Cash Values Clause Samples

The "Cash Values" clause defines the amount of money that a policyholder is entitled to receive if they surrender a life insurance policy before its maturity or the insured event occurs. Typically, this clause outlines how the cash value accumulates over time, often based on a portion of the premiums paid and the policy’s investment performance, and may specify any deductions or surrender charges. Its core practical function is to provide policyholders with a tangible financial benefit or liquidity option, addressing the need for flexibility and access to funds in the event they no longer wish to maintain the policy.
Cash Values. OPTIMUM RE will not participate in the payment of cash values.
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Cash Values. Lincoln agrees to refund the Proportionate Share of a Policy’s cash value in the event a Policy is surrendered, reinsurance is reduced pursuant to the “Reductions in Insurance” article, or SAFECO elects to increase its Retention on in force Policies in accordance with the “Changes in Retention” article.
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Cash Values. INVESTORS HERITAGE will not participate in the payment of cash values.
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Cash Values. All cash values for farm purchases must be based on the property’s highest and best use as determined in accordance with federal and state statutory and constitutional requirements and eminent domain law.‌
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Related to Cash Values

  • Values The participant must commit to and ensure the respect of basic EU values (such as respect for human dignity, freedom, democracy, equality, the rule of law and human rights, including the rights of minorities).

  • Cash Balances Uninvested cash balances in my Account will be automatically swept into the ▇▇▇▇▇▇ ▇▇▇▇▇ Money Market Fund according to my previous elections and authorizations relating to the treatment of cash balances. I understand and agree that the ▇▇▇▇▇▇ ▇▇▇▇▇ Money Market Fund is offered by an ▇▇▇▇▇▇ ▇▇▇▇▇ affiliate and, as a result, ▇▇▇▇▇▇ ▇▇▇▇▇ has a financial incentive to select the ▇▇▇▇▇▇ ▇▇▇▇▇ Money Market Fund as the available cash option, instead of a third-party cash product.

  • Cash and Cash Equivalents Cash and cash equivalents include cash on hand and on deposit and investments in highly liquid debt instruments with initial maturities of three months or less.

  • Cash Balance Within two (2) Business Days after the end of each Fiscal Month, Borrower will deliver a certificate reporting to Agent the Cash Balance as of the last day of the Fiscal Month just ended, which certificate shall be executed and certified by a Responsible Officer of the Borrower as true and correct; (d)

  • Target Fair Market Value The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions). The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.