Annuity Provider definition

Annuity Provider means the issuer of any Annuity Contract.
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Annuity Provider means, with respect to any Annuity Receivable, the related Assignable Annuity Provider, and with respect to any Settlement Receivable, the related Settlement Annuity Provider.
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Annuity Provider means the person who is obliged to make payments to an annuity holder under a contract to pay an annuity on human life;
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Examples of Annuity Provider in a sentence

  • In the case of an Annuity Contract that provides additional benefits, to the extent required under the Code, such term also will include the actuarial value of the Participant's vested interest in such other benefits as determined by the Annuity Provider.

  • Annuity Provider information As InvestAcc is not an annuity provider you will need to tell us which company will be providing your annuity.

  • With respect to each Receivable, the Seller has delivered a copy of the Transfer Order to the related Settlement Annuity Provider and related Obligor, in each case directing such Settlement Annuity Provider or Obligor (as applicable) to make all Scheduled Payments with respect to such Receivable to the order of the Purchaser at the Lockbox Account.

  • The Seller will not instruct any Obligor or Settlement Annuity Provider to remit, or consent to any applicable Claimant’s or Obligor’s instructions to remit or remittance of, Collections to any Person, address or account other than the Lockbox Account or the Collection Account.

  • The Receivables sold under this Agreement have not been adversely selected based on the credit quality of the relevant Settlement Annuity Provider or Obligor, as applicable, the health and medical characteristics of the relevant Referenced Settlement Recipient, the likelihood of payment of such Receivable, or on any other adverse selection criteria.

  • The Lifelong Learning and Community Development Division was established following an extensive process of review and reorganisation and was comprised of Children’s, Youth, Adult Learning Services and Community Development.

  • No Master Servicer shall instruct any Annuity Provider or other Obligor to remit, or consent to any applicable Claimant's, Annuity Provider's or other Obligor's instructions to remit or remittance of, Collections to any Person, address or account other than a Lock-Box Account, the related lock-box, or the Series Collection Account for the Series to which such Collections relate.

  • As per the revision of pay of executives of CIL with effect from 01-01-2007, the employer’s contribution to Superannuation Benefits @ 9.84% of Basic pay and Dearness Allowance is to be remitted to Annuity Provider through a trust.

  • The Annuity Cost shall be the product of (x) 1.02 times (y) the price quote of the Named Annuity Provider that represents the median of the price quotes obtained from the Named Annuity Providers; provided that in no event shall the Annuity Cost exceed the highest price quote obtained from the Named Annuity Providers.

  • In exchange for your pension funds, you will receive a secured income from the Annuity Provider for the rest of your life.


More Definitions of Annuity Provider

Annuity Provider means the purchaser of any Annuity Contract.
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Related to Annuity Provider

  • Policy Provider means MBIA Insurance Corporation, or any successor thereto.

  • Security Provider means a person which, in accordance with the provisions of this Agreement, provides or is to provide any guarantee or other surety or security in respect of that Party’s obligations under this Agreement;

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • Third Party Provider means licensors, subcontractors and suppliers of BNYM furnishing the Third Party Products.

  • School-age child means a minor who is at least six years old but younger than 18 years old and who is not emancipated.

  • Annuity Contract means a contract under which the issuer agrees to make payments for a period of time determined in whole or in part by reference to the life expectancy of one or more individuals. The term also includes a contract that is considered to be an Annuity Contract in accordance with the law, regulation, or practice of the jurisdiction in which the contract was issued, and under which the issuer agrees to make payments for a term of years.

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • ANNUITY DATE The date on which Annuity Payments begin. The Annuity Date is shown on the Contract Schedule. ANNUITY OPTIONS: Options available for Annuity Payments.

  • Annuity issuer means an insurer that has issued a contract to fund periodic payments under a structured settlement.

  • Non-Participating Durable Medical Equipment Provider means a Durable Medical Equipment Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • New Provider means any replacement service provider or providers engaged to provide the Services (or part thereof) or substantially similar services or the Authority itself where the Services or substantially similar services or part thereof continue to be provided by the Authority after partial termination, termination or expiry of this Contract;

  • Preschool age child means a child age three through five not yet attending kindergarten. If a child is older than age five and not attending kindergarten or a higher grade, OCCL considers that child in the preschool-age group.

  • Annuity reserve means the present value, computed upon the basis of the mortality and other tables adopted by the board, of all payments to be made on account of any annuity, or benefit in lieu of any annuity, granted to a retirant as provided in this chapter.

  • Joint Account Holder means a person in whose name a Joint Account is maintained;

  • Insurance Provider s Tender” means the completed Tendering Document submitted by the Insurance Provider to the Procuring Entity

  • Alternate Payee means a spouse, former spouse, child, or other dependent of a participant, who is designated to be paid retirement benefits in a qualified domestic relations order;

  • Non-Participating Provider means an Administrator Hospital or Professional Provider which does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to participants in the Participating Provider Option program or a facility which has not been designated by the Claim Administrator as a Participating Provider.

  • Annuities means all agreements to make periodical payments for a period certain or where the making or continuance of all or some of a series of such payments, or the amount of any such payment, depends upon the continuance of human life, except payments made under the authority of paragraph one hereof. Amounts paid the insurer to provide annuities and proceeds applied under optional modes of settlement or under dividend options may be allocated by the insurer to one or more separate accounts pursuant to section four thousand two hundred forty of this chapter.

  • Annuity Starting Date means, with respect to any Participant, the first day of the first period for which an amount is paid as an annuity, or, in the case of a benefit not payable in the form of an annuity, the first day on which all events have occurred which entitles the Participant to such benefit.

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Participating Durable Medical Equipment Provider means a Durable Medical Equipment Provider who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • Joint Annuitant means the one person that a retired member who has elected an optional

  • QDRO means a qualified domestic relations order as defined in Section 414(p) of the Code or Title I, Section 206(d)(3) of ERISA (to the same extent as if this Plan were subject thereto), or the applicable rules thereunder.

  • Credit Enhancement Provider means, with respect to any Securities, any person issuing, funding or otherwise making available, for the benefit of Securityholders or any party to a Serviced Corporate Trust Contract, an asset as an enhancement of the credit quality or liquidity of any Securities or the mortgage assets or other assets pledged for or underlying such Securities, such as a letter of credit, surety bond, insurance policy, guaranty, reserve fund pledge or collateral undertaking.

  • Account Information Service Provider means a payment service provider pursuing business activities as referred to in point (8) of Annex I;