Total Cash Surrender Value definition

Total Cash Surrender Value means the aggregate of all Cash Surrender Values of all Life Policies in Millennium minus any amounts required for expenses or reserves as determined by the Millennium Liquidation Trustee in consultation with the Millennium Liquidation Plan Committee.
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Related to Total Cash Surrender Value

  • Cash Surrender Value means the net cash surrender value plus any amounts outstanding as policy loans.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Surrender Value means the amount payable, if any, on the Surrender of this Policy. Part D of this Policy will specify the manner of calculation of the Surrender Value, if any.

  • SPS AER Value means the Underlying Reference Value.