Policy Account definition

Policy Account has the meaning set forth in the Account Control Agreement.

Policy Account means the Eligible Deposit Account established by the Subordination Agent pursuant to Section 2.2(a)(iii).

Policy Account means accumulation of Contributions/Premium(s) at the Policyholder level as per Policyholder’s instructions;

Examples of Policy Account in a sentence

• In all other jurisdictions, your Policy Account (except any amounts you allocated to the Guaranteed Interest Account) will be allocated to the EQ/Money Market investment option as of the later of: (1) the Investment Start Date; and (2) the Issue Date, for 20 calendar days (Money Market Lock-in Period), and will be allocated according to the above percentages on the 1st business day following the Money Market Lock-in Period.

• If the policy is issued as a result of a replacement in these states, such portion of your Policy Account will be allocated to the Market Stabilizer Option Holding Account and held for 30 calendar days (45 calendar days in PA).

• In all other jurisdictions, such portion of your Policy Account will be allocated to the EQ/Money Market Investment Option for 20 business days.

• Market Stabilizer Option (Variable Indexed Option Rider)Specified Growth Cap Rate% (indicate a Growth Cap Rate between 6% and 10% in whole percentages only)If the Growth Cap Rate AXA Equitable sets on a given Segment Start Date is less than the rate you specify, any Policy Account Value you have in the Market Stabilizer Option Holding Account will not be transferred into that Segment.

• Please note that by electing less than 100% rollover, the total portion of your Policy Account Value allocated to the Market Stabilizer Option will continually decrease as future rollovers occur, if no other changes were made.

More Definitions of Policy Account

Policy Account means the portion of the Separate Account liabilities as shall from time to time relate to the Policies as determined pursuant to Section 5.02(a).

Policy Account means the Eligible Deposit Account established by the Trustee pursuant to Section 8.13(a) of the Indenture which the Trustee shall make deposits in and withdrawals from in accordance with the Indenture.

Policy Account. The trust account or accounts created and maintained by the Securities Administrator, on behalf of the Trustee, pursuant to Section 4.05 hereof in the name of the Trustee for the benefit of the Class 1-A-1B and Class 2-A-1C Certificateholders and designated “Class 1-A-1B and Class 2-A-1C Policy Account, Deutsche Bank National Trust Company, as Trustee, in trust for the registered Certificateholders of HarborView Mortgage Loan Trust 2005-11, Mortgage Loan Pass-Through Certificates, Series 2005-11, Class 1-A-1B and Class 2-A-1C Certificates.”

Policy Account. The account established and maintained pursuant to Section 4.07.

Policy Account means the Class G-1 Policy Account or the Class G-2 Policy Account, as the case may be.

Policy Account. The trust account or accounts created and maintained by the Securities Administrator, on behalf of the Trustee pursuant to Section 4.05 hereof in the name of the Trustee for the benefit of the Class 2A-1C Certificateholders and designated “Policy Account, Deutsche Bank National Trust Company, as Trustee, in trust for the registered Certificateholders of HarborView Mortgage Loan Trust 2006-7, HarborView Mortgage Pass-Through Certificates, Series 2006-7, Class 2A-1C Certificates.”

Policy Account. The trust account or accounts created and maintained by the Trustee pursuant to Section 4.05 hereof in the name of the Trustee for the benefit of the Class 2A-1B and Class 2A-2C Certificateholders and designated “Policy Account, Xxxxx Fargo Bank, N.A., as Trustee, in trust for the registered Certificateholders of HarborView Mortgage Loan Trust, Mortgage Pass-Through Certificates, Series 2006-12, Class 2A-1B and Class 2A-2C Certificates.”