Amount Available for Withdrawal. The amount is the Contract Value as of the end of the Business Day on which the Withdrawal request is effective, less any: · Withdrawal Charges; · charges for expenses relating to Riders attached to the Contract; · charges for Annual Fees; and · charges for Premium Taxes and/or other taxes. The amount we send you (the “Withdrawal proceeds”) will also reflect any required or requested federal and/or state income tax withholding. Full Withdrawal – You may, on or before the Annuity Date, make a Full Withdrawal under this Contract for its Withdrawal proceeds, while the Owner or Annuitant in the case of a Non-Natural Owner, is living and the Contract is active. A Full Withdrawal will terminate the Contract and we will have no further obligations under the Contract.
Appears in 2 contracts
Samples: Read Your Contract (Separate Account a of Pacific Life & Annuity Co), Read Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co)
Amount Available for Withdrawal. The amount is the Net Contract Value as of the end of the Business Day on which the Withdrawal request is effective, less any: · Withdrawal Charges; · charges for expenses relating to Riders attached to the Contract; · charges for Annual Fees; and · charges for Premium Taxes and/or other taxes. The amount we send you (the “Withdrawal proceeds”) will also reflect any required or requested federal and/or state income tax withholding. Full Withdrawal – — You may, on or before the Annuity Date, make a Full Withdrawal under this Contract for its Withdrawal proceeds, while the Owner or Annuitant in the case of a Non-Natural Owner, is living and the Contract is active. A Full Withdrawal will terminate the Contract and we will have no further obligations under the Contract.
Appears in 1 contract
Samples: Read Your Contract (Separate Account a of Pacific Life Insurance Co)
Amount Available for Withdrawal. The amount is the Contract Value as of the end of the Business Day on which the Withdrawal request is effective, less any: · Withdrawal Charges; · charges for expenses relating to Riders attached to the Contract; · charges for Annual Fees; and · charges for Premium Taxes and/or other taxes. The amount we send you (the “Withdrawal proceeds”) will also reflect any required or requested federal and/or state income tax withholding. Full Withdrawal – You may, on or before the Annuity Date, make a Full Withdrawal under this Contract for its Withdrawal proceeds, while the Owner or Annuitant in the case of a Non-Natural Owner, is living and the Contract is active. A Full Withdrawal will terminate the Contract and we will have no further obligations under the Contract.. ICC20:10-1020 11
Appears in 1 contract
Samples: Individual Flexible (Separate Account a of Pacific Life Insurance Co)
Amount Available for Withdrawal. The amount is the Contract Value as of the end of the Business Day on which the Withdrawal request is effective, less any: · Withdrawal Charges; · charges for expenses relating to Riders attached to the Contract; · charges for Annual Fees; and · charges for Premium Taxes and/or other taxes. The amount we send you (the “Withdrawal proceeds”) will also reflect any required or requested federal and/or state income tax withholding. Full Withdrawal – — You may, on or before the Annuity Date, make a Full Withdrawal under this Contract for its Withdrawal proceeds, while the Owner or Annuitant in the case of a Non-Natural Owner, is living and the Contract is active. A Full Withdrawal will terminate the Contract and we will have no further obligations under the Contract.
Appears in 1 contract
Samples: Read Your Contract (Separate Account a of Pacific Life Insurance Co)
