Death Valuation Date definition

Death Valuation Date means the Valuation Date coincident with or next following a Participant’s date of death.
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Examples of Death Valuation Date in a sentence

  • If a Participant dies before otherwise becoming eligible to receive Retirement Benefits, a Survivor Benefit will be paid to the Participant’s Beneficiary in a lump sum equal to such Participant’s Deferral Account as of the Death Valuation Date.

  • A Beneficiary shall receive the Survivor Benefit as soon as possible after the Death Valuation Date, but in no event later than the end of the calendar year of the Death Valuation Date or the 15th day of the third calendar month following the Death Valuation Date, if later.

  • Payment Options becoming operative by application of the surrender proceeds, death proceeds or maturity proceeds shall become operative on the Surrender Date, Death Valuation Date or Maturity Date respectively.

  • The DEATH BENEFIT is the ACCUMULATION VALUE or the premiums paid, minus any partial surrenders, whichever is greater, as of the Death Valuation Date.

  • Valuation Date shall include "Annual Valuation Date", "In-Service Valuation Date", "Termination Valuation Date", and "Death Valuation Date", and shall mean the last business day of the calendar month in which Termination of Employment (including Retirement) or Death occurs or, in the case of In Service Distributions, the last business day of the calendar month in which the In Service Date occurs.

  • Death Valuation Date" means the last day of the month in which a Participant's death occurs.

  • Death Valuation Date" means the last day of the calendar month in which a Participant's death occurs.

  • A Beneficiary shall receive the Survivor Benefit within ninety (90) days after the Death Valuation Date.

  • The proceeds payable upon the death before the Maturity Date if the Contract has not been surrendered shall be an amount equal to the greater of (a) the Single Purchase Payment, without interest, increased by the value of any existing Accumulation Units resulting from dividends and reduced by the portions of the Single Purchase Payment attributable to any partial surrenders, and (b) the contract value as of the Death Valuation Date.

  • As of the Death Valuation Date in case of the death of the Annuitant prior to the Maturity Date; .

Related to Death Valuation Date

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Bid Valuation Date means May 10, 2010.

  • Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Share then the Initial Valuation Date for that Share will be the first succeeding day that is an Exchange Business Day, subject to the occurrence of a Market Disruption Event. See “DESCRIPTION OF THE NOTES – Market Disruption Event” below for further detail.

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Coupon Valuation Date means the 30th of March, June, September and December of each calendar year during the term of the Securities, commencing September 30, 2010, or if such date is not an Index Business Day, then the first Index Business Day following such date, provided that the final Coupon Valuation Date will be the Calculation Date, subject to adjustment as provided under Section 3 hereof.

  • Merger Valuation Period for any Merger Event means the five consecutive Trading Day period immediately preceding, but excluding, the effective date for such Merger Event.

  • Fraud Loss Coverage Termination Date The point in time at which the Fraud Loss Coverage Amount is reduced to zero.

  • Valuation Date means the date of receipt by the General Partner of a Notice of Redemption or, if such date is not a Business Day, the first Business Day thereafter.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Designation Date as defined in Subsection 2.10(f).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Allocation Date means, with respect to any Transfer Date, the Business Day which is immediately prior to such Transfer Date.