MONY definition
Examples of MONY in a sentence
All amounts that become payable to the Executive pursuant to this Agreement shall be paid by wire transfer of immediately available funds to an account designated by the Executive to MONY within five business days following the Effective Time.
In the event that, pursuant to the proviso in the second sentence of this paragraph 3, MONY elects, in its sole discretion, to make any payment in respect of the AICP for the 2003 bonus year prior to the Effective Time, the amount of such cash payment upon the Effective Time shall be correspondingly reduced.
In the event that, pursuant to the proviso in the second sentence of this paragraph 2, MONY elects, in its sole discretion, to make any payment in respect of the LTPP Units prior to the Effective Time, the amount of such cash payment upon the Effective Time shall be correspondingly reduced.
MONY has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with AXA Financial, Inc., a Delaware corporation, under which a wholly owned subsidiary (the “Merger Sub”) of AXA Financial, Inc.
For the purposes of clarification, the “Company” shall include MONY Life Insurance Company.
Specifically, without limitation, the owners of the Existing MONY Contracts shall be permitted to reallocate investments in the Trust, redeem investments in the Trust, and/or invest in the Trust upon the making of additional purchase payments under the Existing MONY Contracts.
Further, notwithstanding any termination of this Agreement for any reason, the terms and conditions of the following provisions of this Agreement shall remain in effect with regard to MONY Contracts whose assets were previously invested in the Trust: Article II (Representations and Warranties), Article VI (Diversification) and Article VII (Indemnification).
MONY will assist the Board in carrying out its responsibilities under any Shared Funding Exemptive Order, by providing the Board with all information reasonably necessary for the Board to consider any issues raised.
Upon the written request of the Trust, MONY will also provide to the Board, not more frequently than annually, a written certification in a format to be determined by mutual agreement of the Trust and MONY, as to its best knowledge of any events that may result in a material irreconcilable conflict.
MONY reserves the right to vote Trust shares held in the Account in its own right, to the extent permitted by law.