Side fund definition
Side fund means a fund or reserve that is part of or otherwise attached to a life insurance policy (excluding individually issued annuities) by rider, endorsement or other mechanism which accumulates premium or deposits with interest or by other means. The term does not include:
Side fund means a fund or reserve that is part of or is attached to a life insurance policy or certificate (except for indi- vidually issued annuities) by rider, endorsement, or other mechanism which accumulates premium or deposits with interest or by other means. The term does not include:
Side fund means an account or reserve that is part of or otherwise attached to a life insurance policy, excluding individually issued annuities by rider, endorsement, or other means. The term "side fund" does not include:
More Definitions of Side fund
Side fund means a fund or reserve that is part of or otherwise
Side fund means a fund or reserve that is part of or otherwise attached to a life insurance policy (excluding individually issued annuities) by rider, endorsement or other mechanism which accumulates premium or deposits at interest or by other means. The term does not include accumulated or cash value or secondary guarantees provided by a universal life policy nor does it include cash values provided by a whole life policy which are subject to standard nonforfeiture law for life insurance.
Side fund means a fund or reserve that is part of or otherwise attached to a life insurance policy (excluding individually issued annuities) by rider, endorsement or other
Side fund means a fund or reserve that is part of or otherwise attached to a life insurance policy (excluding individually issued annuities) by rider, endorsement or other mechanism which accumulates premium or deposits at interest or by other means. The term does not include (A) accumulated or cash value or secondary guarantees provided by a universal life policy; (B) cash values provided by a whole life policy which are subject to standard nonforfeiture law for life insurance; (C) or a premium deposit fund which (i) contains only premiums paid in advance which accumulate at interest; (ii) imposes no penalty for withdrawal; (iii) does not permit funding beyond future required premiums; (iv) is not marketed or intended as an investment; and (v) does not carry a commission, either
Side fund means Green Equity Investors Side III, L.P. and “Agent” means Credit Suisse, New York branch, solely in its capacity as agent for CSI, Counterparty and Side Fund.
Side fund means a fund or reserve that is part of or other- wise attached to a life insurance policy (excluding individu- ally issued annuities) by rider, endorsement or other mecha- nism which accumulates premium or deposits with interest or by other means. The term does not include:
Side fund shall have the meaning set forth in the Preamble. Software shall mean the software and related items listed on the attached Schedule D.