Thus, a person surrendering his or her policy would receive the current (net present) value from the insurance company, which should be close to or even higher than (because of less transaction costs) the price in the secondary market.
If only impaired insureds above age 65 stop surrendering in the secondary market scenario, the effects are less distinct but still quite evident.
I am feeling very good after surrendering
because I get to meet friends and go out with them.
According to witnesses, they had waved a white flag when surrendering
to show their intent, but as they walked into the army-controlled area, several people heard sounds of shots and explosions.
The surrender policy provides them an opportunity to return to the mainstream of society taking this opportunity they are surrendering
," he added.
signed a stipulation surrendering
his license to practice medicine in California.
In accordance with the terms of the Securities, holders surrendering
their Securities before the effective date of the merger will be entitled to receive shares of Apogent common stock.
A VA Rescue presents a significant advantage over surrendering
the contract back to the insurance company because the market value of a qualifying variable annuity is higher than the surrender value.
Elan will make available to LYONs holders, through The Depository Trust Company, documents specifying the terms, conditions and procedures for surrendering
for purchase and withdrawing LYONs.
He will pay the strike price and related taxes by surrendering
to the company 28,614 shares of St.
If you surrender shares of common stock for redemption without also surrendering
an equal number of redemption rights, the number of shares of common stock in excess of the number of redemption rights surrendered will be returned to you.
On the down side, according to Stevenson, LinkMichigan would irrationally punish private companies for not surrendering
their proprietary business plans to the state.
However, interest for the period from April 1, 1998 to October 1 will be paid, without being funded by the holder surrendering
a note for conversion, only with respect to notes that are surrendered for conversion after the opening of business on September 24 and prior to the close of business on September 30.
Shareholders whose 5 percent Preference shares are registered in the name of a stock broker, investment dealer, bank, trust company or other nominee should contact that nominee for assistance in surrendering
the 5 percent Preference shares for redemption.
Optionees advised the Company's Chief Executive Officer that they were motivated to take this action by a desire to reduce the potentially dilutive impact on the shares of Common Stock held by the Company's public shareholders resulting from the exercise of the Surrendered Options.