitled to exercise any of the following: 2.1.1.2.1. Surrender the Policy; 2.1.1.2.2. Withdraw the accrued Paid Up Additions (if any); 2.1.1.2.3. Change the bonus option applicable; or 2.1.1.2.4. Discount or defer any Money Back Payments.

  • These Paid Up Additions will also participate in the future Cash Bonuses declared by Us starting from the next Policy Anniversary.

  • The Paid Up Additions remaining after the withdrawal will continue to participate in future Cash Bonus declared by Us. 4.2.2.3.2. The surrender value of the Paid Up Additions will be determined basis the Paid Up Additions purchase rates.

  • The Cash Bonus declared will be used to purchase Paid Up Additions.

  • The guaranteed surrender value factors of Paid Up Additions will be calculated at an interest rate of 12% p.a. These surrender value factors are guaranteed for the Policy Term.

  • N: Policy Year of surrenderN: Policy Year of surrender 1.5.2. The guaranteed surrender value of accrued Paid Up Additions, if any, will be calculated by Us by multiplying the accrued Paid Up Additions with the guaranteed surrender value factors for accured Paid Up Additions.

  • The Guranteed Surrender Value will be sum total of the following: 1.5.1.1. Higher of: 1.5.1.1.1. Guaranteed Surrender Value factors (as specified in the table below) multiplied by{Total Premiums less Extra Premium (if any) less the actual amount of Money Back Payments already paid, if any; or 1.5.1.1.2. 0 (zero); and 1.5.1.2. Guaranteed suurender value of the accrued Paid Up Additions, if any.


More Definitions of Paid Up Additions

Paid Up Additions means the additional sum assured purchased from the Cash Bonus(es) declared under this Policyat rates approved by theAuthority, which are not guaranteed;
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Related to Paid Up Additions

  • Annual Additions means the sum credited to a Participant's Accounts for any Limitation Year of (a) "employer" contributions, (b) Employee contributions (except as provided below), (c) Forfeitures, (d) amounts allocated to an individual medical benefit account, as defined in Code §415(l)(2), which is part of a pension or annuity plan maintained by the "employer," (e) amounts derived from contributions paid or accrued which are attributable to post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code §419A(d)(3)) under a welfare benefit fund (as defined in Code §419(e)) maintained by the "employer" and (f) allocations under a simplified employee pension. Except, however, the Compensation percentage limitation referred to in paragraph (e)(5)(ii) below shall not apply to: (1) any contribution for medical benefits (within the meaning of Code §419A(f)(2)) after separation from service which is otherwise treated as an "annual addition," or (2) any amount otherwise treated as an "annual addition" under Code §415(l)(1).

  • Maximum Potential Additional Dividend Liability, as of any Valuation Date, means the aggregate amount of Additional Dividends that would be due if the Corporation were to make Retroactive Taxable Allocations, with respect to any fiscal year, estimated based upon dividends paid and the amount of undistributed realized net capital gains and other taxable income earned by the Corporation, as of the end of the calendar month immediately preceding such Valuation Date and assuming such Additional Dividends are fully taxable.

  • Maximum allowable cost list means a list of drugs for

  • Annual Addition The sum of the following amounts allocated on behalf of a Participant for a Limitation Year, of (i) all Employer contributions; (ii) all forfeitures; and (iii) all Employee contributions. Except to the extent provided in Treasury regulations, Annual Additions include excess contributions described in Code Section 401(k), excess aggregate contributions described in Code Section 401(m) and excess deferrals described in Code Section 402(g), irrespective of whether the plan distributes or forfeits such excess amounts. Annual Additions also include Excess Amounts reapplied to reduce Employer contributions under Section 3.10. Amounts allocated after March 31, 1984, to an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer are Annual Additions. Furthermore, Annual Additions include contributions paid or accrued after December 31, 1985, for taxable years ending after December 31, 1985, attributable to post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)) under a welfare benefit fund (as defined in Code Section 419(e)) maintained by the Employer.

  • Excluded Deposits means (w) those deposit liabilities that are or would be considered “brokered deposits” for purposes of the rules and regulations of the FDIC, any of which, as of the date hereof, are listed on Exhibit 1.1(e)(i), (x) Escheat Deposits, (y) those deposit liabilities (i) related to a financial advisory relationship with Seller’s Xxxxxxx Xxxxx Wealth Management or US Trust divisions, (ii) related to a client managed relationship in Seller’s Business Banking, Middle Market, or Large Corporate divisions or any other non-retail division, (iii) linked to affinity relationships or programs set forth on Exhibit 1.1(e)(iii) (and such Exhibit 1.1(e)(iii) shall be updated by Seller as of 5:00 p.m., Eastern time, on the date that is five (5) Business Days prior to the Closing Date (and delivered to Purchaser on or before the date that is three (3) Business Days prior to the Closing Date), or (iv) that constitute security for loans that are not to be transferred to Purchaser under the terms of this Agreement, and (z) those deposit liabilities that have been opened by an employee (other than a Transferred Employee) or former employee of Bank of America Corporation.

  • Post-ARD Additional Interest Rate With respect to any ARD Mortgage Loan after its Anticipated Repayment Date, the incremental increase in the Mortgage Rate for such ARD Mortgage Loan resulting from the passage of such Anticipated Repayment Date.

  • Additional Account means each New Account and each Aggregate Addition Account.

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Capital Addition means, with respect to any Property, any renovation, repair or improvement to such Property, the cost of which constitutes a Capital Expenditure.

  • Collateral Additional Interest shall have the meaning specified in subsection 4.02(c).

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Casualty Retainage means an amount equal to ten percent (10%) of the costs actually incurred for work in place as part of the Restoration, as certified by the Casualty Consultant, until the Restoration has been completed. The Casualty Retainage shall in no event, and notwithstanding anything to the contrary set forth above in this Section 6.4(b), be less than the amount actually held back by Borrower from contractors, subcontractors and materialmen engaged in the Restoration. The Casualty Retainage shall not be released until the Casualty Consultant certifies to Lender that the Restoration has been completed in accordance with the provisions of this Section 6.4(b) and that all approvals necessary for the re-occupancy and use of the Property have been obtained from all appropriate governmental and quasi-governmental authorities, and Lender receives evidence satisfactory to Lender that the costs of the Restoration have been paid in full or will be paid in full out of the Casualty Retainage; provided, however, that Lender will release the portion of the Casualty Retainage being held with respect to any contractor, subcontractor or materialman engaged in the Restoration as of the date upon which the Casualty Consultant certifies to Lender that the contractor, subcontractor or materialman has satisfactorily completed all work and has supplied all materials in accordance with the provisions of the contractor’s, subcontractor’s or materialman’s contract, the contractor, subcontractor or materialman delivers the lien waivers and evidence of payment in full of all sums due to the contractor, subcontractor or materialman as may be reasonably requested by Lender or by the title company issuing the Title Insurance Policy, and Lender receives an endorsement to the Title Insurance Policy insuring the continued priority of the lien of the Mortgage and evidence of payment of any premium payable for such endorsement. If required by Lender, the release of any such portion of the Casualty Retainage shall be approved by the surety company, if any, which has issued a payment or performance bond with respect to the contractor, subcontractor or materialman.

  • Carrying Cost means book value of the assets and interest accrued thereon but not received;

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • Excess Additional Book Basis has the meaning given such term in the definition of “Additional Book Basis Derivative Items.”

  • Improvement warranty period means a period:

  • Controlled Deposit Amount means, with respect to any Transfer Date, the sum of (a) the Controlled Accumulation Amount for such Transfer Date and (b) any existing Accumulation Shortfall.

  • Eligible Projects means projects as described in Schedule B.

  • Nonrecoverable Property Protection Advance shall have the meaning assigned to the term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Excluded Amounts means:

  • Joint Account means an Account opened in more than one name;

  • Ineligible Account means an Account that at the time of determination is not an Eligible Account.

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • Maximum allowable residential density means the density allowed under the zoning ordinance and land use element of the general plan, or if a range of density is permitted, means the maximum allowable density for the specific zoning range and land use element of the general plan applicable to the project. Where the density allowed under the zoning ordinance is inconsistent with the density allowed under the land use element of the general plan, the general plan density shall prevail.