Group Annuity Contract definition

Group Annuity Contract means the group annuity contract or contracts issued by the Insurer through which benefits of the Plan are to be funded.
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Group Annuity Contract means an Annuity Contract under which the obligees are individuals who are affiliated through an employer, trade association, labour union, or other association or group.
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Group Annuity Contract means a single premium, non-participating group annuity contract, and all exhibits thereto, substantially in the form set forth in Schedule 1.01(g).
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Examples of Group Annuity Contract in a sentence

  • Please refer to the Annuity Certificate Number and the Group Annuity Contract Number (shown on the first page of this Certificate) on all notices and forms sent to us.

  • The Insurer is duly qualified or licensed to do business and is in good standing in each jurisdiction in which its performance of its obligations set forth in the Group Annuity Contract makes such qualification or licensing necessary, except in such jurisdictions where the failure to be in good standing or so qualified or licensed is not material.

  • To the extent so designated by the Employer in the Adoption Agreement and in lieu of any lump sum payment of his total Account, a Member who has terminated his Employment may elect in his Request for Distribution to have the value of his total Account be paid as an annuity secured for the Member by the Plan Administrator through a Group Annuity Contract adopted by the Plan.

  • For the avoidance of doubt, this Section 11.13(c) does not apply to Confidential Information regarding the Company or the Plan (other than to the extent required in connection with the Group Annuity Contract).

  • This Rider, unless and until Modified, forms part of the Group Annuity Contract.


More Definitions of Group Annuity Contract

Group Annuity Contract means a contract under which the insurance company undertakes to become liable to pay annuities to or in respect of persons who may subsequently be specified or otherwise ascertained under or in accordance with the contract (whether or not annuities under the contract are also payable to or in respect of persons who are specified or ascertained at the time the contract is made), and
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Group Annuity Contract means an annuity contract
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Group Annuity Contract means Group Annuity Contract 8474-0 issued by Metropolitan Life Insurance Company to provide for the payment of benefits accrued under a terminated pension plan previously maintained by the Company's predecessor.
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Group Annuity Contract means an annuity contract under which the obligees are members;
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Group Annuity Contract means a group annuity contract issued to the City with respect to the Plan, or to the Plan, by an Insurance Company.
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Group Annuity Contract means the group annuity contract entered into between an insurance company and the pension board of trustees.
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Group Annuity Contract means an annuity contract issued to a group and not an individual.
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