Terminal Cash Settlement definition

Terminal Cash Settlement shall have the meaning set forth in Section 22.01 or Section 22.03, as applicable. Xxxxxxx Resolution Life Insurance Company and TR Re, Ltd. Annuity Reinsurance Agreement Effective October 1, 2021 Page 8
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Terminal Cash Settlement shall have the meaning set forth in Section 22.01 or Section 22.03, as applicable.
Sample 1Sample 2Sample 3
Terminal Cash Settlement shall have the meaning set forth in Section 9.04 and Section 9.07. Principal First Reinsurance Agreement Between Hartford Life and Annuity Insurance Company and Swiss Re Life & Health America Inc. Effective July 24, 2008 4
Sample 1

Examples of Terminal Cash Settlement in a sentence

  • If the Terminal Cash Settlement is not paid within the above specified time period, it will be considered delinquent, unless the payment period is extended as agreed upon by both Parties in writing.

  • The erection and/or installation and/or other use of the goods is the Buyer’s responsibility.

  • The Terminal Cash Settlement shall be due [REDACTED] Business Days following receipt of notice of the Terminal Cash Settlement by the Reinsurer as described in Section 22.01.

  • This Agreement shall be effective as of October 1, 2021 (the “Effective Date”) and shall remain in force hereunder until the earlier of (a) the date on which the Ceding Company’s liability for all Business Reinsured terminates; and (b) the Recapture Effective Date, provided that the Terminal Cash Settlement has been made.

  • The Terminal Cash Settlement shall be due ten (10) Business Days following receipt of notice of the Terminal Cash Settlement by the Party receiving such notice as described in Section 9.05.

  • Travelers should also check ahead to see if a shuttle service is available for airport pick-up to conference or seminar locations.

  • Student levies for Student Life & Innovation Centre: The student levies receivable represent the students’ contribution towards the construction of the Student Life & Innovation Centre on the Kingston Campus.

  • If reinsurance is terminated according to this Article, a Terminal Cash Settlement will be made according to the terms specified in Article 15.2. The Company's right to terminate reinsurance will not prejudice its right to collect benefits owed under the express contractual terms of the Riders for the period reinsurance was in force, through and including the 30 calendar day notice period.

  • If such indemnity is required in conjunction with a termination of the Agreement, the indemnification and termination settlement will be the Terminal Cash Settlement.

Related to Terminal Cash Settlement

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Cash Settlement Amount means, in respect of every Board Lot, an amount calculated by the Issuer in accordance with the following formula (and, if appropriate, either (I) converted (if applicable) into the Settlement Currency at the Exchange Rate or, as the case may be, (II) converted into the Interim Currency at the First Exchange Rate and then (if applicable) converted into Settlement Currency at the Second Exchange Rate):

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement Averaging Period means, with respect to any Note as to which Cash Settlement or Combination Settlement is applicable, the 45 consecutive Trading Day period beginning on, and including, the second Trading Day immediately following the related Conversion Date; except that “Cash Settlement Averaging Period” means, with respect to any Conversion Date occurring during the Final Conversion Period, the 45 consecutive Trading Day period beginning on, and including, the 46th Scheduled Trading Day immediately preceding the Maturity Date.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • Net Settlement Fund means the Settlement Fund less: (i) any Taxes;

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Purchase Contract Settlement Date means ________________________, ____.]

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Net Share Settlement means the settlement method pursuant to which an exercising Warrantholder shall be entitled to receive from the Company, for each Warrant exercised, a number of shares of Common Stock equal to the Net Share Amount without any payment therefor.

  • Individual Settlement Payment means the amount payable from the Net

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.