Working Range. If currently credited interest rates are outside of the defined working range of plus or minus 25 basis points of target rates, then no action is required (but action may be taken) until the cumulative shortfall exceeds $750,000.
Appears in 4 contracts
Samples: Investment Management Agreement (Americo Life Inc), Investment Management Agreement (Americo Life Inc), Automatic Coinsurance Reinsurance Agreement (Americo Life Inc)