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 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.

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

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

  • 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.

  • After the Initial Guarantee Period, the Current Interest Rate for any subsequent Guarantee Period of the MVA Account may change.

  • 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.

  • With respect to the MVA Account, we will not defer payment more than six months beyond the date we receive written notice.


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.

  • Unallocated Account means the portion of the Trust to which Employer Contributions are made during the Plan Year, in which shares of Company Stock will be held prior to allocation to Participant Accounts, to which dividends paid on such shares of Company Stock will be paid, and from which will be paid expenses of the Plan and Under-Payment Expenses as defined in Section 3.5.

  • 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

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

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

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

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • 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.