Coverage Adjustment definition
Examples of Coverage Adjustment in a sentence
Yield coverage Yields adjusted by Yield Coverage Adjustment as stated below.
Coverage Adjustment Date" means June ------------------------ 1 of each year (or any other date selected by the Committee from time to time in its discretion), on which changes or increases in life insurance coverage will take effect.
AFSC, in its discretion, may change the Insured’s Coverage Adjustment at any time due to major changes in management practices, acreage, land location, confirmed yields or experience.
AFSC in its discretion may change the Insured’s Coverage Adjustment at any time due to major changes in management practices, acreage, land location, confirmed yields or experience.
If a Participant's Base Salary is reduced, the amount of his or her life insurance coverage under this Plan will decrease on the next Coverage Adjustment Date.
Base Salary" means a Participant's annual base ----------- salary as of the first day of the month in which he or she is enrolled in the Plan and thereafter as of May 1 preceding the last Coverage Adjustment Date preceding his or her death, prior to deductions for deferrals under any Company sponsored qualified or non-qualified plans.