Market Value Adjustments Clause Samples
A Market Value Adjustment (MVA) clause allows for the recalculation of the value of an investment or contract based on current market conditions at the time of withdrawal or surrender. Typically, this means that if a policyholder withdraws funds from a fixed annuity or similar financial product before a specified period ends, the amount received may be increased or decreased depending on prevailing interest rates or market values. The core function of this clause is to protect the issuing company from losses due to interest rate fluctuations and to ensure fairness by aligning payouts with current market realities.
Market Value Adjustments. Appropriate Capital Account adjustments will be made upon any Transfer of any Units, including those that apply upon the constructive liquidation of the Company under § 708(b) of the Code, all in accordance with the § 704(b) Regulations. Similarly, if optional basis adjustments are made under § 734 or § 743 of the Code, appropriate Capital Account adjustments will be made as required by the § 704(b) Regulations.
Market Value Adjustments. The Tax Matters Partner is authorized and directed to make appropriate Capital Account adjustments upon any Transfer of an Ownership Interest made in accordance with this Agreement in accordance with the § 704(b) Regulations. If optional basis adjustments are made under § 734 or § 743 of the Code, the Tax Matters Partner is authorized to make appropriate Capital Account adjustments as required by the § 704(b) Regulations.
Market Value Adjustments. 11 3.7 No Withdrawal of Capital.................... 11 3.8 No Interest on Capital...................... 11 3.9
Market Value Adjustments. Each Member agrees to make appropriate adjustments to the Capital Account of such Member upon any Transfer of Membership Interests, including those that apply upon the constructive liquidation of the Company under ss.708(b)(1) of the Code or the liquidation of a Member's Membership Interests, all in accordance with the ss.704(b) Regulations.
Market Value Adjustments. 36 Section 12.4 Transfer...................................................36
Market Value Adjustments. No Withdrawal of Capital.
Market Value Adjustments. A Market Value Adjustment may apply to the Portfolio Average Accounts and the Guaranteed Investment Accounts. A Market Value Adjustment is calculated by multiplying the balance of the account to which the Market Value Adjustment applies by the applicable Market Value Adjustment Factor.
Market Value Adjustments. In order to satisfy a request for either a transfer or cash withdrawal, it may be necessary to surrender one or more GDAs prior to the end of their investment term. This will require a Market Value Adjustment. We will only surrender the portion of a GDA required at that time. The remaining portion of that GDA is left to accumulate at the same interest rate and term in effect for that GDA from which the partial surrender was taken, subject to plan minimums. The Market Value Adjustment determines a present value for a GDA being surrendered prior to the end of its investment term. For withdrawals from the Contract the adjustment consists of discounting the projected maturity value of the GDA at the higher of the credited and the then current interest rates for the original term and band, as determined by the Company, plus one percent. For transfers within the Contract the adjustment consists of discounting the projected Maturity Value of the GDA deposit being transferred at the higher of the credited and the then current interest rates for the original term and band. A Market Value Adjustment is not applicable if a GDA is used to pay the Death Benefit.
Market Value Adjustments. The General Partner is authorized and directed to make appropriate Capital Account adjustments upon any Transfer of a Unit, including those that apply upon the constructive Liquidation of the Partnership under § 708(b) of the Code, all in accordance with the § 704(b) Regulations. Similarly, if optional basis adjustments are made under § 734 or § 743 of the Code, the General Partner is authorized to make appropriate Capital Account adjustments as required by the § 704(b) Regulations.
Market Value Adjustments. 21 3.8 No Withdrawal of Capital...................................................... 21 3.9 No Interest on Capital........................................................ 21 3.10 Adjustment to Number of Units Outstanding..................................... 21 ARTICLE 4: ALLOCATION OF NET INCOME AND NET LOSSES........................................ 21 4.1 Allocation of Net Income and Net Loss......................................... 21 4.2