Form of Annuities and Payments under the Contract Sample Clauses

The "Form of Annuities and Payments under the Contract" clause defines how annuity payments will be structured and disbursed to the contract holder or beneficiary. It typically outlines the available payment options, such as fixed period, lifetime, or joint-life annuities, and specifies the frequency and method of payment, such as monthly or annually, and whether payments are made by check or direct deposit. This clause ensures that both parties have a clear understanding of how and when payments will be made, reducing the risk of disputes and providing certainty regarding the financial arrangements under the contract.
Form of Annuities and Payments under the Contract. The type, description and forms of annuities (e.g., single life annuity, joint and survivor annuity), payments under the Contract and other terms of the Contract will be consistent with the terms of Prudential’s proposal dated June 7, 2018 and September 21, 2018 (the “Proposal”) as updated to reflect (i) any modifications contemplated in Prudential’s Final Annuity Quote Sheet dated September 25, 2018 (the “Final Annuity Quote Sheet”) and (ii) any modifications mutually agreed to between the parties after the Commitment Agreement Date and before the 35th Business Day prior to the Scheduled GAC Issuance Date. Subject to Prudential’s receipt of the Premium Due Date Transfers, Prudential will make payments to Payees commencing on December 31, 2018 in accordance with the Proposal and the Final Annuity Quote Sheet until the Contract has been issued and, for the avoidance of doubt, will make such payments even if the Contract has not been issued by Prudential as of December 31, 2018. The original annuity exhibit to the Contract will be consistent with the Payees (including annuitants, contingent annuitants, alternate payees and beneficiaries) on Tab DG3 of the Base File.
View SourceView Similar (4)
Form of Annuities and Payments under the Contract. The type, description and forms of annuities (e.g., single life annuity, joint and survivor annuity), payments under the Contract and other terms of the Contract will be consistent with the terms of the Insurer’s proposal dated May 3, 2018 (the “Proposal”) as updated to reflect any modifications mutually agreed to between the parties after the Commitment Agreement Date and before the [*] prior to the True-Up Date. Subject to the Insurer’s receipt of the Premium Due Date Transfers, the Insurer will cooperate with the Company to make Payments to the Plan Trust for June 1, 2018, July 1, 2018 and if necessary, future months, and direct payments to Payees commencing on August 1, 2018 in accordance with the Proposal and the Final Annuity Quote Sheet dated May 3, 2018 (the “Final Annuity Quote Sheet”) until the Contract has been issued and, for the avoidance of doubt, will make such payments even if the Contract has not been issued by the Insurer as of June 1, 2018. The original annuity exhibit to the Contract will be consistent with the payees (including annuitants, contingent annuitants, and alternate payees and beneficiaries in pay status who will be considered annuitants under the Contract as of the Premium Due Date) in the Base Census File. *Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
View Source

Related to Form of Annuities and Payments under the Contract

  • CFR Part 200 or Federal Provision - ▇▇▇▇ Anti-Lobbying Amendment - Continued If you answered "No, Vendor does not certify - Lobbying to Report" to the above attribute question, you must download, read, execute, and upload the attachment entitled "Disclosure of Lobbying Activities - Standard Form - LLL", as instructed, to report the lobbying activities you performed or paid others to perform. Compliance with all applicable standards, orders, or requirements issued under section 306 of the Clean Air Act (42 U.S.C. 1857(h)), section 508 of the Clean Water Act (33 U.S.C. 1368), Executive Order 11738, and Environmental Protection Agency regulations (40 CFR part 15). (Contracts, subcontracts, and subgrants of amounts in excess of $100,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members requires the proposer certify that in performance of the contracts, subcontracts, and subgrants of amounts in excess of $250,000, the vendor will be in compliance with all applicable standards, orders, or requirements issued under section 306 of the Clean Air Act (42 U.S.C. 1857(h)), section 508 of the Clean Water Act (33 U.S.C. 1368), Executive Order 11738, and Environmental Protection Agency regulations (40 CFR part 15). Does vendor certify compliance? Yes

  • How Are Contributions to a ▇▇▇▇ ▇▇▇ Reported for Federal Tax Purposes You must file Form 5329 with the IRS to report and remit any penalties or excise taxes. In addition, certain contribution and distribution information must be reported to the IRS on Form 8606 (as an attachment to your federal income tax return.)

  • Calculation and Payment of Additional Rent Tenant shall pay to Landlord, in the manner set forth in Section 4.4.1, below, and as Additional Rent, Tenant’s Share of Direct Expenses for each Expense Year.

  • Obligations of Business Associate Upon Termination Upon termination of this Agreement for any reason, business associate shall return to covered entity or, if agreed to by covered entity, destroy all protected health information received from covered entity, or created, maintained, or received by business associate on behalf of covered entity, that the business associate still maintains in any form. Business associate shall retain no copies of the protected health information.

  • Payment of Sales, Use or Similar Taxes All sales, use, transfer, intangible, recordation, documentary stamp or similar Taxes or charges, of any nature whatsoever, applicable to, or resulting from, the transactions contemplated by this Agreement shall be borne by the Sellers.