GMDB TYPE definition

GMDB TYPE means any one of the Guaranteed Minimum Death Benefits specified in the VARIABLE ANNUITY CONTRACTS and described in Schedule A-1.
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GMDB TYPE means any benefit type listed in Schedule B and payable under a Contract Form reinsured hereunder. "Investment Fund Option" or "Fund" means any Investment Fund Option available under a Contract Form as listed in Schedule C. "Maximum Account Value" or "MAV" means any of the values identified in Schedule B and used in the calculations describing the GMDB Type.
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GMDB TYPE. One of the Guaranteed Minimum Death Benefits specified in Schedule A, applicable to ANNUITY CONTRACTS.
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Examples of GMDB TYPE in a sentence

  • THE GMDB TYPE, WHICH SHALL BE REFERRED TO THROUGHOUT THIS AGREEMENT AS GMDB TYPE 1 IS DESCRIBED IN SCHEDULE B.

  • Note: GMDB TYPE 1 is only available on the Spinnaker Variable Annuity and the Spinnaker Choice Variable Annuity contracts.

  • GMDB TYPE 4 (MAV FOR "2003 GENERATION" CONTRACT FORMS -- ISSUE AGES: 0-75) MN HL-VAMAV703MN LA-VAMAV703MN HL-VAPLUSMAV703MN LA-VAPLUSMAV703MN NY HL-VAMAV03NY HL-VAPLUSMAV03NY WA HL-VAMAV03WA LA-VAMAV03WA HL-VAPLUSMAV03WA LA-VAPLUSMAV03WA GMDB TYPE 5 (MAV ON "CURRENT" CONTRACT FORMS -- ISSUE AGES: 0-75) Death benefit is defined as part of underlying contract form.

  • The Annual Ratchet GMDB TYPE, which is described in Schedule A-1, is not covered by this agreement on ANNUITY CONTRACTS issued after December 31, 2005.

  • Note: Only GMDB TYPE 2 on the Spinnaker Choice Variable Annuity contracts are reinsured under this treaty.

  • MONTHLY REINSURANCE PREMIUM RATE means the numerical value provided in Schedule D, for each CONTRACT TYPE and GMDB TYPE.

  • TO THE EXTENT THAT, DUE TO THE ISSUANCE OF ADDITIONAL DEATH BENEFIT RIDER FORMS NOT LISTED IN SCHEDULE A ON A COVERED CONTRACT, THE ACTUAL GMDB LIABILITY EXCEEDS THE LIABILITY FOR GMDB TYPE 1, SUCH EXCESS SHALL NOT BE COVERED UNDER THIS AGREEMENT.

  • GMDB TYPE 6 (MODIFIED MAV ON "2003 GENERATION" CONTRACT FORMS -- MAV TO AGE 70, APB THEREAFTER-ISSUE AGES: 0-70) HL-VAMAV703 LA-VAMAV703 HL-VAPLUSMAV703 LA-VAPLUSMAV703 XX-XXXXX00-0 XX-XXXXX00-0 HL-VAPLUSLPB03-1 LA-VAPLUSLPB03-1 SCHEDULE B LISTING AND DESCRIPTIONS OF GMDB TYPES GMDB TYPE 1 (EPB/MAV ON "CURRENT" CONTRACT FORMS) GMDB Type 1 coverage applies to "Current" contract forms (as described in Schedule A) in which contractholders have elected an optional Earnings Protection Benefit rider.

  • Further, there is no clear evidence that either for-profit entities or NGOs are, generically, any more efficient or effective than the other in delivering developmentservices.

  • SCHEDULE D REINSURANCE PREMIUM RATE The Annual REINSURANCE PREMIUM RATE is as follows: For Spinnaker or Spinnaker Choice Variable Annuity contracts with only GMDB TYPE 1, the Annual REINSURANCE PREMIUM RATE is equal to 32.0 basis points (0.0032).


More Definitions of GMDB TYPE

GMDB TYPE means one of the Guaranteed Minimum Death Benefits specified in Schedule A, applicable to ANNUITY CONTRACTs. ACCOUNT VALUE means for each ACTIVE CONTRACT, the sum of the invested assets in the investment funds shown in Schedule B-2. INSURED LIFE means the annuitant of each ANNUITY CONTRACT. Ohio National — ACE Tempest Re GMDB 2006 Treaty 3
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GMDB TYPE. One of the Guaranteed Minimum Death Benefits specified in Schedule A, applicable to ANNUITY CONTRACTS. AMENDMENT NO. 14 to the VARIABLE ANNUITY REINSURANCE AGREEMENT Between THE OHIO NATIONAL LIFE INSURANCE COMPANY (“CEDING COMPANY”) and ACE TEMPEST LIFE REINSURANCE LTD. (“REINSURER”) Effective May 1, 2007, this Amendment is hereby attached to and becomes a part of the above-described Reinsurance Agreement. It is mutually agreed that the Agreement will be amended to update the investment funds. To effect this change, the following provision of this Agreement is hereby amended: • Schedule B-2, Subaccounts Subject to this Reinsurance Agreement (Amendment #12), is hereby replaced by the attached Schedule B-2. The Ohio National Life Insurance Company ACE Tempest Life Reinsurance Ltd. By: By: Name: Name: Title: Title: Date: Date:
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GMDB TYPE means any benefit type listed in Schedule B and payable under a Contract Form reinsured hereunder.
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GMDB TYPE means any one of the Guaranteed Minimum Death Benefits specified in the VARIABLE ANNUITY CONTRACT and described in Schedule A. RETAIL ANNUITY PREMIUMS, after June 30,2000, means contributions made in accordance with the provisions of any VARIABLE ANNUITY CONTRACT by or on behalf of the contract owner, whether referred to as purchase payments, premiums, deposits, or otherwise. For business in force on June 30, 2000, RETAIL ANNUITY PREMIUMS as of that date means the ACCOUNT VALUE on June 30, 2000.
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Related to GMDB TYPE

  • Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 8740031 181 RFC01 $97,600.00 $24,400.00 $198.09 713 0301869988 7 181 1 $122,000.00 05/15/2003 42 CHANDLER AZ 85200 00 0.000 100 $24,400.00 06/01/2018 2 8728811 181 04 $56,755.00 $54,200.00 $514.84 735 0301861464 6 181 1 $112,000.00 05/15/2003 33 Gurnee IL 60000 00 0.000 100 $54,200.00 06/01/2018 2 8728637 181 14 $101,900.00 $25,475.00 $180.31 736 0301861845 7 181 1 $127,375.00 05/15/2003 31 CLINTON UT 84000 00 0.000 100 $25,475.00 06/01/2018 2 8718375 180 14 $136,800.00 $25,650.00 $235.60 720 0301856670 6 180 1 $171,000.00 05/15/2003 44 WENATCHEE WA 98800 00 0.000 95 $25,650.00 05/19/2018 2 8370728 181 14 $376,000.00 $47,000.00 $412.01 786 0301870333 6 181 1 $470,000.00 05/15/2003 42 Tonwship of West Windsor NJ 00000 00 0.000 90 $47,000.00 06/01/2018 2 8370488 181 09 $353,600.00 $66,300.00 $477.27 758 0301869814 7 181 1 $442,000.00 05/15/2003 34 Centreville VA 20100 00 0.000 95 $66,300.00 06/01/2018 2 8720207 181 14 $220,000.00 $65,000.00 $450.05 791 0301867941 7 181 1 $305,000.00 05/15/2003 35 Township Of Roxbury NJ 00000 00 0.000 94 $65,000.00 06/01/2018 2 8370724 181 04 $344,000.00 $64,500.00 $464.32 688 0301870432 7 181 1 $430,000.00 05/15/2003 31 Washington DC 20000 00 0.000 95 $64,500.00 06/01/2018 2 8728733 181 14 $169,004.00 $46,000.00 $450.29 691 0301861373 6 181 1 $220,000.00 05/15/2003 43 Moore OK 73100 00 0.000 98 $46,000.00 06/01/2018 2 8740067 181 09 $296,000.00 $74,000.00 $750.56 698 0301870580 6 181 1 $370,000.00 05/16/2003 42 TEMECULA CA 92500 00 0.000 100 $74,000.00 06/01/2018 2 8728667 181 14 $164,000.00 $14,450.00 $128.87 788 0301862496 6 181 1 $205,000.00 05/16/2003 44 CHELSEA AL 35000 00 0.000 88 $14,450.00 06/01/2018 2 8715337 181 09 $129,600.00 $32,400.00 $347.97 673 0301853537 6 181 1 $162,000.00 05/16/2003 43 RICHMOND TX 77400 00 0.000 100 $32,400.00 06/01/2018 2 8715329 181 14 $108,000.00 $13,500.00 $144.99 798 0301853412 6 181 1 $135,000.00 05/16/2003 50 NORTH RICHLAND HILLS TX 00000 00 0.000 90 $13,500.00 06/01/2018 2 8715331 181 14 $144,000.00 $18,000.00 $120.97 713 0301853420 7 181 1 $180,000.00 05/16/2003 23 BATON ROUGE LA 70800 00 0.000 90 $18,000.00 06/01/2018 2 8370636 181 04 $194,400.00 $24,300.00 $178.14 769 0301867180 7 181 1 $243,000.00 05/16/2003 24 Alexandria VA 22300 00 0.000 90 $24,300.00 06/01/2018 2 8727175 180 14 $51,700.00 $24,300.00 $225.13 778 0301861613 6 180 1 $82,000.00 05/16/2003 28 Ft. Wayne IN 46808 00 7.490 93 $24,300.00 05/21/2018 2 8715339 180 14 $262,400.00 $65,600.00 $458.68 734 0301851549 7 180 1 $328,000.00 05/16/2003 36 BELLINGHAM WA 98200 00 0.000 100 $65,600.00 05/16/2018 2 8728653 180 14 $237,371.00 $21,000.00 $167.09 640 0301862116 7 180 1 $300,000.00 05/16/2003 49 CANAL WINCHESTER OH 00000 00 0.000 87 $21,000.00 05/21/2018 2 8715301 181 14 $250,000.00 $47,500.00 $331.31 778 0301852554 7 181 1 $350,000.00 05/16/2003 50 WESTMINSTER MD 21100 00 0.000 85 $47,500.00 06/01/2018 2 8370722 300 14 $85,979.00 $44,200.00 $403.83 669 0301867537 8 300 1 $144,000.00 05/16/2003 45 Ypsilanti MI 48100 00 00.000 91 $44,200.00 05/22/2028 2 8724285 181 09 $235,200.00 $29,400.00 $200.06 710 0301859153 7 181 1 $294,000.00 05/16/2003 30 CARSON CITY NV 89700 00 0.000 90 $29,400.00 06/01/2018 2

  • engine type means a category of engines which do not differ in essential engine characteristics.

  • Transaction Type means the nature of a fuel-based transaction as defined below:

  • Service Type means the customer class, partial customer class and/or group of customer classes, as set forth in a Transaction Confirmation.

  • Term: Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 8672591 181 09 $322,700.00 $73,600.00 $489.67 733 0301836680 7 179 1 $465,000.00 03/18/2003 24 BIG CANOE GA 00000 00 0.000 86 $73,157.38 04/01/2018 2 8567771 180 09 $136,000.00 $29,000.00 $248.65 775 0301748067 6 178 1 $170,000.00 03/18/2003 42 Oak Harbor WA 98200 00 0.000 98 $28,694.29 03/24/2018 2 8672657 181 04 $248,000.00 $46,500.00 $333.14 792 0301832416 7 179 1 $310,000.00 03/18/2003 42 HUNTINGTON BEACH CA 92600 00 0.000 95 $46,467.17 04/01/2018 2 8602633 181 14 $140,250.00 $22,900.00 $203.22 726 0301834768 6 179 1 $187,000.00 03/18/2003 23 AUSTIN TX 78700 00 0.000 88 $22,874.64 04/08/2018 2 8589811 180 09 $210,400.00 $39,450.00 $376.06 712 0301786729 6 178 1 $263,000.00 03/18/2003 42 Westfield IN 46000 00 0.000 95 $39,201.02 03/18/2018 2 8589937 180 14 $140,000.00 $35,000.00 $273.21 690 0301781720 7 178 1 $175,000.00 03/18/2003 41 Burien WA 98100 00 0.000 100 $34,964.62 03/18/2018 2 8599735 181 14 $140,000.00 $26,250.00 $194.91 683 0301802344 7 179 1 $175,000.00 03/18/2003 36 Covina CA 91722 01 8.130 95 $26,232.82 04/01/2018 2 8672269 181 04 $162,100.00 $20,300.00 $188.19 701 0301871950 6 179 1 $202,707.00 03/18/2003 32 AUSTIN TX 78700 00 0.000 90 $20,138.69 04/01/2018 2 8566623 181 14 $233,700.00 $45,000.00 $409.52 774 0301751731 6 179 1 $367,000.00 03/18/2003 24 Fullerton CA 92800 00 0.000 76 $44,860.48 04/01/2018 2 8554261 181 14 $211,258.00 $40,000.00 $423.75 656 0301737565 6 179 1 $265,000.00 03/18/2003 39 Newton NJ 07800 00 0.000 95 $39,901.25 04/01/2018 2 8360980 181 14 $260,000.00 $37,500.00 $281.72 703 0301776423 7 179 1 $325,000.00 03/18/2003 40 Long Beach CA 90800 00 0.000 92 $37,452.02 04/01/2018 2 8582707 181 14 $104,922.00 $72,000.00 $525.70 781 0301763454 7 179 1 $436,000.00 03/18/2003 45 Hollister CA 95000 00 0.000 41 $72,000.00 04/01/2018 2 8672669 181 14 $352,000.00 $41,000.00 $279.70 779 0301830428 7 179 1 $460,000.00 03/18/2003 26 LIVERMORE CA 94500 00 0.000 86 $40,968.01 04/01/2018 2 8672629 181 14 $232,000.00 $58,000.00 $596.94 754 0301830659 6 179 1 $290,000.00 03/18/2003 50 WHITTIER CA 90600 00 0.000 100 $57,850.14 04/01/2018 2 8579853 180 14 $217,559.00 $96,900.00 $846.77 736 0301753828 6 178 1 $349,425.00 03/18/2003 45 Springfield VA 22100 00 0.000 90 $96,262.55 03/24/2018 2 8366198 181 09 $95,650.00 $22,500.00 $149.70 734 0301839072 7 179 1 $147,715.00 03/18/2003 43 Humble TX 77300 00 0.000 80 $22,462.99 04/01/2018 2 8366668 181 14 $195,600.00 $12,000.00 $79.84 719 0301832739 7 179 1 $244,517.00 03/18/2003 49 Hampshire IL 60100 00 0.000 85 $11,980.26 04/01/2018 2 8359464 181 14 $312,800.00 $58,650.00 $417.15 712 0301752689 7 179 1 $391,000.00 03/18/2003 37 Gaithersburg MD 20800 00 0.000 95 $48,565.67 04/01/2018 2 8602919 241 09 $163,200.00 $17,800.00 $139.76 686 0301822896 9 239 1 $204,000.00 03/18/2003 31 CONROE TX 77300 00 0.000 89 $17,685.51 04/08/2023 2 8602925 181 14 $223,900.00 $31,000.00 $283.86 781 0301828257 6 179 1 $279,900.00 03/18/2003 20 HOUSTON TX 77000 00 0.000 92 $30,838.25 04/02/2018 2 8564821 181 14 $176,000.00 $44,000.00 $407.26 759 0301747036 6 179 1 $220,000.00 03/18/2003 42 SACRAMENTO CA 95800 00 0.000 100 $43,861.82 04/01/2018 2 Page 280 of 510

  • Document type means the type of payment request or receiving report available for creation in Wide Area WorkFlow (WAWF).

  • aircraft type means all aircraft of the same basic design including all modifications thereto except those modifications which result in a change in handling or flight characteristics;

  • product type means any of the following:

  • Rate Type means the Offshore Rate, the Base Rate or the CP Rate.

  • Unique item identifier type means a designator to indicate which method of uniquely identifying a part has been used. The current list of accepted unique item identifier types is maintained at http://www.acq.osd.mil/dpap/pdi/uid/uii_types.html.

  • Open type traction battery means a type of battery requiring liquid and generating hydrogen gas released to the atmosphere.

  • Vehicle type means a category of motor vehicles which do not differ in such essential respects as:

  • All-terrain type I vehicle means the same as that term is defined in Section 41-22-2.

  • Issue Type Category means, with respect to a Municipal Obligation acquired by the Fund, for purposes of calculating S&P Eligible Assets as of any Valuation Date, one of the following categories into which such Municipal Obligation falls based upon a good faith determination by the Fund: health care issues (including issues related to teaching and non-teaching hospitals, public or private); housing issues (including issues related to single- and multi-family housing projects); educational facilities issues (including issues related to public and private schools); student loan issues; transportation issues (including issues related to mass transit, airports and highways); industrial development bond issues (including issues related to pollution control facilities); public power utilities issues (including issues related to the provision of electricity, either singly or in combination with the provision of other utilities, and issues related only to the provision of gas); water and sewer utilities issues (including issues related to the provision of water and sewers as well as combination utilities not falling within the public power utilities category); special utilities issues (including issues related to resource recovery, solid waste and irrigation as well as other utility issues not falling within the public power and water and sewer utilities categories); general obligation issues; lease obligations (including certificates of participation); Escrowed Bonds; and other issues (“Other Issues”) not falling within one of the aforementioned categories. The general obligation issue category includes any issuer that is directly or indirectly guaranteed by the State or its political subdivisions. Utility issuers are included in the general obligation issue category if the issuer is directly or indirectly guaranteed by the State or its political subdivisions. Municipal obligations in the utility issuer category will be classified within one of the three following sub-categories: (i) electric, gas and combination issues (if the combination issue includes an electric issue); (ii) water and sewer utilities and combination issues (if the combination issues does not include an electric issue); and (iii) irrigation, resource recovery, solid waste and other utilities, provided that Municipal Obligations included in this sub-category (iii) must be rated by S&P in order to be included in S&P Eligible Assets. Municipal Obligations in the transportation issue category will be classified within one of the two following sub-categories: (i) streets and highways, toll roads, bridges and tunnels, airports and multi-purpose port authorities (multiple revenue streams generated by toll roads, airports, real estate, bridges); (ii) mass transit, parking seaports and others.

  • Subsidized Xxxxxxxx Loan means a Loan for which the interest rate is governed by Section 427A(a) or 427A(d) of the Higher Education Act.

  • Liquidation Type REO Sale 3rd Party Sale Short Sale Charge Off Was this loan granted a Bankruptcy deficiency or cramdown Yes No If “Yes”, provide deficiency or cramdown amount _______________________________ Liquidation and Acquisition Expenses:

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.

  • License Type means the type of license granted be it a perpetual license or subscription license for a specified duration, such information being as specified in the Notification Form.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Categorical pretreatment standard or "categorical standard" means any regulation containing pollutant discharge limits promulgated by the environmental protection agency in accordance with sections 307(b) and (c) of the Act (33 U.S.C. section 1317) that apply to a specific category of users and that appear in 40 CFR chapter I, subchapter N, parts 405 through 471.

  • Serialization within the enterprise identifier means each item produced is assigned a serial number that is unique among all the tangible items produced by the enterprise and is never used again. The enterprise is responsible for ensuring unique serialization within the enterprise identifier.

  • Check Meter means the Buyer revenue-quality meter section(s) or meter(s), which Buyer may require at its discretion, and which will include those devices normally supplied by Buyer or Seller under the applicable utility electric service requirements.

  • Amount Generally Billed or “AGB” means, with respect to emergency and other medically necessary care, the amount generally billed to individuals who have insurance covering such care.

  • Nursing home-type patients means a patient who has been in hospital more than 35 days, no longer requires acute hospital care, cannot live independently at home or be looked after at home, and either cannot be placed in a nursing home or a nursing home place is not available.

  • Living Wage Certifier means the Living Wage for Families Campaign, any successor entity, or, in the event the Living Wage for Families Campaign ceases to carry on operations, such other living wage certification entity designated by the City to the Contractor in writing;

  • stacked townhouse means a building, other than a townhouse or apartment building, containing at least 3 dwelling units, each dwelling unit being separated from the other vertically and/or horizontally, and each dwelling unit having an entrance to grade shared with no more than 3 other units;