Segment Value definition
Examples of Segment Value in a sentence
The Segment Value on the Segment Date is equal to the amount transferred to the Indexed Account at such time.
Segment Value The “Segment Value” of a Segment Option at any time is determined based on the provisions of the applicable Strategy Endorsement.
At the end of a Segment Term, the Segment Value is either transferred to a new Indexed Account Segment, or to the Fixed Account.
Moreover, by signing the Agreement, the Engineer is certifying to the Authority that the Engineer shall not enter into any subcontract with a subcontractor or a subconsultant that is debarred or suspended by the Texas Department of Transportation or any federal agency.
At any later date, the Segment Value is equal to: · The Segment Value as of the prior day; · Plus the Segment Guaranteed Interest since the prior day; · Minus any Segment Deductions since the prior day; · Plus, at Segment Maturity only, any Segment Indexed Interest credited.
You must also specify the amount that is to be transferred, either as a total dollar amount or as a whole percentage of the Segment Value of the Segment Option from which the funds are being transferred.
Monthly Average Segment Value (MASV) - The sum of the Segment Values on each Monthly Anniversary during the Segment Duration divided by the number of months in the Segment Duration.
Segment Value Transfers At each Segment End Date that occurs before the Annuity Date, you may elect to transfer some or all of the Segment Value from a Segment Option into one or more of your contract’s other Segment Options, subject to any transfer limitations specified in the Strategy Endorsements.
The Segment Fee for all Floor Segment Options is shown on the Segment Contract Schedule and is guaranteed not to change.} The initial Segment Fee Base is equal to the Segment Value on the Segment Start Date.
If the Segment Maturity Date is less than one year prior to the Maturity Date in Section 1, the Segment Value at Segment Maturity will automatically be transferred to the Traditional Fixed Account.