Actuary Sample Clauses
The Actuary clause designates a qualified professional responsible for calculating and certifying financial figures, such as premiums, reserves, or benefits, within an agreement. Typically, this clause outlines the actuary's role, the standards they must follow, and the process for resolving disputes over actuarial calculations. By clearly defining the actuary's authority and responsibilities, the clause ensures that complex financial determinations are handled by an impartial expert, thereby reducing the risk of disagreement and ensuring accuracy in financial matters.
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Actuary. In accordance with 42 C.F.R §438.2, an actuary is an individual who meets the qualification standards established by the American Academy of Actuaries for an actuary and follows the practice standards established by the Actuarial Standards Board. Actuary refers to an individual who is acting on behalf of the State when used in reference to the development and certification of capitation rates.
Actuary. The calculations described under this Section 11.03 shall be ------- conducted by an actuary designated by Parent and shall be performed in a manner that is generally consistent with the actuarial assumptions, practices and procedures used by the enrolled actuary for the PG&E Non-Management VEBA in preparing actuarial reports for the PG&E Non-Management VEBA, and as may be set forth in greater detail in the Employee Matters Agreement.
Actuary. An individual who meets the qualification standards established by the American Academy of Actuaries for an actuary and follows the practice standards established by the Actuarial Standards Board. Actuary refers to an individual who is acting on behalf of the State when used in reference to the development and certification of capitation rates.
Actuary. “Actuary” means the then acting actuary or firm of actuaries employed by the Corporation to advise the Corporation with respect to contributions to be made under the Plan. The initial Actuary shall be Towers, Perrin, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇, Inc. and Subsidiaries.
Actuary. An individual who meets the qualification standards established by the American Academy of Actuaries for an actuary and follows the practice standards established by the Actuarial Standards Board. For purposes of developing and certifying capitation rates, an Actuary refers to an individual who is acting on behalf of the State Advance Directive – Written instructions (such as an advance health directive, a mental health advance directive, a living will, including Five Wishes, or a durable health care power of attorney) recognized under State law (whether statutory or as recognized by the courts of the State), relating to the provision of health care when an individual is incapacitated. Affiliate – Any person, firm, corporation (including, without limitation, service corporation and processional corporation), partnership (including, without limitation, general partnership, limited partnership and limited liability partnership), limited liability company, joint venture, business trust, association or other entity or organization that now or in the future directly or indirectly controls, is controlled by or is under common control with the Contractor. Annual Open Enrollment Period – The period designated by the State from October 1 to October 31 when members can elect to Transfer from one MCO to another MCO without good cause. Appeal – A review by the Contractor of an Adverse Benefit Determination.
Actuary. Actuary" means a person who is a member in good standing of the American Academy of Actuaries. [ 1991, c. 828, §20 (NEW) .]
Actuary. Section 1.4(i) of the Purchase Agreement is hereby amended by deleting the words “Sumitomo Life Insurance Company, the pension actuary of Seller’s corporate pension fund (the “Actuary”)” in the first sentence thereof and inserting in lieu thereof the words “the Actuary”.
Actuary. The term “Actuary” is defined in Exhibit A to this Settlement Agreement.
Actuary. The term “Actuary” is defined in Exhibit A to this Settlement Agreement. Adjustment Event. The term “Adjustment Event” is defined in Section 13 of this Settlement Agreement.
Actuary. TopBuild, on behalf of itself and each member of the TopBuild Group, hereby agrees to retain the actuary serving in such capacity as of the date hereof as the sole provider of all actuarial services to TopBuild and every member of the TopBuild Group. TopBuild further agrees that it shall take all reasonably necessary actions to ensure that such actuary remains the sole provider of all actuarial services to TopBuild and every member of the TopBuild Group through and including December 31, 2015.