Common use of Allocation of Transferred Assets Clause in Contracts

Allocation of Transferred Assets. Upon the Group Annuity Contract Issuance, the Insurer will allocate the Transferred Assets transferred at Closing into its General Account.

Appears in 2 contracts

Samples: Definitive Purchase Agreement (Kimberly Clark Corp), Definitive Purchase Agreement (Kimberly Clark Corp)

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Allocation of Transferred Assets. Upon the Group Annuity Contract Issuance, the Insurer will allocate the Transferred Assets transferred at Closing into in to its General Account.

Appears in 2 contracts

Samples: Definitive Purchase Agreement (Kimberly Clark Corp), Definitive Purchase Agreement (Kimberly Clark Corp)

Allocation of Transferred Assets. Upon the Group Annuity Contract Issuance, the Insurer will allocate the Transferred Assets transferred at Closing into its General Accountto the general account of Insurer.

Appears in 1 contract

Samples: Definitive Purchase Agreement (PPG Industries Inc)

Allocation of Transferred Assets. Upon the Group Annuity Contract Contracts Issuance, the Insurer will allocate the Transferred Assets transferred at Closing into its General Accountto the commingled separate account established by Insurer in connection with the Group Annuity Contracts, less any premium taxes.

Appears in 1 contract

Samples: Definitive Purchase Agreement (PPG Industries Inc)

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Allocation of Transferred Assets. Upon the Group Annuity Contract Issuance, the Insurer will allocate deposit the Transferred Assets and Cash Payment, if any, transferred at Closing into its General the Guaranteed Separate Account.

Appears in 1 contract

Samples: Definitive Purchase Agreement (Motorola Solutions, Inc.)

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