In-Force Block definition

In-Force Block means the annuity contracts issued by the Ceding Company prior to, and in-force as of, the Effective Time under the product names identified on Schedule I-2 and as set forth in a seriatim listing provided by the Ceding Company to the Reinsurer on the In-Force Block Closing Date (which seriatim listing shall be deemed an addendum to, and incorporated by reference into, Schedule I-2 hereto).
View Source

Examples of In-Force Block in a sentence

  • Prior to the Effective Time, the Ceding Company has not prepared or relied on a written policy for Non-Guaranteed Elements with respect to the Reinsured Policies comprising the In-Force Block.

  • Schedule XIV hereto describes the process by which the Ceding Company will determine the Non-Guaranteed Elements for the In-Force Block at each renewal period after the Effective Time and for Reinsured Policies other than those included in the In-Force Block.

  • As of the Closing Date, there has been no actuarial reports prepared by external actuaries with respect to the Reinsured Policies or any reports by internal actuaries prepared specifically in respect of the Reinsured Policies constituting the In-Force Block considered in its entirety.

  • The Ceding Company has administered and provided contractholder and claims servicing with respect to the Reinsured Policies comprising the In-Force Block since their respective dates of issuance in a manner consistent in all material respects with the terms of the Reinsured Policies and applicable Law.

  • For any Test Period, the ratio of (i) EBITDA of Borrower and its Subsidiaries on a Consolidated basis for such period, to (ii) Fixed Charges for such period.

  • For this purpose, the “Initial Premium” shall equal (i) the amount of the Ceded Reserves for the In-Force Block as of the Effective Time, minus (ii) the Contract Loan Balance for the In-Force Block at the Effective Time, minus (iii) the Amortized Cost of Index Options in respect of the Reinsured Liabilities of the In-Force Block at the Effective Time.

Related to In-Force Block

  • Subordinate joint force commander means a sub-unified commander or joint task force commander.

  • Approved substance use disorder treatment program means a program for persons with a substance use disorder provided by a treatment program certified by the department as meeting standards adopted under chapter 71.24 RCW;

  • Autism spectrum disorders means any of the pervasive developmental disorders as defined by the Diagnostic and Statistical Manual of Mental Disorders, 4th edition, published by the American Psychiatric Association, including autistic disorder, Asperger's disorder and pervasive developmental disorder not otherwise specified. [PL 2011, c. 420, Pt. A, §26 (RAL).]

  • Autism spectrum disorder means a neuro-developmental condition typically appearing in the first three years of life that significantly affects a person's ability to communicate, understand relationships and relate to others, and is frequently associated with unusual or stereotypical rituals or behaviours.

  • Project Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.2 of Exhibit B to the ITP.