ALLOCATION OF NET definition

ALLOCATION OF NET. Monthly For any Distribution Date, any Net Monthly Excess Cashflow: Excess Cashflow shall be paid as follows:
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ALLOCATION OF NET. PAYMENTS When we receive Payments, the Net Payments will be allocated among Investment Options in accordance with the allocation percentages shown on the Specifications Pages. You may change the allocation of subsequent Net Payments at any time, without charge, by Written Request. VENTURE-B.11-NY 5 SAMPLE
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ALLOCATION OF NET. PREMIUM: General Account to provide Fixed Income Payments: [50% of the Net Premium] Subaccounts to provide Variable Income Payments: [50% of the Net Premium] Maximum Percentage That May Be Allocated to the General Account Prior to the Income Start Date in Order to Provide Fixed Income Payments: [80% of the Net Premium]
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Examples of ALLOCATION OF NET in a sentence

  • ALLOCATION OF NET PAYMENTS When we receive Payments, the Net Payments will be allocated among Investment Options in accordance with the allocation percentages shown on the Specifications Page.

  • ALLOCATION OF NET PAYMENTS When we receive Payments, the Net Payments will be allocated among the Investment Option(s).

  • ALLOCATION OF NET When we receive Payments, the Net Payments will be allocated among the Investment Option(s).

  • ALLOCATION OF NET PREMIUM Except as otherwise provided herein, Net Premium will be allocated to the Sub-Accounts in accordance with the allocation percentages specified by You.

  • ALLOCATION OF NET PAYMENTS When we receive Payments, the Net Payments will be allocated among the Investment Options.

  • ALLOCATION OF NET PAYMENT When we receive the Payment, the Net Payment will be allocated to the Initial Guarantee Period as shown on the Specifications Page.

  • ALLOCATION OF NET PREMIUM The allocation of your Net Premium between the General Account, providing Fixed Income Payments, and the Subaccounts, providing Variable Income Payments, is shown on the Contract Data Pages.

  • ALLOCATION OF NET When we receive Payments, the Net Payments will be PAYMENTS allocated among Investment Options in accordance with the allocation percentages shown on the Specifications Page.

  • ALLOCATION OF NET PURCHASE PAYMENTS - You elect the allocation of the initial Net Purchase Payment at the time You purchase this Contract.

  • ALLOCATION OF NET PURCHASE PAYMENTS The net purchase payments will be allocated among the Divisions of the Separate Accounts in the proportion shown in the application or as you may choose at a later date.


More Definitions of ALLOCATION OF NET

ALLOCATION OF NET. MONTHLY For any Distribution Date, any Net Monthly EXCESS CASHFLOW: Excess Cashflow shall be paid as follows:
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ALLOCATION OF NET. MONTHLY For any Distribution Date, any Net Monthly EXCESS CASHFLOW: Excess Cashflow shall be paid as follows: (i) to the Class M-1 Certificates, the unpaid interest shortfall amount; (ii) to the Class M-1 Certificates, the allocated unreimbursed realized loss amount; (iii) to the Class M-2 Certificates, the unpaid interest shortfall amount; (iv) to the Class M-2 Certificates, the allocated unreimbursed realized loss amount; (v) to the Class B-1 Certificates, the unpaid interest shortfall amount; (vi) to the Class B-1 Certificates, the allocated unreimbursed realized loss amount; (vii) to the Class B-2 Certificates, the unpaid interest shortfall amount; (viii) to the Class B-2 Certificates, the allocated unreimbursed realized loss amount; (ix) any Class A Basis Risk Carry Forward Amount to the Class A Certificates, and (x) sequentially, to Classes M-1, M-2, B-1, B-2 and Certificates, in that order, any Basis Risk Carry Forward Amount for such classes.
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Related to ALLOCATION OF NET

  • Final Allocation has the meaning set forth in Section 2.3.

  • Third Allocation of Principal means, with respect to any Payment Date, an amount equal to (1) the excess, if any, of (a) the sum of the Class A Note Balance, the Class B Note Balance and the Class C Note Balance as of such Payment Date (before giving effect to any principal payments made on the Class A Notes, the Class B Notes and the Class C Notes on such Payment Date) over (b) the Pool Balance as of the end of the related Collection Period minus (2) the sum of the First Allocation of Principal and the Second Allocation of Principal for such Payment Date; provided, however, that the Third Allocation of Principal on and after the Final Scheduled Payment Date for the Class C Notes shall not be less than the amount that is necessary to reduce the outstanding principal amount of the Class C Notes to zero (after the application of the First Allocation of Principal and the Second Allocation of Principal).

  • Fourth Allocation of Principal means, with respect to any Payment Date, an amount equal to (1) the excess, if any, of (a) the sum of the Class A Note Balance, the Class B Note Balance, the Class C Note Balance and the Class D Note Balance as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date) over (b) the Pool Balance as of the end of the related Collection Period minus (2) the sum of the First Allocation of Principal, the Second Allocation of Principal and the Third Allocation of Principal for such Payment Date; provided, however, that the Fourth Allocation of Principal on and after the Final Scheduled Payment Date for the Class D Notes shall not be less than the amount that is necessary to reduce the outstanding principal amount of the Class D Notes to zero (after the application of the First Allocation of Principal, the Second Allocation of Principal and the Third Allocation of Principal).

  • Allocation has the meaning set forth in Section 3.3.

  • First Allocation of Principal means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the Class A Note Balance as of such Payment Date (before giving effect to any principal payments made on the Class A Notes on such Payment Date) over (b) the Pool Balance as of the end of the related Collection Period; provided, however, that the First Allocation of Principal for any Payment Date on and after the Final Scheduled Payment Date for any Class of Class A Notes shall not be less than the amount that is necessary to reduce the Note Balance of that Class of Class A Notes to zero.