Seller Separate Account definition

Seller Separate Account means the separate account of Seller ----------------------- described on Schedule 1.02 hereto.
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Seller Separate Account means the separate account of Seller listed on Schedule 1.01(E) hereto.
Sample 1

Examples of Seller Separate Account in a sentence

  • The Insurance Contracts under which the Seller Separate Account assets are held are duly and validly issued and were sold pursuant to an effective registration statement under the Securities Act and any applicable state securities laws and each such registration statement is currently in effect to the extent necessary to allow Seller to receive contributions under such contracts.

  • Becker is a choreographer and teacher working in many idioms, including contemporary ballet and improvisation throughout Europe and the United States.

  • Seller has filed each prospectus and statement of additional information, as amended or supplemented, under which the Seller Separate Account assets are held that are required to be filed, and each such prospectus and statement of additional information, as of its respective mailing date or date of use, contained no untrue statement of a material fact and did not omit to state any material fact required to be stated therein or necessary in order to make the statements therein not misleading.

  • Seller ----------------------------------------- hereby appoints Purchaser to provide, with respect to the Insurance Contracts and the Seller Separate Account, the administrative services specified herein and in Schedule 1.03 hereto and any other administrative services specified in or necessary to administer the provisions of the Insurance Contracts (collectively, the "Administrative Services") for the period specified in Section 8.01 of this Agreement, and Purchaser hereby accepts such appointment.

  • In the event that assets are transferred to the LLANY Separate Account with respect to (i) a Novated Contract that is subsequently determined not to have been novated or (ii) a certificate of an Inactive Certificateholder that reverts to Seller, LLANY shall transfer to the Seller Separate Account the assets in the LLANY Separate Account relating to the LLANY separate account liabilities arising under such Insurance Contract on the date of transfer.

  • The Closing Balance Sheet shall reflect (i) the Separate Account Liabilities, (ii) the General Account Reserves, (iii) assets held in the Seller Separate Account equal to the Separate Account Liabilities, (iv) contract loans, and (v) cash and Cash Equivalents in an aggregate amount equal to (A) the General Account Reserves less (B) contract loans.

  • In the event of the termination of the Administrative Services Agreement pursuant to Section 8.02(a) thereof, Seller will re-assume all administrative services with respect to the Non-Novated Contracts and the Seller Separate Account and Purchaser will pay to Seller a monthly expense allowance in accordance with the terms of the Administrative Services Agreement in respect of the Non-Novated Contracts that have not been recaptured pursuant to Article IV hereof.

  • In addition, Seller shall, on the effective date of novation specified in the Notice sent in respect of an Insurance Contract which has Seller Separate Account Liabilities related thereto, transfer to the appropriate LLANY Separate Account the assets of the Seller Separate Account which support the Seller Separate Account Liabilities arising under each Insurance Contract so novated.

  • Purchaser does not have, and has not previously had, any adverse relationship with any investment company in which any Seller Separate Account assets are invested, or with any investment adviser thereof, or any Affiliate of either of the foregoing, which would reduce in any significant respect the likelihood of Purchaser entering into a new participation agreement with such Person on substantially the same terms as the currently existing agreement between such Person and Seller.

  • Such payments are construed so that all consolidated statutory earnings on the Seller Separate Account portion of the Business after the Closing Date accrue to Purchaser.

Related to Seller Separate Account

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

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

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

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Affiliate Account means, as to any Access Person, an Account:

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

  • 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.

  • 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.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Member Account means the regular account and the variable account.

  • 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.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

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

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Purchase Account means the account so designated in each Purchase and Remarketing Fund.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

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

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