CONTRACT PROCESSING PERIOD Sample Clauses

The CONTRACT PROCESSING PERIOD clause defines the specific timeframe during which the parties must complete all necessary steps to process and finalize the contract. This period typically starts from a triggering event, such as the signing of a preliminary agreement, and ends upon the fulfillment of certain conditions, like obtaining approvals or completing due diligence. By clearly establishing deadlines for contract-related actions, this clause helps ensure timely progress, prevents unnecessary delays, and provides both parties with a predictable schedule for moving forward.
CONTRACT PROCESSING PERIOD. The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. GA-IA-1059 IMPORTANT TERMS (continued) --------------------------------------------------------------------------EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated. GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Variable Separate Accounts. GUARANTEED INTEREST RATE - The effective annual interest rate which we will credit for a specified Guarantee Period. GUARANTEED MINIMUM INTEREST RATE - The minimum interest rate which can be declared by us for allocations to a Guaranteed Interest Division. INDEX OF INVESTMENT EXPERIENCE - The index that measures the performance of a Variable Separate Account Division. INITIAL PREMIUM - The payment amount required to put each Contract in effect. ISSUE AGE - The Annuitant's or Owner's age on the last birthday on or before the Contract Date. MATURITY DATE - The date on which a Guarantee Period matures. OWNER - The person who owns a Contract and is entitled to exercise all rights of the Contract. This person's death also initiates payment of the death benefit. RIDERS - Riders add provisions or change the terms of the Contract. SPECIALLY DESIGNATED DIVISION - Distributions from a portfolio underlying a Division in which reinvestment is not available will be allocated to this Division unless you specify otherwise. VALUATION DATE - The day at the end of Division is valued. a Valuation Period when each VALUATION PERIOD - Each business day together with any non-business days before it. VARIABLE SEPARATE ACCOUNT DIVISION - An investment option available in the Variable Separate Account shown on the Schedule. GA-IA-1059 INTRODUCTION TO THIS CONTRACT --------------------------------------------------------------------------THE CONTRACT This is a legal contract between y...
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CONTRACT PROCESSING PERIOD. The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. CHARGE DEDUCTION DIVISION - The Division from which all charges are deducted if so designated or elected by you. CONTINGENT ANNUITANT - The person designated by you who, upon the Annuitant's death prior to the Annuity Commencement Date, becomes the Annuitant. GA-IA-1108 4 <PAGE> IMPORTANT TERMS (continued) -------------------------------------------------------------------------------- EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. FIXED ACCOUNT - This is the Separate Account established to support Fixed Allocations. FIXEDALLOCATION - An amount allocated to the Fixed Account that is credited with a Guaranteed Interest Rate for a specified Guarantee Period. ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/Archives/▇▇▇▇▇/data/836687/000083727603000061/gaia1108-indco... 11/18/2016 GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Fixed Allocation or allocations to a Guaranteed Interest Division. GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Separate Accounts. GUARANTEED INTEREST RATE - The effective annual interest rate which we will credit for a specified Guarantee Period.
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Related to CONTRACT PROCESSING PERIOD

  • Billing Period The calendar month shall be the standard period for all charges and payments under this Agreement. On or before the fifteenth (15th) day following the end of each month, Seller shall render to Buyer an invoice for the payment obligations incurred hereunder during the preceding month, based on the Energy Delivered in the preceding month, and any RECs deposited in Buyer’s GIS account or a GIS account designated by Buyer to Seller in writing in the preceding month. Such invoice shall contain supporting detail for all charges reflected on the invoice, and Seller shall provide Buyer with additional supporting documentation and information as Buyer may request.

  • Interconnection Customer Payments Not Taxable The Parties intend that all payments or property transfers made by the Interconnection Customer to the Participating TO for the installation of the Participating TO's Interconnection Facilities and the Network Upgrades shall be non-taxable, either as contributions to capital, or as a refundable advance, in accordance with the Internal Revenue Code and any applicable state income tax laws and shall not be taxable as contributions in aid of construction or otherwise under the Internal Revenue Code and any applicable state income tax laws.

  • Processing operations The personal data transferred will be subject to the following basic processing activities (please specify):

  • Prevention Care Services and Early Detection Services See Prevention and Early Detection Services section for details. 0% Not Covered Must be performed by a certified home health care agency. 0% - After deductible Not Covered

  • C1 Contract Price In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).