General Account Assets definition

General Account Assets means, collectively, the Non-NY General Account Assets and the NY General Account Assets.
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General Account Assets means the Eligible Assets supporting the General Account Liabilities, including outstanding policy loans.
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General Account Assets. The assets of a Noteholder that is an insurance company, other than assets allocated to a "separate account" (as defined in ERISA) maintained by such insurance company.
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Examples of General Account Assets in a sentence

  • The Cedant shall allocate General Account Assets to the General Account Modco Account which comply with this General Account Modco Account Investment Guidelines Schedule.

  • The Cedant shall own and control all General Account Assets and Separate Accounts Assets in the Modco Accounts.

  • No purchase shall cause more than [*]% of the General Account Assets (excluding outstanding policy loans) to be invested in the [*].

  • No purchase shall cause more than [*]% of the General Account Assets (excluding outstanding policy loans) to be invested in any [*].

  • The following is the formula:1 II(GA) * GA Where: GA is the aggregate book value of the General Account Assets excluding outstanding policy loans II (GA) is I is the net investment income CG is capital gains less capital losses [*] X is the current year cash and invested assets plus investment income due and accrued less borrowed money Y is the same as X but for the prior year 1 Note to Draft: To be based on Cedant’s reporting with respect to the General Account Modco Account.

  • No purchase shall cause more than 12.5% of the General Account Assets (excluding outstanding policy loans) to be invested in the Financial Institutions sector within Barclay’s industry definitions (Banking, Brokerage, Asset Managers, Exchanges, Finance Companies, Insurance, REITS and Other Financial).

  • As consideration for the reinsurance provided hereunder, on the Closing Date, in accordance with the Estimated BST VL Modco Settlement Statement, and any adjustment in accordance with Sections 2.5 and 2.6 of the Master Agreement, the Cedant shall allocate (a) the General Account Assets to the General Account Modco Account, and (b) the Separate Accounts Assets to the Separate Accounts Modco Account.

  • No purchase shall cause more than 25% of the General Account Assets (excluding outstanding policy loans) to be invested in any major industry group category as categorized in the Barclay’s Class 3 industry definitions.

  • SCHEDULE 6.1(a) Reserve Interest Rate Adjustment Formula The associated formula for determining the reserve interest rate adjustment must use a formula which reflects the Cedant’s investment earnings on the General Account Assets (excluding policy loans) and incorporates all realized and unrealized gains and losses reflected in the statutory statement.

  • The Reinsurer shall manage the General Account Assets, and the Company shall take all steps necessary to effectuate all trading and other decisions made with respect to the General Account Assets, include (subject to any restrictions in the KILICO Agreement or KILICO Security Trust) the creation or arrangement of separate custodial accounts or sub-accounts within the KILICO Security Trust.


More Definitions of General Account Assets

General Account Assets means (a) with respect to the Indirect Business, those assets within the KILICO Security Trust which, at the Closing Date, identified in Exhibit C; (b) with respect to the Direct Business, those assets which, at the Closing Date are identified in Exhibit C; and (c) investment income due and accrued. For avoidance of doubt, (a) the list General Account Assets is subject to change after the Closing Date pursuant to Reinsurer’s management of such assets as provided In Section 2.2. and (b) General Account Assets at all times shall include Policy loans and contract loans.
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Related to General Account Assets

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

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

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Project Accounts means accounts referred to in and required to be established under the Senior Funding Agreements;

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

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

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Holding Account means an account: