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

• On the Business Day immediately following the day on which the Post-Closing Schedule is finally determined pursuant to the terms of Section 2.7 of this Agreement (the "Final Settlement Date"), the Estimated Transfer Amount shall be recalculated using the amounts reflected in the final Post-Closing Schedule (the "Final Transfer Amount").

• If the Estimated Transfer Amount exceeds the Final Transfer Amount, Purchaser shall refund the difference to Seller by wire transfer in immediately available funds to an account designated in writing by Seller ("Seller's Account").

• If the Final Transfer Amount exceeds the Estimated Transfer Amount, Seller shall pay the difference to Purchaser by wire transfer in immediately available funds to Purchaser's Account.

• The Pro-Rata Adjustment shall be included as part of the calculation of the Estimated Transfer Amount and the Final Transfer Amount as provided for in this Agreement.

• The aggregate net amount of such proration shall result in an adjustment (the “Pro-Rata Adjustment”) in the calculation of the Estimated Transfer Amount and the Final Transfer Amount as provided for in Section 3.02 and Section 3.04, respectively.

More Definitions of Final Transfer Amount

Final Transfer Amount has the meaning set forth in Section 5.2(b).

Final Transfer Amount has the meaning set out in the Pension Plan and Employee Benefit Plan Agreement.

Final Transfer Amount the Unadjusted Transfer Amount relating to Transferring Members adjusted in accordance with the Actuary's Letter in respect of the period from the Completion Date to the Payment Date;

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 means the Basic Transfer Amount adjusted in accordance with the Actuary's Letter from the Completion Date to the Payment Date;

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;