Payment Cessation Date definition

Payment Cessation Date means the date specified as the Payment Cessation Date in Policy Schedule 1.
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Examples of Payment Cessation Date in a sentence

  • All Premiums are due and payable to us, while the Life Insured is living, on every premium due dates throughout the premium payment period until the relevant Payment Cessation Date as specified in Policy Schedule 1 or the termination of the Policy, whichever is earlier.

  • Notwithstanding the aforesaid, “Hang Seng Insurance” reserves the right from time to time to review and vary all or any of the premium amounts payable before the Payment Cessation Date of the Basic Plan, provided any premium review and variation shall be applied to all similarly situated policyholder under this and all similar policies.

  • The premiums are payable to us while the Life Insured is alive, on or before the premium due dates up to but excluding the relevant Payment Cessation Date, or until the last premium due date prior to the date of termination of this Policy, if that is earlier.

  • Some, but not all, of these worker differences relate to a worker’s fitness for licensed practice.

  • If on and as of the Flip Date (1) the Preferred Equity has not been redeemed in its entirety and (2) the accrued (and compounded) Preferred Return and the accrued (and compounded) Class A Common Return have not been paid in full, then commencing on and as of the Flip Date and continuing until the Priority Payment Cessation Date, the Class B Common Equity will accrue a return at a rate of 10% per annum, compounded annually to the extent unpaid (the "CLASS B COMMON RETURN").

  • Premiums for this Supplementary Benefit are payable to us while the Life Insured is living, on or before the relevant premium due dates until the relevant Payment Cessation Date as stated in Policy Schedule 1 or in any Policy Endorsement.

  • Premiums for this Supplementary Benefit are payable to us while the Life Insured is living, on or before the relevant premium due dates until the relevant Payment Cessation Date as stated in PolicySchedule 1 or in any Policy Endorsement.

  • The contribution shall be deposited in DNB NOR Bank ASA, Stranden 21, Aker Brygge, 0021 Oslo, Norway, UNDP Contributions (NOK) Account #7001-02-43287, IBAN# NO4370010243287, SWIFT# DNBANOKK, Bank Code: 00019, Account code: 1001; Schedule of payments Amount August 15, 2012 NOK 1,520,000 UNDP shall promptly upon identification in writing acknowledge receipt of the funds.

  • Commencing on and as of the Effective Date and continuing until the later to occur of (1) the Flip Date, or (2) the Priority Payment Cessation Date, Class A Common Equity will accrue a return at a rate of 10% per annum, compounded annually to the extent unpaid (the "CLASS A COMMON RETURN").

  • All Premiums are due and payable to us in the specified payment method while the Life Insured is living and this Policy is in force, on or before every premium due dates throughout the premium payment period until the relevant Payment Cessation Date as specified in Policy Schedule 1 or the termination of the Policy, whichever is earlier.

Related to Payment Cessation Date

  • Interest Cessation Date means the due date for redemption of the Notes or such other date which is either specified in, or determined in accordance with the provisions of, the Final Terms or Series Offering Document, as applicable.

  • Cessation Date means the date of Participant’s Termination of Service (regardless of the reason for such termination).

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Service Date or "SD" means the date service is made available to the End User Customer. This also is referred to as the "Due Date."

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Notification Date means 30 days from an Account statement date (see section 6.3).

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Lender shall have been made).

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Lease Termination Date means the last day of the Lease Term.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.

  • Index Cessation Effective Date means, in respect of one or more Index Cessation Events, the first date on which CDOR is no longer provided. If CDOR ceases to be provided on the Relevant Original Fixing Date but it was provided at the time at which it is to be observed pursuant to the terms and provisions of the applicable series of CDOR notes, then the Index Cessation Effective Date will be the next day on which the rate would ordinarily have been published;

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Agreement Termination Date is defined in Section 7.4.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Service Activation Date means the same as Activation Date.