ASSUMED INVESTMENT definition

ASSUMED INVESTMENT. RATE The Assumed Investment Rate is 4.5% per year. We use this rate to determine the first payment under Variable Payment Annuity Options I, J, K, M and N. Future payment amounts under these options will depend on the relationship between the Assumed Investment Rate and the actual investment performance of each Subaccount as reflected in the Subaccount's Annuity Unit Value. The Assumed Investment Rate is the net annual investment return that will need to be earned by each Subaccount of the Separate Account for there to be no reduction in the amount of the monthly payments under these options. BENEFICIARY The individual(s) or entity(s) designated by the Owner at the time this contract is issued, or as later changed.
ASSUMED INVESTMENT. RATE The Assumed Investment Rate is 4.5% per year. We use this rate to determine the first payment under Variable Payment Annuity Options I, J, K, M and N. Future payment amounts under these options will depend on the relationship between the Assumed Investment Rate and the actual investment performance of each Subaccount as reflected in the Subaccount's Annuity Unit Value. The Assumed Investment Rate is the annual investment return that will need to be earned by each Subaccount of the Separate Account for there to be no reduction in the amount of the monthly payments under these options. CONTRACT ANNIVERSARY The same date each year as the Contract Date. CONTRACT DATE The Contract Date shown on the Schedule Page. It is the date from which Contract Years and anniversaries are measured. CONTRACT VALUE The sum of the values under a Contract of all Accumulation Units held in the Subaccounts and the Adjusted Premium Payments held in the Guaranteed Interest Account.
ASSUMED INVESTMENT. RATE The Assumed Investment Rate is 4.5% per year. We use this rate to determine the first payment under Variable Payment Annuity Options I, J, K, M and N. Future payment amounts under these options will depend on the relationship between the Assumed Investment Rate and the actual investment performance of each Subaccount as reflected in the Subaccount's Annuity Unit Value. The Assumed Investment Rate is the net annual investment return that will need to be earned by each Subaccount of the Separate Account for there to be no reduction in the amount of the monthly payments under these options. BENEFICIARY The individual(s) or entity(s) designated by the Owner as shown on the Schedule Page, or as later changed. CONTRACT ANNIVERSARY The same date each year as the Contract Date. CONTRACT DATE The Contract Date shown on the Schedule Page. It is the date from which Contract Years and Contract Anniversaries are measured. CONTRACT VALUE The sum of the values under the contract of all Accumulation Units held in the Subaccounts. CONTRACT YEAR The first Contract Year is the one-year period from the Contract Date. Following Contract Years run from one Contract Anniversary to the next. FIXED PAYMENT ANNUITY An annuity providing payments which do not vary in amount after the first payment is made. MATURITY DATE The date annuity payments commence in the form of an annuity payment option. The Maturity Date may not be earlier than the first Contract Anniversary. Unless we agree otherwise, the maximum Maturity Date is the later of the Contract Anniversary nearest the younger Annuitant's 95th birthday or ten years from the Contract Date.

Examples of ASSUMED INVESTMENT in a sentence

  • ASSUMED INVESTMENT RETURN ("AIR") - The investment return upon which the variable annuity payments in this contract will be based.

  • ASSUMED INVESTMENT RETURN - The investment return upon which the variable annuity payments in this contract will be based.

  • ASSUMED INVESTMENT RETURN ("AIR") The annual investment return used to determine the initial variable Annuity Payment under this contract.

  • The age setback is as follows: DATE OF FIRST PAYMENT AGE SETBACK [Prior to 2005 1 year 2005 - 2014 2 years 2015 - 2019 3 years 2020 - 2029 4 years 2030 - 2039 5 years 2040 or later 6 years] ANNUITY TABLES FOR FIXED PAYMENTS, BASED ON A 2 1/2% ASSUMED INVESTMENT RETURN AMOUNT OF FIRST MONTHLY PAYMENT FOR EACH $1,000 APPLIED Fixed Dollar Annuity payments will not vary and are guaranteed as to fixed dollar amount.

  • The majority of the very elderly Corona victims had lived in old people's homes, where, as the head of the health department and chief virologist Anders Teg- nell admitted, protection had not been sufficiently successful.Patrick Plaga explained that Anders Tegnell, who had already acted in the same capacity in the context of swine flu, had consistently taken care to communicate reassuringly with the population.

  • FRM ANNUITY TABLES FOR VARIABLE PAYMENTS, BASED ON A [5%] ASSUMED INVESTMENT RETURN AMOUNT OF FIRST MONTHLY PAYMENT FOR EACH $1,000 APPLIED Second and subsequent annuity payments under a variable annuity are based on the investment experience of a Separate Account and are not guaranteed as to fixed dollar amount.

  • DEFINITION OF ASSUMED INVESTMENT RETURN ("AIR") - The investment return CERTAIN TERMS upon which the variable Annuity payments in this contract (CONTINUED) will be based.

  • OF MONTHLY YEARS PAYMENTS YEARS PAYMENTS YEARS PAYMENTS --- ------------------------------------------------------------------------------------------------- 20 $7.04 25 $6.32 30 $5.87 21 6.86 26 6.21 22 6.70 27 6.11 23 6.56 28 6.02 24 6.43 29 5.94 ANNUITY TABLES FOR VARIABLE PAYMENTS, BASED ON A 3% ASSUMED INVESTMENT RETURN AMOUNT OF FIRST MONTHLY PAYMENT FOR EACH $1,000 APPLIED Fixed Dollar Annuity payments will not vary and are guaranteed as to fixed dollar amount.

  • VARIABLE PAYMENT OPTIONS BASED ON ASSUMED INVESTMENT RETURN The amounts shown in these tables are the initial payment amounts based on a 5.0% Assumed Investment Return for each $1,000 of the proceeds.

  • Article 19 Rome Statute: (1) „The Court shall satisfy itself that it has jurisdiction in any case brought before it.


More Definitions of ASSUMED INVESTMENT

ASSUMED INVESTMENT. RATE The Assumed Investment Rate is 4.5% per year. We use this rate to determine the first payment under Variable Annuity Payment Options I, J, K, M and N. Future payment amounts under these options will depend on the relationship between the Assumed Investment Rate and the actual investment performance of each Subaccount as reflected in the Subaccount's Annuity Unit Value. The Assumed Investment Rate is the net annual investment return that will need to be earned by each Subaccount of the Separate Account for there to be no reduction in the amount of the monthly payments under these options.
ASSUMED INVESTMENT. RATE The Assumed Investment Rate is 4.5% per year. We use this rate to determine the first payment under Variable Payment Annuity Options I, J, K, M and N. Future payment amounts under these options will depend on the relationship between the Assumed Investment Rate and the actual investment performance of each Subaccount as reflected in the Subaccount's Annuity Unit Value. The Assumed Investment Rate is the annual investment return that will need to be earned by each Subaccount of the Separate Account for there to be no reduction in the amount of the monthly payments under these options. BONUS PAYMENT An amount that We will credit to the Contract Value at the time of each premium payment. The amount of Bonus Payment is calculated as a percentage of each premium payment as shown on the Schedule Page. CONTRACT ANNIVERSARY The same date each year as the Contract Date. CONTRACT DATE The Contract Date shown on the Schedule Page. It is the date from which Contract Years and anniversaries are measured. CONTRACT VALUE The sum of the values under a Contract of all Accumulation Units held in the Subaccounts and the Adjusted Premium Payments held in the Guaranteed Interest Account.
ASSUMED INVESTMENT. RATE The investment rate upon which we base variable (AIR) Annuity Payments.
ASSUMED INVESTMENT. RATE The investment rate upon which we base variable (AIR) Annuity Payments. L40530 5 ------------------------------------------------------------------------------ DEFINITIONS (CONTINUED) ------------------------------------------------------------------------------ AUTHORIZED REQUEST A request that is received by the Service Center in good order (that is, in a form that is satisfactory to the Company). BENEFICIARY The designated person(s) or entity(ies) to whom we will pay the death benefit under this contract. You name the Beneficiary(ies) at issue. You may later change the Beneficiary(ies) by Authorized Request as described in the Change of Beneficiary provision of this contract. For jointly owned contracts, the surviving Joint Owner is the sole primary Beneficiary. Spousal Joint Owners may also name contingent Beneficiaries. For tax reasons, non-spousal Joint Owners cannot name contingent Beneficiaries. BONUS VALUE The Bonus Value for any Business Day is equal to the dollar value accumulated in the Investment Choices excluding amounts applied to Annuity Payments. The Bonus Value includes unvested bonus amounts. BUSINESS DAY Each day on which the New York Stock Exchange is open for trading, except when an Investment Option does not value its shares. Our Business Day closes when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time. We will process any instructions received after the close of any Business Day on the next Business Day. CONTRACT ANNIVERSARY A 12-month anniversary of the Issue Date of this contract.
ASSUMED INVESTMENT. RATE The interest rate assumed in determining the First Monthly Payment Rates for variable annuities.
ASSUMED INVESTMENT. RATE The investment rate upon which we base variable Traditional Annuity Payments. (AIR) L40528 4 ------------------------------------------------------------------------------ DEFINITIONS (CONTINUED) ------------------------------------------------------------------------------ AUTHORIZED REQUEST A request that is received by the Service Center in good order (that is, in a form that is satisfactory to the Company). BENEFICIARY The person(s) or entity(ies) designated by the Owner to whom we will pay the death benefit under this contract. The Beneficiary is named at issue, but may be later changed with an Authorized Request as described in the Change of Beneficiary provision of this contract. Upon the death of a Joint Owner, the surviving Joint Owner becomes the Beneficiary and their rights take precedence over any primary and contingent Beneficiary(ies) previously named. BUSINESS DAY Each day on which the New York Stock Exchange is open for trading, except when an Investment Option does not value its shares. Our Business Day closes when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time. We will process any instructions received after the close of any Business Day on the next Business Day. CONTRACT ANNIVERSARY A 12-month anniversary of the Issue Date of this contract.

Related to ASSUMED INVESTMENT

  • Approved Investment means any type of security, instrument, participation or interest in property, as set forth on Schedule I hereto (which may be amended from time to time by execution of a revised Schedule I, I-A or I-B) in which Cash Collateral may be invested or reinvested by Bank in accordance with Paragraph 2 of Article IV hereof.

  • covered investment means, with respect to a Party, an investment in its territory of an investor of the other Party in existence as of the date of entry into force of this Agreement or established, acquired or expanded thereafter and which has been admitted by the latter Party in accordance with its laws, regulations and policies;

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

  • Qualified investment has the meaning set forth in Section 313.021(1) of the TEXAS TAX CODE, as interpreted by the Comptroller’s Rules.

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Widely Held Fixed Investment Trust as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions.

  • Qualified Investments means any and all securities, obligations or accounts in which municipalities may invest their funds under applicable Maine law.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Specified Investments means (a) direct obligations of the United States of America or obligations fully guaranteed by the United States of America; (b) commercial paper rated A-1/P-1 by S&P and Moody's, respectively or, if such ratings are unavailable, rated by any nationally recognized rating organization in the United States equal to the highest rating assigned by such rating organization; (c) investments in negotiable certificates of deposit, time deposits, banker's acceptances, commercial paper or other direct obligations of, or obligations guaranteed by, commercial banks organized under the laws of the United States or of any political subdivision thereof (or any U.S. branch of a foreign bank) with issuer ratings of at least B/C by Thomson Bankwatch, having maturities no later than 90 days following the date of such investment; (d) overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers; or (e) overnight repurchase agreements with respect to the securities described in clause (a) above entered into with an office of a bank or trust company which is located in the United States of America or any bank or trust company which is organized under the laws of the United States or any state thereof and has capital, surplus and undivided profits aggregating at least $500 million. SSB. State Street Bank and Trust Company of Connecticut, National Association, a national banking association or any successor Owner Trustee in its individual capacity.

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

  • Investment Related Property means: (i) all “investment property” (as such term is defined in Article 9 of the UCC) and (ii) all of the following (regardless of whether classified as investment property under the UCC): all Pledged Equity Interests, Pledged Debt, the Investment Accounts and certificates of deposit.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Controlled Investment Affiliate means, as to any Person, any other Person, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Company and/or other companies.

  • Permitted Investments means:

  • Permitted Investors the collective reference to the Sponsor and its Control Investment Affiliates.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Investment Account As defined in Section 3.12(a).

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

  • Investment is any beneficial ownership interest in any Person (including stock, partnership interest or other securities), and any loan, advance or capital contribution to any Person.

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • Permitted Investor means collectively, Energy Capital Partners III, LP, Energy Capital Partners III-A, LP, Energy Capital Partners III-B, LP, Energy Capital Partners III-C, LP, Energy Capital Partners-D, LP, Quantum Strategic Partners and each of their Permitted Transferees (as defined in the Investors Agreement, dated as of March 29, 2018, by and among the Parent and the other signatories thereto).

  • Wholly-Owned Investment Sub means an entity (i) that is wholly-owned8 by a Regulated Fund (with such Regulated Fund at all times holding, beneficially and of record, directly or indirectly, 95% or more of the voting and economic interests); (ii) whose sole business purpose is to hold one or more investments on behalf of such Regulated Fund (and, in the case of a SBIC Subsidiary (defined below), maintain a license under the SBA Act (defined below) and issue debentures guaranteed by the SBA (defined below)); (iii) with respect to which such Regulated Fund’s Board has the sole authority to make all determinations with respect to the entity’s participation under the Conditions to this Application; and that (iv) (A) would be an investment company but for Section 3(c)(1), 3(c)(5)(C), or 3(c)(7) of the Act, (B) relies on Rule 3a-7 under the Act, or (C) qualifies as a REIT within the meaning of Section 856 of the Code because substantially all of its assets would consist of real properties. The term “SBIC Subsidiary” means a Wholly-Owned Investment Sub that is licensed by the Small Business Administration (the “SBA”) to operate under the Small Business Investment Act of 1958, as amended, (the “SBA Act”) as a small business investment company.

  • Investment Client means (i) any investment company registered as such under the Investment Company Act, any series thereof, or any component of such series for which the Adviser acts as investment adviser; or (ii) any private account for which the Adviser acts as investment adviser.

  • regulated investment companies (as defined in Section 851 of the Code), all as from time to time in effect (collectively, the "Policies"), and with all applicable provisions of law, including without limitation all applicable provisions of the Investment Company Act of 1940 (the "1940 Act") and the rules and regulations thereunder. Subject to the foregoing, the Sub-Adviser is authorized, in its discretion and without prior consultation with the Manager, to buy, sell, lend and otherwise trade in any stocks, bonds and other securities and investment instruments on behalf of the Series, without regard to the length of time the securities have been held and the resulting rate of portfolio turnover or any tax considerations; and the majority or the whole of the Series may be invested in such proportions of stocks, bonds, other securities or investment instruments, or cash, as the Sub-Adviser shall determine.