General Account Assets definition

General Account Assets means, collectively, the Non-NY General Account Assets and the NY General Account Assets.
General Account Assets means the Eligible Assets supporting the General Account Liabilities, including outstanding policy loans.
General Account Assets. The assets of an Investor Certificateholder that is an insurance company, other than assets allocated to a "separate account" (as defined in ERISA) maintained by such Investor Certificateholder.

Examples of General Account Assets in a sentence

  • For purposes of projecting annuitization benefits (including annuitizations stemming from the election of a GMIB), the projected annuitization purchase rates shall be determined assuming that market interest rates available at the time of election are the interest rates used to project General Account Assets, as determined in A1.4)D).

  • General Account Assets means the sum of the amount of the Guaranteed Interest Account and all other amounts held under the Agreement in MassMutual’s general investment account.

  • Altman, The Case for the Nonapplication of ERISA to Insurers’ General Account Assets, 21 Tort & Ins.

  • MassMutual shall determine the value of the General Account Assets.

  • This option provides for payment in six (6) equal annual installments of the value of the General Account Assets.

  • The amount of the General Account Assets will be held in the general investment account of MassMutual and credited with the Holding Account Rate from the Termination Date until disbursed in accordance with Section 5, except as hereinafter provided.

  • This Option provides for installment payments of the General Account Assets.

  • The Cedant shall own and control all General Account Assets and Separate Accounts Assets in the Modco Accounts.

  • This option provides for payment in eleven (11) equal annual installments of the value of the General Account Assets.

  • This option provides for payment in #2 [six (6)] equal annual installments of the value of the General Account Assets.


More Definitions of General Account Assets

General Account Assets means (a) with respect to the Indirect Business, those assets within the KILICO Security Trust which, at the Closing Date, identified in Exhibit C; (b) with respect to the Direct Business, those assets which, at the Closing Date are identified in Exhibit C; and (c) investment income due and accrued. For avoidance of doubt, (a) the list General Account Assets is subject to change after the Closing Date pursuant to Reinsurer’s management of such assets as provided In Section 2.2. and (b) General Account Assets at all times shall include Policy loans and contract loans.

Related to General Account Assets

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Investment Account As defined in Section 3.12(a).

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Holding Account means an account: