Investment Credit Accumulation Rate. For Accounting Periods beginning January 1, 1996 and thereafter, the Investment Credit Accumulation Rate in any Accounting Period equals (i) / [.5 x {(ii) + (iii)}], where:
Appears in 2 contracts
Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)
Investment Credit Accumulation Rate. For Accounting Periods beginning January 1, 1996 and thereafter, the The Investment Credit Accumulation Rate in any Accounting Period equals (i) / [.5 x {(ii) + (iii)}], where:
Appears in 2 contracts
Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)