Actuarial Contribution Memorandum definition

Actuarial Contribution Memorandum means the memorandum, attached to the Plan as Schedule 4, that sets forth the principles, assumptions and methodologies for the calculation of the Actuarial Contributions of qualifying policies under the Plan.
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Actuarial Contribution Memorandum has the meaning specified in Section 6.1(b). "Adoption Date" has the meaning specified in the first paragraph hereof. "Aggregate Fixed Shares" has the meaning specified in Section 6.1(b). "Aggregate Variable Shares" has the meaning specified in Section 6.1(b). "Allocable Shares" means 30,000,000 shares of Holding Company Stock. "Application" has the meaning specified in Section 2.1. "Board" has the meaning specified in the first paragraph hereof. "Cash Election Amount" has the meaning specified in Section 6.3(a)(vi). "Closed Block" has the meaning specified in Section 7.1(a). "Closed Block Assets" has the meaning specified in Section 7.1(b). "Closed Block Business" means Policies within the classes of Policies specified in Schedule 1 (which Policy classes include, except as specified on Schedule 1, all of the classes of individual Policies for which the Company had an experience-based dividend scale in effect for 1998 and certain other classes of individual Policies), but only to the extent such Policies are In Force on the Effective Date. "Closed Block Financial Statements" has the meaning specified in Section 7.2(e)(i). "Closed Block Funding Date" has the meaning specified in Section 7.1(b). "Closed Block Memorandum" has the meaning specified in Section 7.1(a). "Code" means the Internal Revenue Code of 1986, as amended. "Common Stock" means the shares of common stock of the Company. "Company" means, at all times prior to the Effective Date, Standard Insurance Company, a mutual life insurance company organized under the laws of Oregon, and at all times on and after the Effective Date, Standard Insurance Company, a stock life insurance company organized under the laws of Oregon. 2
Sample 1
Actuarial Contribution Memorandum means the memorandum that sets forth the principles, assumptions and methodologies for the calculation of the Actuarial Contribution of Qualifying Policies. The Actuarial Contribution Memorandum is attached to this Plan as Exhibit D.
Sample 1

Examples of Actuarial Contribution Memorandum in a sentence

  • Solely for purposes of calculating the amount of this consideration, each Eligible Policyholder's allocation of Allocable Common Shares shall be determined in accordance with this Article VII and the Actuarial Contribution Memorandum.

  • These surplus contributions were Actuarial Contribution Memorandum Page 40 November 16, 1999 517 discounted to the Statement Date using an after-tax net investment earnings rate as described in Section II.

  • Tax Statement to be mailed to: ** Statutory Recordation Authority: ORS 93.850.

  • Actuarial Contribution Memorandum Page 42 November 16, 1999 519 GUL/GVUL POOLED PORTED CERTIFICATES The historical data for each model cell was gathered from MetLife systems and was equal to actual experience.

  • Actuarial Contribution Memorandum Page 61 November 16, 1999 538 VII.

  • In determining the ACs for LOBs which include such blocks, the following general principles were followed: Actuarial Contribution Memorandum Page 10 November 16, 1999 487 - ACs generally were calculated from the date of acquisition of that business and not before.

  • The Aggregate Variable Component shall be allocated to determine the Variable Equity Plan of Reorganization Shares in respect of the Qualifying Policies in accordance with Section 7.2 and the Actuarial Contribution Memorandum.

  • The College strategic risk register at Risk 6 – Digital Ambitions [was Risk 10] and Risk 7 – Business Continuity / Cyber Resilience [was Risk 6] have been updated following consideration of Internal Audit findings in relation to cyber resilience.3.2 Key Action 3 - Ensure public bodies join the NCSC’s Cybersecurity Information Sharing Partnership (CiSP).

  • The in force amount was either the statutory policy reserve or the face Actuarial Contribution Memorandum Page 16 November 16, 1999 493 amount depending on the plan or rider benefit.

  • Actuarial Contribution Memorandum Page 18 November 16, 1999 495 III.


More Definitions of Actuarial Contribution Memorandum

Actuarial Contribution Memorandum means the memorandum that sets forth the principles, assumptions and methodologies for the calculation of the Actuarial Contributions of Qualifying Policies. The Actuarial Contribution Memorandum was adopted by the Board in accordance with Section 7.2(c) concurrently with the adoption of this amended and restated Plan. The Actuarial Contribution Memorandum is attached to this Plan as Schedule 5.
Sample 1
Actuarial Contribution Memorandum has the meaning specified in Section 7.1(b).
Sample 1

Related to Actuarial Contribution Memorandum

  • Information Memorandum means the Confidential Information Memorandum dated March, 2011 relating to the Borrower and the Transactions.

  • Closing Date Balance Sheet is defined in Section 3.1.

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Consent Solicitation Memorandum means the consent solicitation memorandum dated 20 October 2021 prepared by the Issuer in relation to the Consent Solicitation;

  • Actuarial opinion means the opinion of an appointed actuary regarding the adequacy of the reserves and related actuarial items based on an asset adequacy analysis in accordance with subrule 5.34(6) and with applicable actuarial standards.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of June 30, 2018, as presented in the Information Statement made available to the Record Holders.

  • Financial Contribution means a contribution from an implementing partner in the form of own risk-taking capacity that is provided on a pari passu basis with the EU guarantee or in another form that allows an efficient implementation of the InvestEU Programme while ensuring appropriate alignment of interest;

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Actuarial cost means the amount determined by the board in a uniform and nondiscriminatory

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 2.4(a)(iii) of the Agreement.

  • Interim Balance Sheet has the meaning set forth in Section 3.06.

  • cash memorandum account means an account so designated by the Operator of the relevant system.

  • Actuarial certification means a written statement by a member of the American Academy of

  • Funds Flow Memorandum means the memorandum setting forth the flow of funds at closing and the funding of the Term A Loans and Term B Loans, as approved by the Administrative Agent, and a related letter of direction.

  • Audited Company Balance Sheet means the consolidated balance sheet (and the notes thereto) of the Company and its consolidated Subsidiaries as of December 31, 2021, set forth in the Company’s Annual Report on Form 10-K filed by the Company with the SEC for the fiscal year ended December 31, 2021.

  • Final Balance Sheet has the meaning set forth in Section 3.3(b).

  • Actuarial valuation means a mathematical determination of

  • CMSA Comparative Financial Status Report The monthly report in "Comparative Financial Status Report" format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "Comparative Financial Status Report" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Master Servicer or the Special Servicer, as applicable.

  • Confidential Information Memorandum means the Confidential Information Memorandum of the Borrower dated March, 2004, delivered to the Lenders in connection with this Agreement.

  • Reference Balance Sheet shall have the meaning assigned to it in Section 4.3.

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Financial Statement Date means December 31, 1999.

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).