GROUP CONTRACT OWNER definition

GROUP CONTRACT OWNER. The person or entity to which the Group Contract is issued.
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GROUP CONTRACT OWNER. The Group Contract Owner has title to the Contract. The Contract and any amounts accumulated thereunder are not subject to the claims of the Group Contract Owner nor any of its creditors. The Group Contract Owner may transfer ownership of this Group Contract. Any transfer of ownership terminates the interest of any existing Group Contract Owner. It does not change the rights of any Certificate Owner.
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GROUP CONTRACT OWNER. Direct Consumer's Group Trust Dated December 22, 1995 GROUP CONTRACT EFFECTIVE DATE: September 1, 2001 ELIGIBLE PERSONS: Customers of participating financial institutions.
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Examples of GROUP CONTRACT OWNER in a sentence

  • GROUP CONTRACT OWNER The entity, as shown on the Certificate Data Page, which applies for the Group Contract INVESTMENT OPTIONS Any of the Guaranteed Period Options of the Fixed Account, the Dollar Cost Averaging Fixed Account Option, and any of the Subaccounts of the Separate Account(s).

  • GROUP CONTRACT OWNER The entity, as shown on the Contract Data Page, which applies for the Group Contract.

  • GROUP CONTRACT OWNER: The person or entity to which the Group Contract is issued.

  • This code of practice is for anyone who engages with a person with decision- making capacity challenges in a professional capacity and/or as a decision supporter.

  • GROUP CONTRACT OWNER The Group Contract Owner has title to the Group Contract.

  • CERTIFICATE SCHEDULE CERTIFICATE NUMBER PARTICIPANT GROUP CONTRACT OWNER CERTIFICATE DATE CONTRACT NUMBER 3 SP58 DESCRIPTION OF CERTAIN TERMS USED IN THIS CERTIFICATE ANNUITANT - The person who is to receive annuity payments, and who is identified as the participant.

  • The Variable Annuity VALIC Life Insurance Company 2929 Allen Parkway Houston, Texas 77019 -------------------------------------------------------------------------------- * An American General Company PARTICIPANT: GROUP CONTRACT OWNER: DATE OF ISSUE: PARTICIPANT ACCOUNT NUMBER: ANNUITY DATE: This Certificate is issued to the named Participant under the Group Annuity Contract.

  • ADJUSTED POLICY VALUE GROUP CONTRACT OWNER The Policy Value increased or The entity, as shown on the decreased by any Excess Interest Contract Data Page, which applies Adjustment for the Group Contract ANNUITANT INVESTMENT OPTIONS The Participant to whom annuity Any of the Guaranteed Period payments will be made, unless Options of the Fixed Account, the another payee is named.


More Definitions of GROUP CONTRACT OWNER

GROUP CONTRACT OWNER. [Securities Customers DRL Insurance Trust II] SEPARATE ACCOUNT: [PFL Endeavor Variable Annuity Account] DCA SUBACCOUNT(S): [Money Market Portfolio, U.S. Government Securities Portfolio] PREMIUM PAYMENT MINIMUMS (PER CERTIFICATE) Initial Premium Payment, Nonqualified: [$5,000.00] Initial Premium Payment, Qualified*: [$2,000.00] *Waived for 403(b) annuities Subsequent Premium Payments: [$50.00] SERVICE CHARGE: [$40] Before the Annually Commencement Date: [5%] Annually Compounding Death Benefit Mortality and Expense Risk Fee and Administrative Charge: [1.75%] Step-Up to age 75 Death Benefit Mortality and Expense Risk Fee and Administrative Charge: [1.75%] Return of Premium Death Benefit Mortality and Expense Risk Fee and Administrative Charge: [1.55%] Distribution Financing Charge [.00%] After the Annuity Commencement Date: Mortality and Expense Risk Fee and Administrative Charge: [1.55%] FIXED ACCOUNT MINIMUM ANNUAL INTEREST RATE: 3% SURRENDER CHARGE: Number of Years Since Percentage of Premium [Premium Payment Date] Withdrawn [0 - 1 8% 1 - 2 8% 2 - 3 8% 3 - 4 7% 4 - 5 6% 5 - 6 5% 6 - 7 4% 7 - 8 3% 8 - 9 2% 9 and thereafter 0%] AV 432 101 114 779 MSP SECTION 2 - CONTRACT DATA - CONT SCHEDULE OF ADDITIONAL BENEFITS: FORM NO. ADDITIONAL BENEFIT(S) AE 1051 199 LUMP SUM WITHDRAWAL OPTION AE 1058 199 GUARANTEED MINIMUM DEATH BENEFIT AE 1060 199 GUARANTEED MINIMUM DEATH BENEFIT AE 1061 199 GUARANTEED MINIMUM DEATH BENEFIT AE 1064 199 SYSTEMATIC PAYOUT OPTION AE 1074 199 SERVICE CHARGE WAIVER AE 1075 199 PREMIUM ENHANCEMENT] AV 432 101 114 779 MSP SECTION 3 - PREMIUM PAYMENTS PAYMENT OF PREMIUMS ALLOCATION OF PREMIUM PAYMENTS
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GROUP CONTRACT OWNER. CONTRACT NUMBER:
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Related to GROUP CONTRACT OWNER

  • Contract Owner means the holder of interests in a variable annuity or variable life insurance contract issued by the Company.

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Group Companies means the Company and its Subsidiaries.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Group Member Agreement means the partnership agreement of any Group Member, other than the Partnership, that is a limited or general partnership, the limited liability company agreement of any Group Member that is a limited liability company, the certificate of incorporation and bylaws or similar organizational documents of any Group Member that is a corporation, the joint venture agreement or similar governing document of any Group Member that is a joint venture and the governing or organizational or similar documents of any other Group Member that is a Person other than a limited or general partnership, limited liability company, corporation or joint venture, as such may be amended, supplemented or restated from time to time.

  • Sub-Contractor means the person named in the Contract for any part of the works or any person to whom any part of the contract has been sublet by the contractor with the consent in writing of the Engineer-in-charge and will include the legal representatives, successors and permitted assigns of such persons.

  • Management Contract means the contract executed between the treasurer and a program manager.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Group Company means any one of them;

  • Seller Affiliate means any Affiliate of Seller.

  • Target Companies means the Company and its Subsidiaries.

  • Key Sub-Contractor means any Sub-Contractor: listed in Framework Schedule 7 (Key Sub-Contractors); which, in the opinion of the Authority and the Customer, performs (or would perform if appointed) a critical role in the provision of all or any part of the Services; and/or with a Sub-Contract with a contract value which at the time of appointment exceeds (or would exceed if appointed) 10% of the aggregate Call Off Contract Charges forecast to be payable under this Call Off Contract;

  • Contract Holder means the person to whom the Benefit Plan is issued. Any other person approved for coverage with the Contract Holder under this plan is a dependent. Under Group coverage, the Contract Holder is the Member who is eligible for coverage because of his or her affiliation with a Group.

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Sub-Contractors means those persons furnishing labor or materials for the Project pursuant to the Sub- Contracts.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Service contract holder or "contract holder" means a person who is the purchaser or holder of a service contract.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • The Sub-Contractor means any person, firm or company (other than the Contractor) to whom any part of the work has been entrusted by the Contractor with the written consent of the Engineer-In-Charge and the legal representative successors and permitted assignee of such person, firm or company.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Permitted Special Servicer/Affiliate Fees Any commercially reasonable treasury management fees, banking fees, title insurance and/or other insurance commissions and fees, title agency fees, and appraisal review fees received or retained by the Special Servicer or any of its Affiliates in connection with any services performed by such party with respect to any Serviced Loan or REO Property, in each case, in accordance with Article III of this Agreement.

  • Accounts Receivable Subsidiary means one Unrestricted Subsidiary of the Company specifically designated as an Accounts Receivable Subsidiary for the purpose of financing the Company’s accounts receivable and provided that any such designation shall not be deemed to prohibit the Company from financing accounts receivable through any other entity, including, without limitation, any other Unrestricted Subsidiary.

  • Co-Owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.