Terminal reserve definition

Terminal reserve means the reserve at the end of the con- tract year which is the present value of benefits expected to be incurred after that contract year minus the present value of future valuation net premiums.
Terminal reserve means the reserve at the end of a con- tract year, which is the present value of benefits expected to be in-
Terminal reserve means the reserve at the end of the contract year which is equal to the

More Definitions of Terminal reserve

Terminal reserve and "Terminal Reserve Adjustment" shall have the meanings set forth in Article XVI.
Terminal reserve means ARRC’s Seward Terminal Reserve, including but not limited to the ARRC Dock, as defined above, and storage and parking areas and other facilities that may occasionally be used for activities associated with this Permit; provided, however, that for purposes of this Permit, “Terminal Reserve” does not refer to or include any portion of the SCLF.

Related to Terminal reserve

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Transportation fuel means electricity and any liquid or

  • Airport hazard means any structure, object of natural growth, or use of land which obstructs the airspace required for the flight of aircraft in landing or taking off at an airport, or is otherwise hazardous to such landing or taking off of aircraft.