Guaranteed Fund definition

Guaranteed Fund means an asset class -
Sample 1Sample 2Sample 3
Guaranteed Fund means the book value account established by the Insurance Company in its accounting records for this Contract. The Guaranteed Fund reflects credit and debit transactions under this Contract as provided in Section 2.1.
Sample 1Sample 2Sample 3
Guaranteed Fund means a deposit Fund maintained by Sun Life in dollars as a liability of its general funds.
Sample 1Sample 2Sample 3

Examples of Guaranteed Fund in a sentence

  • Upon receipt of the Net Deposit, an amount equal to the Deposit shall be credited to the Guaranteed Fund.

  • Each Contract Payment shall be deducted from the Guaranteed Fund on the date it is paid.

  • In the event such termination occurs, the balance in the Guaranteed Fund plus Additional Amounts that may be due and owing as of the date of such termination, if any, shall become immediately due and payable to the Owner.

  • Unless terminated prior to the Expiration Date as provided above, this Contract will terminate automatically on the Expiration Date concurrently with the Insurance Company making a Contract Payment to the Owner equal to the balance of the Guaranteed Fund as of the Expiration Date, plus Additional Amounts, if any, that may be due and owing as of the Expiration Date.

  • Interest shall be credited to the Guaranteed Fund on the date such Interest is earned in accordance with Schedule A.

  • If an Interest Payment Date and/or a Repayment Date is also the Maturity Date, the Contract Payment will equal (a) the balance of the Guaranteed Fund on that date, plus (b) Additional Amounts which may be due and owing at that time, if any.

  • Provided the Net Deposit is received by the Insurance Company on the Effective Date, the Insurance Company shall establish the Guaranteed Fund as of such date.

  • Unless otherwise specified in Schedule A, the balance of the Guaranteed Fund at any given time shall equal the Deposit less the amount of any adjustments to the principal amount of the Deposit pursuant to Section 3.1(ii), plus Interest earned and credited thereon, less Contract Payments made, if any, other than pursuant to Section 3.1(ii).

  • This Contract will terminate automatically upon the Insurance Company making a Contract Payment to the Owner prior to the Expiration Date in accordance with Section 3.1(ii), any optional redemption or pre-payment provisions set forth in Schedule A or on any Repayment Date, if such Contract Payment is equal to the balance of the Guaranteed Fund as of such date, plus Additional Amounts, if any, that may be due and owing at that time.

  • JPMORGAN CHASE BANK, as Trustee By: ------------------------------- Authorized Signatory Dated: August 28, 2003 CERTIFICATE OF AUTHENTICATION This is one of the Class SB-__ Certificates referred to in the within-mentioned Agreement.


More Definitions of Guaranteed Fund

Guaranteed Fund means a Constituent Fund which is determined by the Trustee to be a Guaranteed Fund.
Sample 1Sample 2Sample 3
Guaranteed Fund means the Guaranteed Fund referred to in Clause 11.1.1(a);
Sample 1
Guaranteed Fund means a mutual fund of which the investment policy has the nature of a guaranteed fund according to the notification on investment;
Sample 1
Guaranteed Fund means a portion of the Trust Fund invested in any one or more of the following: contracts with an insurance company or companies which offer a guaranty of principal and income, any other form of investment that has in general, little or no fluctuation in principal (except in the event of insolvency of the issuer or guarantor) such as Treasury bills, certificates of deposit, repurchase agreements, other forms of indebtedness issued by financial institutions, money market funds or similar investments which the Trustee determines to be similar to any of the foregoing in terms of investment goals and degree of risk. The Trustee may, in its discretion, maintain in cash, without liability for interest or loss of income or lack of appreciation, such portion of the assets of the Guaranteed Fund as it deems necessary or appropriate in order to effectuate transfers, contributions and distributions to and from such fund and to otherwise administer such fund in accordance with the terms of this Plan and the Trust Agreement.”
Sample 1
Guaranteed Fund means guaranteed investment certificates or an equivalent.
Sample 1

Related to Guaranteed Fund

  • Guaranteed Sum means: The maximum aggregate amount of R

  • Guaranteed Obligation and “Guaranteed Obligations” shall have the meaning assigned thereto in the Guarantee set forth on the signature pages hereto.

  • Guaranteed Indebtedness means, as to any Person, any obligation of such Person guaranteeing, providing comfort or otherwise supporting any Indebtedness, lease, dividend, or other obligation (“primary obligation”) of any other Person (the “primary obligor”) in any manner, including any obligation or arrangement of such Person to (a) purchase or repurchase any such primary obligation, (b) advance or supply funds (i) for the purchase or payment of any such primary obligation or (ii) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency or any balance sheet condition of the primary obligor, (c) purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation, (d) protect the beneficiary of such arrangement from loss (other than product warranties given in the ordinary course of business) or (e) indemnify the owner of such primary obligation against loss in respect thereof. The amount of any Guaranteed Indebtedness at any time shall be deemed to be an amount equal to the lesser at such time of (x) the stated or determinable amount of the primary obligation in respect of which such Guaranteed Indebtedness is incurred and (y) the maximum amount for which such Person may be liable pursuant to the terms of the instrument embodying such Guaranteed Indebtedness, or, if not stated or determinable, the maximum reasonably anticipated liability (assuming full performance) in respect thereof.

  • Guaranteed Obligations has the meaning set forth in Section 11.01.

  • Guaranteed Amounts means the amounts due from time to time from the Issuer to (i) the Covered Bondholders with respect to each Series of Covered Bonds (excluding any additional amounts payable to the Covered Bondholders under Condition 9(a) (Gross-up by the Issuer)) and (ii) the Other Issuer Creditors pursuant to the relevant Transaction Documents.

  • Guaranteed Investment Contract With respect to any Series (or Class within such Series), a guaranteed investment contract or surety bond provided for in the related Series Supplement, Granted as part of the Trust or to the Trustee for the benefit of the Certificateholders for such Series, providing for the investment of funds in a related Account or related Accounts and insuring a minimum or a fixed rate of return on the investment of such funds, which contract or surety bond shall be an obligation of an insurance company or other entity whose rating is no lower than the rating on the Underlying Securities and shall satisfy any other requirements specified in such Series Supplement.

  • a guaranteed income payment means a payment made under article 15(1)(c) (injury benefits) or 29(1)(a) (death benefits) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011;

  • Guarantor means: .............................................................................................................................................

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Guaranteed elements means the premiums, benefits, values, credits or charges under a policy of life insurance that are guaranteed and determined at issue.

  • Guaranteed Hedge Agreement means any Hedge Agreement required or permitted under Article V that is entered into by and between any Loan Party and any Hedge Bank.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Guaranteed Party means the Borrower and each Subsidiary thereof party to any Interest Rate Protection Agreement or Other Hedging Agreement with an Other Creditor. Each Guarantor understands, agrees and confirms that the Secured Creditors may enforce this Guaranty up to the full amount of the Guaranteed Obligations against such Guarantor without proceeding against any other Guarantor, the Borrower, any other Guaranteed Party, against any security for the Guaranteed Obligations, or under any other guaranty covering all or a portion of the Guaranteed Obligations.

  • Guaranty Obligation has the meaning specified in the definition of "Contingent Obligation."

  • Guaranteed Payment for each Class of Notes and any Payment Date means the sum of (i) the related Guaranteed Principal Payment Amount plus (ii) the related Aggregate Investor Interest for the Payment Date.

  • Subsidiary Guarantor means any Guarantor other than Holdings.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States of America or the District of Columbia.

  • Non-Guaranteed Elements means the premiums, credited interest rates (including any bonus), benefits, values, dividends, non-interest based credits, charges or elements of formulas used to determine any of these, that are subject to company discretion and are not guaranteed at issue. An element is considered non-guaranteed if any of the underlying non-guaranteed elements are used in its calculation.