Interest Maintenance Reserve definition

Interest Maintenance Reserve means the reserve determined in accordance with SAP, the purpose of which is to amortize realized capital gains and losses resulting from fluctuations in the interest rate.

Interest Maintenance Reserve as used in this Agreement, means the interest maintenance reserve, determined in accordance with Page 3, Column 1, Line 9.4, of the Ceding Company’s 2007 NAIC annual statement blank, with respect to the Segregated Asset Portfolio described in Schedule E.

Interest Maintenance Reserve means the amounts set forth on Schedule 2.12 as revised as of the Effective Date. The calculation of the Interest Maintenance Reserve for purposes of Section 2.3(a)(i)(B) (the calculation of the Interest Maintenance Reserve created at the Effective Time as a direct result of the transactions contemplated by this Agreement) shall be equal to any net pre-tax realized capital gains multiplied by 65%.

Examples of Interest Maintenance Reserve in a sentence

• Develop strategies to build capacities of female farmers in particular in leadership and marketing skills e.g. ensure that at least 25% of FFS facilitators are women and that at least 20% are ethnic minorities.Advocacy and awareness should be adjusted to most effectively reflect gender-specific differences.

• An appropriate allocation of assets in the amount of the Interest Maintenance Reserve (IMR), whether positive or negative, must be used in any asset adequacy analysis.

• An appropriate allocation of assets in the amount of the Interest Maintenance Reserve (IMR), whether positive or negative, shall be used in any asset adequacy analysis.

• If the appointed actuary must disclose reliance upon any portion of the assets supporting the Asset Valuation Reserve (AVR), Interest Maintenance Reserve (IMR), or other mandatory or voluntary statement of reserves for asset adequacy analysis.

• Such reports will include information on the amount of Reinsurance Premiums, Ceding Commission, Acquisition Expense, Expense Allowance, Commission Chargebacks, Benefit Payments, Modified Coinsurance Reserve, Coinsurance Reserve, Gross Statutory Reserve, Tax Reserve, Interest Maintenance Reserve, and Modified Coinsurance Reserve Investment Credit.

More Definitions of Interest Maintenance Reserve

Interest Maintenance Reserve means, as of any date of determination, the interest maintenance reserve attributable to the Covered Insurance Policies and the Reinsured Liabilities as of such date of determination, determined in accordance with SAP applicable to the Ceding Company without giving effect to this Agreement, .

Interest Maintenance Reserve means, as of the applicable date of determination, the reserve determined in accordance with SAP.

Interest Maintenance Reserve means the sum of (a) the Company’s existing interest maintenance reserve that is attributable to the Reinsured Risks immediately prior to the Closing Date, after giving effect to the execution of the Underlying Reinsurance Agreement, plus (b) the Company’s interest maintenance reserve that is created on the Closing Date as a direct result of the transactions contemplated by this Agreement, plus (c) the amount of the interest maintenance reserve attributable to the Reinsured Risks that is created after the Closing Date and including the reserve established in Deemed Sales under Section 9.7, in each case determined in accordance with SAP applicable to the Company.

Interest Maintenance Reserve means the interest maintenance reserve, as determined in accordance with SAP, consistently applied.

Interest Maintenance Reserve means the liability reserve, the purpose of which is to amortize realized capital gains and losses resulting from fluctuations in interest rates, determined (a) if on or prior to the Closing Date, in accordance with Applicable Accounting Principles of the Ceding Company, or (b) following the Closing Date, in accordance with Applicable Accounting Principles of the Reinsurer.

Interest Maintenance Reserve means the value which will be reported on the Ceding Company's Annual Statement Balance Sheet.

Interest Maintenance Reserve means, as of any date of determination, the interest maintenance reserve as reported on line 9.4 in the most recent statutory financial statements filed by Cedent with the Cedent Domicile (or, if the line number is changed, the successor line number to such line number).