Actuarial Contribution Memorandum definition

Actuarial Contribution Memorandum means the memorandum, attached to the Plan as Schedule 4, that sets forth the principles, assumptions and methodologies for the calculation of the Actuarial Contributions of qualifying policies under the Plan.
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Actuarial Contribution Memorandum means the memorandum that sets forth the principles, assumptions and methodologies for the calculation of the Actuarial Contribution of Qualifying Policies. The Actuarial Contribution Memorandum is attached to this Plan as Exhibit D.
Sample 1
Actuarial Contribution Memorandum means the memorandum that sets forth the principles, assumptions and methodologies for the calculation of the Actuarial Contributions of Qualifying Policies. The Actuarial Contribution Memorandum was adopted by the Board in accordance with Section 7.2(c) concurrently with the adoption of this amended and restated Plan. The Actuarial Contribution Memorandum is attached to this Plan as Schedule 5.
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Examples of Actuarial Contribution Memorandum in a sentence

  • I, and staff acting under my direction, have advised Members Mutual during the course of its development of the Plan, the Actuarial Contribution Principles and Methodologies document (attached as Exhibit B to the Plan), and the Actuarial Contribution Memorandum (attached as Exhibit C to the Plan).

  • Solely for purposes of calculating the amount of this consideration, each Eligible Policyholder's allocation of Allocable Common Shares shall be determined in accordance with this Article VII and the Actuarial Contribution Memorandum.

  • If, for the purposes of determining the dividend scales or experience factors of a Qualifying Policy, the experience of different Policies has been combined together or has been transferred from one to another, regardless of whether the Policy from which such experience has been combined or transferred remains In Force, the experience shall be taken into consideration in determining such Qualifying Policy's Actuarial Contribution, as described in the Actuarial Contribution Memorandum.

  • Actuarial Contribution Memorandum Page 23 November 16, 1999 500 IV.

  • Actuarial Contribution Memorandum Page 25 November 16, 1999 502 V.

  • The Aggregate Variable Shares shall be allocated in respect of the Eligible Policies in accordance with the principles set forth in Section 6.2 and the calculation of actuarial contribution described in the Actuarial Contribution Memorandum (the "Actuarial Contribution Memorandum") attached as Exhibit E.

  • Page 52 of 55 Actuarial Contribution Memorandum 162 Exhibit D to the Plan of Reorganization The prospective AC for each policy was calculated by discounting projected contributions to surplus to the Statement Date and adding the allocated portion of the reserve redundancy.

  • In the event that more than one Person constitutes a single Owner of a Policy, consideration allocated in accordance with this Article VII and the Actuarial Contribution Memorandum shall be distributed jointly to or on behalf of such Persons.

  • Actuarial Contribution Memorandum Plan of Reorganization ii 4 PLAN OF REORGANIZATION OF METROPOLITAN LIFE INSURANCE COMPANY UNDER SECTION 7312 OF THE NEW YORK INSURANCE LAW This plan of reorganization provides for the conversion of Metropolitan Life Insurance Company from a mutual life insurance company into a stock life insurance company.

  • Any total portfolio rate calculated Actuarial Contribution Memorandum Page 5 November 16, 1999 482 applies to assets supporting both reserves and surplus.


More Definitions of Actuarial Contribution Memorandum

Actuarial Contribution Memorandum has the meaning specified in Section 7.1(b).
Sample 1
Actuarial Contribution Memorandum has the meaning specified in Section 6.1(b). "Adoption Date" has the meaning specified in the first paragraph hereof. "Aggregate Fixed Shares" has the meaning specified in Section 6.1(b). "Aggregate Variable Shares" has the meaning specified in Section 6.1(b). "Allocable Shares" means 30,000,000 shares of Holding Company Stock. "Application" has the meaning specified in Section 2.1. "Board" has the meaning specified in the first paragraph hereof. "Cash Election Amount" has the meaning specified in Section 6.3(a)(vi). "Closed Block" has the meaning specified in Section 7.1(a). "Closed Block Assets" has the meaning specified in Section 7.1(b). "Closed Block Business" means Policies within the classes of Policies specified in Schedule 1 (which Policy classes include, except as specified on Schedule 1, all of the classes of individual Policies for which the Company had an experience-based dividend scale in effect for 1998 and certain other classes of individual Policies), but only to the extent such Policies are In Force on the Effective Date. "Closed Block Financial Statements" has the meaning specified in Section 7.2(e)(i). "Closed Block Funding Date" has the meaning specified in Section 7.1(b). "Closed Block Memorandum" has the meaning specified in Section 7.1(a). "Code" means the Internal Revenue Code of 1986, as amended. "Common Stock" means the shares of common stock of the Company. "Company" means, at all times prior to the Effective Date, Standard Insurance Company, a mutual life insurance company organized under the laws of Oregon, and at all times on and after the Effective Date, Standard Insurance Company, a stock life insurance company organized under the laws of Oregon. 2
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Related to Actuarial Contribution Memorandum

  • Information Memorandum means the Confidential Information Memorandum dated March, 2011 relating to the Borrower and the Transactions.

  • Closing Date Balance Sheet has the meaning specified in Section 2.3(b).

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Consent Solicitation Memorandum means the consent solicitation memorandum dated 20 October 2021 prepared by the Issuer in relation to the Consent Solicitation;

  • Actuarial opinion means the opinion of an appointed actuary regarding the adequacy of the reserves and related actuarial items based on an asset adequacy analysis in accordance with subrule 5.34(6) and with applicable actuarial standards.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of September 30, 2021, as presented in the Information Statement made available to the Record Holders.

  • Financial Contribution means a contribution from an implementing partner in the form of own risk-taking capacity that is provided on a pari passu basis with the EU guarantee or in another form that allows an efficient implementation of the InvestEU Programme while ensuring appropriate alignment of interest;

  • Company Balance Sheet has the meaning set forth in Section 3.04(e).

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 4.4(a)(ii) of the Agreement.

  • Interim Balance Sheet as defined in Section 3.4.

  • cash memorandum account means an account so designated by the Operator of the relevant system.

  • Actuarial certification means a written statement by a member of the American Academy of

  • Funds Flow Memorandum means the flow of funds memorandum in the agreed form prepared on behalf of the Company by Xxxxxx Xxxxxxxx containing details of the flow of funds at Closing.

  • Final Balance Sheet has the meaning set forth in Section 3.3(b).

  • Actuarial valuation means a mathematical determination of

  • Confidential Information Memorandum means the Confidential Information Memorandum of the Borrower dated March, 2004, delivered to the Lenders in connection with this Agreement.

  • Reference Balance Sheet shall have the meaning set forth in Section 3.06(a).

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Financial Statement Date has the meaning set forth in Section 4.05 hereof.

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;