Mortality Table Sample Clauses

Mortality Table. The mortality table for this Contract is shown on Contract Schedule II under Mortality Table.
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Mortality Table. As promptly as practical following the Contract Date, Seller shall provide Purchaser with a copy of the ELAS08 Mortality Table (the “Mortality Table”). The Mortality Table will be provided solely for the purposes of Purchaser’s use in providing reserve information to MLOA in accordance with the Administrative Services Agreement, financial reporting as required by Applicable Law and regulatory compliance with respect to the Business. The Mortality Table may not be used by Purchaser except as is reasonably necessary in connection with the purposes set forth in the preceding sentence, shall be treated as confidential under Section 5.3 of this Agreement, and may only be used in conformity with all Applicable Laws, including Applicable Laws relating to competition. In furtherance of the last clause of the preceding sentence, the parties shall reach an agreement on how to share any commercially sensitive information contained in such Mortality Table in a manner consistent with Applicable Law, including relating to competition. Annually for 5 years after the Closing Date, on or about the anniversary of the Closing, any of those persons identified in Section 1.1(bbb) of the Purchaser Disclosure Letter (or an individual then holding an equivalent position with Purchaser) shall certify in writing to Parent that Purchaser remains and has remained in compliance with this covenant. Notwithstanding anything in this Agreement to the contrary, the confidentiality restrictions of the Confidentiality Agreement shall govern Purchaser’s obligations with respect to the Mortality Table and, to that extent, shall continue as if such agreement was in full force and effect following the Closing and following the termination date specified therein.
Mortality Table. The mortality table used for calculating Annuity payments for life is shown on Contract Schedule II under Mortality Table. To calculate the payments for a fixed Annuity, or a variable Annuity guaranteed first payment, we use the Annuitant's and, if applicable, the second Annuitant's, adjusted age. The adjusted age is the person's age as of his or her nearest birthday closest to the day Annuity payments begin, reduced as follows:
Mortality Table. 18 11.05 Payments ..................................................... 18 11.06
Mortality Table. The interest factors will be those in effect on the Valuation Date. The Accrued Liability and Section 4044 Amount will be initially determined by the Current Actuary, subject to review by the actuary selected by RTI Opco. If the actuary selected by RTI Opco does not agree with the determinations of the Current Actuary, the dispute resolution provisions in this paragraph will govern. The Current Actuary, NewTube and RTI Opco will each cause to be provided to any actuary designated by NewTube or RTI Opco (with copies provided to USX's actuary) all information in its possession or under its control that is reasonably necessary to review the determination and calculation of the Accrued Liability, the Section 4044 Amount and any other determination or calculation, in all respects, and to verify that such determinations and calculations have been performed in a manner consistent with the terms of this Agreement. If there are one or more good faith disputes between the Current Actuary and RTI Opco's actuary as to any actuarial or other determination or calculation which gives rise to a disputed amount or amounts not in excess of $50,000 in the aggregate, such dispute(s) will be resolved by dividing the disputed amount(s) equally. If such disputed amount or amounts in the aggregate exceed $50,000 and the Current Actuary and RTI Opco's actuary are not able to resolve a sufficient number of such dispute(s) to bring the remaining disputed items to below $50,000 in the aggregate after using their reasonable best efforts to do so within 30 days, they will select and appoint a third actuary, who has no professional relationship with either of the parties hereto or either the Current Actuary or RTI Opco's actuary, to resolve such dispute(s). The decision of such third party actuary will be rendered within 30 days and will be conclusive as to any dispute for which it was appointed. The cost of such third party actuary will be divided equally between RTI Opco and NewTube. Each party will be responsible for the cost of its own actuary.
Mortality Table. As of the Closing Date and thereafter, the mortality table shall be the "ELNY Mortality Table" as defined in Section 1.25 of the Restructuring Plan, but for purposes only of the ongoing operations of GABC (and not for the calculation of the GABC Liabilities as of the Closing Date) and the post-Closing Date funding obligations (if any) of the Participating Companies, the Supplemental Benefits Participating Companies and the PGAs, the Mortality Table shall be reviewed no less frequently than every five (5) years based on the completion of an independent mortality study of historical GABC mortality experience. Upon completion of the study, the GABC board shall review the study and determine whether it is appropriate to make adjustments to the ELNY Mortality Table.

Related to Mortality Table

  • Actuarial Equivalent The Actuarial Equivalent of the payments from the SERP determined under that Plan and this subsection shall be determined by taking into account the reduction for early commencement of benefits imposed by that Plan and by using reasonable actuarial assumptions. For purposes of determining the lump sum actuarial equivalent, the corresponding actuarial assumptions provided in the Retirement Plan (or, to the extent not provided in that Plan, as provided under GATT) shall be used.

  • Annuitization An Annuitization Fee will be paid to a Marketing Organization who secures from the Contract Owner (or his or her beneficiary) the proper forms and information to commence an immediate life contingent annuity option under the Contract and significantly assists the client and SBL in such settlement. The Annuitization Fee will be equal to 4% of the amount applied to a fixed life contingent annuity option and 2% of the amount applied to a variable life contingent annuity option.

  • ANNUITY 24.1 If the policy schedule states that the insured amount is a surviving dependant's annuity within the meaning of Section 3.125(1)(b) of the Income Tax Act 2001, this article shall apply.

  • ACCRUAL OF BENEFIT The Advisory Committee will determine the accrual of benefit (Employer contributions and Participant forfeitures) on the basis of the Plan Year in accordance with the Employer's elections in its Adoption Agreement.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Benefit Limit A. Should it be determined that the aggregate Present Value (measured as of the Closing Date) of the Parachute Payment attributable to the Payment(s) does not exceed one hundred ten percent (110%) of the Permissible Parachute Amount, then no Gross-Up Payment shall be made to Executive under Paragraph 1 of this Appendix. Instead, the limitations set forth in this Paragraph 2 shall apply. Accordingly, the amount of the Payments otherwise due the Executive shall be reduced to the extent necessary to assure that the aggregate Present Value of the Payment(s) does not exceed the greater of the following dollar amounts (the “Benefit Limit”)

  • Early Retirement Benefit If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

  • ANNUITY PAYMENT OPTIONS a. Life Annuity / Life Annuity with Certain Period -- Fixed and/or Variable Annuity Payments will be made for the lifetime of the Annuitant with no Certain Period, or life and a 10 year Certain Period, or life and a 20 year Certain Period.

  • REFERENCE TABLE TIA INDENTURE SECTION SECTION ------- ----------- 310(a)(1)........................................................................ 7.10 (a)(2)..................................................................... 7.10 (a)(3)..................................................................... N.A. (a)(4)..................................................................... N.A. (b)........................................................................ 7.08; 7.10; 12.02 (c)........................................................................ N.A. 311(a)........................................................................... 7.11 (b)........................................................................ 7.11 (c)........................................................................ N.A. 312(a)........................................................................... 2.05 (b)........................................................................ 12.03 (c)........................................................................ 12.03 313(a)........................................................................... 7.06 (b)(1)..................................................................... N.A. (b)(2)..................................................................... 7.06 (c)........................................................................ 7.06; 12.02 (d)........................................................................ 7.06 314(a)........................................................................... 4.02 (b)........................................................................ N.A. (c)(1)..................................................................... 12.04 (c)(2)..................................................................... 12.04 (c)(3)..................................................................... N.A. (d)........................................................................ N.A. (e)........................................................................ 12.05 (f)........................................................................ N.A. 315(a)........................................................................... 7.01(B) (b)........................................................................ 7.05; 12.02 (c)........................................................................ 7.01(A) (d)........................................................................ 7.01(C) (e)........................................................................ 6.11 316(a)(last sentence)............................................................ 2.09 (a)(1)(A).................................................................. 6.05 (a)(1)(B).................................................................. 6.04 (a)(2)..................................................................... N.A. (b)........................................................................ 6.07 317(a)(1)........................................................................ 6.08 (a)(2)..................................................................... 6.09 (b)........................................................................ 2.04 318(a)........................................................................... 12.01

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