Investment Credit definition

Investment Credit is a percentage of your purchase payment that we may add to your Account Value. It is subject to the rules shown in the Schedule. This term may not apply to your Contract.

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Investment Credit means the amount of dividends, distributions, returns of equity, repayments of advances or similar payments paid to the Borrower or any of the Guarantors during the term of this Agreement by any Person in which Investments may be made under Section 6.09(ix).

Investment Credit means the investment credit determined under Section 46(a) of the Code.

Examples of Investment Credit in a sentence

Such reports shall include information on the amount of the Reinsurance Premium, the Allowance, Benefit Payments, Modified Coinsurance Reserve, Modified Coinsurance Reserve Investment Credit, and the book value of the Asset Portfolio.
The Modified Coinsurance Reserve Investment Credit for any Accounting Period shall be equal to the Modified Coinsurance Reserve Investment Rate determined according to Paragraph 1 times the Modified Coinsurance Reserve as of the beginning of the accounting period.
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.
Such reports will include information on the amount of Reinsurance Premiums, Ceding Allowance, Acquisition Expense, Expense Allowance, Benefit Payments, Modified Coinsurance Reserve, Coinsurance Reserve, Interest Maintenance Reserve, Funds Withheld Investment Credit and Funds Withheld Balance.
The Ceding Company agrees to remit to the Reinsurer the Funds Withheld Investment Credit, if positive, at the end of each Accounting Period.

More Definitions of Investment Credit

Investment Credit means the deemed earnings/losses credited to a Participant’s Accounts using the applicable Investment Measure.

Investment Credit means the hypothetical appreciation or depreciation in the net asset value, and the reinvestment of cash distributions, of the investment index or indices selected by the Participant in accordance with Section 4.7.

Investment Credit means credit defined in Point 7 of Section 4 (2) of Act CXXXVIII of 2007 on Investment Firms and Commodity Dealers, and on the Regulations Governing their Activities (hereinafter referred to as “IRA”);

Investment Credit means the hypothetical earnings posted to the Participant’s Account each Plan Year. The Investment Credit will be equal to the same earnings rate that is determined from time to time as the “Interest Credit” applied to the cash balance accounts for participants under Section 5.02(d) of the International Transmission Company Retirement Plan.”

Investment Credit means, with respect to an Account, an amount credited to the Account pursuant to Subsection 5.3(b).

Investment Credit means the hypothetical earnings, gains or losses posted to the Participant’s Account as if the Participant’s Account was invested in specific investment funds, as directed by the Participant, that reflect the funds offered under the DTE Energy Company Savings and Stock Ownership Plan, or its successor thereto. Prior to January 1, 2001, the Investment Credit will be equal to 7% per year, compounded monthly. From January 1, 2001 through November 1, 2002 or the conversion to a third-party administrator, the Investment Credit will be equal to 9.5% per year, compounded monthly.

Investment Credit the amount of dividends, distributions, returns of equity, repayments of advances or similar payments paid to the Borrower or any Subsidiary Guarantor after April 1, 2005 through the maturity of the Term Loans by any Person in which Investments may be made under Section 7.8(i) or 7.8(k).