Sentences with phrase «expiration of the term»

Upon expiration of the term, the policy may offer the option of converting to permanent life insurance.

Upon expiration of the term, the policy can typically be renewed annually, but with increasing premiums or decreasing death benefit.

However, if a justice of the supreme court dies within one year before the term of the governor expires, that justice may not be replaced until the governor whose term commences after expiration of the term of the governor in office when the justice died appoints a successor justice.

Newsday reported Damianos has resigned several months ahead of the scheduled expiration of his term on Aug. 31 of next year, for what he said was to «focus on his business.»

Partially - amortizing loans (or balloon mortgages as otherwise referred to) as the term implies, call for partial repayment of the principal over the term of the loan with the remaining balance due upon expiration of the term of the loan.

Term life has no cash value and it ends upon expiration of the term and becomes cost prohibitive down the road.

22 July 2008 - Justice French appointed President Australian Competition Tribunal Justice French will replace Justice Alan Goldberg at the expiration of his term on 29 July 2008.

«The next thing is whether or not Jammeh will heed calls by ECOWAS [Economic Community of West African States] and the African Union to stand down or leave office at the expiration of his term.»

The inauguration follows series of complaints by various education stakeholders over the non-existence of a Governing Council for the various public Universities in the country after the expiration of the term of the previous Council.

He explained that since the Ekiti State governor's tenure and his counterpart's in Osun State will expire on 15th October and 26th November 2018 respectively, Section 178 (2) of the country's 1999 Constitution (as amended) and Section 25 (8) of the Electoral Act 2010 (as amended) had stipulated that election into the office of governor should be held not earlier than 150 days and not later than 30 days before the expiration of the term of office of the last holder.

In either case, Aney Paul is unfit to continue on as a Rockland County Legislator beyond the expiration of her term in 2015.

A vacancy occurring before the expiration of the term of office of any member or officer shall be filled for the unexpired term by election by the Executive Committee.

Vacancies occurring in the Executive Committee by the expiration of the terms of office of its members elected by the Division shall be filled by elections, and the persons so electd shall serve for three years.

A vacancy occurring before the expiration of the term of office of a member may be filled by the President's appointment, and such an appointee shall serve until there is opportunity to fill the vacancy by election at a general annual meeting.

Any vacancy occurring before the expiration of the term of an elected member shall be filled by the President's appointment, and such appointment shall be for the unexpired portion of the term.

Vacancies occurring in the Executive Committee by the expiration of the terms of office of its members elected by the Division shall be filled by elections, and the persons so electd shall serve for five years.

Upon expiration of the term, the premiums for the coverage will typically skyrocket, so that the policy will not longer be practical to maintain and a new term policy may be needed.

Where the policy really shines is that upon the expiration of the term, the coverage continues at the same premium.

Any member appointed to fill a vacancy shall hold the office until the expiration of the term in which the vacancy occurred.

Planning for succession is important for the following reasons: (a) Expiration of a term; (b) Changes in firm culture, which may affect its management style; (c) Dealing with changes in the personal and professional objectives of partners occupying management positions, planned departures, i.e., retirement and unplanned departures resulting from death, disability or other unanticipated reasons for departure.

Art. 78: The procedures for the choice of a new President of the Republic shall begin sixty days before the expiration of the term of the President in office.

The new President shall be selected at least one week before the expiration of the term.

Providing that this lease is in good standing, the lessee shall have the option to renew this lease for two additional further periods of 35 years upon giving written notice one year before the expiration of the term of this lease and the second term.

Provided that this lease is in good standing, the Lessee shall have the option to renew this lease for two (2) additional further periods of 35 years upon giving written notice one year before the expiration of the term of this lease and the second term.

Notwithstanding the provisions of any residential lease, in order to enforce any automatic renewal clause of a lease of an original term of two months or more which states, in effect, that the term shall be deemed renewed for a specified additional period of time of two months or more unless the tenant gives notice to the landlord of an intention to quit the premises at the expiration of the term due to expire, the landlord must give notice to the tenant as provided in this section.

HB 4103 Authorizes a judge of a municipal court not reappointed by the 91st day following the expiration of a term of office who continues to serve for another term of office to continue to perform the duties of the office without taking an additional oath or affirmation otherwise required under the Texas Constitution.

Planning for succession is important for the following reasons: (a) Expiration of a term; (b) Changes in firm culture, which may affect its management style; (c) Dealing with changes in the personal and professional objectives of partners occupying managerial positions, planned departures, i.e., retirement and unplanned departures resulting from death, disability or other unanticipated reasons for departure and the retention of clients.

If you cancel your Registered Agent Service prior to the expiration of your term, you will not be entitled to a pro-rata refund or any other type of refund even if we resign as agent.

The disadvantage is that term life insurance ends upon the expiration of the term length, which typically ranges from 10 - 30 years.

What a return of premium rider offers is that it will pay you back all the premiums you have paid during the life of the term policy at the expiration of your term life policy.