ANNUITY PURCHASE RATES UNDER A VARIABLE PAYMENT OPTION Sample Clauses

ANNUITY PURCHASE RATES UNDER A VARIABLE PAYMENT OPTION. DOLLAR AMOUNT OF FIRST MONTHLY PAYMENT WHICH IS PURCHASED WITH EACH $1,000 APPLIED -------------------------------------------------------------------------------- SINGLE LIFE ANNUITIES -------------------------------------------------------------------------------- No 120 240 Period Months Months Cash Age Certain Certain Certain Refund -------------------------------------------------------------------------------- 60 $4.78 $4.73 $4.56 $4.56 61 4.87 4.81 4.63 4.63 62 4.97 4.90 4.69 4.71 63 5.07 5.00 4.75 4.78 64 5.19 5.10 4.82 4.87 65 5.30 5.21 4.88 4.95 66 5.43 5.32 4.95 5.04 67 5.57 5.44 5.01 5.14 68 5.72 5.56 5.08 5.24 69 5.88 5.70 5.14 5.34 70 6.05 5.84 5.20 5.46 71 6.23 5.99 5.26 5.57 72 6.44 6.14 5.31 5.69 73 6.66 6.30 5.36 5.82 74 6.89 6.47 5.40 5.96 75 7.15 6.65 5.44 6.10 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- JOINT AND SURVIVOR ANNUITIES -------------------------------------------------------------------------------- Joint and Full to Survivor Joint and Two-Thirds Survivor -------------------------------------------------------------------------------- Certain Period Certain Period -------------------------------------------------------------------------------- Joint None 120 240 Age None 120 240 -------------------------------------------------------------------------------- $4.37 $4.37 $4.34 60 $4.78 $4.74 $4.57 4.44 4.44 4.40 61 4.88 4.82 4.63 4.52 4.51 4.46 62 4.97 4.91 4.69 4.60 4.59 4.53 63 5.08 5.00 4.76 4.68 4.68 4.60 64 5.19 5.10 4.82 4.77 4.77 4.67 65 5.31 5.21 4.88 4.87 4.86 4.74 66 5.44 5.32 4.95 4.98 4.96 4.82 67 5.57 5.44 5.01 5.09 5.07 4.89 68 5.72 5.56 5.08 5.21 5.19 4.96 69 5.87 5.69 5.14 5.34 5.31 5.04 70 6.04 5.83 5.20 5.47 5.44 5.11 71 6.22 5.97 5.25 5.62 5.58 5.18 72 6.42 6.12 5.31 5.78 5.73 5.24 73 6.62 6.28 5.36 5.96 5.88 5.30 74 6.85 6.44 5.40 6.14 6.05 5.36 75 7.09 6.61 5.44 Age Adjustment Table Year of Birth Adjustment to Age Year of Birth Adjustment to Age ------------- ----------------- ------------- ----------------- Before 1920 + 2 1960-1969 - 3 1920-1929 + 1 1970-1979 - 4 1930-1939 0 1980-1989 - 5 1940-1949 1 1990-1999 - 6 1950-1959 2 ETC. ETC.
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Related to ANNUITY PURCHASE RATES UNDER A VARIABLE PAYMENT OPTION

  • CASH SETTLEMENT OPTION The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. NHIT: Senior Floating Rate and Fixed Income Trust, as a Lender By: Xxxxxx Xxxxxx Trust Company, LLC, its Trustee By: /s/ Xxxx XxXxxxxx Name: Xxxx XxXxxxxx Title: Vice President, Legal and Compliance Analyst Name of Fund Manager (if any): Xxxxxx Xxxxxx ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

  • Fixed Annuity 10 1.16 Fund(s) ........................................................... 10 1.17

  • Death During Distribution of a Benefit If the Executive dies after any benefit distributions have commenced under this Agreement but before receiving all such distributions, the Bank shall distribute to the Beneficiary the remaining benefits at the same time and in the same amounts they would have been distributed to the Executive had the Executive survived.

  • Funding of Gross Settlement Amount Defendant shall fully fund the Gross Settlement Amount, and also fund the amounts necessary to fully pay Defendant’s share of payroll taxes by transmitting the funds to the Administrator no later than 14 days after the Effective Date.

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