ADJUSTED CONTRACT VALUE definition

ADJUSTED CONTRACT VALUE. The Contract Value as of the Annuity Date less any applicable charges for any type of tax (or component thereof) measured by or based on the amount of Purchase Payment we receive. The applicable Annuity Table is applied to this amount to determine the initial Annuity Payment.

ADJUSTED CONTRACT VALUE. The Contract Value less any applicable Premium Tax. This amount is used to determine the death benefit or the initial Annuity Payment.

ADJUSTED CONTRACT VALUE. The Contract Value less any applicable Premium Tax. This amount is applied to the applicable Annuity Table to determine the initial Annuity Payment. AGE: Age last birthday unless otherwise specified.

Examples of ADJUSTED CONTRACT VALUE in a sentence

OR b) YOUR REMAINING ADJUSTED CONTRACT VALUE (YOU CAN MAKE THIS ELECTION ANY TIME).
MINIMUM ADJUSTED CONTRACT VALUE THAT MUST BE APPLIED TO A PARTIAL ANNUITIZATION UNDER A TRADITIONAL ANNUITY OPTION: $[5,000].
DBS provides learners with relevant and appropriate assessment opportunities that enable learners to demonstrate attainment of learning outcomes.
ADJUSTED CONTRACT VALUE: The Contract Value as of the Annuity Date less any applicable charges for any type of tax (or component thereof) measured by or based on the amount of Purchase Payment we receive.
ADJUSTED CONTRACT VALUE: The Contract Value plus or minus any applicable Market Value Adjustment less Premium Tax Charges not previously deducted less the annual administration fee.

ADJUSTED CONTRACT VALUE. The Contract Value less any applicable Premium Tax, and Contract Maintenance Charge and plus the applicable Market Value Adjustment which may be positive or negative. This amount is applied to the applicable Annuity Tables to determine Annuity Payments.

ADJUSTED CONTRACT VALUE. The Contract Value less any applicable Premium Tax.

ADJUSTED CONTRACT VALUE. The Contract Value as of the Annuity Date less any applicable Premium Tax Charge and less any Credit subject to recapture under the vesting schedule shown on the Contract Data pages. The applicable Annuity Table is applied to this amount to determine the initial Annuity Payment. 10

ADJUSTED CONTRACT VALUE of an Actuarial Receivable, as of the close of business on the last day of any Collection Period, means the excess of the Contract Value of such Actuarial Receivable at the close of business on such date over the Carryover Scheduled Interest Payment on such Actuarial Receivable for such Collection Period.

ADJUSTED CONTRACT VALUE. The Contract Value, plus or minus any aggregate AG Account Market Value Adjustment.

ADJUSTED CONTRACT VALUE means the maximum estimated or fixed amount the Township has accepted in writing to pay for the Project as specified in Vendor’s Bid, whether the component prices for Work are expressed as unit fees or fixed fees, as may be adjusted by the Township-approved increases or decreases made in accordance with the terms of the Contract.

ADJUSTED CONTRACT VALUE on the "Annuity Calculation Date" is applied to the applicable Fixed and/or Variable Annuity Tables for the Annuity Option chosen to determine your first Annuity Payment. The Adjusted Contract Value is determined on the Annuity Calculation Date, which is a Business Day no more than ten days prior to the Annuity Date. The Adjusted Contract Value is the Contract Value, less any Premium and Other Taxes and less any applicable charges and fees as described in the Contract Schedule (or any Rider). The amount of the first payment for each $1,000 of Adjusted Contract Value is shown in the Annuity Tables. You may apply a portion of your Adjusted Contract Value to an Annuity Option subject to our published rules.