Purchase Payment definition

Purchase Payment. A payment made toward this Contract.

Purchase Payment. A payment made by or for an Owner with respect to this Contract.

Purchase Payment has the meaning assigned to that term in Section 2.03.

Examples of Purchase Payment in a sentence

• In exchange for the license fees that are included in Your Purchase Payment, We hereby grant to You a nonexclusive, nontransferable license to use the Software products, including related documentation, described on the Order Form solely for Your own use on or with the Products.

• Crediting Interest (First Crediting Period) – If the Endorsement Date is the Contract's Issue Date, different portions of the Initial Purchase Payment may have different beginning-of-year Index Values for the first Crediting Period, depending on the date we receive each portion.

• Any portion of the Initial Purchase Payment we receive outside the Initial Purchase Payment Windows described in the Contract Schedule allocated to the strategy will be applied to the Holding Account and added to this strategy on the first Contract Anniversary.

• Therefore, each portion of the Initial Purchase Payment will likely result in a different Index Performance %.

• On or before expiration of Gold-Ore Owner’s 30-Day Due Diligence Period the Initial Gold Purchase Payment shall be paid in USD certified funds to Trust.

More Definitions of Purchase Payment

Purchase Payment. Payment accepted by Aetna at its Home Office. Aetna reserves the right to refuse to accept any Purchase Payment at any time for any reason. No advance notice will be given to the Contract Holder.

Purchase Payment. The amount(s) paid by the Owner and accepted by the Company as consideration for this Contract.

Purchase Payment. The gross payment accepted by Us and allocated to the Certificate Holder's Account. We reserve the right to refuse to accept any Purchase Payment at any time for any reason.

Purchase Payment. A cash consideration in currency of the United States of America given to us in exchange for the rights, privileges and benefits outlined in this Annuity.

Purchase Payment has the meaning set forth in Section 8.2.1.

Purchase Payment shall have the meaning assigned to it in Section ---------------- 2.

Purchase Payment. A Purchase Payment less any applicable Premium Tax.