Sentences with phrase «as equal installments»

The part of the maturity proceeds (up to 50 %) can be taken immediately and the remaining is paid as equal installments over the next 5 or 10 years as chosen.

Not exact matches

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

Specifically, individuals can make a lump - sum gift to a 529 plan of up to $ 65,000 ($ 130,000 for married couples) and avoid gift tax, provided the gift is treated as having been made in equal installments over a five - year period and no other gifts are made to that beneficiary during the five years.

Assassin's Creed 2 isn't the first game the soundtrack of which I praised in this list, but it deserves special mention as it makes the world feel so much more alive than in subsequent installments (save Brotherhood, which is almost equal and a game you should also play).

The deferred balance only becomes payable once you are hired as a full - time teacher, and typically in equal monthly installments over your first year teaching.

The kinds of credit you have: It's best to have a mix of installment accounts — those with a set number of equal payments, such as car payments or mortgages — and credit card accounts.

These are loans that are settled over a specified period with a predetermined number of payments of equal amounts known as installments.

Borrowed money that is repaid in equal payments, known as installments.

Question — As you said, the interest for the pre-construction period can be availed for deduction in five equal installments.

Here, as the name implies, the lender is paid back in installments, with the total debt equaling the original amount of the loan plus interest.

The distribution was made as an installment in a series of equal and periodic payments over your life expectancy, or over the life expectancy of you and your beneficiary or beneficiaries.

Referred to as «American Express Installments,» this built - in feature allows Canadian card members to pay for large purchases in equal monthly installments, while still earning rewInstallments,» this built - in feature allows Canadian card members to pay for large purchases in equal monthly installments, while still earning rewinstallments, while still earning rewards points.

Payments are guaranteed for as long as it takes for the income you receive to equal the policy's benefit amount (the «Installment Refund» period).

In this case, you can pay 25 % of the entire annual premium as a deposit, and then pay the remainder in 5 equal monthly installments that end 6 months after your policy's «effective» date.

If on the hand a policyholder opts for an installment option, then the 50 % of the sum assured is paid as a lump sum amount and the rest is paid in 5 equal annual installments.

Rider Sum Assured will be paid to the policyholder in 10 equal half - yearly installments wherein each installment amount will be equal to Rider Sum Assured multiplied by 10 %, provided the policy is in force (as on the date of occurrence of event) and the rider contract ceases after payment of the last installment.

Rest of the due premium is to be paid by the insured in equal installments within 2 years along with the regular premium as per the tenure of the policy.

o Lump Sum + Equal Annual Installments: If the policyholder chooses Installment option, 50 % of the Death Sum Assured will be paid as lump sum immediately on death of the life insured and the remaining amount is paid annually in 5 equal installments (starting post 1 year from date of death of the life insuEqual Annual Installments: If the policyholder chooses Installment option, 50 % of the Death Sum Assured will be paid as lump sum immediately on death of the life insured and the remaining amount is paid annually in 5 equal installments (starting post 1 year from date of death of the liInstallments: If the policyholder chooses Installment option, 50 % of the Death Sum Assured will be paid as lump sum immediately on death of the life insured and the remaining amount is paid annually in 5 equal installments (starting post 1 year from date of death of the life insuequal installments (starting post 1 year from date of death of the liinstallments (starting post 1 year from date of death of the life insured).

In this case, you still have to pay 40 % as deposit up front when you apply through the UT AIP, but you would pay the remaining 60 % in 5 equal monthly installments.

In case of death of the life insured, this plan pays 50 % of the death sum assured as a lump sum and the balance amount is then paid as equal monthly installments for a period till the nominated child attains 21 years.

In this case Rs. 10 lakhs will be paid on death and remaining Rs. 90 lakhs will be paid as equal monthly installments of Rs. 50,000 for a period of 15 years

In the event of Accidental Death, the amount is payable as a lump sum and in case of Accidental Total Permanent Disability, the amount is payable in 10 equal annual installments.

If you choose option B, 60 % of Guaranteed Death Benefit (as Family Income Benefit) is payable in equal installments for a period of 60 months.

Remaining Death Benefit amount will be paid as an annual income for next 10 years, with each installment equal to 12.94 % of 50 % of total Death Benefit, i.e. Rs 27,740 per annum.

The policyholder or the nominee will have the option to take the maturity benefit or death benefit in equal monthly installments over a period of 5 or 10 years (as per your choice) from the date of maturity or the date of intimation of death.

Death or maturity benefit can be taken in equal monthly installments over a period of 5 year or 10 years (as per the choice).

Sum assured on death is payable to the nominee as monthly income for 144 equal monthly installments and it begins from the date of death of the life insured.

The money backs will equal your sum assured and will be paid over 4 installments as shown in the table below.

In case of accidental permanent disability arising due to accident (within 180 days from the date of accident), an amount equal to the Accident Benefit Sum Assured will be paid is equal monthly installments spread over 10 years and future premiums for accident benefit sum assured as well as premium for the portion of basic sum assured which is equal to accident benefit sum, assured under the policy, shall be waived.

In case the insured member is diagnosed with a terminal illness (TI), a TI benefit equal to 6 Equated Monthly Installments of the loan will be paid as a lump sum.