Market Close Sample Clauses

Market Close. A Market Close is the close of the regular or core trading session on the market used to measure a given Indexed Strategy. VESTED GAIN OR LOSS DURING A TERM Vesting Factor Positive Index Change Negative Index Change [Dates within the first six months of a Term] [25 %] [100 %] [Dates within the final six months of a Term, but before the final Market Date of the Term] [50 %] [100 %] After reaching the final Market Day of a Term 100 % 100 % [The final six months of a Term start with the date that is six months after the first day of the Term.] EARLY WITHDRAWAL CHARGE Contract Year 1 2 3 4 5 6 7 8+ Early Withdrawal Charge Rate 9 % 8 % 7 % 6 % 5 % 4 % 2 % 0 % Free Withdrawal Percentage: [10%] OWNER Owner The Owner of this Contract is the person who possesses all of the ownership rights under this Contract. The Owner on the Contract Effective Date is set out on the Contract Specifications page. If the cover page of this Contract states that it is a Nonqualified Annuity, then it may be owned by two persons jointly. If there is a joint Owner, the term “Owner” includes the joint Owner, and you must exercise all rights of ownership by joint action. You may change the Owner as provided in the Change of Owner provision of this Contract. A surviving spouse may become the Owner pursuant to the Successor Owner provision of this Contract. If an Owner is a trust, custodial account, corporation, limited liability company, partnership, or other entity, then the age of the eldest Xxxxxxxxx is treated as the age of the Owner for all purposes of this Contract.
Sample 1Sample 2
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Market Close. A Market Close is the close of the regular or core trading session on the market used to measure a given Indexed Strategy. P1833621NW 4 EARLY WITHDRAWAL CHARGE Contract Year 1 2 3 4 5 6 7+ Early Withdrawal Charge Rate 9 % 8 % 7 % 6 % 5 % 4 % 0 % Free Withdrawal Percentage: [10%] OWNER Owner The Owner of this Contract is the person who possesses all of the ownership rights under this Contract. The Owner on the Contract Effective Date is set out on the Contract Specifications page. If the cover page of this Contract states that it is a Nonqualified Annuity, then it may be owned by two persons jointly. If there is a joint Owner, the term “Owner” includes the joint Owner, and you must exercise all rights of ownership by joint action. You may change the Owner as provided in the Change of Owner provision of this Contract. A surviving spouse may become the Owner pursuant to the Successor Owner provision of this Contract. If an Owner is a trust, custodial account, corporation, limited liability company, partnership, or other entity, then the age of the eldest Xxxxxxxxx is treated as the age of the Owner for all purposes of this Contract.
Sample 1Sample 2
Market Close. A Market Close is the close of the regular or core trading session on the market used to measure a given Indexed Strategy. VESTED GAIN OR LOSS DURING A TERM Vesting Factor Positive Index Change Negative Index Change [Dates within the first six months of a Term] [25 %] [100 %] [Dates within the final six months of a Term, but before the final Market Date of the Term] [50 %] [100 %] After reaching the final Market Day of a Term 100 % 100 % [The final six months of a Term start with the date that is six months after the first day of the Term.] EARLY WITHDRAWAL CHARGE Contract Year 1 2 3 4 5 6+ Early Withdrawal Charge Rate 8 % 7 % 6 % 5 % 4 % 0 % Free Withdrawal Percentage: [10%]
Sample 1Sample 2
Market Close. A Market Close is the close of the regular or core trading session on the market used to measure a given Indexed Strategy. P1841622NW 4 MARKET VALUE ADJUSTMENT MVA Index Interest Rate: [BofA Xxxxxxx Xxxxx 5-10 Year US Corporate Bond Index] [This annuity is not sponsored, endorsed, sold or promoted by Xxxxxxx Lynch, Xxxxxx, Xxxxxx & Xxxxx Incorporated or any affiliate thereof (collectively “BofA Xxxxxxx Xxxxx”). BofA Xxxxxxx Xxxxx has not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to, the annuity, nor makes any representation or warranty, express or implied, to the owners of the annuity or any member of the public regarding the annuity or the advisability of investing in the annuity, particularly the ability of the BofA Xxxxxxx Xxxxx 5-10 Year US Corporate Bond Index (“Indices”) to track performance of any market or strategy. XxxX Xxxxxxx Xxxxx’s only relationship to the MassMutual Ascend Life Insurance Company (“Licensee”) is the licensing of certain trademarks and trade names and indices or components thereof. The Indices are determined, composed, and calculated by BofA Xxxxxxx Xxxxx without regard to the Licensee or the annuity or its holders. BofA Xxxxxxx Xxxxx has no obligation to take the needs of the Licensee or the holders of the annuity into consideration in determining, composing, or calculating the Indices. BofA Xxxxxxx Xxxxx is not responsible for and has not participated in the determination of the timing of, prices of, or quantities of the annuity to be issued or in the determination or calculation of the equation by which the annuity is to be priced, sold, purchased, or redeemed. BofA Xxxxxxx Xxxxx has no obligation or liability in connection with the administration, marketing, or trading of the annuity. BOFA XXXXXXX XXXXX DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE INDICES OR ANY DATA INCLUDED THEREIN AND BOFA XXXXXXX XXXXX SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, UNAVAILABILITY, OR INTERRUPTIONS THEREIN. BOFA XXXXXXX XXXXX MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, HOLDERS OF THE ANNUITY, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDICES OR ANY DATA INCLUDED THEREIN. BOFA XXXXXXX XXXXX MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, WITH RESPECT TO THE INDICES OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING A...
Sample 1
Market Close. A Market Close is the close of the regular or core trading session on the market used to measure a given Indexed Strategy. EARLY WITHDRAWAL CHARGE Contract Year 1 2 3 4 5 6 7+ Early Withdrawal Charge Rate 8 % 7 % 6 % 5 % 4 % 3 % 0 % Free Withdrawal Percentage: [10%] OWNER
Sample 1
Market Close. A Market Close is the close of the regular or core trading session on the market used to measure a given Indexed Strategy.
Sample 1

Related to Market Close

  • Project Closeout a. Participate in final inspection to prepare punch lists for project contractor to correct and/or to complete listed items. Verify that items on punch lists have been completed successfully assist COUNTY Project Manager or designee to determine completion date and coordinate project close out.

  • Project Close-out Termination of a research project that used controlled-access data from an NIHdesignated data repository (e.g., dbGaP) and confirmation of data destruction when the research is completed and/or discontinued. The project close-out process is completed in the dbGaP Authorized Access System.

  • Final Completion Date Final Completion for the Work as defined in Article 6.1.3 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by September 30, 2022.

  • TIME OF COMPLETION The Owner shall issue a Notice to Proceed identifying the date for commencement of the Work. The commencement date shall be 10 or more days after the date the notice is issued. The Contractor shall achieve substantial completion of the Work within _____________________ (____) calendar days after the commencement date, as such completion date may be extended by approved Change Orders. The time set forth for completion of the Work is an essential element of the Contract.

  • Contract Closeout ‌ Prior to the contract’s expiration date, Supplier may be provided contract close out documentation and shall complete, sign and return to VITA Supply Chain Management within 30 days of receipt. This documentation may include, but not be limited to: Patent/Royalty Certificate, Tangible Property/Asset Certificate, Escrow Certificate, SWaM Subcontracting Certification of Compliance, Sales Reports/IFA Payments Completion Certificate, and Final Payment Certificate. Supplier is required to process these as requested to ensure completion of close-out administration and to maintain a positive performance reputation with the Commonwealth of Virginia. Any closeout documentation not received within 30 days of Supplier’s receipt of the Commonwealth's request will be documented in the contract file as Supplier non-compliance. Supplier’s non-compliance may affect any pending payments due the Supplier, including final payment, until the documentation is returned.

  • Completion Date The Work under this Contract shall be completed by midnight of the date required in the Contract as the Material Completion and Occupancy Date unless extended by approved requests for extension of time.

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Account Closure At any time, for any reason, we may take any of these actions subject to applicable law:

  • Second Closing (a) In the event that prior to April 7, 2005 (the “Option Period”), a public announcement of the Clinical Event has occurred, the Company shall have the right to require a second closing (the “Second Closing”) pursuant to which the Company shall issue and sell to each Purchaser, and each Purchaser shall, severally and not jointly, purchase from the Company, one-half of such number of Units as set forth opposite such Purchaser’s name in Exhibit A attached hereto at the Per Unit Purchase Price, which shall be in addition to the Units purchased under Section 2.2. The Second Closing shall occur within two (2) business days after the public announcement of the Clinical Event. At the Second Closing, the Company shall deliver or cause to be delivered to each Purchaser the following: (i) a Warrant, registered in the name of such Purchaser, pursuant to which such Purchaser shall have the right to acquire such number of Warrant Shares as set forth opposite such Purchaser’s name on Exhibit A under the heading “Second Closing Warrant Shares,” on the terms set forth therein; (ii) an instruction letter to the Transfer Agent in the form set forth on Exhibit C hereto; and (iii) a certificate from a duly authorized officer certifying on behalf of the Company that a public announcement of the Clinical Event has occurred. At the Second Closing, each Purchaser shall instruct the Escrow Agent to deliver an amount equal to the Per Unit Purchase Price multiplied by one-half of the number of Units as set forth opposite such Purchaser’s name on Exhibit A, in United States dollars and in immediately available funds, by wire transfer to an account designated in writing to such Purchaser by the Company for such purpose, and the Company shall consent to such instruction. Each Purchaser shall have the right, at any time during the Option Period, to request a Second Closing and to purchase on the terms provided herein up to the total amount of the Units that could be purchased by such Purchaser at the Second Closing.

  • First Closing The First Closing shall have occurred.

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