TABLE OF GUARANTEED VALUES Sample Clauses

TABLE OF GUARANTEED VALUES. Accumulation and cash values are shown on page 4A. The values are based on the assumptions stated on page 4A and are for the end of the contract years shown. Values for contract years not shown are calculated on the same basis as those shown on page 4A. Guaranteed values are at least as great as those required by the state in which this contract is delivered.
Sample 1Sample 2Sample 3See All (28)
AutoNDA by SimpleDocs
TABLE OF GUARANTEED VALUES. Your Values will never be less than shown here if You pay Your Initial Premium at issue, pay additional Planned Premium Amounts as You indicated on Your Application, and don’t take any Withdrawals. The Cash Surrender Value is calculated as described on Page 8 and equals the greater of the Contract Value less Surrender Charges or the Minimum Guaranteed Surrender Value. The Death Benefit equals the greater of the Contract Value or Minimum Guaranteed Surrender Value. End of Contract Year Premium(s) Cash Surrender Value Death Benefit 1 $ 20,000 $ 18,400 $ 20,000 2 4,000 22,320 24,000 3 4,000 26,320 28,000 4 4,000 32,000 32,000 5 4,000 36,000 36,000 6 4,000 40,000 40,000 7 4,000 44,000 44,000 8 4,000 48,000 48,000 9 4,000 52,000 52,000 10 4,000 56,000 56,000 11 4,000 60,000 60,000 12 4,000 64,000 64,000 13 4,000 68,000 68,000 14 4,000 72,132 72,132 15 4,000 76,767 76,767 16 4,000 81,471 81,471 17 4,000 86,245 86,245 18 4,000 91,091 91,091 19 4,000 96,010 96,010 20 4,000 101,003 101,003 25 4,000 127,112 127,112 30 4,000 155,239 155,239 Maturity $ 156,000 $ 185,540 185,540 Minimum Guaranteed Surrender Value at Maturity: $185,540 These values are based on the following: Total Initial Premium: $20,000.00 Planned Premium Amount: $4,000.00 Planned Premium Mode: Annual INDEX-4-09R-3
Sample 1See All (7)
TABLE OF GUARANTEED VALUES. Your Values will never be less than shown here if You pay Your Initial Premium at issue, pay additional Planned Premium Amounts as You indicated on Your Application, and don’t take any Withdrawals. The Cash Surrender Value is calculated as described on Page 7 and equals the greater of the Contract Value less Surrender Charges and any MVA adjustment or the Minimum Guaranteed Surrender Value. The Death Benefit equals the greater of the Contract Value or Minimum Guaranteed Surrender Value. End of Contract Year Total Premiums Cash Surrender Value Death Benefit 1 $ 20,000 2 4,000 3 4,000 4 4,000 5 4,000 6 4,000 7 4,000 8 4,000 9 4,000 10 4,000 11 4,000 12 4,000 13 4,000 14 4,000 15 4,000 16 4,000 17 4,000 18 4,000 19 4,000 20 4,000 30 4,000 40 4,000 50 4,000 60 4,000 70 4,000 Maturity $ 332,000 Minimum Guaranteed Surrender Value at Maturity: These values are based on the following: Initial Premium: $20,000.00 Planned Premium Amount: $4,000.00 Planned Premium Mode: Annual EAGLE LIFE INSURANCE COMPANY 0000 Xxxxxxx Xxxxxxx West Des Moines, Iowa 50266 FLEXIBLE PREMIUM DEFERRED INDEXED ANNUITY CONTRACT Index Credits currently linked to the S&P 500 Index With Market Value Adjustment Provision Which May Increase or Decrease Cash Surrender Values Death Benefit Prior to Maturity Monthly Income at Maturity No Dividends
Sample 1
TABLE OF GUARANTEED VALUES. Policy Year Cash Value Reduced Paid Up Value Policy Year Cash Value Reduced Paid Up Value 1 34 2 35 3 36 4 37 5 38 6 39 7 40 8 41 9 42 10 43 11 44 12 45 13 46 14 47 15 48 16 49 17 50 18 51 19 52 20 53 21 54 22 55 23 56 24 57 25 58 7 APPENDIX II – TABLE OF SURRENDER CHARGES Policy Year Surrender Charge 0 – 3 0% 4 12% 5 10% 6 8% 7 6% 8 4% 9 2%
Sample 1
TABLE OF GUARANTEED VALUES. The table shows minimum guaranteed values and assumes a $10,000 Purchase Payment made at the time of issue followed by subsequent $100 Purchase Payments made annually thereafter on each contract anniversary. The values are based on the assumption that 100% of all net Purchase Payments are allocated to, and remain in, the Guaranteed Interest Fund. End of Contract Year July 31 Accumulation Value Cash Value 1 2003 $ 9,764 $ 9,764 2 2004 10,051 10,051 3 2005 10,344 10,344 4 2006 10,644 10,644 5 2007 10,950 10,950 6 2008 11,264 11,264 7 2009 11,584 11,584 8 2010 11,912 11,912 9 2011 12,247 12,247 10 2012 12,682 12,682 11 2013 13,130 13,130 12 2014 13,591 13,591 13 2015 14,066 14,066 14 2016 14,556 14,556 15 2017 15,060 15,060 16 2018 15,579 15,579 17 2019 16,114 16,114 18 2020 16,665 16,665 19 2021 17,232 17,232 20 2022 17,817 17,817 Age 60 2027 21,013 21,013 Age 65 2032 24,718 24,718 Age 70 2037 29,013 29,013 This table is based on the guaranteed annual effective interest rate of 2.25% for the first nine contract years, 3% thereafter. Higher declared rates of interest will increase values. Values shown at the end of contract years do not reflect any Purchase Payments paid on that contract anniversary. The actual guaranteed values may differ from those shown above, depending on the amount and frequency of Purchase Payments. XX.X.X.XX.(0803) Page 4A (GTY.DUAL)
Sample 1
TABLE OF GUARANTEED VALUES. 5 DEFINITIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Sample 1
TABLE OF GUARANTEED VALUES. 5 DEFINITIONS ................................... 6
Sample 1
AutoNDA by SimpleDocs
TABLE OF GUARANTEED VALUES. The Table of Guaranteed Values shows the cash or loan value, paid-up life insurance and extended insurance as of the end of the policy year indicated. The values are based on the assumption that all premiums have been paid for the number of years shown. They do not reflect amounts provided by riders, paid-up additions, accumulations at interest or amounts owed on this policy. The values at any other time during the policy year will be adjusted for any premium paid and time elapsed during the year. Values for any policy year not shown in the table will be provided upon request.
Sample 1

Related to TABLE OF GUARANTEED VALUES

  • Discharge of Guaranty Upon Sale of Guarantor If all of the Capital Stock of any Guarantor or any of its successors in interest hereunder shall be sold or otherwise disposed of (including by merger or consolidation) in accordance with the terms and conditions hereof, the Guaranty of such Guarantor or such successor in interest, as the case may be, hereunder shall automatically be discharged and released without any further action by any Beneficiary or any other Person effective as of the time of such Asset Sale.

  • Form of Guarantee For value received, the undersigned (herein called the “Guarantors”, and each, a “Guarantor” which terms include any successor Person or Persons under the Indenture referred to in the Security upon which this Guarantee is endorsed), hereby jointly and severally, irrevocably, fully and unconditionally guarantee to each Holder of this Security, which has been authenticated and delivered by the Trustee, the due and punctual payment of the principal of (including any amount in respect of original issue discount), and any premium and interest (together with any Additional Amounts payable pursuant to the terms of this Security), on this Security and the due and punctual payment of the sinking fund payments, if any, and analogous obligations, if any, provided for pursuant to the terms of this Security, when and as the same shall become due and payable, whether at Stated Maturity or upon redemption or upon declaration of acceleration or otherwise according to the terms of this Security and of the Indenture. In case of default by the Company in the payment of any such principal (including any amount in respect of original issue discount), interest (together with any Additional Amounts payable pursuant to the terms of this Security), sinking fund payment, or analogous obligation, each Guarantor agrees duly and punctually to pay the same. Each Guarantor hereby agrees that its obligations hereunder shall rank pari passu with all other unsecured and unsubordinated obligations of such Guarantor, shall be as principal and not merely as surety, and shall be absolute and unconditional irrespective of any extension of the time for payment of this Security, any modification of this Security, any invalidity, irregularity or unenforceability of this Security or the Indenture, any failure to enforce the same or any waiver, modification, consent or indulgence granted to the Company with respect thereto by the Holder of this Security or the Trustee, or any other circumstances which may otherwise constitute a legal or equitable discharge of a surety or guarantor. Each Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in the event of merger or bankruptcy of the Company, any right to require a demand or proceeding first against the Company, protest or notice with respect to this Security or the indebtedness evidenced thereby and all demands whatsoever, and covenants that this Guarantee will not be discharged as to this Security except by payment in full of the principal of (including any amount payable in respect of original issue discount), and any premium and interest (together with any Additional Amounts payable pursuant to the terms of this Security), thereon. Each Guarantor irrevocably waives any and all rights to which it may be entitled, by operation of law or otherwise, upon making any payment hereunder (i) to be subrogated to the rights of a Holder against the Company with respect to such payment or otherwise to be reimbursed, indemnified or exonerated by the Company in respect thereof or (ii) to receive any payment, in the nature of contribution or for any other reason, from any other obligor with respect to such payment. This Guarantee shall not be valid or become obligatory for any purpose with respect to this Security until the certificate of authentication on this Security shall have been signed by the Trustee. All terms used in this Guarantee which are not defined herein shall have the meaning assigned to them in the Security upon which this Guarantee is endorsed. This Guarantee is subject to the release upon the terms set forth in the Indenture. This Guarantee is subject to certain limitations and waivers set forth in the Indenture, as it may be supplemented from time to time. This Guarantee is governed by and construed in accordance with the laws of the State of New York.

  • Scope of Guarantee 1. The financial claims under this contract ("the secured claims") refers to all debts provided by the creditor to the debtor, including but not limited to the principal debt, interest (including default interest, compound interest), breach of contract , damages , expenses of claims.

  • Definition of Guaranteed Obligations As used herein, the term “Guaranteed Obligations” means:

  • Limitation of Guarantee The obligations of each Guarantor will be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Guarantor under the Guarantee not constituting a fraudulent conveyance or fraudulent transfer under Federal or state law. Each Guarantor that makes a payment or distribution under a Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the Adjusted Net Assets of each Guarantor.

  • Term of Guarantee The Term of Guarantee hereunder shall be two years as from the effectiveness date of this Contract until the expiration date of the term for fulfilling the debt under the Master Contract. Where the term of the debt is extended, subject to the consent of Guarantor, the Term of Guarantee shall last for the two years as from the expiration date of the term for fulfilling the debt as stipulated in the extension agreement. Provided that Party B announces to advance the maturity of the debt pursuant to the Master Contract, the Term of Guarantee shall last for the two years as from the date of the earlier maturity of the debt announced by Party B. In the event that the debt under the Master Contract is fulfilled on installments, then with respect to each debt, the Term of Guarantee shall be two years as from the expiration date of the term for fulfilling the last debt.

  • Form of Guaranty If there are to be any Guarantors of this Lease per Paragraph 1.11, the form of the guaranty to be executed by each such Guarantor shall be in the form most recently published by the American Industrial Real Estate Association, and each such Guarantor shall have the same obligations as Lessee under this Lease, including but not limited to the obligation to provide the Tenancy Statement and information required in Paragraph 16.

  • Scope of Guaranty (a) Guarantor hereby absolutely, unconditionally and irrevocably guarantees to Lender each of the following:

  • Limitation of Guaranty Any term or provision of this Guaranty or any other Loan Document to the contrary notwithstanding, the maximum aggregate amount for which any Guarantor shall be liable hereunder shall not exceed the maximum amount for which such Guarantor can be liable without rendering this Guaranty or any other Loan Document, as it relates to such Guarantor, subject to avoidance under applicable Requirements of Law relating to fraudulent conveyance or fraudulent transfer (including the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act and Section 548 of title 11 of the United States Code or any applicable provisions of comparable Requirements of Law) (collectively, “Fraudulent Transfer Laws”). Any analysis of the provisions of this Guaranty for purposes of Fraudulent Transfer Laws shall take into account the right of contribution established in Section 2.3 and, for purposes of such analysis, give effect to any discharge of intercompany debt as a result of any payment made under the Guaranty.

  • Release of Guarantee The Note Guarantees hereunder may be released in accordance with Section 10.2 of the Indenture.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!