GMDB TYPE definition

GMDB TYPE means any one of the Guaranteed Minimum Death Benefits specified in the VARIABLE ANNUITY CONTRACTS and described in Schedule A-1.
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GMDB TYPE means any benefit type listed in Schedule B and payable under a Contract Form reinsured hereunder. "Investment Fund Option" or "Fund" means any Investment Fund Option available under a Contract Form as listed in Schedule C. "Maximum Account Value" or "MAV" means any of the values identified in Schedule B and used in the calculations describing the GMDB Type.
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GMDB TYPE means any benefit type listed in Schedule B and payable under a Contract Form reinsured hereunder.
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Examples of GMDB TYPE in a sentence

  • Note: GMDB TYPE 1 is only available on the Spinnaker Variable Annuity and the Spinnaker Choice Variable Annuity contracts.

  • TO THE EXTENT THAT, DUE TO THE ISSUANCE OF ADDITIONAL DEATH BENEFIT RIDER FORMS NOT LISTED IN SCHEDULE A ON A COVERED CONTRACT, THE ACTUAL GMDB LIABILITY EXCEEDS THE LIABILITY FOR GMDB TYPE 1, SUCH EXCESS SHALL NOT BE COVERED UNDER THIS AGREEMENT.

  • The Annual Ratchet GMDB TYPE, which is described in Schedule A-1, is not covered by this agreement on ANNUITY CONTRACTS issued after December 31, 2005.

  • MONTHLY REINSURANCE PREMIUM RATE means the numerical value provided in Schedule D, for each CONTRACT TYPE and GMDB TYPE.

  • THE GMDB TYPE, WHICH SHALL BE REFERRED TO THROUGHOUT THIS AGREEMENT AS GMDB TYPE 1 IS DESCRIBED IN SCHEDULE B.

  • Note: Only GMDB TYPE 2 on the Spinnaker Choice Variable Annuity contracts are reinsured under this treaty.

  • GMDB TYPE 4 (MAV FOR "2003 GENERATION" CONTRACT FORMS -- ISSUE AGES: 0-75) MN HL-VAMAV703MN LA-VAMAV703MN HL-VAPLUSMAV703MN LA-VAPLUSMAV703MN NY HL-VAMAV03NY HL-VAPLUSMAV03NY WA HL-VAMAV03WA LA-VAMAV03WA HL-VAPLUSMAV03WA LA-VAPLUSMAV03WA GMDB TYPE 5 (MAV ON "CURRENT" CONTRACT FORMS -- ISSUE AGES: 0-75) Death benefit is defined as part of underlying contract form.

  • Existing studies on shared logistics has done a lot of research on information sharing and knowledge sharing in terms of supply chain management, but research from the perspective of shared logistics on physical resource sharing has been limited[11].

  • For Spinnaker Choice Variable Annuity contracts with only GMDB TYPE 2, the Annual REINSURANCE PREMIUM RATE is equal to 25.0 basis points (0.0025).

  • Note: GMDB TYPE 1 is only available on the Spinnaker Variable Annuity and the Spinnaker Plus Variable Annuity contracts.


More Definitions of GMDB TYPE

GMDB TYPE means any one of the Guaranteed Minimum Death Benefits specified in the VARIABLE ANNUITY CONTRACT and described in Schedule A. RETAIL ANNUITY PREMIUMS, after June 30,2000, means contributions made in accordance with the provisions of any VARIABLE ANNUITY CONTRACT by or on behalf of the contract owner, whether referred to as purchase payments, premiums, deposits, or otherwise. For business in force on June 30, 2000, RETAIL ANNUITY PREMIUMS as of that date means the ACCOUNT VALUE on June 30, 2000.
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GMDB TYPE means one of the Guaranteed Minimum Death Benefits specified in Schedule A, applicable to ANNUITY CONTRACTs. ACCOUNT VALUE means for each ACTIVE CONTRACT, the sum of the invested assets in the investment funds shown in Schedule B-2. INSURED LIFE means the annuitant of each ANNUITY CONTRACT. Ohio National — ACE Tempest Re GMDB 2006 Treaty 3
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GMDB TYPE. One of the Guaranteed Minimum Death Benefits specified in Schedule A, applicable to ANNUITY CONTRACTS.
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GMDB TYPE. One of the Guaranteed Minimum Death Benefits specified in Schedule A, applicable to ANNUITY CONTRACTS. AMENDMENT NO. 14 to the VARIABLE ANNUITY REINSURANCE AGREEMENT Between THE OHIO NATIONAL LIFE INSURANCE COMPANY (“CEDING COMPANY”) and ACE TEMPEST LIFE REINSURANCE LTD. (“REINSURER”) Effective May 1, 2007, this Amendment is hereby attached to and becomes a part of the above-described Reinsurance Agreement. It is mutually agreed that the Agreement will be amended to update the investment funds. To effect this change, the following provision of this Agreement is hereby amended: • Schedule B-2, Subaccounts Subject to this Reinsurance Agreement (Amendment #12), is hereby replaced by the attached Schedule B-2. The Ohio National Life Insurance Company ACE Tempest Life Reinsurance Ltd. By: By: Name: Name: Title: Title: Date: Date:
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Related to GMDB TYPE

  • Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 5407980 181 14 $64,436.26 $16,500.00 $212.86 730 0300535754 6 174 1 $74,500.00 05/23/2001 34 Xxxxxx XX 00000 02 13.380 109 $16,290.43 06/01/2016 2 5408007 121 14 $83,809.00 $43,500.00 $659.16 703 0300657970 5 114 1 $102,000.00 05/17/2001 35 Xxxxxxx XX 00000 02 13.380 125 $42,554.60 06/01/2011 2 5408032 301 14 $74,230.00 $37,000.00 $386.29 714 0300571841 8 295 1 $95,000.00 06/04/2001 38 Xxxxx XX 00000 02 11.880 118 $36,871.74 07/01/2026 2 5408108 301 14 $135,000.00 $45,000.00 $533.10 673 0300571890 8 295 1 $151,000.00 06/11/2001 37 Xxxxx XX 00000 02 13.750 120 $44,910.59 07/01/2026 2 5408152 301 14 $120,918.00 $55,000.00 $594.58 726 0300528072 8 296 1 $166,000.00 07/12/2001 36 Xxxxxx XX 00000 02 12.380 106 $54,888.73 08/01/2026 2 5408264 181 14 $54,357.00 $49,854.00 $594.33 694 0300535812 6 176 1 $83,500.00 07/02/2001 49 Xxxxxxx XX 00000 02 11.880 125 $49,324.89 08/01/2016 2 5408307 301 09 $99,960.00 $25,000.00 $293.79 738 0300551686 8 295 1 $107,000.00 06/28/2001 28 Xxxxxxxx XX 00000 02 13.630 117 $24,941.69 07/01/2026 2 5408341 301 14 $111,903.00 $34,300.00 $370.80 731 0300528056 8 296 1 $117,000.00 07/06/2001 34 Xxxxxxx XX 00000 02 12.380 125 $34,212.82 08/01/2026 2 5408435 181 RFC01 $136,067.00 $47,600.00 $559.85 712 0300535952 6 175 1 $151,000.00 06/25/2001 31 Xxxxxxxxxx XX 00000 02 11.630 122 $46,993.12 07/01/2016 2 5408725 181 14 $136,938.00 $60,000.00 $677.26 680 0300537370 6 177 1 $166,500.00 08/07/2001 41 Xxxxxx XX 00000 02 10.880 119 $59,595.83 09/01/2016 2 5408772 181 14 $155,778.00 $60,000.00 $696.15 689 0300536372 6 177 1 $180,000.00 08/10/2001 30 Xxxxxxx Xxxx XX 00000 02 11.380 120 $59,614.16 09/01/2016 2 5408885 121 14 $59,223.00 $22,000.00 $325.25 702 0300523420 5 115 1 $66,000.00 06/08/2001 34 Xxxxxxx XX 00000 02 12.750 124 $21,240.53 07/01/2011 2 5408961 301 14 $243,000.00 $60,000.00 $682.36 680 0300551975 8 297 1 $270,000.00 08/01/2001 38 Xxxxxxxxxxx XX 00000 02 13.130 113 $59,886.31 09/01/2026 2 5408968 180 14 $218,260.49 $50,000.00 $674.29 667 0300517422 6 176 1 $243,000.00 08/02/2001 39 Xxxxxx XX 00000 02 14.250 111 $49,659.83 08/17/2016 2 5409058 180 09 $181,864.00 $75,000.00 $851.98 710 0300513421 6 176 1 $218,000.00 08/14/2001 36 Xxxxxxxxxx XX 00000 02 10.990 118 $74,287.84 08/20/2016 2 5409059 180 14 $91,420.00 $35,000.00 $536.17 647 0300513637 6 176 1 $110,000.00 08/17/2001 00 Xx Xxxxx XX 00000 02 16.900 115 $34,868.41 08/22/2016 2 5409060 180 14 $156,235.00 $60,000.00 $724.93 683 0300513587 6 176 1 $205,000.00 08/16/2001 31 Xxxxxx XX 00000 02 12.130 106 $59,518.04 08/21/2016 2 5409062 120 14 $47,375.00 $43,400.00 $647.75 662 0300513678 5 116 1 $80,114.00 08/15/2001 28 Xxxxxxx XX 00000 02 12.990 114 $42,938.99 08/28/2011 2 5409064 180 14 $110,869.00 $47,000.00 $515.90 721 0300512696 6 176 1 $145,570.00 08/10/2001 31 Xxxxxxxxx XX 00000 02 10.380 109 $46,556.10 08/15/2016 2 5409066 180 16 $128,519.00 $50,000.00 $590.47 662 0300512779 6 176 1 $147,500.00 08/08/2001 47 Xxxxxxxx XX 00000 02 11.700 122 $49,156.65 08/13/2016 2 5409067 180 14 $153,290.00 $70,000.00 $757.59 750 0300512001 6 176 1 $230,551.00 08/07/2001 46 Xxxxxxxxx XX 00000 02 10.130 97 $69,323.65 08/13/2016 2

  • engine type means a category of engines which do not differ in essential engine characteristics.

  • Transaction Type means the nature of a fuel-based transaction as defined below:

  • Service Type means the customer class, partial customer class and/or group of customer classes, as set forth in a Transaction Confirmation.

  • Term: Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 8489659 181 14 $188,000.00 $25,700.00 $223.87 719 0301706487 6 178 1 $235,000.00 02/26/2003 26 Denver CO 80200 00 0.000 91 $25,454.09 03/01/2018 2 8359182 181 09 $216,000.00 $40,500.00 $300.00 742 0301754651 7 178 1 $270,000.00 02/26/2003 49 Woodbridge VA 22100 00 0.000 95 $40,419.58 03/01/2018 2 8353308 181 14 $160,000.00 $23,100.00 $241.22 653 0301706586 6 178 1 $200,000.00 02/26/2003 31 Plano TX 75000 00 0.000 92 $22,982.85 03/01/2018 2 8353100 180 09 $577,600.00 $72,200.00 $504.83 703 0301698478 7 177 1 $722,200.00 02/26/2003 49 Scottsdale AZ 85200 00 0.000 90 $72,038.26 02/27/2018 2 8482733 182 14 $276,000.00 $33,000.00 $301.24 687 0301701801 6 179 1 $330,000.00 02/26/2003 35 Peabody MA 01900 00 0.000 94 $32,889.10 04/01/2018 2 8476935 181 04 $47,000.00 $20,000.00 $196.95 622 0301692794 6 178 1 $82,000.00 02/26/2003 42 North Miami Beach FL 00000 00 0.000 82 $19,832.98 03/03/2018 2 8602137 181 14 $90,300.00 $15,000.00 $138.41 724 0301820544 6 178 1 $116,000.00 02/27/2003 41 BAYTOWN TX 77500 00 0.000 91 $14,907.72 03/13/2018 2 8358128 182 04 $206,400.00 $25,800.00 $194.74 680 0301777538 7 179 1 $258,000.00 02/27/2003 41 Gardena CA 90200 00 0.000 90 $25,783.71 04/01/2018 2 8586861 181 15 $186,800.00 $112,000.00 $836.32 730 0301776878 7 178 1 $332,900.00 02/27/2003 27 Verona WI 53500 00 0.000 90 $111,659.21 03/01/2018 2 8687415 181 14 $185,600.00 $46,400.00 $376.22 721 0301862744 7 178 1 $232,000.00 02/27/2003 38 Hartford SD 57000 00 0.000 100 $46,374.87 03/01/2018 2 8602041 181 09 $185,300.00 $34,700.00 $317.71 752 0301809315 6 178 1 $220,000.00 02/27/2003 46 SEABROOK TX 77500 00 0.000 100 $34,374.42 03/13/2018 2 8353008 181 14 $176,550.00 $33,450.00 $238.49 733 0301694691 7 178 1 $223,000.00 02/27/2003 30 Town of Beckman NY 00000 00 0.700 95 $33,223.54 03/01/2018 2 8586171 181 09 $338,000.00 $44,100.00 $330.47 765 0301788436 7 178 1 $446,000.00 02/27/2003 25 Highlands Ranch CO 80100 00 0.000 86 $43,770.92 03/01/2018 2 8535485 181 14 $78,228.00 $31,000.00 $309.28 750 0301728937 6 178 1 $110,000.00 02/27/2003 35 Gallup NM 87300 00 0.000 100 $30,790.35 03/07/2018 2 8585325 181 14 $248,183.19 $74,500.00 $730.08 748 0301794178 6 178 1 $324,500.00 02/27/2003 31 Indianapolis IN 46200 00 0.000 100 $73,851.24 03/01/2018 2 8535459 181 14 $157,250.00 $62,750.00 $407.00 754 0301721031 7 178 1 $246,000.00 02/27/2003 40 Flushing MI 48400 00 0.000 90 $62,586.99 03/01/2018 2 8602049 181 14 $99,200.00 $18,600.00 $171.63 757 0301809943 6 178 1 $124,000.00 02/27/2003 48 CLEBURNE TX 76000 00 0.000 95 $3,727.51 03/13/2018 2 8353784 181 14 $91,369.66 $62,000.00 $677.68 678 0301712972 6 178 1 $154,000.00 02/27/2003 33 Lacey WA 98500 00 00.000 100 $61,707.73 03/05/2018 2 8358184 181 09 $186,500.00 $23,300.00 $164.92 774 0301751277 7 178 1 $233,229.00 02/27/2003 25 Pearland TX 77500 00 0.000 90 $23,178.68 03/01/2018 2 8353804 181 14 $308,000.00 $52,350.00 $351.81 689 0301703450 7 178 1 $385,000.00 02/27/2003 44 West Haven UT 84300 00 0.000 94 $52,265.61 03/01/2018 2 8585191 181 14 $118,640.00 $29,660.00 $226.70 767 0301777637 7 178 1 $148,300.00 02/27/2003 45 West Valley City UT 00000 00 0.000 100 $29,641.36 03/01/2018 2

  • Document type means the type of payment request or receiving report available for creation in Wide Area WorkFlow (WAWF).

  • aircraft type means all aircraft of the same basic design including all modifications thereto except those modifications which result in a change in handling or flight characteristics;

  • product type means any of the following:

  • Rate Type means the Offshore Rate, the Base Rate or the CP Rate.

  • Unique item identifier type means a designator to indicate which method of uniquely identifying a part has been used. The current list of accepted unique item identifier types is maintained at http://www.acq.osd.mil/dpap/pdi/uid/uii_types.html.

  • Vehicle type means a category of motor vehicles which do not differ in such essential respects as:

  • Subsidized Xxxxxxxx Loan means a Loan for which the interest rate is governed by Section 427A(a) or 427A(d) of the Higher Education Act.

  • Liquidation Type REO Sale 3rd Party Sale Short Sale Charge Off Was this loan granted a Bankruptcy deficiency or cramdown Yes No If “Yes”, provide deficiency or cramdown amount _______________________________ Liquidation and Acquisition Expenses:

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.

  • License Type means the identification of whether the license for a Software Product is for a Perpetual Term or Subscription Term as specified in the Quote.

  • Serialization within the enterprise identifier means each item produced is assigned a serial number that is unique among all the tangible items produced by the enterprise and is never used again. The enterprise is responsible for ensuring unique serialization within the enterprise identifier.