Quarterly Accounting definition

Quarterly Accounting means a quarterly accounting, or more frequently as mutually agreed to by the parties, prepared in accordance with Iowa SAP and prepared by the Company in accordance with the provisions of Section 5.1 hereof.
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Quarterly Accounting means a quarterly accounting with respect to the Administered Business hereto prepared in accordance with each of Wisconsin SAP and GAAP, consistently applied, in each case in the form of Exhibit A and delivered by the Administrator to the Company in accordance with the provisions of Section 3.03 of this Agreement.
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Quarterly Accounting. The City agrees to provide the President a quarterly accounting of the Union Leave Bank, including the current balance. Telestaff Coding: An appropriate Telestaff code will be used to record time off using Union Leave Bank hours.
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Examples of Quarterly Accounting in a sentence

  • If a Quarterly Accounting reflects a balance due to the Reinsurer, the amount(s) shown as due shall be paid within ten (10) Business Days after the date on which the Quarterly Accounting was prepared.

  • If a Quarterly Accounting reflects a balance due to the Company, the amount(s) shown as due shall be paid within ten (10) Business Days of the preparation of the Quarterly Accounting.

  • In addition to the Quarterly Accounting, the Company shall provide the Reinsurer with any additional information related to this Agreement or the Policies as is reasonably necessary for the Reinsurer to satisfy any financial reporting or disclosure requirements or to comply with Applicable Law.

  • The Quarterly Accounting shall separately identify payment obligations attributable to a Variable Separate Account, a Risk Control Separate Account, a Declared Rate Separate Account and the General Account.

  • The Administrator shall remit to the Company an amount equal to the Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the Administrator within ten (10) Business Days of receipt by the Administrator of such Insolvency Fund Quarterly Accounting.

  • Proceeds so applied to a fixed annuity payout under any such Reinsured Contract shall be reflected as a Fixed Annuitization in the Quarterly Accounting and Settlement in accordance with Section 5.11, and a reinsurance premium for a single premium immediate annuity ("SPIA") contract pursuant to the terms and conditions of that certain coinsurance agreement effective on the Effective Date between the parties and designated Treaty Number 11.

  • Within thirty (30) days after the end of each Accounting Period, Reinsurer shall submit to Ceding Company quarterly accounting reports, substantially in the form of Exhibit E - Form of Quarterly Accounting and Settlement Reports, for each Accounting Period (such reports shall include, but are not limited to, the amounts determined in the manner described in Exhibit D for Reinsurance Premiums, Reinsurance Fees, Reinsurance Claims, Reinsurance Gains and Modco Reserves).

  • Any amounts distributed during an Accounting Period under a Stretch Settlement shall be reflected as a Death Benefit in that Accounting Period's Quarterly Accounting and Settlement in accordance with Section 5.11.

  • The Quarterly Accounting Period MODCO Adjustment for each Quarterly Accounting Period shall be reflected in the Quarterly Settlement Report for such Quarterly Accounting Period.

  • If the amount of the Net Settlement for a Quarterly Accounting Period is negative, the Ceding Company shall pay such amount to the Reinsurer within five (5) Business Days of its receipt of the Settlement Statement for such Quarterly Accounting Period.


More Definitions of Quarterly Accounting

Quarterly Accounting has the meaning set forth in the Administrative Services Agreement.
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Quarterly Accounting means a quarterly accounting, or more frequently as mutually agreed to by the parties, prepared in accordance with Iowa SAP and prepared by the Company in accordance with the provisions of Section 5.1 hereof. “Reinsured Liabilities” means the General Account Liabilities, the Risk Control Separate Account Liabilities, the Declared Rate Separate Account liabilities and the Variable Separate Account Liabilities. “Reinsurer” shall have the meaning set forth in the preamble hereof. “Reinsurer’s Separate Account” means the insulated, non-unitized separate account(s) established and maintained by the Reinsurer for the purposes of holding assets and reserves ceded directly from the Company’s Risk Control Separate Account(s) and Declared Rate Separate Account pursuant hereto. “Risk Control Separate Account” means the insulated, non-unitized separate account(s) established and maintained by the Company pertaining to the Policies which account is linked to the performance of one or more equity indices and is not registered as a unit investment trust under the Investment Company Act of 1940. “Risk Control Separate Account Assets” means the assets held in the Risk Control Separate Account(s). “Risk Control Separate Account Liabilities” means for the Risk Control Separate Account(s), all liabilities, reserves, obligations, costs and expenses relating to, based upon or arising out of the Policies, and relating to the Risk Control Separate Account Assets, provided, however, that the Risk Control Separate Account Liabilities shall not include the General Account Liabilities Declared Rate Separate Account Liabilities or Variable Separate Account Liabilities. “Statutory Reserves” means, as of any given date, the gross reserves established and maintained as a liability on the Company’s statutory financial statements for the Policies, prior to giving effect to the reinsurance provided hereunder, calculated in accordance with Iowa SAP and in accordance with sound actuarial principles. “SSAP 70” means Statement of Statutory Accounting Principles No. 70, Allocation of Expenses. “Tax” (or “Taxes” as the context may require) shall mean any federal, state, local or foreign net income, gross income, gross receipts, severance, property, production, sales, use, license, excise, franchise, employment, payroll, withholding, premium, alternative or add-on minimum, ad valorem, value-added,
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Quarterly Accounting has the meaning given to that term in Section 5.4.
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Quarterly Accounting means an accounting by the Fund Administrator on the 15th day or the next business day of the month following the end of the calendar quarter in a format to be provided by the Commission staff.
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Quarterly Accounting means an accounting prepared in accordance with statutory, accounting principles and delivered by the Reinsurer to the Company between the Service Transfer Date and the Termination Date in accordance with the provisions of Section 3.8.
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Quarterly Accounting shall have the meaning set forth in Section 9.1.
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Related to Quarterly Accounting

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Accounting Date means the thirtieth day of June in each year and any interim date on which the financial statements of the Trust are drawn up. Provided that the Management Company may, with the written consent of the Trustee and after obtaining approval from the Commission and the Commissioner of Income Tax may change such date to any other date and such change shall be intimated to the Commission.

  • Financial Year means a year commencing on and including the 1st day of July;

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • Academy Financial Year means the academic year from 1st of September to 31st of August in any year;

  • Fiscal Year means the fiscal year of the Company.

  • State Fiscal Year means the period beginning September 1 and ending August 31 each year, which is the annual accounting period for the State of Texas.

  • Quarterly Report means Servicer’s report to me that includes, among other information, the results of the IRG’s Compliance Reviews for the calendar quarter covered by the report, as required by Paragraph D.1 of Exhibit E;

  • Accounting Period means a period ending on and including an accounting date and commencing (in case of the first such period) on the date on which the Trust Property is first paid or transferred to the Trustee and (in any other case) from the next day of the preceding accounting period.