Aggregate Contract Value definition

Aggregate Contract Value means, with respect to any date of determination, the sum of the Contract Values for all Receivables (other than (i) any Receivable (other than a Purchased Receivable) that became a Liquidated Receivable during the related Collection Period and (ii) any Receivable (other than a Liquidated Receivable) that was purchased or repurchased by any Person pursuant to this Agreement during the related Collection Period) as of the date of determination.
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Aggregate Contract Value means, as of any particular time, the aggregate amount of all Contract Values with respect to Bonds issued under this Agreement then not discharged or released; PROVIDED HOWEVER, that the Value of any Contract which is an open joint venture shall be excluded from Aggregate Contract Value if the Bond is issued based solely on the basis of the credit of an open joint venture partner in said joint venture. "AGREEMENT" shall mean this Agreement.
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Aggregate Contract Value as used above is the sum of the Contract Values of all applicable contracts.
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Examples of Aggregate Contract Value in a sentence

  • The Age Adjusted Aggregate Contract Value is the sum of the contract values in all of NASL's variable annuities subject to this Agreement, minus contract values attributable to amounts in excess of the maximum purchase amounts listed in Schedule A.

  • The premium is a flat basis point charge applied to Adjusted Aggregate Contract Value.

  • SCHEDULE C PREMIUM RATE SCHEDULE The Adjusted Aggregate Contract Value is the sum of the Contract Values in all of the Ceding Company's variable annuities contracts subject to this Agreement minus Contract Values attributable to amounts in excess of the maximum purchase amounts as described in Article II-1.

  • The Age Adjusted Aggregate Contract Value is the sum of the contract values in all of National Integrity Life’s variable annuities subject to this Agreement, minus contract values for certificate holders who are Attained Age 89 or older and minus contract values attributable to amounts in excess of the maximum purchase amounts listed in Schedule A.

  • The Age Adjusted Aggregate Contract Value is the sum of the contract values in all of NATIONAL INTEGRITY LIFE’s variable annuities subject to this Agreement, minus contract values for certificate holders who are ATTAINED AGE 85 OR OLDER and minus contract values attributable to amounts in excess of the maximum purchase amounts listed in Schedule A.

  • Issue Ages Cost of Reinsurance 0 - 85 [REDACTED] P▇▇▇▇▇, D▇▇▇ ▇▇▇▇▇▇ & LEADERS SERIES: Issue Ages Cost of Reinsurance 0 - 85 [REDACTED] The Average Monthly Aggregate Contract Value is defined as beginning of month Adjusted Aggregate Contract Value plus end of month Adjusted Aggregate Contract Value, divided by two.

  • The Adjusted Aggregate Contract Value is the sum of the contract values in all of PHL Variable’s variable annuities subject to this Agreement, minus contract values PHL Variable CIGNA Reinsurance Edge Series/T▇▇▇▇▇▇▇▇ - 2 - July 25, 1996 attributable to amounts in excess of the maximum purchase amounts listed in Schedule A and excluding Annuitants age 85 and older following the next Contract anniversary.

  • The Adjusted Aggregate Contract Value is the sum of the contract values in all of Phoenix Home Life’s variable annuities subject to this Agreement, minus contract values attributable to amounts in excess of the maximum purchase amounts listed in Schedule A.

  • The Age Adjusted Aggregate Contract Value is the sum of the contract values in all of SAFECO's variable annuities subject to this Agreement, minus contract values attributable to amounts in excess of the maximum purchase amounts listed in Schedule A.

  • For calculating the minimums and maximums described in paragraphs 2-8 above, the Age Adjusted Aggregate Contract Value is the average of the values taken on the beginning of each quarter and the end of each quarter.


More Definitions of Aggregate Contract Value

Aggregate Contract Value as used above is the sum of the Contract Values of all applicable contracts. The contract is amended by the addition of the following sentence at the end of the first paragraph of the Settlement of the Death Benefit provision under the Calculation of the Death Benefit Provisions: The Beneficiary may elect any available settlement option offered under the contract, unless the Contract Owner has designated the settlement option for that Beneficiary. The available settlement options include any of the Annuity Options under the contract or any other options then being offered by Us. The contract is amended by the addition of the following Fixed Account Restrictions and Adjustments to the Minimum Fixed Account Interest Rate provisions, if applicable: Anything in said contract to the contrary notwithstanding, the Company reserves the right until further notice to restrict any premium payments, subsequent premium payments, exchanges, or existing Sub-Account transfers instructed by the Contract Owner or authorized designees for allocation to the Fixed Account whenever the credited interest rate on the Fixed Account is equal to the Minimum Fixed Account Interest Rate specified under the contract. Anything in said contract to the contrary notwithstanding, the Company reserves the right to adjust and restate the Minimum Fixed Account Interest Rate in the event that applicable state insurance law modifies its statutory required minimum interest rate following the issuance of said contract.
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Aggregate Contract Value means, as of any date of determination, the sum of the Contract Values for the ten (10) Qualifying Licenses with the greatest Contract Values as of such date; provided, that if any License with a Contract Value included in the Aggregate Contract Value is the subject of a Permitted IP Disposition, the Aggregate Contract Value shall, as of each subsequent date of determination, include a lesser number of Licenses after taking into account such Permitted IP Disposition and all other Permitted IP Dispositions involving Licenses previously included in the Aggregate Contract Value (e.g., if three (3) Licenses have been the subject of Permitted Dispositions as of a date of determination, two (2) of which had been included in the Aggregate Contract Value as of a prior date of determination, the Aggregate Contract Value shall be equal to the sum of the Contract Values for the eight (8) Qualifying Licenses with the greatest Contract Value as of the such date).
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Related to Aggregate Contract Value

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Contract Value means that portion of the Contract Price adjusted to give effect to such additions or deductions as are provided for in the Contract which is properly apportion-able to the Goods or Services in question.

  • Average Contract Value means the higher of (inclusive of carbon tax but exclusive of goods and services tax) the (i) average of the total amount payable by the Consumer to the Retailer based on the average electricity consumption of three (3) months (before the date of termination) or (ii) the total amount payable by the Consumer to the Retailer based on the Declared Monthly Consumption.

  • The Contract Value means the amount payable to the Bidder under the contract for the full and proper performance of its contractual obligations.