Contractholder. Upon a loss of the Contractholder’s eligibility, including but not limited to permanent relocation outside the Service Area, coverage for the Contractholder and any Covered Dependents will terminate on the last day of the month for which the monthly Premium was received, and during which the Contractholder was eligible for coverage.
Contractholder. The holder of the Contract as shown on the cover page, its successors and assigns. "
Contractholder. We will normally conduct business only with you. We will be entitled to rely on any acts or omissions by you pursuant to the terms of this Contract. Either party may, from time to time, delegate to an agency or trustee certain administrative powers and responsibilities under this Contract. No party is bound to recognize any such delegation until it has received notice of it. The notice must specify those powers and responsibilities and include evidence of acceptance by the agency. On and after the date of receipt of the notice, the notified party will deal with the agency with respect to those powers and responsibilities and will be entitled to any action taken or omitted by the agency with respect thereto in the same manner as if dealing with the party to the Contract. Either party may give notice to the other party of a subsequent delegation to another agency of specified powers and responsibilities.
Contractholder. Upon a loss of the Contractholder’s eligibility as defined in Part III. ELIGIBILITY FOR COVERAGE, including but not limited to permanent relocation outside the Empower Plan Service Area, coverage for the Contractholder and any Covered Dependents shall automatically terminate at 12:00 a.m. (midnight) on the last day of the month for which the monthly Premium was paid.
Contractholder. We will normally conduct business only with You. We will be entitled to rely on any acts or omissions by You pursuant to the terms of this Contract. Either party may from time to time, delegate to an agency or trustee certain administrative powers and responsibilities under this Contract. No party is bound to recognize any such delegation until it has received notice of it. The notice must specify those powers and responsibilities and include evidence of acceptance by the agency. On and after the date of receipt of the notice, the notified party will deal with the agency with respect to those powers and responsibilities and will be entitled to rely on any action taken or omitted by the agency with respect thereto in the same manner as if dealing with the party to the Contract. Either party may give notice to the other party of a subsequent delegation to another agency of specified powers and responsibilities. DC-403-2015CT 16
Contractholder. The party or parties to whom or to which the contract is issued. Section 4238(a).
Contractholder. The Contractholder is variable to the extent of a change in the title or fund name. Company Address (also the address in Section 5.4): The company address will reflect the current address of Metropolitan Life Insurance Company.
Contractholder. Initiated — A voluntary trade or other transaction effected at the direction of the Contractholder rather than the direction of the sponsor or fiduciary of a Plan that results in a transfer of assets within a Contract into or out of a Fund, but does not include the following: (i) transactions that are executed automatically pursuant to a contractual or systematic program or enrollment such as transfer of assets within a Contract to a Fund as a result of “dollar cost averaging” programs, insurance company approved asset allocation programs, or automatic rebalancing programs; (ii) transactions that are executed pursuant to a Contract death benefit; (iii) one-time step-up in Contract value pursuant to a Contract death benefit; (iv) allocation of assets to a Fund through a Contract as a result of payments such as loan repayments, scheduled contributions, retirement plan salary reduction contributions, or planned premium payments to the Contract; (v) prearranged transfers at the conclusion of a required free-look period; (vi) as a result of any deduction of charges or fees under a Contract; (vii) within a Contract out of a Fund as a result of scheduled withdrawals or surrenders from a Contract; or (viii) as a result of payment of a death benefit from a Contract.
Contractholder. The Contractholder shall be the representative under this Contract of each Employer. The Contractholder may appoint an authorized representative. The authorized representative must be mutually agreeable to both the Company and the Contractholder. The Company will deal only with the Contractholder or its authorized representative. The Company shall be entitled to rely on any action taken or omitted by the Contractholder or its authorized representative pursuant to the terms of this Contract. For purposes of this Article, Contractholder shall mean the Contractholder or its authorized representative.
