Age Last Birthday definition

Age Last Birthday. , which means there is no longer a need to de- termine if the applicant’s age is closer to their next birthday. When completing the age question on the application, enter the applicant’s actual age.
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Examples of Age Last Birthday in a sentence

  • Age Last Birthday (ALB) and Age Nearest Birthday (ANB) are considered separate tables.

  • BASIS OF COMPUTATION We use the Male and Female 1980 CSO, (S or NS), Age Last Birthday.

  • Age Last Birthday is based on the age of the life insured as of the policy effective date.

  • The rates for ages under 20 do not distinguish between smokers and nonsmokers and are based on the 1980 Standard Ordinary Mortality Table, Male or Female, Age Last Birthday.

  • They are based on 125 percent of the 1980 Commissioners Standard Ordinary Mortality Table C Age Last Birthday.

  • These subtotals shall sum to corresponding entries from the Exhibit of Life Insurance or the Exhibit of Number of Certificates as appropriate.A complete description of the valuation standard such as 1980 CSO Male 4.5%, Age Last Birthday, Continuous, Smoker, Select and Ultimate, CRVM shall be identified (or easily identifiable) for each seriatim detail record or other reserve calculation.

  • We base minimum Cash Surrender Values and reserves on the Commissioners 1980 Standard Ordinary Male and Female, Smoker and Non-Smoker, Mortality Tables, Age Last Birthday.

  • These rates are based on the Commissioners 1980 Standard Ordinary Smoker and Nonsmoker Mortality Tables, Age Last Birthday.

  • To adjust the table to an Age Last Birthday (ALB) basis, the table should be aged by ½ year.

  • The 1980 Commissioner's Standard Ordinary Smoker or Nonsmoker Mortality Tables, Age Last Birthday, is the basis for minimum Cash Values, death benefits, and guaranteed maximum cost of insurance rates under this policy.

Related to Age Last Birthday

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Periodic Distribution Date means the first Business Day that is as soon as reasonably practicable occurring approximately ninety (90) days after the immediately preceding Periodic Distribution Date.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Entry Date means the Effective Date of the Plan and each January 1 and July 1 of each Plan Year after the Effective Date.

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • First Distribution Date Initial Certificate Principal Balance of this May 27, 2003 Certificate as of the Cut-off Date: $___________ Master Servicer: Wells Fargo Bank Mixxxxxta, National Association CUSIP: ___________ Assumed Final Distribution Date: ___________ ASSET-BACKED CERTIFICATE SERIES 2003-AC2 This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator referred to below or any of their affiliates or any other person. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental entity or by Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator or any of their affiliates or any other person. None of Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced hereby in the beneficial ownership interest of Certificates of the same Class as this Certificate in a trust (the "Trust Fund") generally consisting of conventional first lien, fixed rate mortgage loans secured by one- to four- family residences, units in planned unit developments and individual condominium units (collectively, the "Mortgage Loans") sold by Bear Stearns Asset Backex Xxxxxities, Inc. ("BSABS"). The Mortgage Loans were sold by EMC Mortgage Corporation

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).

  • Class A-4 Final Scheduled Distribution Date means January 17, 2023.

  • Nomination Date means the twentieth (20th) day of the month preceding the Operating Month.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Regular Distribution Dates means each April 1 and October 1, commencing on April 1, 2016; provided, however, that, if any such day shall not be a Business Day, the related distribution shall be made on the next succeeding Business Day without additional interest.

  • Class A-3 Final Scheduled Distribution Date means January 15, 2021.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Final Legal Distribution Date means (i) with respect to the Class AA Certificates, August 15, 2033, (ii) with respect to the Class A Certificates, August 15, 2033 and (iii) with respect to the Class B Certificates, August 15, 2029.