Interim Value definition
Examples of Interim Value in a sentence
Amounts withdrawn from a Segment on a date other than the Segment Maturity Date will reflect the Segment’s Segment Interim Value.
The Business Day the Interim Value is reallocated to the Short Duration Fixed Account Option in connection with an Intra-Term Performance Lock.
An elective transaction that allows early transfer of the Interim Value out of an Index Account Option to the Short Duration Fixed Account Option prior to the Index Account Option Term Anniversary.
Fluctuations in index performance or Interim Value may cause the calculation of a Beneficiary's death benefit share to differ from the calculation of another Beneficiary's death benefit share.
Partial Withdrawals will reduce each Index Account Option's value at the beginning of the term in the same proportion that its Interim Value was reduced on the date of the withdrawal.
The Interim Value is the amount of Index Account Option value available for withdrawal, including Intra-Term Performance Lock prior to the end of the Index Account Option term.
The Interim Value is equal to the sum of the Fixed Income Asset Proxy and the Derivative Asset Proxy calculated as described in your Crediting Method endorsements.
If such assignment or cancellation has not occurred by the Closing Date for the Kuwait Company, the Seller and the Purchaser shall use their reasonable efforts to procure the assignment of the Kuwait G4S Trade Marks to the Seller for no or nominal consideration, on terms reasonably acceptable to the Seller, or at the Seller’s discretion, the cancellation of the Kuwait G4S Trade Marks.
We may determine this cap on the Segment Interim Value on a periodic basis, such as monthly or quarterly, rather than daily.
With respect to transfers from a Segment prior to the Segment Maturity Date, such transfers reduce the Segment Investment on a pro rata basis by the same proportion that the Segment Interim Value is reduced on the date of the transfer.