Credit Factor definition
Credit Factor. We determine a VIP credit factor each month by multiplying the portions of the aggregate monthend Account Value in all Investment Accounts by the monthly equivalent of the corresponding annual VIP credit factors in the table GBErTDA.OM-K [(SBR)] 15
Credit Factor. We determine a VIP credit factor each month by multiplying the portions of the aggregate month-end Account Value in all Investment Accounts by the monthly equivalent of the corresponding annual VIP credit factors in the table below. The sum of these products is divided by the aggregate month-end Account Value in all Investment Accounts. We multiply the resulting percentage by each Participant's month-end Account Value in each Investment Account, and add the resulting amount to the Participant's Account Value for that Investment Account. Aggregate Month-End Account Value allocated to Investment Accounts Annual VIP Credit Factors --------------------------------- ------------------------- First $750,000 0.00% Next $750,000 0.20% Next $1 million 0.35% Next $2.5 million 0.65% Next $5 million 0.75% Over $10 million 0.85%
Credit Factor. We determine a VIP credit factor each month by multiplying the portions of the aggregate month-end Account Value in all Investment Accounts by the monthly equivalent of the corresponding annual VIP credit factors in the table below. The sum of these products is divided by the aggregate month-end Account Value in all Investment Accounts. We multiply the resulting percentage by each Participant's month-end Account Value in each Investment Account, and add the resulting amount to the Participant's Account Value for that Investment Account. Aggregate Month-End Account Value allocated to Investment Accounts Annual VIP Credit Factors First $ 750,000 0.10% Next $ 750,000 0.30% Next $ 1,000,000 0.45% Next $ 2,500,000 0.75% Next $ 5,000,000 0.85% Over $ 10,000,000 0.95% The VIP Credit Factor may be reduced by an annual charge percentage equal to the current fixed dollar charge for expenses you have selected and agreed to in writing divided by the aggregate period-end Account Value in all Investment Accounts. Period-end will be month-end. Alternatively, at our option and upon 30 days notice to you prior to the beginning of the next calendar quarter, we may use the aggregate calendar quarter-end Account Value in all Investment Accounts to calculate this charge. We also reserve the right to revert to a month- end calculation upon 30 days notice to you prior to the beginning of the month in which the change is to be effective. Such charge percentage may not reduce the VIP Credit Factor below 0%.]
More Definitions of Credit Factor
Credit Factor. We determine a VIP credit factor each month by multiplying the portions of your month-end Account Value in all Investment Accounts by the monthly equivalent of the corresponding annual VIP credit factors in the table DCP-uK(SVA) ((SBR)) 12 below. The sum of these products is divided by your month-end Account Value in all Investment Accounts. We multiply the resulting percentage by your month-end Account Value in each Investment Account, and add the resulting amount to your Account Value for that Investment Account. Aggregate Month-End Account Value Annual VIP Credit Factors allocated to Investment Accounts $0 - $249,999 0.00% $250,000 - $999,999 0.60% $1,000,000 - $1,999,999 0.65% $2,000,000 - $2,999,999 0.75% $3,000,000 - $4,999,999 0.85% Over $500,000,000 0.95% The VIP Credit Factor may be reduced by an annual charge percentage equal to the current fixed dollar charge for expenses you have selected and to which you have agreed in your AUL administrative services agreement divided by your period-end Account Value in all Investment Accounts. Period-end will be month-end. Alternatively, at our option and upon 30 days notice to you prior to the beginning of the next calendar quarter, we may use your calendar quarter end Account Value in all Investment Accounts to calculate this charge. We also reserve the right to revert to a month-end calculation upon 30 days notice to you prior to the beginning of the month in which the change is to be effective. Such charge percentage may not reduce the VIP Credit Factor below 0%). DCP-uK(SVA) ((SBR)) 13
Credit Factor. We determine a VIP credit factor each month by multiplying the portions of the aggregate monthend Account Value in all Investment Accounts by the monthly equivalent of the corresponding annual VIP credit factors in the table below. The sum of these products is divided by the aggregate monthend Account Value in all Investment Accounts. We multiply the resulting percentage by each Participant's monthend Account Value in each Investment Account, and add the resulting GB10.OM-K [(SBR)] 17 amount to the Participant's Account Value for that Investment Account. Aggregate MonthEnd Account Value allocated to Investment Accounts Annual VIP Credit Factors First $ 750,000 0.10% Next $ 750,000 0.30% Next $ 1,000,000 0.45% Next $ 2,500,000 0.75% Next $ 5,000,000 0.85% Over $10,000,000 0.95% The VIP Credit Factor may be reduced by an annual charge percentage equal to the current fixed dollar charge for expenses you have selected and agreed to in your AUL administrative services agreement divided by the aggregate period-end Account Value in all Investment Accounts. Period-end will be month-end. Alternatively, at our option and upon 30 days notice to you prior to the beginning of the next calendar quarter, we may use the aggregate calendar quarter-end Account Value in all Investment Accounts to calculate this charge. We also reserve the right to revert to a month-end calculation upon 30 days notice to you prior to the beginning of the month in which the change is to be effective. Such charge percentage may not reduce the VIP Credit Factor below 0%.] GB10.OM-K [(SBR)] 18
Credit Factor means the advance rates (expressed as percentages) applicable to various Crops as set forth on Exhibit B hereto.
Credit Factor. We determine a VIP credit factor each month by multiplying the portions of the aggregate monthend Account Value in all Investment Accounts by the monthly equivalent of the corresponding annual VIP credit factors in the table below. The sum of these products is divided by the aggregate monthend Account Value in all Investment Accounts. We multiply the resulting percentage by your monthend Account Value in each Investment Account, and add the resulting amount to your Account Value for that Investment Account. GB10.OM-C (NM) [(SBR)] 17 American United Life Insurance Company (R) ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ CONTRACT NUMBER [GAXXXXX] CONTRACTHOLDER [ABC SCHOOL] PARTICIPANT'S NAME [▇▇▇▇ ▇▇▇] SOCIAL SECURITY NUMBER [▇▇▇▇▇▇▇▇▇] American United Life Insurance Company hereby certifies that the Contractholder and AUL have entered into a MultipleFund Group Variable Annuity Contract (the Contract) in connection with the Contractholder's qualified Internal Revenue Code Section 401(a) Plan and/or Code Section 403(b) taxdeferred annuity Plan, and that AUL has created an account in your name to receive Contributions from the Contractholder for your benefit pursuant to the Contract. When used in this certificate, "we," "us," or "our" refer to AUL. The only parties to the Contract are the Contractholder and AUL. All rights and benefits are determined in accordance with the provisions of the Contract. Benefits under the Contract will be paid at the Contractholder's direction. Any amendments to, or changes in, the Contract will be binding and conclusive on you and your beneficiary. This certificate is not itself the Contract, but is a certificate of participation in the Contract. AMERICAN UNITED LIFE INSURANCE COMPANY Secretary Guaranteed Benefit Employer-Sponsored TDA and Qualified Plan Multiple-Fund Group Variable Annuity [(X)(SBR)] Certificate Current Interest Credited Nonparticipating ACCUMULATION UNITS IN AN INVESTMENT ACCOUNT UNDER THE CONTRACT MAY INCREASE OR DECREASE IN VALUE ACCORDING TO THE INVESTMENT PERFORMANCE OF THE UNDERLYING INVESTMENTS HELD BY THE INVESTMENT ACCOUNT. THE VALUE OF SUCH ASSETS AND ACCUMULATION UNITS IS NOT GUARANTEED. SECTION [4] OF THE CONTRACT EXPLAINS THE VALUATION OF SUCH ASSETS AND ACCUMULATION UNITS. If you have questions concerning your contract, or wish to register a complaint, you may reach us by calling [▇-▇▇▇-▇▇▇-▇▇▇▇].
Credit Factor. We determine a VIP credit factor each month by multiplying the portions of the aggregate monthend Account Value in all Investment Accounts by the monthly equivalent of the corresponding annual VIP credit factors in the table below. The sum of these products is divided by the aggregate monthend Account Value in all Investment Accounts. We multiply the resulting percentage by your monthend Account Value in each Investment Account, and add the resulting amount to your Account Value for that Investment Account. Aggregate MonthEnd Account Value allocated to Investment Accounts Annual VIP Credit Factors First $ 750,000 0.10% Next $ 750,000 0.30% Next $ 1,000,000 0.45% Next $ 2,500,000 0.75% Next $ 5,000,000 0.85% Over $10,000,000 0.95% The VIP Credit Factor may be reduced by an annual charge percentage equal to the current fixed dollar charge for expenses the Contractholder has selected and agreed to in its AUL administrative services agreement divided by the aggregate period-end Account Value in all Investment Accounts. Period-end will be month-end. Alternatively, at our option and upon 30 days notice to the Contractholder prior to the beginning of the next calendar quarter, we may use the aggregate calendar quarter-end Account Value in all Investment Accounts to calculate this charge. We also reserve the right to revert to a month-end calculation upon 30 days notice to the Contractholder prior to the beginning of the month in which the change is to be effective. Such charge percentage may not reduce the VIP Credit Factor below 0%.]
Credit Factor. We determine a VIP credit factor each month by multiplying your month-end Account Value in all Investment Accounts by the monthly equivalent of the corresponding annual VIP credit factor in the table below. We multiply the resulting percentage by your month-end Account Value in each Investment Account, and add the resulting amount to your Account Value for that Investment Account. Month-End Account Value GB10-KuportVA [(SBR)] 17 allocated to Investment Accounts Annual VIP Credit Factors Less Than $ 1,000,000 0.00% Between $ 1,000,000 and $2,000,000 0.25% Over $2,000,000 0.50% The VIP Credit Factor may be reduced by an annual charge percentage equal to the current fixed dollar charge for expenses to which you have agreed divided by your period-end Account Value in all Investment Accounts. Period-end will be month-end. Alternatively, at our option and upon 30 days notice to you prior to the beginning of the next calendar quarter, we may use your calendar quarter-end Account Value in all Investment Accounts to calculate this charge. We also reserve the right to revert to a month-end calculation upon 30 days notice to you prior to the beginning of the month in which the change is to be effective. Such charge percentage may not reduce the VIP Credit Factor below 0%.] GB10-KuportVA [(SBR)] 18
Credit Factor means, with respect to each Material Bridged Guarantee, the amount set forth opposite such Material Bridged Guarantee for the applicable period on Schedule 6.9(d).