VLI definition
Examples of VLI in a sentence
It also imposes numerous conditions upon flexible premium VLI Separate Accounts, including specific conditions that govern the manner in which a mixed funding arrangement may be implemented.
Touchstone Variable Series Trust ("TVST") currently offers its shares to variable annuity separate accounts ("VA Separate Accounts") and variable life insurance separate accounts ("VLI Separate Accounts") of the same insurance company or affiliated insurance companies.
If Flexible Premium VLI: (a.) Initial Premium Payment $______________________ (b.) Planned Periodic Payments $_____________________________________________ E.
In order for the Board of Trustees of TVST to monitor for potential conflicts, it will request such reports, materials and data as it deems necessary from life insurance companies whose VA Separate Accounts and VLI Separate Accounts invest in any Fund of TVST.
If Modified Premium VLI (Complete only if more than Scheduled Premium.
VLI has received the opinion of Credit Suisse First Boston LLC, dated the date of this Agreement, to the effect that, as of the date of this Agreement, the aggregate consideration to be paid by VLI in the KPP Merger and the KSL Merger is fair to VLI from a financial point of view.
VLI agrees to keep all receipts and other supporting documents available for inspection during said audits.
VLI GP owns such general partner interest free and clear of any Encumbrances.
In rendering such opinion, such counsel shall be entitled to receive and rely upon representations of officers of the VLI Entities and the Kaneb Entities and any of their respective affiliates as to such matters as such counsel may reasonably request.
To the extent that amounts are so withheld or paid over to or deposited with the relevant Governmental Entity by VLI, such amounts shall be treated for all purposes of this Agreement as having been paid to the Person in respect of which such deduction and withholding was made by VLI.