GELAAC definition

GELAAC means GE Life and Annuity Assurance Company, a Virginia insurance company.
GELAAC shall have the meaning specified in the first paragraph of this Agreement.

Examples of GELAAC in a sentence

  • See additional discussion in TRC's Annual Report on Form 10-K for the fiscal year ended June 30, 2010, Quarterly Reports on Form 10-Q, and other factors detailed from time to time in the Company's other filings with the Securities and Exchange Commission.

  • GELAAC agrees to maintain all required books of account and related financial records on behalf of CBC.

  • An Indemnified Person shall give prompt written notice to GELAAC of any action, suit or proceeding commenced or threatened against the Indemnified Person.

  • All capitalized terms not otherwise defined herein will have the meanings set forth in the Standard Indenture Terms attached as Exhibit 4.1 to Registration Statement on Form S-3 (File No. 333-128718) filed with the Securities and Exchange Commission (the “Commission”) by GELAAC on September 30, 2005, as amended by Amendment No. 1 filed with the Commission on December 8, 2005.

  • The Indemnified Person may not settle any action, investigation or proceeding without the consent of GELAAC, not to be unreasonably withheld.

  • Order dated March 22, 2004 from Texas Commissioner of Insurance approving (i) a Tax Allocation Agreement among GECA, GELAAC, PIC, GECLANY, FHL, First Colony, AML, JLIC, RL and Genworth; (ii) a Tax Matters Agreement among Genworth and participating life insurance companies; (iii) an amendment to a Tax Indemnification Agreement between PIC and GNA; and (iv) an Amended and Restated Investment Management and Services Agreement between PIC and GEAM, each as described in a Form D dated February 11, 2004.

  • Without limiting the generality of the foregoing, CBC shall furnish the Virginia State Corporation Commission or the Bureau of Insurance thereof with any information or reports which the Commission or the Bureau of Insurance may request in order to ascertain whether the operations of GELAAC are being conducted in an manner consistent with the Commission's regulations and any other applicable laws.

  • Unless otherwise stated in the Accumulation Fund Schedule, all payments GELAAC makes will be net of any applicable withholding or deduction for or on account of any present or future taxes, duties, levies, assessments or other governmental charges of whatever nature imposed or levied by or on behalf of any governmental authority having the power to tax.

  • CBC shall have the responsibility for maintaining records relating to its registered representatives that are licensed, registered and otherwise qualified to sell the Contracts and relating to broker-dealers engaged in the distribution of the Contracts, and shall provide periodic reports thereof to GELAAC as requested.

  • GELAAC is neither a trustee nor a fiduciary with respect to the Accumulation Fund.

Related to GELAAC

  • Reinsurer has the meaning set forth in the preamble.

  • Policyholder means the adult person named in the Schedule who has concluded the Policy with the Company.

  • The Subscribing Reinsurer s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.

  • CDSC means with respect to any Fund, the contingent deferred sales charge payable, either directly or by withholding from the proceeds of the redemption of the Shares of such Fund, by the shareholders of such Fund on any redemption of Shares of such Fund in accordance with the Prospectus relating to such Fund.

  • Ceding Company has the meaning set forth in the preamble.

  • Note Insurer means MBIA Insurance Corporation, a New York stock insurance corporation, and its successors and assigns.

  • Reinsurers shall be understood to mean “Reinsurers”, “Underwriters” or whatever other term is used in the attached reinsurance document to designate the reinsurer or reinsurers.

  • DFS means Deutsche Financial Services Corporation, a Nevada corporation, or its successors in interest.

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.

  • Ambac Ambac Assurance Corporation (formerly known as AMBAC Indemnity Corporation).

  • Settlement Administrator means the administrator proposed by the Parties and appointed by the Court to administer the Settlement.

  • MGA means the Municipal Government Act (Alberta);

  • Policyholders surplus” means an insurer’s net worth, the difference between its assets and liabilities, as reported in its annual statement.

  • CFD Administrator means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.

  • CNA means a 20-year capital needs assessment or analysis of replacement reserve requirements.

  • XXXXX Administrator means the Bank of England (or any successor administrator of the Sterling Overnight Index Average).

  • Contractholder means any entity that is a party to a Contract with a Participating Company (as defined below).

  • Policy Provider means MBIA Insurance Corporation, or any successor thereto.

  • NSS means the new safekeeping structure for registered global securities which are intended to constitute eligible collateral for Eurosystem monetary policy and intra-day credit operations;

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Claims Administrator means the firm proposed by Class Counsel and appointed by the Courts to administer the Settlement Amount in accordance with the provisions of this Settlement Agreement and the Distribution Protocol, and any employees of such firm.

  • Reassured shall be understood to mean “Company”, “Reinsured”, “Reassured” or whatever other term is used in the attached reinsurance document to designate the reinsured company or companies.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • Settlement Agent means, with respect to any Transaction the subject of which is a Wet-Ink Mortgage Loan, the entity approved by Agent, in its sole good-faith discretion, which may be a title company, escrow company or attorney in accordance with local law and practice in the jurisdiction where the related Wet-Ink Mortgage Loan is being originated.

  • Credit Enhancement Provider means, with respect to any Securities, any person issuing, funding or otherwise making available, for the benefit of Securityholders or any party to a Serviced Corporate Trust Contract, an asset as an enhancement of the credit quality or liquidity of any Securities or the mortgage assets or other assets pledged for or underlying such Securities, such as a letter of credit, surety bond, insurance policy, guaranty, reserve fund pledge or collateral undertaking.

  • DOI means the United States department of interior.