Common use of Premium Due Date Transfers Clause in Contracts

Premium Due Date Transfers. So long as the conditions to closing set forth in paragraph 10 have been satisfied, the Independent Fiduciary will direct the Plan Trustee to pay Prudential [***] (the “Premium Amount”) on the Premium Due Date by:

Appears in 1 contract

Sources: Commitment Agreement (Baxter International Inc)

Premium Due Date Transfers. So long as the conditions to closing set forth in paragraph 10 8 have been satisfied, the Independent Fiduciary will irrevocably direct the Plan Trustee to pay Prudential Insurer, per the instructions set forth in Schedule 11, $[***] (the “Premium Amount”) on the Premium Due Date by:

Appears in 1 contract

Sources: Commitment Agreement (Weyerhaeuser Co)