VA Account definition

VA Account means any bank account in the name of and owned by the VA.
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VA Account shall have the meaning set forth in Section 32(a)(iii) hereof.
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Examples of VA Account in a sentence

  • First MetLife Investors is the depositor and sponsor of First VA Account One.

  • First VA Account One was established as a segregated asset account under New York law in 1992.

  • First VA Account One is administered and accounted for as part of the general business of First MetLife Investors, and the income, gains or losses of First VA Account One are credited to or charged against the assets of First VA Account One in accordance with the terms of the Contracts, without regard to income, gains or losses of First MetLife Investors.

  • The Unit Value of each Subaccount of the VA Account was set by us on the first Valuation Date of the Subaccount.

  • VA Account One is administered and accounted for as part of the general business of MetLife Investors, and the income, gains or losses of VA Account One are credited to or charged against the assets of VA Account One in accordance with the terms of the Contracts, without regard to income, gains or losses of MetLife Investors.

  • VA Account One was established as a segregated asset account under Missouri law in 1987.

  • The total number of units under the contract for a Subaccount of the VA Account is equal to the number of units credited to the Subaccount by premium payment or transfer, minus the number of units released by transfers, withdrawals or payments of the Annual Administrative Charge.

  • AND EXPENSE RISK FEE ------------------------------------ A Mortality and Expense Risk Fee is taken from each Subaccount of the VA Account in the calculation of the Net Investment Factor.

  • NET INVESTMENT FACTOR --------------------- The Net Investment Factor for a Subaccount of the VA Account for a Valuation Period is equal to 1.000000 plus the applicable net investment rate.

  • OF THE VA ACCOUNT --------------------------------------------------------------- The value of a Subaccount of the VA Account is determined by multiplying the total number of units under the contract for that Subaccount by the Unit Value of the Subaccount.

Related to VA Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Investment Account As defined in Section 3.12(a).

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Note Account As defined in the Indenture.

  • Regular account means the account established for each active and inactive member un-

  • Collection Accounts As defined in Section 3.10(a).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Separate Accounts means the accounts which are to be prepared for each

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).