Purchase of Single Premium Group Annuity Contract Sample Clauses

Purchase of Single Premium Group Annuity Contract. A. Group Annuity Contract Issuance and Final Plan Portfolio Transfer
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Purchase of Single Premium Group Annuity Contract. Section 2.1 Closing 21 Section 2.2 Deliveries at Closing 22 Section 2.3 Final Plan Portfolio and Contract 300 Portfolio P 23 Section 2.4 Calculation of Base Annuity Premium and Solicited Adjusted Annuity Premium 23 Section 2.5 Calculation of Revised Base Annuity Premium 26 Section 2.6 Determination and Valuation of Final Plan Portfolio 28 Section 2.7 Calculation of Dry-Run Closing Premiums 29 Section 2.8 Calculation of the Preliminary Closing Premium and Revised Preliminary Closing Premium 30 Section 2.9 Calculation of the Closing Final Premium 31 Section 2.10 Interim Post-Closing Final Premium 33 Section 2.11 Final Valuation of Final Plan Portfolio and Post-Closing Final Premium 34 Section 2.12 Post-Closing Final Premium and Closing Asset Valuation Disputes 35
Sample 1
Purchase of Single Premium Group Annuity Contract. 13 2.1Closing......................................................................................................................... 13
Sample 1
Purchase of Single Premium Group Annuity Contract. Section 2.1 Closing 21 Section 2.2 Deliveries at Closing 22 Section 2.3 Final Plan Portfolio and Contract 300 Portfolio P 23 Section 2.4 Calculation of Base Annuity Premium and Solicited Adjusted Annuity Premium 23 Section 2.5 Calculation of Revised Base Annuity Premium 26 Section 2.6 Determination and Valuation of Final Plan Portfolio 27
Sample 1
Purchase of Single Premium Group Annuity Contract 
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Related to Purchase of Single Premium Group Annuity Contract

  • Single Premium Credit Life Insurance None of the proceeds of the Mortgage Loan were used to finance single-premium credit life insurance policies;

  • Single-Premium Credit Life Insurance Policy In connection with the origination of any Mortgage Loan, no proceeds from any Mortgage Loan were used to finance a single-premium credit life insurance policy;

  • Fixed Annuity 10 1.16 Fund(s) ........................................................... 10 1.17

  • Contribution Formula Dental Coverage a. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2006, and January 1, 2007, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Life Annuity The monthly annuity shall be payable to the annuitant for as long as the annuitant lives, and shall end with the last monthly payment before the death of the annuitant.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • Traditional Individual Retirement Custodial Account The following constitutes an agreement establishing an Individual Retirement Account (under Section 408(a) of the Internal Revenue Code) between the depositor and the Custodian.

  • Qualified Joint and Survivor Annuity An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

  • Supplemental Life Insurance In addition to the life insurance benefits provided by this agreement, employees may subscribe voluntarily and at their own expense for supplemental life insurance. Employees may subscribe for an amount not to exceed five hundred thousand dollars ($500,000), of which one hundred thousand ($100,000) is a guaranteed issue, provided the election is made within the required enrollment periods.

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