Interim Value definition

Interim Value means the Strategy Value at any time other than the start date and end date of an Index Strategy Term.
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Interim Value at any time is equal to the sum of the Segment Interim Values. Segment Value The “Segment Value” of a Segment Option at any time is determined based on the provisions of the applicable Strategy Endorsement. Segment Interim Value The “Segment Interim Value” of a Segment Option at any time is determined based on the provisions of the Interim Value Endorsement.
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Interim Value means the value, attributable to one or more index options, used in determining the death benefit, withdrawal amount, annuitization amount or surrender value at any time other than the start date and end date of an index term.
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Examples of Interim Value in a sentence

  • On each other day between the first day and the end of the Strategy Term, the Strategy Contract Value equals the Strategy Interim Value.


More Definitions of Interim Value

Interim Value. As of any particular date, the initial value of a Fixed Allocation plus all interest credited thereon, less the sum of all previous transfers and withdrawals of any type from such Fixed Allocation and interest thereon from the date of each withdrawal or transfer.
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Interim Value. The sum of the Investment Option Interim Values during the Investment Option Period. The Interim Value is used during the Investment Option Period for certain withdrawals, Income Plan, Death Benefit, and other benefits as specified in any riders attached to this Contract. At the expiration of the Investment Option Period, the Interim Value equals the Maturity Value. Upon entering the Access Account Period the Interim Value is no longer applicable.
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Interim Value means the cash equivalent in respect of the Transferring Employees calculated on the basis of pensionable service up to the day immediately preceding the Effective Time in accordance with the Actual Assumptions; (12) "MFR" means the minimum funding requirement referred to in section 56 of the Pensions Xxx 0000; (13) "Payment Date" means the date which falls seven days after the later of:- (a) the date upon which the amount of the Transfer Value is certified in accordance with paragraph 5.1; and (b) the date upon which the Buyer notifies the Seller in writing that the Buyer's Scheme is an Exempt Approved Scheme (within the meaning of Section 592 of the Taxes Act) or that the Board of Inland Revenue has confirmed that the Buyer's Scheme may accept a transfer payment from the Seller's Scheme and (in either case) that if the employment of the
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Interim Value per Unit means the value of the Company's capital, excluding the security valuation reserve, as of the month ended preceding the award of Units, after the Effective Date of the Plan, divided by 10 million.
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Interim Value the aggregate Fleet Value of all Eligible Transaction Helicopter Equipment to be included in the pro forma calculations of each revised Borrowing Base Certificate delivered pursuant to Subsection 6.2(d).
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Related to Interim Value

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • Baseline Value means $158.09, the per share closing price of the Common Stock reported by The New York Stock Exchange for the last trading date preceding January 1, 2013. For purposes of the REIT Index and S&P Index measures used in determining the attainment of each of the respective Relative TSR Goals, the baseline value for each shall also be the ending value of the applicable index as of the last day of the year prior to the Effective Date.

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Net Orderly Liquidation Value means, with respect to Inventory of any Person, the orderly liquidation value thereof, net of all costs of liquidation thereof, as based upon the most recent Inventory appraisal conducted in accordance with this Agreement and expressed as a percentage of Cost of such Inventory.

  • Inventory Value has the meaning set forth in Section 2.1.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Adjusted Value as used in subdivision (d) means:

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Land Value means, at any time:-

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • SPS AER Value means the Underlying Reference Value.

  • Unencumbered Asset Value means, at any time for the Consolidated Group, without duplication, the sum of the following: (a) an amount equal to (i) Unencumbered NOI from all Unencumbered Properties (other than Non-Stabilized Properties and acquisition properties described in clause (b) below) that have been owned by the Consolidated Group for four full fiscal quarter periods or longer (which amount for each individual Unencumbered Property as well as the aggregate amount for all Unencumbered Properties shall not be less than zero) divided by (ii) the Capitalization Rate, plus (b) the aggregate acquisition cost of all Unencumbered Properties acquired during the then most recently ended four fiscal quarter period, plus (c) the undepreciated book value of Unencumbered Properties that are Non-Stabilized Properties; provided that if the Unencumbered Asset Value attributable to Non-Stabilized Properties accounts for more than 15% of Unencumbered Asset Value, the amount of undepreciated book value of such Non-Stabilized Properties that exceeds such limit shall be deducted from Unencumbered Asset Value, plus (d) cash from like-kind exchanges on deposit with a qualified intermediary (“1031 proceeds”), plus (e) the value of Mezzanine Debt Investments and Mortgage Receivables owned by the Consolidated Group that are not more than ninety (90) days past due determined in accordance with GAAP, in each case that are not subject to a Lien or Negative Pledge; provided that if the Unencumbered Asset Value attributable to Mezzanine Debt Investments and Mortgage Receivables accounts for more than 10% of Unencumbered Asset Value, the amount of Mezzanine Debt Investments and Mortgage Receivables that exceeds such limit shall be deducted from Unencumbered Asset Value, plus (f) the undepreciated book value of all Unimproved Land and Construction in Progress owned by the Consolidated Group to the extent any such assets are not subject to a Lien or Negative Pledge, plus (g) Balance Sheet Cash; provided that, to the extent that Unencumbered Asset Value attributable to investments in Mezzanine Debt Investments, Mortgage Receivables, 1031 proceeds, Unimproved Land, and Construction in Progress account for more than 25% of Unencumbered Asset Value, in the aggregate, the amount that exceeds such limit shall be deducted from Unencumbered Asset Value. For clarification purposes, in determining whether clause (a) or clause (b) above applies, the date a Property will be deemed to have been acquired is the date it was acquired by the Consolidated Group or any prior Affiliate of the Consolidated Group.