Examples of Account Transfer Date in a sentence
For transfers to a Fixed Indexed Account, we allocate Accumulation Value to the Interim Account until the next Interim Account Transfer Date and then transfer the Accumulation Value from the Interim Account to the Fixed Indexed Accounts.
The account balances in the Vishay NQDB Plan of Vishay Employees or former Vishay Employees who become VPG Employees after the Account Transfer Date shall remain in the Vishay NQDB Plan, and shall continue to be governed by the terms of the Vishay NQDB Plan.
VPG shall cause the VPG KEWAP and the VPG KEWAP rabbi trust to accept such transfer of accounts and associated amounts and, effective as of the Account Transfer Date, to assume and to fully perform, pay and discharge all obligations of the Vishay KEWAP relating to the accounts of VPG Participants as of the Account Transfer Date, to the extent the amounts related to those accounts are actually transferred from the Vishay KEWAP to the VPG KEWAP.
Net Premium allocations to the Fixed Indexed Accounts on a date other than an Interim Account Transfer Date will be transferred to the Interim Account.
Net Premium will be allocated to the Interim Account on the day it is received and will remain there until the next Interim Account Transfer Date.