Allocation of Purchase definition

Allocation of Purchase. Payments Among the Fixed and Variable Accounts - Subject to limits described in the Schedule, you tell us how to allocate your purchase payments by notifying us of your choices. You specified how to allocate your initial purchase payment in your application for this Contract. Initial purchase payments allocated to the Fixed Account will be invested in Fixed Sub-Accounts with the Guarantee Periods that you specified in your application. We may, however, require that an initial purchase payment allocated to a Variable Sub- Account be invested in the Designated Sub-Account shown in the Schedule during the Free-Look Period. At the end of the Free-Look Period, if your initial purchase payment was allocated to the Designated Sub-Account by us, we will transfer the value of that Designated Sub-Account to the Sub-Account(s) you specified in your application. For the purpose of processing transfers from the Designated Sub-Account, the Free-Look Period will be assumed to end 15 days after the Contract Date. If you do not tell us how to allocate any additional purchase payments, they will be allocated in the same manner as your most recent purchase payment.
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Allocation of Purchase. PAYMENTS: Purchase Payments are allocated to the Separate Account in accordance with the selections made by the Owner. The allocation of the initial Purchase Payment is made in accordance with the selection made by the Owner in the Application. Unless otherwise changed by the Owner, subsequent Purchase Payments are allocated in the same manner as the initial Purchase Payment. Allocation of the Purchase Payments is subject to the terms and conditions imposed by the Company.
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Allocation of Purchase. Payments The owner may allocate the purchase payments to the fixed account and among one or more of the variable subaccounts. The choice for each account may be made in any whole percent from 0% to 100% as long as the total adds up to 100%. The entire portion of any net purchase payment that the owner allocates to the Variable Subaccounts will be invested in the Moneyshare subaccount until the estimated end of the Right to Examine the Certificate period. The certificate value in the Moneyshare subaccount will then be transferred to the subaccounts elected on the enrollment application. The entire portion of any net purchase payment allocated to the Fixed Account will be invested in the Fixed Account when received. Additional net purchase payments received after the Right to Examine the Contract period will be allocated to the Fixed Account and the Variable Subaccounts as elected on the application unless the owner elects a different allocation. By written request, or by another method agreed to by us, the owner may change purchase payment allocations.
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Examples of Allocation of Purchase in a sentence

  • Comparing Title II with Title IIIWhen it comes to state and local government services, the Justice Department takes the opposite tack.

  • If you would like to rebalance to a mix other than the indicated Allocation of Purchase Payments, please complete the Optional Programs Form.

  • Allocation of Purchase Price of Acquired Properties Upon acquisition of real properties, the Partnership records them in the financial statements at cost.

  • Allocation of Purchase Price of Acquired Properties Upon acquisition of real properties, the Company records them in the financial statements at cost.

  • Allocation of Purchase Payments Because this rider requires 100% allocation to approved investment options, allocation of purchase payments shall be determined by Your selection from investment options available for this rider.

  • Allocation of Purchase PaymentsBecause this rider requires 100% allocation to approved investment options, allocation of purchase payments shall be determined by Your selection from investment options available for this rider.

  • Allocation of Purchase Price for Units A Holder who acquires Units pursuant to this Offering will be required to allocate the purchase price of each Unit between the Unit Share and the one-half of one Unit Warrant on a reasonable basis in order to determine their respective costs for purposes of the Tax Act.

  • See Note 2, “Pro Forma Allocation of Purchase Price,” for the allocation of the purchase price to acquired net assets.

  • Allocation of Purchase Payments Among the Variable and Interest Accounts - Subject to limits described in the Schedule, you tell us how to allocate your purchase payment, less any applicable taxes, by notifying us of your choices.

  • Allocation of Purchase Payments You may allocate Purchase Payments to one or more Investment Options.

Related to Allocation of Purchase

  • Notice of Purchase means, as the context requires, a Preliminary Notice of Purchase or a Final Notice of Purchase, in each case, substantially in the form attached as Exhibit A to the VRDP Shares Purchase Agreement.

  • Final Notice of Purchase means, in connection with an Optional Tender or a Mandatory Tender, a Notice of Purchase delivered by the Tender and Paying Agent to the Liquidity Provider (or directly to the Liquidity Provider by Beneficial Owners or their Agent Members, in the case of an Optional Tender, or Holders, in the case of a Mandatory Tender, if there is no Tender and Paying Agent or for any reason the Tender and Paying Agent does not perform its obligations) on the Purchase Date indicating the number of VRDP Shares to be purchased on such date pursuant to the Purchase Obligation, or, in connection with a Mandatory Purchase, the Mandatory Purchase Notice delivered by the Fund or the Tender and Paying Agent on behalf of the Fund.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Purchase Price Allocation Schedule has the meaning set forth in Section 5.11(f)(ii).

  • Purchase Price Adjustment Escrow Amount means $3,000,000.

  • Purchase Price and Terms Letter With respect to each purchase of a Mortgage Loan Package hereunder, that certain letter agreement setting forth the general terms and conditions of such transaction consummated herein and identifying the Mortgage Loans to be purchased hereunder, by and between the Company and the Purchaser. Purchaser: Xxxxxx Brothers Bank, FSB or its successor in interest or any successor to the Purchaser under this Agreement as herein provided.

  • Notice of Purchase Withdrawal Has the meaning specified in the Deposit Agreement.

  • Mandatory Purchase means the mandatory purchase of Outstanding VRDP Shares by the Liquidity Provider pursuant to this Agreement in connection with a Mandatory Purchase Event.

  • Purchase Price and Terms Agreement Those certain agreements setting forth the general terms and conditions of the transactions consummated herein and identifying the Mortgage Loans to be purchased from time to time hereunder, by and between the Seller and the Purchaser.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Allocation shall have the meaning set forth in Section 2.7.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Allocation Schedule has the meaning set forth in Section 2.07.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Additional Consideration has the meaning set forth in Section 3.2.