Common use of Basis of Reserves Clause in Contracts

Basis of Reserves. MassMutual will hold reserves under this Agreement equal to the minimum required by law.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Basis of Reserves. MassMutual will hold reserves under this Agreement equal to the minimum required by law. Reserves for any annuities purchased in accordance with this Agreement will be at least equal to the minimum required by law.

Appears in 2 contracts

Samples: Investment Agreement, Investment Agreement

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