Sentences with phrase «upon surrender of»

Upon surrender of this Policy, no further benefits under this Policy shall become payable and this Policy will terminate.
CASH SURRENDER VALUE: The amount available in cash upon surrender of a life insurance policy before it matures as a death claim or otherwise.
The policy does not acquire any Surrender Value throughout the Policy Term and therefore there is no amount payable to you upon surrender of the policy.
The policy gets terminated and the life cover ceases upon surrender of the policy.
It has a cash value and a dividend which you can collect either in the form of a policy loan or upon surrender of the policy.
Further, the proceeds on maturity or upon surrender of the policy are tax - exempt under Section 10 (10D).
Also, loan interest may become taxable upon surrender of the policy.
If Sheila didn't have the loan, she would receive $ 105,000 upon surrender of the policy; with the loan, she will only receive $ 75,000, because the remaining $ 30,000 will be used to repay the outstanding loan.
The benefits of your policy will stop upon surrender of your policy.
You can calculate taxable gain by subtracting your cost basis from the proceeds you will receive upon surrender of the policy.
Cash surrender value is the accumulated portion of a permanent life insurance policy's cash value that is available to the policyholder upon surrender of the policy.
The amount (stated in the policy) that is available in cash upon the surrender of a policy for cancellation before or after the policy matures.
Cash Surrender Value for Deferred Annuity Products The amount payable to the policy owner upon surrender of the policy.
Upon surrender of this policy, this value may be reduced by a surrender charge, policy fee, or outstanding loan.
Upon the surrender of General Lee, his property was declared confiscated and a warrant for his arrest was issued.
The amount (stated in the policy) that is available in cash upon the surrender of a policy for cancellation before or after the policy matures.
Holders of certificates representing pre-split shares of the Fund's common stock will receive, upon surrender of their certificates representing such pre-split shares, uncertificated post-split shares of the Fund's common stock (i.e., a stockholder's holdings of post-split shares will be reflected only in the Fund's record books).

Not exact matches

In a newspaper article from May 1948, Rep. Buffett wrote, «In a free country the monetary unit rests upon a fixed foundation of gold... independent of the ruling politicians... unless you are willing to surrender your children and your country to galloping inflation, war and slavery, then this cause demands your support... we must win the battle to restore honest money.»
in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;
If any Shares remain outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in exchange for Shares surrendered to the Trustee (after deducting or upon payment of, in each case, the fee to the Trustee for the surrender of Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any applicable taxes or other governmental charges).
It was against this surrender that Barth famously insisted upon the unique authority of the Word of God.
This is a classic example of what happens when one is totally surrendered / has placed all their trust / is totally dependent upon God.
The theologian, it is true, has had to surrender any claim to an infallible source of divine revelation, but the scientist has had to learn to resist the temptation of thinking that that is exactly what he has stumbled upon.
The Christian community has a theological maturity and an historical discernment that should not be easily surrendered and which should impinge upon all technical studies of the Scriptures.
He surrendered his deity and entered upon an altogether different mode of existence.
By the revival of religious emotions, by surrender to God, by commitment to an unselfish life of honesty, purity, unselfishness and love, by a renewal of the practice of confession and by the sharing of religious experiences, by reliance upon divine guidance and by a revivification of first - century immediacy and spirituality, it proposes, and claims to solve, the problems of the religious crisis in a practical manner.
No maiden has ever been so cheated as Sarah, for she was cheated out of the most sacred thing of all, the absolute wealth which even the poorest girl possesses, cheated out of the secure, boundless, unrestrained, unbridled devotion of surrender — for first there had to be a fumigation by laying the heart of the fish and its liver upon glowing coals.
The unexpected spectacle of endless rows upon rows of men and women simply dying rather than surrender to the will of an aggressor must ultimately melt him and his soldiery.32
Saul, now a pathetic figure, fighting a battle already lost in his own mind, persuaded that from the narrow circle of family out to the broad circle of the world, everyone is against him; seizing gratefully upon the offer of the Ziphites to surrender David to him:
They accepted the responsibility placed upon them and ended up surrendering their lives to pursue the pledge of their order.
Detweiler quotes C. S. Lewis from An Experiment in Criticism for a corrective insight: «The first demand any work of any art makes upon us is surrender.
It was the way He guided me to a greater understanding of dependence upon Him, of surrendering my desires and plans, and of what it means to simply trust.
«This measure also gives our state's court system better guidelines and provides for both the surrender of firearms upon a domestic violence crime and a provision to return the firearms if the order of protection is lifted.»
Instead we're a republic, built upon the novel concept that the individual is endowed with inalienable rights, and that it is for the interest of their protection and growth that they surrender a portion of those rights to the government.
Contract - a mutually agreed upon arrangement between two Individuals whereby their reciprocally inequitable value scales have led them to trade marginal units of something they have for units of something they don't have which is of greater perceived personal value than the marginal units being surrendered; a voluntary, bilaterally beneficial interaction of trade
The new law bolsters the list of «serious» crimes which require the loss of a gun license and the surrender of all firearms upon conviction — including misdemeanors.
While art isn't about ticking boxes and selling a preconceived political philosophy, the act of surrendering your attention to a two - hour movie (or an 18 - hour TV series masquerading as a movie) revolves around experiencing someone else's POV and reflecting upon it afterwards.
Note that there is a «surrender period,» which is the period of time that a policyholder must wait before it is possible to receive the cash value of the policy upon canceling.
A MYGA with a Market Value Adjustment would increase / decrease the amount of money available upon premature surrender if interest rates have decreased / increased since purchase.
Terminal Illness / Nursing Home Care Rider After the first policy year, the withdrawal charge on withdrawals up to 50 % of the Cash Surrender Value ($ 1,000 minimum) is waived upon the occurrence of one of the following events for the Owner: (a) Terminal illness (life expectancy of 12 months or less).
Otherwise, the cash surrender value may be exposed to creditors depending upon a variety of factors, including local state law provisions.
The policy also provides a guaranteed return of premium upon surrender for the premiums paid, plus any policy growth.
If a policy of insurance has been or shall be effected by any person on his own life or upon the life of another person, the policyowner shall be entitled to any accelerated payments of the death benefit or accelerated payment of a special surrender value permitted under such policy as against the creditors, personal representatives, trustees in bankruptcy and receivers in state and federal courts of the policyowner.
How they benefit is by being able to obtain the true value of the policy instead of merely receiving the cash surrender value upon surrender or nothing upon letting the policy lapse.
We accept pet surrenders on a case - by - case basis dependent upon the situation and availability of space with in the rescue.
IF HHPR IS ACCEPTING NEW ADMISSIONS: We must charge a $ 40 surrender fee to cover the cost of tests and parasite treatment upon entry.
Program takes legal ownership of the dog upon intake and / or surrender.
I understand that upon this surrender, all decisions regarding the cat will be at the discretion of Black Cat Rescue.
Owners / Strays TAHS requires proof of ownership upon surrender.
I agree to surrender the foster animal (s) to AHC at the end of the foster care period or immediately upon request.
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