MVA Account definition

MVA Account. A separate account which provides investment options where the Company guarantees the rate of interest for a specified Guarantee Period and where withdrawals or transfers may be subject to a Market Value Adjustment.
MVA Account means, unmodified, a separate investment account established by us pursuant to applicable law in which you are eligible to invest under this contract.
MVA Account. [Great American Reserve Market Value Adjustment Account for the portion of the Contract that may be subject to a Market Value Adjustment.] ELIGIBLE FUNDS, SERIES & SUB-ACCOUNTS: [The Conseco Series Trust] [Conseco - Asset Allocation Portfolio] [Conseco - Asset Allocation Sub- Account] [Conseco - Common Stock Portfolio] [Conseco - Common Stock Sub-Account] [Conseco - Corporate Bond Portfolio] [Conseco - Corporate Bond Sub- Account] [Conseco - Government Securities [Conseco - Government Securities Sub- Portfolio] Account] [Conseco - Money Market Portfolio] [Conseco - Money Market Sub-Account] [Evergreen Variable Investment Trust] [Evergreen VA Fund] [Evergreen VA Sub-Account] [Evergreen VA Foundation Fund] [Evergreen VA Foundation Sub-Account] [Evergreen VA Growth and Income Fund] [Evergreen VA Growth and Income Sub- Account] [Insurance Management Series] [International Stock Fund] [International Stock Sub-Account] [The Alger American Fund] [Alger Xxxxican Growth Portfolxx] [Alger American Growth Sub-Accxxxx] [Alger American Leveraged AllCxx [Alger American Leveraged Allcxx Xxb- Portfolio] Account] [Alger American MidCap Growth [Alger American MidCap Growth Xxx- Portfolio] Account] [Alger American Small Capitalixxxxxn [Alger American Small Capitalixxxxxn Portfolio] Sub-Account] [INVESCO Variable Investment Funds, Inc.] [INVESCO VIF - High Yield Portfolio] [INVESCO VIF - High Yield Sub-Account] [INVESCO VIF - Industrial Income [INVESCO VIF - Industrial Income Sub- Portfolio] Account] [Lord Abbett Series Fund, Inc.] [Xxxxxx & Income Portfolio] [Lord Abbett - Growth & Income Sub- Account] [The OFFITBANK Variable Insurance Fund, Inc.] [OFFITBANK VIF - Investment Grade [OFFITBANK VIF - Investment Grade Global Debt Fund] Global Debt Sub-Account] [OFFITBANK VIF - Total Return Fund] [OFFITBANK VIF - Total Return Sub- Account] [Van Eck Worldwide Insurance Txxxx] [Worldwide Emerging Markets Fund] [Van Eck - Worldwide Emerging Xxxxxxx Sub-Account] [Gold and Natural Resources Fund] [Van Eck - Gold and Natural Rexxxxxxx Sub-Account] [Worldwide Hard Assets Fund] [Van Eck - Worldwide Hard Assexx Xxx- Account] [Tomorrow Funds Retirement Trust] [Core Large-Cap Stock Fund] [Tomorrow Funds - Core Large-Cap Stock Sub-Account] [Core Small-Cap Stock Fund] [Tomorrow Funds - Core Small-Cap Stock Sub-Account] MVA ACCOUNT: MINIMUM GUARANTEED INTEREST RATE: [3%] CURRENT MVA ACCOUNT GUARANTEE PERIOD OPTIONS AND CREDITED INTEREST RATES: [1 Year] [XX%] [3 Years] [XX%] [5 Years] [XX%] [7 ...

Examples of MVA Account in a sentence

  • A withdrawal from the MVA Account may be subject to a Market Value Adjustment.

  • Amounts in the MVA Account will be used to provide fixed benefits.

  • CONVERSION OF ACCUMULATED VALUE IN MVA ACCOUNT On the Date of Maturity or other date elected to begin annuity payments, we will convert the Accumulated Value of the MVA Account adjusted by a Market Value Adjustment, if applicable, into annuity payments.

  • The initial MVA Account Guarantee Period options are shown on the Certificate Schedule.

  • Any transfer made out of a Guarantee Period of the MVA Account may be subject to a Market Value Adjustment.

  • The number of Accumulation Units or Annuity Units and the amount of Accumulated Value of the MVA Account transferred to or from each Subaccount will reflect the respective values in each Subaccount.

  • The Certificate Owner must specify by Written Request which Sub-Account or Guarantee Period of the MVA Account or Fixed Account, as applicable, is the source of the partial withdrawal.

  • ACCUMULATIONS -------------------------------------------------------------------------------- PURCHASE OF ACCUMULATION UNITS The portion of the Premium not allocated to the MVA Account will be allocated to each elected variable investment option for investment with other funds in each such variable investment option and applied to the purchase of Accumulation Units.

  • The term "Market Value Adjusted Account" or "MVA Account" means, unmodified, a separate investment account established by us pursuant to applicable law in which you are eligible to invest under this certificate.

  • ACCUMULATED VALUE IN THE MVA ACCOUNT We will accumulate (i) the portion of any Premium allocated to the MVA Account and (ii) any amount transferred to the MVA Account from a variable investment option, from the date the premium is received or the transfer is made.


More Definitions of MVA Account

MVA Account means a non-unitized separate account supporting guarantee period values that are subject to the market value adjustment formula stated in the Contract. The MVA Account may be insulated from the General Account and may be registered with the SEC under the 1933 Act.

Related to MVA Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Regular account means the account established for each active and inactive member un-

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Investment Account As defined in Section 3.12(a).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Collection Accounts As defined in Section 3.10(a).

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Separate Accounts means the accounts which are to be prepared for each

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.