Allocation Option definition

Allocation Option. Any account to which Purchase Payments may be allocated or Contract Value transferred under this Contract.
Allocation Option. Any account within the Guaranteed Account and any Sub-Account of the Variable Account into which amounts may be allocated under this Contract.
Allocation Option. Any account to which Purchase Payments may be allocated or Contract Value transferred under this Contract. Annuity Commencement Date: The date as of which the Contract Value, less applicable premium tax, is applied to an Annuity Option.

Examples of Allocation Option in a sentence

  • Static Allocation Options Premium Allocation Allocation Option Allocations continue on the next page.4. INVESTMENT ALLOCATIONS (continued)O Some subaccounts have restrictions depending on your policy elections.

  • During the Accumulation Phase, you can transfer all or a part of the Contract Value in an Allocation Option into another Allocation Option by providing an Authorized Request.

  • We deduct the Contract Maintenance Charge proportionately from each Allocation Option.

  • Subject to the restrictions contained in the Contract on transfers, the minimum transfer amount is $250 or your entire interest in any Allocation Option, if less.

  • However, an amount of at least 1% of the Invested Purchase Payment must be allocated to any Allocation Option.

  • When we deduct the Product Fee, we deduct it proportionately from each Allocation Option.

  • Voluntary except In Emergency Overtime work will be voluntary, unless the District declares an emergency.

  • DEFINITIONS Guaranteed Account: Includes any Allocation Option we may offer with interest rate guarantees.

  • Currently, you may select any Allocation Option which is available at the time the Purchase Payment or transfer is made.

  • RISK BASED ALLOCATIONSThe Risk Based Allocation Option offers three separate allocation investment options - Aggressive, Moderate and Conservative, each of which has a fixed risk level that does not change as the Beneficiary ages.

Related to Allocation Option

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Compensation Options means the options of the Company to be issued to the Agent pursuant to Section 8.2 hereof to acquire Compensation Shares;

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Allocation Period means (a) the period commencing on February 10, 2016 and ending on December 31, 2016, (b) any subsequent period commencing on January 1 and ending on the following December 31, or (c) any portion of the period described in clause (a) or (b) for which the Partnership is required to allocate Net Profits, Net Losses, and other items of Partnership income, gain, loss or deduction pursuant to ARTICLE IV.

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • First Option has that meaning set out in Section 3.1 (a);

  • Replacement Option has the meaning set forth in Section 3.06.

  • Renewal Option has the meaning set forth in §12.1.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Option Period means the period during which an Option may be exercised.

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Allocation Area means that part of a military base development area to which an allocation provision of a declaratory resolution adopted under section 16 of this chapter refers for purposes of distribution and allocation of property taxes.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Interest Option means LIBOR or the Reference Rate.