Allocation of Transferred Assets. Upon the Group Annuity Contract Issuance, the Insurer will allocate the Transferred Assets transferred at Closing in to its General Account.
Appears in 2 contracts
Sources: Definitive Purchase Agreement (Kimberly Clark Corp), Definitive Purchase Agreement (Kimberly Clark Corp)
Allocation of Transferred Assets. Upon the Group Annuity Contract Issuance, the Insurer will allocate the Transferred Assets transferred at Closing in to into its General Account.
Appears in 2 contracts
Sources: Definitive Purchase Agreement (Kimberly Clark Corp), Definitive Purchase Agreement (Kimberly Clark Corp)
Allocation of Transferred Assets. Upon the Group Annuity Contract Contracts Issuance, the Insurer will allocate the Transferred Assets transferred at Closing to the commingled separate account established by Insurer in to its General Accountconnection with the Group Annuity Contracts, less any premium taxes.
Appears in 1 contract
Allocation of Transferred Assets. Upon the Group Annuity Contract Issuance, the Insurer will allocate deposit the Transferred Assets and Cash Payment, if any, transferred at Closing in to its General into the Guaranteed Separate Account.
Appears in 1 contract
Allocation of Transferred Assets. Upon the Group Annuity Contract Issuance, the Insurer will allocate the Transferred Assets transferred at Closing in to its General Accountthe general account of Insurer.
Appears in 1 contract