Amount Applied definition

Amount Applied means the portion of the Annuity Value which the Annuitant elects to apply toward an Annuity Benefit pursuant to Section 4.02, less any applicable State Premium Tax as determined by AXA Equitable, and a one-time administrative fee at the applicable rate in effect on the date of purchase. Each monthly payment under any Annuity Benefit under the Contract will be the amount provided pursuant to Section 4.03. The Normal Form of Annuity Benefit under the Contract means the Life Annuity Form with Ten Years Certain which provides for a payment each month until the Annuitant's death. If the Annuitant dies before the end of the certain period, monthly payments would continue to the named beneficiary until the end of the certain period with no further payments thereafter. If the Annuitant lives longer than the certain period of time, payments will continue for the Annuitant's lifetime and then cease.
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Amount Applied means the portion of the Annuity Value which the Participant elects to apply toward an Annuity Benefit pursuant to Section 4.02, less any Applicable Tax Charge, and a one-time administrative fee at the applicable rate in effect on the date of purchase. Each monthly payment under any Annuity Benefit under the Contract will be the amount provided pursuant to Section 4.03. The Normal Form of Annuity Benefit under the Contract means the Full Cash Refund Annuity form which provides for equal monthly payments to the Participant beginning on the Participant's Retirement Date and ending with the last monthly payment due before the Participant's death, and, upon receipt by AXA Equitable of due proof of the Participant's death, a single sum payment to the beneficiary designated to receive such payment of an amount equal to the excess, if any, of the Amount Applied over the sum of all the annuity payments that have been paid to the Participant under the Contract.
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Amount Applied means the dollar amount used to provide the income.
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Examples of Amount Applied in a sentence

  • The Amount Applied shall provide the Annuity Benefit on the basis of the Table of Guaranteed Annuity Payments shown in Section 4.06.

  • If the Annuitant elects an Annuity Benefit, the Amount Applied will be applied as of the Annuitant's Retirement Date to provide the Annuity Benefit.

  • We will measure our partnering progress and success by the following performance indicators: • Grant Application Success – Dollar Amount Applied for vs.

  • As a minimum the report includes: Contractor Name, Period covered by report, NITAAC Tracking Number, Date of Order, Funded Sales, Access Fee, and Amount Applied.

  • Unpaid Balance Interest Rate Date Interest Begins First Payment Due Due Every(date) Thereafter Payment Amount Applied as: Principle and Interest Principle Interest Payment Frequency: Weekly Monthly Quarterly Semi-Annual Annual Additional or Balloon Payment Amount Due On Late Charge on Balloon After Days Grace Late Payment Charge After Days Grace Interest will be calculated daily unless box is checked.

  • Kindly remit my loan through my following bank accounts: ‐ Bank Name Branch Account Name Account Number Amount Applied in figures Insurance 1% (Figures) Ksh Total amount (Figures) Kshs Repayments Amount No of Months Mode of payment.

  • Amount Applied for Health Benefits The retiree shall have the choice to participate in an individual, couple, or family medical, vision and/or dental insurance plan.

  • Date Sold Collateral Sold Net Amount Applied to Indebtedness 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Collateral Status Worksheet Description of Collateral Lien Position Per Approval Letter Liquidated Remaining Abandoned 1 ☐ ☐ ☐ 2 ☐ ☐ ☐ 3 ☐ ☐ ☐ 4 ☐ ☐ ☐ 5 ☐ ☐ ☐ 6 ☐ ☐ ☐ 7 ☐ ☐ ☐ 8 ☐ ☐ ☐ 9 ☐ ☐ ☐ 10 ☐ ☐ ☐ 11 ☐ ☐ ☐ 12 ☐ ☐ ☐ 13 ☐ ☐ ☐ 14 ☐ ☐ ☐ 15 ☐ ☐ ☐ If any collateral is abandoned, complete the Abandonment of Collateral section beginning on last page.

  • Signature: Print Name: Title: Creditor Type of Credit Facility Security Interest Granted Outstanding Amount Applied Biosystems (Applera) Lease Equipment Specific $313,061.35 Thermo Electron Corp.

  • No. 15,000 AC 5904 Page 22 TABLE OF GUARANTEED ANNUITY PAYMENTS (Based on Age Nearest Birthday on Due Date of First Payment) Annuity Benefit Payable On The Full Cash Refund Annuity Form (Minimum Monthly Income Per $1,000 of Amount Applied) Age ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ------ ---------------- 60 4.18 61 4.26 62 4.34 63 4.43 64 4.52 65 4.62 66 4.73 67 4.83 68 4.95 69 5.07 70 5.20 Amounts applicable for ages or for annuity forms not shown will be calculated by Equitable on the same actuarial basis.

Related to Amount Applied

  • Amount Available means, with respect to any Distribution Date, the sum of (a) the amount of Collections with respect to the related Collection Period, plus (b) any investment income earned on amounts on deposit in the Collection Account since the immediately prior Distribution Date (or since the Effective Date in the case of the first Distribution Date).

  • Notional Principal Amount For calculating interest payments, on each Class of outstanding Interest Only MAC Notes as of any Payment Date, an amount equal to the outstanding Class Principal Balance as of such Payment Date of the portion of the related Class of Class M Notes that was exchanged for such Interest Only MAC Note.

  • Applicable Unscheduled Principal Receipt Period With respect to the Mortgage Loans serviced by each Servicer and each of Full Unscheduled Principal Receipts and Partial Unscheduled Principal Receipts, the Unscheduled Principal Receipt Period specified on Schedule I hereto, as amended from time to time by the Master Servicer pursuant to Section 10.01(b) hereof.

  • Unscheduled Principal Amount The sum for each outstanding Mortgage Loan (including each defaulted Mortgage Loan with respect to which the related Mortgaged Property has been acquired by the Trust Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B) the sum of the amounts described in clauses Iy(ii) and Iy(iii) of the definition of Class A Non-PO Optimal Principal Amount, but without such amount being multiplied by the Class A Prepayment Percentage.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.