Quarterly Accounting definition
Quarterly Accounting means a quarterly accounting, or more frequently as mutually agreed to by the parties, prepared in accordance with Iowa SAP and prepared by the Company in accordance with the provisions of Section 5.1 hereof.
Quarterly Accounting means a quarterly accounting with respect to the Administered Business hereto prepared in accordance with each of Wisconsin SAP and GAAP, consistently applied, in each case in the form of Exhibit A and delivered by the Administrator to the Company in accordance with the provisions of Section 3.03 of this Agreement.
Quarterly Accounting has the meaning set forth in the Administrative Services Agreement.
Examples of Quarterly Accounting in a sentence
The Quarterly Accounting shall separately identify payment obligations attributable to a Variable Separate Account, a Risk Control Separate Account, a Declared Rate Separate Account and the General Account.
If a Quarterly Accounting reflects a balance due to the Company, the amount(s) shown as due shall be paid within ten (10) Business Days of the preparation of the Quarterly Accounting.
In addition to the Quarterly Accounting, the Company shall provide the Reinsurer with any additional information related to this Agreement or the Policies as is reasonably necessary for the Reinsurer to satisfy any financial reporting or disclosure requirements or to comply with Applicable Law.
More Definitions of Quarterly Accounting
Quarterly Accounting. The City agrees to provide the President a quarterly accounting of the Union Leave Bank, including the current balance. Telestaff Coding: An appropriate Telestaff code will be used to record time off using Union Leave Bank hours.
Quarterly Accounting means a quarterly accounting, or more frequently as mutually agreed to by the parties, prepared in accordance with Iowa SAP and prepared by the Company in accordance with the provisions of Section 5.1 hereof. “Reinsured Liabilities” means the General Account Liabilities, the Risk Control Separate Account Liabilities, the Declared Rate Separate Account liabilities and the Variable Separate Account Liabilities. “Reinsurer” shall have the meaning set forth in the preamble hereof. “Reinsurer’s Separate Account” means the insulated, non-unitized separate account(s) established and maintained by the Reinsurer for the purposes of holding assets and reserves ceded directly from the Company’s Risk Control Separate Account(s) and Declared Rate Separate Account pursuant hereto. “Risk Control Separate Account” means the insulated, non-unitized separate account(s) established and maintained by the Company pertaining to the Policies which account is linked to the performance of one or more equity indices and is not registered as a unit investment trust under the Investment Company Act of 1940. “Risk Control Separate Account Assets” means the assets held in the Risk Control Separate Account(s). “Risk Control Separate Account Liabilities” means for the Risk Control Separate Account(s), all liabilities, reserves, obligations, costs and expenses relating to, based upon or arising out of the Policies, and relating to the Risk Control Separate Account Assets, provided, however, that the Risk Control Separate Account Liabilities shall not include the General Account Liabilities Declared Rate Separate Account Liabilities or Variable Separate Account Liabilities. “Statutory Reserves” means, as of any given date, the gross reserves established and maintained as a liability on the Company’s statutory financial statements for the Policies, prior to giving effect to the reinsurance provided hereunder, calculated in accordance with Iowa SAP and in accordance with sound actuarial principles. “SSAP 70” means Statement of Statutory Accounting Principles No. 70, Allocation of Expenses. “Tax” (or “Taxes” as the context may require) shall mean any federal, state, local or foreign net income, gross income, gross receipts, severance, property, production, sales, use, license, excise, franchise, employment, payroll, withholding, premium, alternative or add-on minimum, ad valorem, value-added,
Quarterly Accounting means an accounting by the Fund Administrator on the 15th day or the next business day of the month following the end of the calendar quarter in a format to be provided by the Commission staff.
Quarterly Accounting shall have the meaning set forth in Section 9.1.
Quarterly Accounting has the meaning given to that term in Section 5.4.
Quarterly Accounting means an accounting prepared in accordance with statutory, accounting principles and delivered by the Reinsurer to the Company between the Service Transfer Date and the Termination Date in accordance with the provisions of Section 3.8.