VSA Valuation Adjustment. A valuation adjustment of a VSA will be computed by the Company in accordance with the provisions of Schedule 3.2 as of the beginning of each calendar quarter to the end of such calendar quarter, or more frequently as mutually agreed by the parties, commencing with the calendar quarter following the Effective Date (“VSA Valuation Adjustment”). The VSA Valuation Adjustment, whether positive or negative, shall be included as part of the calculation of the periodic payment as provided for in Section 5.2.
Appears in 11 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Horizon Variable Separate Account)
VSA Valuation Adjustment. A valuation adjustment of a VSA will be computed by the Company in accordance with the provisions of Schedule 3.2 as of the beginning of each calendar quarter to the end of such calendar quarter, or more frequently as mutually agreed by the parties, commencing with the calendar quarter following the Effective Date (“"VSA Valuation Adjustment”"). The VSA Valuation Adjustment, whether positive or negative, shall be included as part of the calculation of the periodic payment as provided for in Section 5.2.
Appears in 3 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co)
VSA Valuation Adjustment. A valuation adjustment of a the VSA will be computed by the Company in accordance with the provisions of Schedule 3.2 as of the beginning of each calendar quarter to the end of such calendar quarter, or more frequently as mutually agreed by the parties, commencing with the calendar quarter following the Effective Date (“VSA Valuation Adjustment”). The VSA Valuation Adjustment, whether positive or negative, shall be included as part of the calculation of the periodic payment as provided for in Section 5.2.
Appears in 1 contract
VSA Valuation Adjustment. A valuation adjustment of a VSA will be computed by the Company in accordance with the provisions of Schedule 3.2 as of the beginning of each calendar quarter to the end of such calendar quarter, or more frequently as mutually agreed by the parties, commencing with the calendar quarter following the Effective Date (“”VSA Valuation Adjustment”). The VSA Valuation Adjustment, whether positive or negative, shall be included as part of the calculation of the periodic payment as provided for in Section 5.2.
Appears in 1 contract
Samples: Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co)
