Independent Actuarial Firm definition

Independent Actuarial Firm means a nationally recognized independent actuarial firm mutually agreed between the Parties in writing.
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Independent Actuarial Firm means Xxxxxxxx, Inc. or such other independent actuarial firm of national reputation as may be mutually acceptable to Seller and Buyer.
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Independent Actuarial Firm shall have the meaning set forth in Section 6.06(f) hereof.
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Examples of Independent Actuarial Firm in a sentence

  • In the event the Parties are unable to resolve any such dispute within 30 days of the delivery of the Buyer's Transfer Amount Statement, such dispute shall be resolved by a nationally recognized independent actuarial firm mutually acceptable to the Parties (the "Independent Actuarial Firm").

  • The proposed Transfer Amounts set forth in the Seller's Transfer Amount Statement, as modified to reflect the resolution of disputes by the Parties or by the Independent Actuarial Firm in accordance with this Section 4.1, shall be the "Transfer Amounts".

  • The Independent Actuarial Firm shall be instructed to make its determination as promptly as practicable and such determination shall be final and binding upon the Parties enforceable by appropriate judicial proceedings.

  • The fees and expenses of the Independent Actuarial Firm shall be shared equally by the Buyer and the Seller.

  • In this case, we will provide the debriefing as soon as practicable, and normally no later than fifteen (15) Business Days from the date of publicationof the Contract Award Notice.

  • Any unresolved dispute between the Parties with respect to an error so notified pursuant to this Article 4(C) shall be submitted to the Independent Actuarial Firm for resolution in accordance with Article 17(B).

  • In the event this Agreement is commuted in accordance with paragraph B above, the Company shall withdraw cash from the Funded Accounts equal to the Commutation Amount, and, to the extent the Commutation Amount exceeds the balance therein, the Reinsurer shall pay any shortfall directly to the Company within thirty (30) Business Days of its receipt of the Commutation Settlement Statement or the final review report from the Independent Actuarial Firm, whichever date is later.

  • Each Party shall provide its proposed calculation of the disputed amount to the Independent Actuarial Firm.

  • Each Party shall use commercially reasonable efforts to furnish to the Independent Actuarial Firm such work papers, books, records and documents and other information pertaining to the Commutation Amount as the Independent Actuarial Firm may request.

  • Each Party shall use commercially reasonable efforts to furnish to the Independent Actuarial Firm such work papers, books, records and documents and other information pertaining to the disputed amount as the Independent Actuarial Firm may request.


More Definitions of Independent Actuarial Firm

Independent Actuarial Firm means Xxxxxxxx, Inc. or the Xxxxxxxxxxx business of Towers Xxxxxx, as applicable, or such firm’s successors and assigns.
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Independent Actuarial Firm has the meaning set forth in Section 1.4(b) of this Agreement.
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Independent Actuarial Firm means either Tillxxxxxxx-Xxxxxx Xxxrxx or Millxxxx & Xobexxxxx, Xxc., whichever is mutually agreed upon by Buyer and the Sellers' Advisory Representative.
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Independent Actuarial Firm has the meaning set forth in Section 2.6(b).
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Related to Independent Actuarial Firm

  • Independent Accounting Firm has the meaning set forth in Section 2.05(c).

  • Independent Accountant has the meaning set forth in Section 2.04(c)(iii).

  • Actuary means a person who is a member in good standing of the American academy of actuaries.

  • Independent Tax Counsel means a lawyer, a certified public accountant with a nationally recognized accounting firm, or a compensation consultant with a nationally recognized actuarial and benefits consulting firm with expertise in the area of executive compensation tax law, who shall be selected by the Board, and whose fees and disbursements shall be paid by the Company.

  • Independent Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing (which may be the firm that regularly examines the financial statements of the Issuer) that is regularly engaged in the business of appraising the Capital Stock or assets of corporations or other entities as going concerns, and which is not affiliated with either the Issuer or the Holder of any Warrant.

  • Appointed actuary means any individual who is appointed or retained in accordance with the requirements set forth in 5.34(5)“c” to provide the actuarial opinion and supporting memorandum as required by Iowa Code section 508.36.

  • Actuarial opinion means the opinion of an appointed actuary regarding the adequacy of the reserves and related actuarial items based on an asset adequacy analysis in accordance with subrule 5.34(6) and with applicable actuarial standards.

  • Actuarial valuation means a mathematical determination of

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Actuarial Standards Board means the board established by the American Academy of Actuaries to develop and promulgate standards of actuarial practice.

  • Independent Valuer means Massarsky Consulting, Inc., appointed by the Board to independently value the Company’s Catalogues within the Portfolio;

  • Independent Firm has the meaning set forth in Section 10.03 of this Agreement.

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • Independent Auditor has the meaning specified in Section 6.01(a).

  • Valuation Firm means a nationally recognized independent investment banking or valuation firm with expertise in the oil and gas sector.

  • Independent Evaluator A person empowered, pursuant to Section 23.5 (Failure to Reach Agreement) and Section 23.10 (Dispute) of this Agreement, to resolve disputes due to failure of the Parties to agree on a Performance Standards Revision Document.

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Adverse Benefit Determination means any of the following:

  • Qualified actuary means a member in good standing of the American Academy of Actuaries.

  • Tax Counsel shall have the meaning set forth in Section 6.2 hereof.

  • Independent living means a planned program of services designed to assist a child age 16 and over

  • Independent Expert means a Person or entity with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company.

  • Licensed Independent Practitioner means any individual permitted by law and by the Medical Staff and Board to provide care and services without direction or supervision, within the scope of the individual’s license and consistent with individually granted clinical privileges.

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • independent review committee means the independent review committee of the investment fund established under National Instrument 81-107 Independent Review Committee for Investment Funds;

  • the Auditors means the auditors from time to time of the company or, in the case of joint auditors, any one of them;