IDS Life definition

IDS Life means and refer to RiverSource Life Insurance Company. Until the Effective Time, all references in this Agreement and its Schedules to "American Enterprise Life", "American Partners Life", "IDS Life" and "Company" shall refer to each such Party individually, as if the same had entered into an agreement with AVIF and AIM.
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Examples of IDS Life in a sentence

  • The Corporation agrees to pay to IDS Life, and IDS Life covenants and agrees to accept from the Corporation in full payment for the services furnished, a fee composed of an asset charge and a performance incentive adjustment.

  • This is a Yearly Renewable Term (YRT) agreement for indemnity reinsurance (the "Agreement") solely between IDS Life Insurance Company (the "Ceding Company"), an insurance company domiciled in the State of Minnesota, and [name of reinsurance company], an insurance company domiciled in the State of [state] (the "Reinsurer"), collectively referred to as the "parties".

  • If to the Company: IDS Life Insurance Company of New York c/o American Express Financial Advisors Inc.

  • IDS Life recognizes that AEFC now renders and may continue to render investment advice and other services to other persons which may or may not have investment policies and investments similar to those of the Funds included herein, and that AEFC manages its own investments and those of certain subsidiaries.

  • AEFC shall be free to render such investment advice and other services, and IDS Life hereby consents thereto.

  • All transactions will be executed in a manner and in accordance with the procedures and standards as set forth in, or as established in accordance with, the investment management agreement between IDS Life and such Fund.

  • It is further understood and agreed that AEFC may rely upon information furnished to it reasonably believed to be accurate and reliable and that, except as hereinabove provided, AEFC shall not be accountable for any loss suffered by IDS Life or Funds included herein by the reason of the latter's action or nonaction on the basis of any advice or recommendation of AEFC, its officers, directors or agents.

  • It is understood and agreed that in furnishing the investment advice and other services as herein provided neither AEFC, nor any officer, director, employee, or agent thereof shall be held liable to IDS Life or Funds included herein or creditors for errors of judgment or for anything except willful misfeasance, bad faith, or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the terms of this agreement.

  • The foregoing fee shall be paid on a monthly basis in cash by IDS Life to AEFC within five (5) business days after the last day of each month.

  • IDS Life shall furnish AEFC with information concerning such procedures and standards, and any amendments thereto; and AEFC will maintain records to assure that such transactions have been executed in accordance therewith.

Related to IDS Life

  • Active life of a facility means the period from the initial receipt of hazardous waste at the facility until the Agency receives certification of final closure.

  • System Life means all phases of the system's development, production, or support.

  • Service life means the expected period of viable, technical and economic life of an asset;

  • life cycle means all consecutive and/or interlinked stages, including research and development to be carried out, production, trading and its conditions, transport, use and maintenance, throughout the existence of the product or the works or the provision of the service, from raw material acquisition or generation of resources to disposal, clearance and end of service or utilisation;

  • Average Life Date means, for each Equipment Note to be redeemed, the date which follows the redemption date by a period equal to the Remaining Weighted Average Life at the redemption date of such Equipment Note. “Remaining Weighted Average Life” of an Equipment Note, at the redemption date of such Equipment Note, means the number of days equal to the quotient obtained by dividing: (i) the sum of the products obtained by multiplying (A) the amount of each then remaining installment of principal, including the payment due on the maturity date of such Equipment Note, by (B) the number of days from and including the redemption date to but excluding the scheduled Payment Date of such principal installment by (ii) the then unpaid principal amount of such Equipment Note.