Final Transfer Amount definition

Final Transfer Amount has the meaning set forth in Section 3.03(a).
Final Transfer Amount is defined in Section 2.8.
Final Transfer Amount means the amount of the Policy-Related Liabilities as of the Effective Time less the amount of the Policy-Related Assets as of the Effective Time, as set forth on the True-Up Accounting.

Examples of Final Transfer Amount in a sentence

  • I feel that being an insider to the system helped in containing this danger by knowing the participants and having a level of understanding on how the administrative system operates.

  • The prediction interval is a range that contains the predicted value for an open case with a certain probability given what is observed in the training data.

  • If the Final Transfer Amount is less than the Estimated Transfer Amount, then HRB Bank shall pay the difference to Republic.

  • This is best understood in the context of Schedule 6, which sets out in chronological order what the Trustee must do as regards the assets, which includes creating the Estimated Final Transfer Amount Portfolio.

  • The “Estimated Final Transfer Amount Portfolio” is a complex concept, requiring specific investments by the Trustee.


More Definitions of Final Transfer Amount

Final Transfer Amount has the meaning set out in the Pension Plan and Employee Benefit Plan Agreement.
Final Transfer Amount has the meaning set forth in Section 5.2(b).
Final Transfer Amount means the amount required to be transferred from the XxXxxxxxx Pension Plan to the B&W Transferee Plan in respect of the assumption by the B&W Transferee Plan of the Transferred Benefit obligations, as determined in accordance with Code Section 414(l) and the regulations thereunder, as appropriately adjusted to reflect the following amounts arising after the Initial Transfer Date and before the True-Up Adjustment: (i) any distributions and contributions made in respect of the B&W Pension Beneficiaries; (ii) administrative expenses of the XxXxxxxxx Pension Plan reasonably allocable to the B&W Pension Beneficiaries; (iii) the net gain or loss (realized and unrealized) of the XxXxxxxxx Pension Plan allocable to the B&W Pension Beneficiaries; (iv) changes in the census data from January 1, 2009 through the Initial Transfer Date; and (v) other appropriate items. Promptly upon determination of the Final Transfer Amount, MI shall cause the MI Actuary to provide to B&W a written statement of the Final Transfer Amount, a summary of the calculation of such amount and a written statement that the sum of the Initial Transfer Amount and the True-Up Adjustment satisfies the requirements of Code Section 414(l). MI and B&W shall use commercially reasonable efforts to cause the determination of the Final Transfer Amount and the True-Up Adjustment to be completed as promptly as practicable, subject to the time frames established herein, but in no event later than December 31, 2010.
Final Transfer Amount means, in relation to the TRW Canadian Salaried Pension Plan, the Regulatory Amount adjusted for (i) a proportionate share of the fund rate of return (positive or negative) earned by the TRW Canadian Salaried Pension Plan from the Closing Date to the Transfer Date, (ii) any data corrections identified subsequent to the determination of the Canadian Salaried Affected Employee Liabilities, (iii) any benefit payments paid pursuant to Section 6.8(f)(ii), and (iv) all fees and expenses relating to the Canadian Salaried Affected Employee Liabilities between the Closing Date and the Transfer Date. TRW shall make the details of these calculations and their results available to the Buyer and its actuary for their review and confirmation, and shall furnish to them such other information and data as may reasonably be required or requested to permit a review, recalculation and confirmation of the Final Transfer Amount by the Buyer and its actuary. The Buyer shall notify TRW within thirty (30) days of receiving such information and data as to its agreement or disagreement with TRW’s calculation of the Final Transfer Amount.
Final Transfer Amount shall have the meaning given in Section 2.7;
Final Transfer Amount means, in relation to each Vendor's Retained Pension Plan, the Regulatory Amount adjusted for (i) investment returns (positive or negative) on the Regulatory Amount from the Closing Date to the Transfer Date, (ii) any data corrections identified subsequent to the determination of the Member Liabilities, (iii) any benefit payments paid pursuant to Section 2.6, and (iv) a proportionate share of all fees and expenses in respect of ongoing administration charged to the Vendor's Pension Fund between the Closing Date and the Transfer Date. The Vendor shall make the details of these calculations and their results available to the Purchaser and its actuary for their review and confirmation, and shall furnish to them such other information and data as may reasonably be required or requested to permit a review, recalculation and confirmation of the Final Transfer Amount by the Purchaser and its actuary. The Purchaser shall notify the Vendors within thirty (30) days of receiving such information and data as to its agreement or disagreement with the Vendor's calculation of the Final Transfer Amount.