Income Table for Life Sample Clauses

Income Table for Life. Male/Female Male/Female Male/Female Age Life Only 10 Years Certain 20 Years Certain --- --------- ---------------- ---------------- 50 3.81 / 3.55 $3.78 / 3.54 $3.68 / 3.49 55 4.20 / 3.89 4.15 / 3.86 3.98 / 3.77 60 4.72 / 4.33 4.62 / 4.28 4.31 / 4.10 65 5.43 / 4.93 5.24 / 4.83 4.64 / 4.47 70 6.42 / 5.76 5.99 / 5.54 4.93 / 4.82 75 7.79 / 6.99 6.86 / 6.44 5.13 / 5.08 80 9.70 / 8.80 7.74 / 7.45 5.24 / 5.22 85 12.38 / 11.52 8.49 / 8.35 5.28 / 5.27 RIDERS [Guaranteed Minimum Income Benefit Rider o On the Income Date, we will calculate an anniversary value for each Certificate Anniversary on or before the Income Date, excluding, however, Certificate Anniversaries that come after the Owner attains age [80] or before the Effective Date of this Rider. o The Income Date must be on a Certificate Anniversary or the 30 days that follow and must be:
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Income Table for Life. Male/Female Male/Female Male/Female Age Life Only 10 Years Certain 20 Years Certain --- ----------- ---------------- ---------------- 50 3.81/3.55 $3.78/3.54 $3.68/3.49 55 4.20/3.89 4.15/3.86 3.98/3.77 60 4.72/4.33 4.62/4.28 4.31/4.10 65 5.43/4.93 5.24/4.83 4.64/4.47 70 6.42/5.76 5.99/5.54 4.93/4.82 75 7.79/6.99 6.86/6.44 5.13/5.08 80 9.70/8.80 7.74/7.45 5.24/5.22 85 12.38/11.52 8.49/8.35 5.28/5.27 RIDERS Accidental Death Benefit Rider The Maximum Accidental Death Benefit is $250,000. DVA1-9712 DEFINITIONS -------------------------------------------------------------------------------- "ACCOUNT VALUE" is the entire amount we hold under this Contract for you before the Income Date. It is equal to the sum of the Variable Account Value and the Fixed Account Value.
Sample 1
Income Table for Life. Male/Female Male/Female Male/Female Age Life Only 10 Years Certain 20 Years Certain --- --------- ---------------- ----------------
Sample 1
Income Table for Life. Male/Female Male/Female Male/Female Age Life Only 10 Years Certain 20 Years Certain --- --------- ---------------- ---------------- 50 3.81 / 3.55 $3.78 / 3.54 $3.68 / 3.49 55 4.20 / 3.89 4.15 / 3.86 3.98 / 3.77 60 4.72 / 4.33 4.62 / 4.28 4.31 / 4.10 65 5.43 / 4.93 5.24 / 4.83 4.64 / 4.47 70 6.42 / 5.76 5.99 / 5.54 4.93 / 4.82 75 7.79 / 6.99 6.86 / 6.44 5.13 / 5.08 80 9.70 / 8.80 7.74 / 7.45 5.24 / 5.22 85 12.38 / 11.52 8.49 / 8.35 5.28 / 5.27 RIDERS [None] DEFINITIONS --------------------------------------------------------------------------------
Sample 1
Income Table for Life. Male/Female Male/Female Male/Female Age Life Only 10 Years Certain 20 Years Certain --- --------- ---------------- ---------------- 50 3.24 / 3.08 $3.24 / 3.08 $3.21 / 3.06 55 3.29 / 3.29 3.47 / 3.28 3.42 / 3.25 60 3.79 / 3.54 3.77 / 3.53 3.67 / 3.48 65 4.18 / 3.87 4.13 / 3.85 3.97 / 3.76 70 4.70 / 4.31 4.61 / 4.26 4.30 / 4.09 75 5.40 / 4.90 5.22 / 4.81 4.63 / 4.45 80 6.38 / 5.73 5.97 / 5.52 4.92 / 4.81 85 7.73 / 6.94 6.83 / 6.41 5.12 / 5.07 Table of Accumulated Values Based on the Guaranteed Interest Rates of the Fixed Account (Table assumes a $10,000 allocation to a 1-Year Guarantee Period crediting the Minimum Guaranteed Interest of [3%]) Contract Year-End Fixed Account Value Surrender Value 1 10,300.00 10,300.00 2 10,609.00 10,609.00 3 10,927.27 10,927.27 4 11,255.09 11,255.09 5 11,592.74 11,592.74 6 11,940.52 11,940.52 7 12,298.74 12,298.74 8 12,667.70 12,667.70 9 13,047.73 13,047.73 10 13,439.16 13,439.16 11 13,842.34 13,842.34 12 14,257.61 14,257.61 13 14,685.34 14,685.34 14 15,125.90 15,125.90 15 15,579.67 15,579.67 16 16,047.06 16,047.06 17 16,528.48 16,528.48 18 17,024.33 17,024.33 19 17,535.06 17,535.06 20 18,061.11 18,061.11 RIDERS [Guaranteed Minimum Income Benefit Rider o On the Income Date, we will calculate an anniversary value for each Contract Anniversary on or before the Income Date, excluding, however, Contract Anniversaries that come after the Owner attains age [80] or before the Effective Date of this Rider. o The Income Date must be on a Contract Anniversary or the 30 days that follow and must be:
Sample 1

Related to Income Table for Life

  • Note Exchangeable for Different Denominations This Note is exchangeable, upon the surrender hereof by the Holder at the principal office of the Company, for a new Note or Notes (in accordance with Section 18(d) and in principal amounts of at least $1,000) representing in the aggregate the outstanding Principal of this Note, and each such new Note will represent such portion of such outstanding Principal as is designated by the Holder at the time of such surrender.

  • Determination of Pass-Through Rates for LIBOR Certificates (a) On each Interest Determination Date so long as any LIBOR Certificates are outstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "

  • Distribution Eligibility Shares issued in a Fund after receipt of a completed purchase order shall be eligible to receive distributions of the Fund at the time specified in the prospectus pursuant to which the Shares are offered.

  • Warrant Exchangeable for Different Denominations This Warrant is exchangeable, upon the surrender hereof by the holder hereof at the office or agency of the Company referred to in Paragraph 7(e) below, for new Warrants of like tenor representing in the aggregate the right to purchase the number of shares of Common Stock which may be purchased hereunder, each of such new Warrants to represent the right to purchase such number of shares as shall be designated by the holder hereof at the time of such surrender.

  • Distribution of Net Cash Flow Net Cash Flow shall be distributed among the Partners in accordance with their Partnership Percentages at such times and in such amounts as shall be determined by the General Partner.

  • Determination of Pass-Through Rates for COFI Certificates The Pass-Through Rate for each Class of COFI Certificates for each Interest Accrual Period after the initial Interest Accrual Period shall be determined by the Trustee as provided below on the basis of the Index and the applicable formulae appearing in footnotes corresponding to the COFI Certificates in the table relating to the Certificates in the Preliminary Statement. Except as provided below, with respect to each Interest Accrual Period following the initial Interest Accrual Period, the Trustee shall not later than two Business Days prior to such Interest Accrual Period but following the publication of the applicable Index determine the Pass-Through Rate at which interest shall accrue in respect of the COFI Certificates during the related Interest Accrual Period. Except as provided below, the Index to be used in determining the respective Pass-Through Rates for the COFI Certificates for a particular Interest Accrual Period shall be COFI for the second calendar month preceding the Outside Reference Date for such Interest Accrual Period. If at the Outside Reference Date for any Interest Accrual Period, COFI for the second calendar month preceding such Outside Reference Date has not been published, the Trustee shall use COFI for the third calendar month preceding such Outside Reference Date. If COFI for neither the second nor third calendar months preceding any Outside Reference Date has been published on or before the related Outside Reference Date, the Index for such Interest Accrual Period and for all subsequent Interest Accrual Periods shall be the National Cost of Funds Index for the third calendar month preceding such Interest Accrual Period (or the fourth preceding calendar month if such National Cost of Funds Index for the third preceding calendar month has not been published by such Outside Reference Date). In the event that the National Cost of Funds Index for neither the third nor fourth calendar months preceding an Interest Accrual Period has been published on or before the related Outside Reference Date, then for such Interest Accrual Period and for each succeeding Interest Accrual Period, the Index shall be LIBOR, determined in the manner set forth below. With respect to any Interest Accrual Period for which the applicable Index is LIBOR, LIBOR for such Interest Accrual Period will be established by the Trustee on the related Interest Determination Date as provided in Section 4.08. In determining LIBOR and any Pass-Through Rate for the COFI Certificates or any Reserve Interest Rate, the Trustee may conclusively rely and shall be protected in relying upon the offered quotations (whether written, oral or on the Reuters Screen) from the Reference Banks or the New York City banks as to LIBOR or the Reserve Interest Rate, as appropriate, in effect from time to time. The Trustee shall not have any liability or responsibility to any Person for (i) the Trustee's selection of New York City banks for purposes of determining any Reserve Interest Rate or (ii) its inability, following a good-faith reasonable effort, to obtain such quotations from the Reference Banks or the New York City banks or to determine such arithmetic mean, all as provided for in this Section 4.07. The establishment of LIBOR and each Pass-Through Rate for the COFI Certificates by the Trustee shall (in the absence of manifest error) be final, conclusive and binding upon each Holder of a Certificate and the Trustee.

  • Designation of Series Pursuant to the terms hereof and Sections 201 and 301 of the Base Indenture, the Company hereby creates two series of Securities designated the “2.521% Guaranteed Notes due 2020” and the “3.535% Guaranteed Notes due 2024”, which Notes shall be deemed “Securities” for all purposes under the Base Indenture.

  • Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date The Seller hereby designates the Classes of Class A Certificates (other than the Class II-A-R and Class II-A-LR Certificates) and the Classes of Class B Certificates as classes of "regular interests" and the Class II-A-R Certificate as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Seller hereby further designates the Class I-L Interest, Class I-LS Interest, Class II-L Interest, and Class II-LS Interest as classes of "regular interests" and the Class II-A-LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC and the Lower-Tier REMIC is September 25, 2034 for purposes of Code Section 860G(a)(1).

  • Ownership Certificates for Tax Purposes The Custodian shall execute ownership and other certificates and affidavits for all federal and state tax purposes in connection with receipt of income or other payments with respect to domestic securities of each Portfolio held by it and in connection with transfers of securities.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

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