IMR Amount definition

IMR Amount means, as of any date of determination, the Effective Date IMR plus the Post-Effective IMR, each to the extent unamortized as of such date of determination.

IMR Amount means, as of any date of determination, the Effective Date IMR plus the Post-Effective IMR, each to the extent unamortized as of such date of determination. Xxxxxxx Resolution Life and Annuity Insurance Company and TR Re, Ltd. Annuity Reinsurance Agreement Effective October 1, 2021 Page 4

IMR Amount means (a) the Existing IMR Amount plus (b) the Transaction IMR Amount plus (c) the Post-Closing Date IMR Amount.

Examples of IMR Amount in a sentence

• Annuity Reinsurance Agreement Effective October 1, 2021 Page 16 Post-Effective IMR generated during the Accounting Period, minus the IMR Amount at the beginning of the Accounting Period).

• The Ceding Company and the Reinsurer agree that the Existing IMR Amount and the Transaction IMR Amount as of the Closing Date shall be calculated by the Ceding Company and ceded to the Reinsurer.

• The Ceding Company and the Reinsurer agree that the Existing IMR Amount and the Transaction IMR Amount as of the Phase 1 Closing Date were calculated by the Ceding Company and ceded to the Reinsurer.

• The Ceding Company and the Reinsurer agree that the Existing IMR Amount and the Transaction IMR Amount, in each case, in respect of the Phase 2 Reinsured Policies as of the Phase 2 Closing Date shall be calculated by the Ceding Company and ceded to the Reinsurer.

• Those not defined as pensioners are by default to be classed as working age persons.

More Definitions of IMR Amount

IMR Amount means, as of any date of determination, the Reinsurer’s Quota Share of an amount equal to (a) the Existing IMR Amount, plus (b) the Transaction IMR Amount plus (c) the portion of any interest maintenance reserve that is created following the Closing Date with respect to the assets deemed to support the Reinsured Liabilities, which remains unamortized as of such date of determination, determined in accordance with SAP applicable to the Reinsurer.

IMR Amount means (a) the Closing Date IMR Amount, plus (b) any interest maintenance reserve that is created following the Closing Date with respect to the assets supporting the Reinsured Liabilities determined in accordance with SAP applicable to the Reinsurer.

IMR Amount means (i) the Inception Date IMR Amount minus (ii) the portion of the IMR Adjustment Amount allocable to this Agreement plus (iii) the amount of any interest maintenance reserve that is created following the Inception Date with respect to the assets supporting the Reinsured Risks determined in accordance with SAP applicable to the Reinsurer.

IMR Amount means the amount determined in accordance with Schedule 11.1(c), as of the Closing Date or the Post-Closing Adjustment Date, as applicable.

IMR Amount means, as of any date of determination, the Reinsurer’s Quota Share of an amount equal to (a) the Existing IMR Amount, plus (b) the Transaction IMR Amount plus (c) the portion of any interest maintenance reserve that is created following the Phase 1 Closing Date with respect to the assets deemed to support the Reinsured Liabilities that were reinsured as of the Phase 1 Effective Time and following the Phase 2 Closing Date with respect to the assets deemed to support the Reinsured Liabilities that were reinsured as of the Phase 2 Effective Time, in each case which remains unamortized as of such date of determination, determined in accordance with SAP applicable to the Reinsurer.

IMR Amount means the Post-Closing Date IMR Amount.

IMR Amount means, as of any date of determination, the Reinsurer’s Quota Share of an amount equal to (a) the Existing IMR Amount, plus (b) the Transaction IMR Amount, plus (c) the portion of any interest maintenance reserve that is created following the Phase 1 Closing Date with respect to the assets deemed to support the Reinsured Liabilities that were reinsured as of the Phase 1 Effective Time and following the Phase 2 Closing Date with respect to the assets deemed to support the Reinsured Liabilities that were reinsured as of the Phase 2 Effective Time, in each case which remains unamortized as of such date of determination, determined in accordance with SAP applicable to the Reinsurer. For the avoidance of doubt, none of the “IMR Amount,” the “Existing IMR Amount” or the “Transaction IMR Amount” shall include any interest maintenance reserve with respect to any assets supporting the Modco Liabilities.