Annuity Contracts definition

Annuity Contracts means the group and individual variable annuity contracts issued by Nationwide Life to Class Members.

Annuity Contracts means collectively, all contracts of insurance constituting part of the Business which are identified or described as such on the internal systems of Ceding Company, either specifically, generally or by product code, which were entered into by Ceding Company prior to the Reinsurance Effective Date, including policies, certificates, riders, binders, and slips (including applications therefor and all supplements, endorsements, riders and agreements in connection therewith), and any other agreements of insurance or assumed reinsurance, and binding quotations written by or on behalf of Ceding Company in connection with the Business prior to the Reinsurance Effective Date. Without limiting the generality of the foregoing, each certificate shall be deemed to be an “Annuity Contract” for purposes of this Agreement.

Annuity Contracts means all annuity contracts, binders, policies, endorsements, riders, and certificates issued by Company on or prior to the Effective Date and in force on the Effective Date that are on forms identified in Schedule 1.01(c) attached to the Purchase Agreement, including any such policies, certificates and contracts that have lapsed and that otherwise would be eligible for inclusion herein, subject to reinstatement pursuant to reinstatement procedures contained in such policies, certificates and contracts.

Examples of Annuity Contracts in a sentence

• The Individual Variable Annuity Contracts have been duly authorized by Transamerica Life Insurance Company and, when sold in jurisdictions authorizing such sales, in accordance with and when issued as contemplated by said Form N-4 Registration Statement, will constitute legal, validly issued and binding obligations of Transamerica Life Insurance Company.

• The Individual Variable Annuity Contracts have been duly authorized by Transamerica Financial Life Insurance Company and, when sold in jurisdictions authorizing such sales, in accordance with and when issued as contemplated by said Form N-4 Registration Statement, will constitute legal, validly issued and binding obligations of Transamerica Financial Life Insurance Company.

• Each owner of an Annuity Contract will not be subject to any deductions, charges, or assessments imposed by NYLIAC, other than those provided in the Annuity Contracts.

• The Annuity Contracts have been duly authorized by NYLIAC and, when sold in jurisdictions authorizing such sales, in accordance with the Registration Statement, will constitute validly issued and binding obligations of NYLIAC in accordance with their terms.

• The Individual Variable Annuity Contracts have been duly authorized by Western Reserve Life Assurance Co. of Ohio and, when sold in jurisdictions authorizing such sales, in accordance with and when issued as contemplated by said Form N-4 Registration Statement, will constitute validly issued and binding obligations of Western Reserve Life Assurance Co. of Ohio in accordance with their terms.

More Definitions of Annuity Contracts

Annuity Contracts means the non-transferable annuity contracts, if any, as defined in Code section 403(b), selected by Brandeis to which contributions under the Plan may be made. The provisions of each Annuity Contract are hereby incorporated by reference into the Plan to the extent not inconsistent with the provisions of the Plan.

Annuity Contracts means an insurance contract typically between an insured and a life insurance company in which the insurance company makes a series of regularly spaced payments to the annuitant during the specified start date until the annuitant’s death in return for a paid in premium or premiums. As used herein, Annuity Contracts include individual annuities, individual single premium income annuities, variable annuities, and similar or derivative assets. Generally, individual annuities and individual single premium income annuities are deemed to be insurance products and therefore not “securities.” Variable annuities and derivative products are generally deemed to be “securities.”

Annuity Contracts means all policies described on Schedule 3.8(a) attached hereto. Annuity Contracts as used in this Agreement is intended to refer to all single premium deferred annuity policies, flexible premium deferred annuity policies, single premium immediate annuity policies, supplementary contracts and guaranteed investment contracts included in the Annuity Business which are in-force as of the Closing Ledger Date, as well as any riders providing for other supplemental benefits, and all supplements, endorsements, riders and ancillary agreements in connection therewith and specifically includes without limitation (i) all lapsed Annuity Contracts that are reinstated and (ii) any supplemental benefits arising out of the Annuity Contracts. Notwithstanding anything to the contrary in this Agreement, "Annuity Contracts" shall not include (i) any policy for which the reserves or applicable premiums are not actually transferred to Purchaser, (ii) any policy not described in Schedule 3.8(b) attached hereto, (iii) Annuity Contracts issued on or prior to April 1, 1978, (iv) single premium immediate annuities and supplementary contracts involving life contingencies, (v) universal life flexible premium deferred annuity riders, (vi) annuity policies assumed by Seller from Aristar Life Insurance Company and (vii) if the Oxford Put is implemented pursuant to Section 5.10 hereof, the Oxford Annuity Contracts. For purposes of the representations and warranties of Seller set forth in Article 3 hereof, the term "Annuity Contracts" shall be deemed to include policies described on Schedule 3.8(a) attached hereto sold after the Closing Ledger Date and on or prior to the Closing Date or which terminated after the Closing Ledger Date and on or prior to the Closing Date.

Annuity Contracts means the following annuity contract(s) purchased and solely owned by the Bank:

Annuity Contracts means an annuity contract, either fixed and/or variable, issued by a provider under the Plan.

Annuity Contracts means, collectively, the annuity contracts issued by insurance companies with respect to particular Participants in the Plan and Xxxxxxxx which have been contributed to the Trust by the Company and are still held in the Trust Fund.

Annuity Contracts shall not include (i) any policy for which the reserves or applicable premiums are not actually transferred to Purchaser, (ii) any policy not described in Schedule 3.8(b) attached hereto, (iii) Annuity Contracts issued on or prior to April 1, 1978, (iv) single premium immediate annuities and supplementary contracts involving life contingencies which are not ceded to Oxford Life Insurance Company or Lincoln National Reinsurance Company Limited, (v) universal life flexible premium deferred annuity riders, and (vi) annuity policies assumed by Seller from Aristar Life Insurance Company. "