VA Contracts definition

VA Contracts means (i) the VA Region 1 Contract, (ii) the VA Region 2 Contract, (iii) the VA Region 3 Contract, (iv) the VA Region 4 Contract, and (v) the VA District 7 Contract.

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VA Contracts means the variable annuity contracts written by the Company the liabilities under which such contracts were ceded to the VA Buyer in connection with the Variable Annuity Transaction.

VA Contracts means the variable annuity contracts and their related riders reinsured under the Covered Contracts.

Examples of VA Contracts in a sentence

The industrial funding fee normally paid to the General Services Administration or Veteran's Affairs for sales from the GSA or VA Contracts shall be incorporated into the GSA or VA Contract discount structure as an additional discount for all purchases made under the New York State Contract.
The CEDING COMPANY acknowledges the importance of supplying timely and accurate data, as defined herein, to enable the REINSURER to manage effectively the risk associated with the VA Contracts reinsured hereunder.
The CEDING COMPANY shall provide policyholder and claims servicing with respect to the VA Contracts in good faith and with the care, skill, prudence and diligence of a person experienced in administering variable annuity business.
The Board will monitor a Variable Fund for the existence of any material irreconcilable conflict between and among the interests of the owners of all VLI Contracts and VA Contracts and participants of all Qualified Plans investing in the Variable Fund, and determine what action, if any, should be taken in response to such conflicts.
Buyer shall, and shall cause the Company to, provide Seller with notice of any proposal to terminate any Specified VA Transaction Agreement or to amend or reduce any fees payable under any Specified VA Transaction Agreement to the extent relating to the VA Contracts promptly after becoming aware of any such proposal.
The Administrator shall provide the Lincoln Services in all material respects in accordance with the terms of the Lincoln VA Contracts and their registration statements.
The Administrator shall have the right to direct the Company to perform any action necessary for the Lincoln VA Contracts or the Lincoln Separate Account or the administration thereof to comply with Applicable Law, or to cease performing any action that constitutes a violation of Applicable Law in either case to the extent such action, inaction or administration constitutes a Retained Service.
Upon the timely and reasonable request of the Company, the Administrator shall timely prepare such reports and summaries, including statistical summaries and certifications, as are necessary or reasonably required to satisfy any requirements imposed by a Governmental Entity upon the Company relating to periods following or including the Effective Date with respect to the Lincoln VA Contracts.
In addition, the Administrator, upon the timely and reasonable request of the Company, shall promptly provide to the Company copies of all existing records relating to the Lincoln VA Contracts (including, with respect to records maintained in machine readable form, hard copies) that are necessary to satisfy such requirements.
Subject to Section 1.3, the Administrator shall provide to the Company such information reasonably derivable from information within the possession of the Administrator or which is obtainable by the Administrator in the ordinary course of business with respect to the Lincoln VA Contracts as is required to satisfy all current and future informational reporting, prior approval and any other requirements imposed by any Governmental Entity.

More Definitions of VA Contracts

VA Contracts means the individual variable annuity contracts and individual certificates on group variable annuity contracts, in each case, issued by the Ceding Company prior to, on or after the Effective Time. For the avoidance of doubt, “VA Contracts” does not include registered index-linked annuity contracts. Section 1.2. Interpretation. (a) As used in this Agreement, references to the following terms have the meanings indicated: (i) to the Preamble or to the Recitals, Sections, Articles, Exhibits or Schedules are to the Preamble or a Recital, Section or Article of, or an Exhibit or Schedule to, this Agreement unless otherwise clearly indicated to the contrary; (ii) to any contract (including this Agreement) or “organizational document” are to the contract or organizational document as amended, modified, supplemented or replaced from time to time; (iii) to any Law are to such Law as amended, modified, supplemented or replaced from time to time and all rules and regulations promulgated thereunder, and to any section of any Law include any successor to such section; (iv) to any Governmental Authority include any successor to the Governmental Authority and to any Affiliate include any successor to the Affiliate; (v) to any “copy” of any contract or other document or instrument are to a true and complete copy thereof; (vi) to “hereof,” “herein,” “hereunder,” “hereby,” “herewith” and words of similar import refer to this Agreement as a whole and not to any particular Article, Section or clause of this Agreement, unless otherwise clearly indicated to the contrary; (vii) to the “date of this Agreement,” “the date hereof” and words of similar import refer to January 23, 2024; and (viii) to “this Agreement” include the Exhibits and Schedules to this Agreement. (b) Whenever the words “include,” “includes” or “including” are used in this Agreement, they will be deemed to be followed by the words “without limitation.” The word “or” need not be exclusive. Any singular term in this Agreement (including any pronoun) will be deemed to include the plural, and any plural term (including any pronoun) the singular. All pronouns and variations of pronouns will be deemed to refer to the feminine, masculine or neuter, as the identity of the Person referred to may require. Where a word or phrase is defined herein, each of its other grammatical forms shall have a corresponding meaning.