Common use of CERTIFICATE PROCESSING Clause in Contracts

CERTIFICATE PROCESSING. DATES - The days when we deduct certain charges from the Accumulation Value. If the Certificate Processing Date is not a Valuation Date, it will be on the next succeeding Valuation date. The Certificate Processing Date will be on the Certificate Anniversary of each year. CERTIFICATE PROCESSING PERIOD - The period between successive Certificate Processing Dates unless it is the first Certificate Processing Period. In that case, it is the period from the Certificate Date to the first Certificate Processing Date. CERTIFICATE YEAR - The period between Certificate Anniversaries.

CERTIFICATE PROCESSING. DATES - The days when we deduct certain charges from the Accumulation Valueaccumulation value. If the Certificate Processing Date is not a Valuation Date, it will be on the next succeeding Valuation dateDate. The Certificate Processing Date will be on the Certificate Anniversary of each year. CERTIFICATE PROCESSING PERIOD - The period between successive Certificate Processing Dates certificate processing dates unless it is the first Certificate Processing Periodcertificate processing period. In that case, it is the period from the Certificate Date certificate date to the first Certificate Processing Datecertificate processing date. CERTIFICATE YEAR - The period between Certificate Anniversariescertificate anniversaries.

CERTIFICATE PROCESSING. DATES - The days when we deduct certain charges from the Accumulation Value. If the Certificate Processing Date is not a Valuation Date, it will be on the next succeeding Valuation dateDate. The Certificate Processing Date will be on the Certificate Anniversary of each year. CERTIFICATE PROCESSING PERIOD - The period between successive Certificate Processing Dates unless it is the first Certificate Processing Period. In that case, it is the period from the Certificate Date to the first Certificate Processing Date. CERTIFICATE YEAR - The period between Certificate Anniversaries.