Covered Life Amount means an amount that is specified in the Annuity Exhibits for your Annuity Form as the “Covered Life Amount.”
Covered Life Amount means an amount that is specified in the Table of Information. Method of Payment: We will make all payments in U.S. dollars. Payees may elect to receive payments either by check or by direct deposit to a bank or other financial institution chosen by the Payee. Checks are mailed to the last known address for the Payee as shown on our records. Direct deposit may be selected only by using a form supplied for such purpose. By written notice, a Payee may request a change of the mailing address we use for payments by check. By using a form we supply, a Payee may change the bank or other financial institution receiving direct payments. Payees must deliver these items to Prudential as described below under "Correspondence." We may change these procedures by sending a letter to the Payee. We will use the address last shown on our records.
Covered Life Amount means an amount that is specified in the Table of Information.
Examples of Covered Life Amount in a sentence
During your lifetime, we will make monthly payments to you equal to your Covered Life Amount.
On the effective date of the conversion, we will reduce the Covered Life Amount.
The first number is the Covered Life Amount payable to you pursuant to the foregoing paragraph.
If the number payment made is less than such Guaranteed Number of Payments, then we will pay the Covered Life Amount to the designated Beneficiary for your Annuity Form.
We will make monthly payments to you equal to your Covered Life Amount.
More Definitions of Covered Life Amount
Covered Life Amount equals an amount that depends on whether you are younger or older than sixty-two years and one month (“62 + 1”). If you are younger than 62+1, the Covered Life Amount equals the “Pre-62+1 Pension Amount” specified in the Annuity Exhibit for such Covered Life. If you are older than 62+1, the Covered Life Amount equals the “Post-62+1 Pension Amount” amount specified in the Annuity Exhibit for such Covered Life. If you have a Special Benefit Rider (as specified in the Annuity Exhibits), then the “Covered Life Amount” will be increased after your sixty-fifth (65th) birthday. The increase will start on the first day of the month after your 65th birthday. If your 65th birthday falls on the first day of a month, the increase will start on that day. The amount of the increase will be the amount specified as the “Special Benefit” in the Annuity Exhibits. During your lifetime, your Contingent Life will not receive the benefits of any Special Benefit Rider that he or she may have. Such benefits start after your death. If you have a Level Benefit Rider (as specified in the Annuity Exhibits), then the “Covered Life Amount” will be increased by Three Hundred Dollars ($300.000) after your sixty-fifth (65th) birthday. The increase will start on first day of the month after your 65th birthday. If your 65th birthday falls on the first day of a month, the increase will start on that day. During your lifetime, we do not owe your Contingent Life any benefits under the Level Benefit Rider. If your Contingent Life has a Level Benefit rider, we only owe the related payments after you die. If a portion of your Pre 62+1 Covered Life Amount is attributable to “Disability Temporary Benefits” as specified in the Annuity Exhibits, then the following applies. You may be eligible to receive social security disability benefits from the Federal Government. In any month that you receive such benefits before you reach 62+1, we do not owe you such Disability Temporary Amount and we may deduct any overpayments made to you.
Covered Life Amount means the amount that is specified as the “Covered Life Amount” for the relevant Covered Life in the Annuity Exhibits, as amended from time to time[, or the amount determined in accordance with Section 2.3 and Section 2.4]. [“Data Feed Information” means the data or other information that the Contractholder agrees to provide to the Company on and after the Effective Date and consists of the following: For each Deferred Covered Life who, as of the Effective Date, is not Early Retirement Eligible, the Contractholder will provide to the Company the hours of service, involuntary separation status, long-term disability status, rehire status, and Date of Termination (A) on a periodic basis for all Deferred Covered Lives who remain employed by the Contractholder or an Affiliated Employer and (B) with respect to any such Deferred Covered Life who terminates employment, as soon as reasonably practicable following the Date of Termination. The Contractholder agrees to provide to the Company confirmation as to whether a Deferred Covered Life was employed at the time of death by the Contractholder or an Affiliated Employer.] [“Data Finalization Amendment Date” means the Amendment Date, if any, on which the Annuity Exhibits or any supplements thereto are attached to this Contract reflecting the data as of the Data Finalization Date and, if applicable, the related Contribution Adjustment Amount is paid.] [“Data Finalization Date” means [●] or such other date as may be determined by mutual writtenconsent of the Contractholder and the Company.][“Date of Last Certain Payment” means the date specified in the Annuity Exhibits for the applicable Covered Life’s Annuity Form as the “Date of Last Certain Payment.”] [“Date of Termination” means the date so shown for an Deferred Covered Life on the Annuity Exhibits or, if “Not Applicable” is specified for an Deferred Covered Life on the Annuity Exhibits, the most recent date on which such Deferred Covered Life terminates employment with the Contractholder and all Affiliated Employers, which the Contractholder shall provide to the Company in accordance with the definition of Data Feed Information.] [“Dedicated Account” means the [ABC Plan Separate Account] of the Company. This separate account will only hold assets supporting the payment obligations of the Company under this Contract. After a Small Account Conversion in accordance with Section 1.11, the assets of this separate account may be transferred to the Commingled Account.] [...
Covered Life Amount means an amount that is specified in the Annuity Exhibits for the Covered Life’s Annuity Form as the “Covered Life Amount.”[“Dedicated Account” means the [ABC Plan Separate Account] of Athene. This separate account will only hold assets supporting the payment obligations of Athene under this Contract. After a Small Account Conversion in accordance with Section 1.11, the assets of this separate account may be transferred to the Commingled Account.]
Covered Life Amount equals an amount that depends on whether you are younger or older than sixty-two years and one month (“62 + 1”). "Sixty-two years and one month (62+1)" means the first of the month coincident with or next following the date that the Covered Life turns age 62 and one month. However, a Covered Life who is born on the second day of the month will be treated as if he or she were born on the first day of such month. If you are younger than 62+1, the Covered Life Amount equals the “Pre-62+1 Pension Amount” specified in the Annuity Exhibit for such Covered Life. If you are older than 62+1, the Covered Life Amount equals the “Post-62+1 Pension Amount” amount specified in the Annuity Exhibit for such Covered Life. If you have a Special Benefit Rider (as specified in the Annuity Exhibits), then the “Covered Life Amount” will be increased after your sixty-fifth (65th) birthday. The increase will start on the later of the Annuity Commencement Date and the first day of the month in which you attain age 65. However, if your 65th birthday falls on the first of a month, the increase will start on the later of the Annuity Commencement Date and the first day of the month before the month in which you attain age 65. The amount of the increase will be the amount specified as the “Special Benefit Amount” in the Annuity Exhibits. During your lifetime, your Contingent Life will not receive the benefits of any Special Benefit Rider that he or she may have. Such benefits start after your death. If you have a Level Benefit Rider (as specified in the Annuity Exhibits), then the “Covered Life Amount” will be increased. The increase will start on the later of the Annuity Commencement Date and the first day of the month in which you attain age 65. However, if your 65th birthday falls on the first of a month, the increase will start on the later of the Annuity Commencement Date and the first day of the month before the month in which you attain age 65. The amount of the increase will be the amount specified as the “Level Benefit Amount” in the Annuity Exhibits. During your lifetime, we do not owe your Contingent Life any benefits under the Level Benefit Rider. If your Contingent Life has a Level Benefit rider, we only owe the related payments after you die. If a portion of your Pre 62+1 Covered Life Amount is attributable to “Disability Temporary Amount” as specified in the Annuity Exhibits, then the following applies. You may be eligible to receive social security disability benefits f...
Covered Life Amount means an amount that is specified in the Annuity Exhibits for your Annuity Form as the “Covered Life Amount.” 20
Covered Life Amount means an amount that is specified in the Annuity Exhibits for the Covered Life’s Annuity Form as the “Covered Life Amount.” “Data Finalization Date” means MM DD, YYYY or such other date as may be determined by mutual written consent of the Contract-Holder and Prudential.
Covered Life Amount means an amount that is specified in the Annuity Exhibits for the Covered Life’s Annuity Form as the “Covered Life Amount.” [***] Confidential Treatment Requested Confidential portion omitted and filed separately with the Commission REDACTED VERSION “Data Finalization Date” means [ *** ] or such other date as may be determined by mutual written consent of the Contract-Holder and Prudential.