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 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

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.

  • Actuarial Contribution Memorandum Page 71 November 16, 1999 548 VIII.

  • 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.

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

  • However, the experience of the predecessor participating accumulation contract or GIC was included in the historical ACs. Actuarial Contribution Memorandum Page 80 November 16, 1999 557 If the predecessor participating accumulation contract or GIC was no longer in force but there were payout annuities still in force, historical contract data on the predecessor contract was utilized and historical experience/gain factors were applied in order to derive an historical AC.

  • Actuarial Contribution Memorandum Page 24 November 16, 1999 501 5.

  • Actuarial Contribution Memorandum Page 25 November 16, 1999 502 V.

  • Actuarial Contribution Memorandum Plan of Reorganization ii 4 PLAN OF REORGANIZATION OF METROPOLITAN LIFE INSURANCE COMPANY UNDER SECTION 7312 OF THE NEW YORK INSURANCE LAW This plan of reorganization provides for the conversion of Metropolitan Life Insurance Company from a mutual life insurance company into a stock life insurance company.

  • Each Actuarial Contribution Memorandum Page 82 November 16, 1999 559 eligible contract's AC was then determined from its actual account value as of the Statement Date and the AC factor for the appropriate model cell.

  • Any total portfolio rate calculated Actuarial Contribution Memorandum Page 5 November 16, 1999 482 applies to assets supporting both reserves and surplus.


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 Contribution of Qualifying Policies. The Actuarial Contribution Memorandum is attached to this Plan as Exhibit D.
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 has the meaning specified in Section 2.7.

  • 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.

  • 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, 2020, 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, 2020.

  • Final Balance Sheet has the meaning set forth in Section 2.4(e).

  • 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 December 2010 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 has the meaning set forth in Section 2.2(b) below.

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

  • Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.