Death Valuation Date definition

Death Valuation Date means the Valuation Date coincident with or next following a Participant’s date of death.
View Source

Examples of Death Valuation Date in a sentence

  • As of the Death Valuation Date in case of the death of the Annuitant prior to the Maturity Date; .

  • The proceeds payable upon the death before the Maturity Date if the Contract has not been surrendered shall be an amount equal to the greater of (a) the Single Purchase Payment, without interest, increased by the value of any existing Accumulation Units resulting from dividends and reduced by the portions of the Single Purchase Payment attributable to any partial surrenders, and (b) the contract value as of the Death Valuation Date.

  • Payment Options becoming operative by application of the surrender proceeds, death proceeds or maturity proceeds shall become operative on the Surrender Date, Death Valuation Date or Maturity Date respectively.

  • The DEATH BENEFIT is the ACCUMULATION VALUE or the premiums paid, minus any partial surrenders, whichever is greater, as of the Death Valuation Date.

Related to Death Valuation Date

  • ST Valuation Date means the Redemption Valuation Date.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • SPS Valuation Date means the SPS Redemption Valuation Date or the Strike Date, as applicable.

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.