Active Life Certificate definition

Active Life Certificate means a certificate delivered to each participant who is covered under an allocated contract, summarizing benefit provisions and the certificateholder’s rights under the contract.
Sample 1Sample 2Sample 3
Active Life Certificate means a certificate delivered to each participant who is covered under an allocated contract.
Sample 1Sample 2Sample 3
Active Life Certificate means a certificate delivered to each participant who is covered under an allocated contract, summarizing benefit provisions and the
Sample 1

Examples of Active Life Certificate in a sentence

  • The contract shall include the provisions applicable to the contractholder and may or may not include the provisions applicable to the Annuitant or beneficiary if such provisions are included in a separate Active Life Certificate.

  • B.5) Active Life Certificate – §3223(d) The Department has not required an active life certificate when a general account contract is unallocated, even if it is contributory.

  • D.4) Active Life Certificate (a) Section 3223(d) requires a provision that the insurer shall issue a certificate for delivery to each annuitant who contributes to the contract.

  • Refer to your Active Life Certificate for the liquidation schedule.□ Surrender (Total Withdrawal)□ Total Withdrawal Over Liquidation Schedule (Surrender)Liquidation Year (year 1 will be assumed unless otherwise noted).Note: A withdrawal form must be completed each year to process subsequent withdrawals.

  • Standard Provisions Grace Period Entire Contract Misstatement of Age or Sex Retired Life Certificate No Active Life Certificate Required C.

  • Refer to your Active Life Certificate for the liquidation schedule.

Related to Active Life Certificate

  • Certificate Notional Balance With respect to each Certificate of Class X and any date of determination, the product of (i) the Class Certificate Notional Balance of such Class and (ii) the applicable Percentage Interest of such Certificate.

  • Private Certificate As specified in the Preliminary Statement.

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Non-Bank Certificate has the meaning specified in Section 3.01(b).

  • Certificate Notional Amount With respect to any Interest Only Certificate, as of any date of determination, the then notional principal amount on which such Certificate accrues interest, equal to the product of (a) the then Certificate Factor for the Class of Interest Only Certificates to which such Certificate belongs, multiplied by (b) the amount specified on the face of such Certificate as the initial Certificate Notional Amount thereof.

  • Class CE Certificate Any one of the Class CE Certificates executed, authenticated and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-7 and evidencing a Regular Interest in REMIC VI for purposes of the REMIC Provisions.

  • Original Class Certificate Principal Balance With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.

  • Initial Certificate Principal Balance With respect to each Class of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as set forth in the Series Supplement.

  • Class Certificate Principal Balance As to any Class of Certificates, other than any Class of Notional Certificates, and as of any date of determination, the aggregate of the Certificate Principal Balances of all Certificates of such Class. The Class Certificate Principal Balance of each such Class of Certificates as of the Closing Date is specified in Section 5.01(b).

  • Class B Certificate Any one of the Certificates designated as a Class B-1 Certificate, Class B-2 Certificate or Class B-3 Certificate.

  • Certificate Principal Balance With respect to each Certificate (other than any Interest Only Certificate), on any date of determination, an amount equal to:

  • Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.

  • Senior Certificate As defined in the Series Supplement.