Sentences with phrase «under settlement option»

Further, instead of receiving this amount as a lump sum, you can also choose to convert it into a monthly income under the settlement option.

With these payouts, the policy gets terminated unless monthly incomes are remaining under the settlement option.

Under a settlement option, the maturity amount entitled to a life insurance policyholder is paid in structured periodic installments (up to a certain stipulated period of time post maturity) instead of a «lump - sum» payout.

Under settlement option, maturity benefits can also be taken as installments spread over a period of 5 years with an addition of interest at a rate approved by IRDAI.

The Life Assured may also choose to receive the Maturity Benefit under Settlement Option.

Under the Settlement option, you can choose to receive the maturity or death benefit in installments over a few years instead of a lump sum.

Alternatively, the maturity benefit can be availed in instalments over 5 years post maturity under the Settlement Option

Policyholders can choose to receive the Maturity Benefit as a lump sum or over a period of five years after the maturity date, as under the settlement option.

Moreover, the beneficiary of the policy can avail the maturity benefit in installments under the settlement option.

The Fund Value on Maturity can be availed in instalments over a period of 5 years post Maturity under the Settlement Option

On maturity the fund value is paid which can also be availed in instalments under the Settlement Option.

Under the Settlement option, 50 % of the Maturity Benefit can be availed on maturity, and the balance can be taken in a series of regular instalments over a period of 5 or 10 years.

The insured shall get the Total Fund Value including Top - up Fund Value on Maturity which can be taken in lump sum or under the Settlement Option where the proceeds can be taken in equal installments over a period of 5 years post maturity

The total Fund Value is payable on maturity which may be taken in lump sum or availed in instalments after maturity within 5 years under the Settlement Option feature under the plan.

On maturity, the fund value is paid which can be taken in lump sum or in instalments over a period of 5 years post maturity under the Settlement Option feature.

On maturity, the Fund Value including any top - up fund value is payable which can either be availed in lumps um or in instalments over a period of 5 years post maturity under the Settlement Option feature

The fund value is paid on plan maturity which can be availed either in lump sum or in instalments over a period of 5 years post maturity under the Settlement Option.

On maturity, the Fund Value is payable which can be taken as a lump sum or availed in instalments over a period of 5 years post maturity under the Settlement Option feature

On maturity the fund value is paid which can either be availed in lump sum or in instalments over a period of 5 years post maturity under the Settlement Option

Under the Settlement option, the Fund Value can be taken in 5 equal instalments over 5 years after maturity

The life assured may also choose to receive the maturity benefit under Settlement Option as mentioned below.

On maturity, the available Fund Value is paid to the policyholder which can be taken either in lump sum on maturity or in instalments over a period of 5 years post maturity under the Settlement Option.

Not exact matches

However, any outstanding stock options and RSUs granted under the 2007 Plan will remain outstanding, subject to the terms of our 2007 Plan and applicable award agreements, until such shares are issued under those awards (by exercise of stock options or settlement of RSUs) or until the awards terminate or expire by their terms.

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;

These terms were initially laid out as part of the settlement but are set to expire this fall, giving Hachette the option to once again attempt to impose agency pricing instead of the wholesale model that most entities operate under with Amazon.

Under the settlement agreement, the library will not acquire any additional e-readers for patron use that exclude persons who are blind or others with disabilities who need accessible features such as text - to - speech functions or the ability to access menus through audio or tactile options.

A consumer proposal is a formal debt settlement option available in Canada under the Bankruptcy and Insolvency Act and filed with a Licensed Insolvency Trustee.

Keep in mind though that debt settlement — like all options under which you'll repay less than the full amount originally due — hits your credit score a lot harder than does a DMP program.

Commutation Right: The right of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance policy.

This term also refers to the settlement of a life insurance policy under the contract's annuity options.

Obviously, paying less tax on a settlement will make it more attractive under the new tax reform, but we expect the other elements mentioned to also encourage policy owners and their advisors to actively consider life settlement options.

It also has the option of requesting an undertaking with the CRTC — a form of settlement under the legislation to which the CRTC would have to agree.

All Persons resident in Quebec at the time of purchase and / or at the time of notice who purchased DRAM Products during the Settlement Class Period, except Excluded Persons and any legal person established for a private interest, partnership or association which at any time between October 5, 2003 and October 5, 2004 had under its direction or control more than 50 persons bound to it by contract of employment or that is not dealing at arm's length with Option consommateurs.

We offer expertise in conveyancing, easements, restrictive covenants, positive covenants, registration of title to land, proprietary estoppel, settlements and trusts of land (including implied, resulting and constructive trusts and applications under the Trusts of Land and Appointment of Trustees Act 1996), access to neighbouring land, adverse possession, party walls, boundaries, boundary disputes, school sites, options and pre-emptions, overage and development agreements, property - related insolvency, ownership and disposition of land by charities and unincorporated associations, highways, Crown rights, chancel repairs, commons and town and village greens and property - related torts (including trespass and nuisance), stamp duty land tax and VAT on property transactions.

Commutation Right: The right of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance policy.

This term also refers to the settlement of a life insurance policy under the contract's annuity options.

At maturity, the value payable is the Fund Value which can either be taken in lump sum or in instalments post maturity under the feature of Settlement Option.

It is the latest date on which you can begin receiving payments from your annuity under any of the settlement options available to you.

The Fund Value is the maturity benefit which may be taken in lump sum or availed in instalments over 5 years after the maturity datethrough the Settlement Option feature under the plan.

An agreement between a life insurance company and a policy owner / beneficiary in which the insurer retains part of the cash sum payable under a policy and makes payments in accordance to the chosen settlement option.

Under the unit linked insurance plans (Ulips), the increasing benefit claim settlement option is more preferred where the person is paid the fund value in addition to the sum assured.

In team meetings, under - functioning Financial Neutrals fail to speak up with specific financial advice or commentary that may be relevant to the financial settlement options being discussed.

The Australian Government is currently exploring options for the creation of settlement packages, and I am pleased to report that it has committed to provide funding towards the first two settlements under the Victorian Native Title Settlement Framework (Victorian Settlement Fsettlement packages, and I am pleased to report that it has committed to provide funding towards the first two settlements under the Victorian Native Title Settlement Framework (Victorian Settlement FSettlement Framework (Victorian Settlement FSettlement Framework).

That the Government explore other options for facilitating settlement negotiations with tradition owners aside from just under the Native Title Act.

The court ruled that the owners and Kenworth had agreed to accelerate the time under which the purchase option could be exercised following the fire and that the settlement agreement amounted to the sale of the property to Kenworth.