Separate Accounts definition

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

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Separate Accounts means the separate accounts listed in Schedule C which hold the assets supporting the Fund Value of the Variable Annuity Business.

Separate Accounts means the specific separate accounts of the Company identified in Schedule 1.1 (C) hereto.

Examples of Separate Accounts in a sentence

• Notwithstanding anything contained in this Agreement to the contrary, for each of the Reinsured Contracts that relate to the Separate Account Liabilities, the amount invested on a variable basis in accordance with the terms of such Reinsured Contracts shall be held by the Ceding Company in the Separate Accounts, and Premiums with respect to such Reinsured Contracts shall be deposited in the Separate Accounts to the extent required to be deposited therein by the terms of such Reinsured Contracts.

• From and after the Closing Date, the Ceding Company shall retain and own all assets contained in the Separate Accounts and shall hold the Separate Account Reserves with respect to the Reinsured Contracts that are funded, in whole or in part, by one or more of the Separate Accounts and such Separate Account Reserves shall be reported by the Ceding Company on its Separate Account balance sheets, consistent with the Ceding Company Domiciliary State SAP.

• Neither of the Ceding Companies nor any of their Affiliates, have engaged in any violation of any fiduciary duty under ERISA or any nonexempt prohibited transaction under Section 406 of ERISA or Section 4975 of the Code with respect to the ERISA Separate Accounts, in each case, that individually or in the aggregate, have had, or would reasonably be expected to have, a material liability to the Business.

More Definitions of Separate Accounts

Separate Accounts means the registered and unregistered separate accounts of the Ceding Company identified in Schedule B hereto.

Separate Accounts means the registered and unregistered separate accounts of the Ceding Company applicable to the Covered Insurance Policies.

Separate Accounts has the meaning set forth in the Reinsurance Agreement.

Separate Accounts. We are the legal owner of assets in the separate accounts. Income, gains and losses, whether or not realized, from assets allocated to these separate accounts, are credited to or charged against each such separate account in accordance with the terms of the annuities supported by such assets without regard to our general corporate operations or other income, gains or losses or to the income, gains or losses in any other of our separate accounts. We will maintain assets in each separate account with a total market value at least equal to the reserve and other liabilities we must maintain in relation to the annuity obligations supported by such assets. These assets may only be charged with liabilities which arise from such annuities.

Separate Accounts means the separate accounts maintained by the Companies that are utilized in connection with their respective Insurance Contracts.

Separate Accounts means the registered and unregistered separate accounts of the Company identified in Schedule 1.1(D) to the Reinsurance Agreement, other than the Shared Separate Account.

Separate Accounts means the Registered Separate Accounts and the Unregistered Separate Accounts.