GUARANTEED INTEREST ACCOUNT. Guaranteed Interest Account means the accounts maintained under this Agreement to determine the amount of the Investor's interest in MassMutual's general investment account. [
GUARANTEED INTEREST ACCOUNT. Any amount held in the Guaranteed Interest Account becomes part of Equitable's general assets, which support the guarantees of this Contract as well as other obligations of Equitable. The amount in such Account at any time with respect to a Certificate is equal to the sum of: o all amounts that have been allocated or transferred to such Account, plus o the amount of any interest credited, less o all amounts that have been withdrawn (including charges) or transferred from such Account. Equitable will credit the amount held in the Guaranteed Interest Account with interest at effective annual rates that Equitable determines. Equitable will also determine a minimum Guaranteed Interest Rate that will remain in effect throughout a stated twelve-month period or a calendar year. The Certificate will describe the initial Rate(s) to apply for a stated period or periods starting with the Contract Date. Equitable guarantees that any rate so determined after a Contract Date will never be less than the minimum rate shown in the Certificate.
GUARANTEED INTEREST ACCOUNT. Guaranteed Interest Account (GIA) This contract contains a Guaranteed Interest Account ("GIA") to which premium payments may be allocated. The GIA is not part of the Separate Account or the MVA Account. It is accounted for as part of our General Account. We have the right to add other Guaranteed Interest Accounts subject to approval by the insurance supervisory official of the state where this contract is delivered. We have the right to impose a GIA Payment Limit, as shown on the schedule pages. We will credit interest daily on any amounts held under the GIA at such rates as we shall determine at an effective annual rate of interest never less than the Guaranteed Minimum Interest Rate shown in the schedule pages. At least monthly, we will set a one-year interest rate that will apply to any premium payment made to the GIA. When a one year period for any premium payment ends, their Adjusted Premiums will receive a new one-year interest rate. That rate will remain in effect for such premium payments, or their resulting Adjusted Premium, for an initial period of one year. In addition to the rate applicable to the initial one-year period, we may credit additional interest for periods less than one year. Upon expiry of the initial one year period, and for any premium payments, or Adjusted Premiums whose one-year interest rate has just ended, shall be the same rate that applies to new premium payments made during the calendar week in which the one-year period expired. Such rate shall likewise remain in effect for such Adjusted Premiums for a subsequent period of one full year.
GUARANTEED INTEREST ACCOUNT. Guaranteed Interest Account means the accounts maintained under this Agreement to determine the amount of the Investor's interest in MassMutual's general investment account. The amount of the Guaranteed Interest Account at any time will be the sum of the amount of such Guaranteed Interest Account on the last Valuation Date after adjustments for deposits and withdrawals plus interest from the last Valuation Date at the Guaranteed Interest Rate applicable to such Guaranteed Interest Account.
GUARANTEED INTEREST ACCOUNT. The Guaranteed Interest Account is another account to which you may allocate Net Premiums or make transfers. It is part of our general account assets. Interest is credited at the guaranteed annual effective interest rate of 3.5% or may be credited at a higher rate. We pay a declared interest rate on all amounts that you have in the Guaranteed Interest Account. These interest rates will never be less than the minimum guaranteed effective annual interest rate of 3.5%. When a Net Premium is received or an amount is transferred into the Guaranteed Interest Account, an interest rate will be credited to that amount. The rate will be guaranteed for a twelve-month period. Thereafter, interest rates credited to that amount (and amounts earned on that amount ) will be similarly guaranteed for successive periods of at least twelve-months at the then current interest rate. Therefore, different interest rates may apply to different amounts in the Guaranteed Interest Account, depending on when and how the amount was initially allocated. For purposes of crediting interest, amounts deducted, transferred or withdrawn from the Guaranteed Interest Account are accounted for on a first-in-first-out basis. Interest at the guaranteed minimum rate or such higher rate as Southland may determine will be paid regardless of the actual investment experience of the General Account. We bear the full amount of the investment risk for the amount allocated to the Guaranteed Interest Account while the Owner assumes the risk that interest credited may not exceed the guaranteed minimum rate.
GUARANTEED INTEREST ACCOUNT. 20 TRANSFERS........................................................... 21
GUARANTEED INTEREST ACCOUNT. The Guaranteed Interest Account is another account to which you may allocate Purchase Payments or make transfers. We pay a declared interest rate on all amounts that you have in the Guaranteed Interest Account. Interest is credited at the guaranteed annual effective interest rate shown on the Schedule or may be credited at a higher rate. Any higher rate in effect on the date a Purchase Payment is paid or an amount is transferred to the Guaranteed Interest Account is guaranteed to apply to that payment or transfer amount for at least 12 months. After 12 months, we may apply an interest rate higher than the guaranteed rate in a manner we determine. Any such higher rate shall be in effect for at least 12 months. Form 15208-95 ACCUMULATION VALUES ACCUMULATION UNIT VALUE Purchase Payments allocated to a Subaccount or amounts transferred to a Subaccount are converted into Accumulation Units. For any Subaccount, the number of Accumulation Units credited is determined by dividing the dollar amount directed to the Subaccount by the value of the Accumulation Unit for that Subaccount for the Valuation Period on which the Purchase Payment is received or the transfer is effective. In this manner, an increase in Subaccount Accumulation Value under a Contract occurs by the addition of Accumulation Units of that Subaccount. The Accumulation Unit Value for each Subaccount was arbitrarily set initially at $10 when the Subaccount was established. Thereafter, for any Subaccount, the Accumulation Unit Value for a Valuation Period equals the Accumulation Unit Value for the preceding Valuation Period multiplied by the "Accumulation Experience Factor" (defined below) for the current Valuation Period. Decreases in Subaccount Accumulation Value under a Contract are effected by the cancellation of an appropriate number of Accumulation Units of a Subaccount. Therefore, Surrenders, withdrawals, transfers out of a Subaccount, payment of a Death Benefit, the application of the Accumulation Value to an Annuity Payment Option and the deduction of the annual administrative charge all result in the cancellation of an appropriate number of Accumulation Units of one or more Subaccounts. Accumulation Units are cancelled as of the end of the Valuation Period in which the Company received notice of or instructions regarding the event. Form 15208-95
GUARANTEED INTEREST ACCOUNT. The Guaranteed Interest Account is another account to which you may allocate Purchase Payments or make transfers. We pay a declared interest rate on all amounts that you have in the Guaranteed Interest Account. Interest is credited at the guaranteed annual effective interest rate shown on the Schedule or may be credited at a higher rate. If declared, Southland will determine such higher interest rates at the Form 15208-95 beginning of a twelve-month period, and such rates shall apply to all amounts in the Guaranteed Interest Account throughout that twelve-month period.
GUARANTEED INTEREST ACCOUNT. The segregated investment account into which LNL sets aside and invests assets allocated to Guaranteed Period Sub-accounts.
GUARANTEED INTEREST ACCOUNT. Net Purchase Payments under the Contract may be allocated to the Guaranteed Interest Account. The Guaranteed Interest Account is for the exclusive benefit of persons entitled to receive benefits under market value adjusted annuity contracts issued by LNL. The Guaranteed Interest Account will not be charged with the liabilities arising from any other part of LNL's business. The Owner may direct Net Purchase Payments under the Contract to any of the available Guaranteed Period Sub-accounts, subject to the following limitations:
