Annuity Certificates. AUL shall issue to each person for whom an annuity is purchased from AUL a certificate setting forth the amount and terms of payment of the annuity.
Annuity Certificates. We issue to each person for whom an annuity is purchased a certificate setting forth the annuity's amount and terms. P-C-TDAMFVA-GMDB(BR).14
Annuity Certificates. Insurer will use commercially reasonable efforts to obtain all regulatory approvals that are necessary for the issuance of any annuity certificate. Insurer will mail an annuity certificate to (i) each immediate annuitant by [ * * * ] and (ii) each deferred annuitant no more than [ * * * ] following the mailing of the Welcome Kit, subject to receiving regulatory approvals for any such annuity certificate, if needed. To the extent that any changes are made to the forms of annuity certificates or the related benefit terms after Company, Insurer and Independent Fiduciary have agreed on the forms of annuity certificates to be filed and the related benefit terms, the mailing of an annuity certificate to each applicable annuitant will be extended by the number of days elapsed since Company, Insurer and Independent Fiduciary had first agreed on the form of such annuity certificate and the related benefit terms. Notwithstanding anything to the contrary in this paragraph 8.c, in the event that Insurer has not been provided with the Required Data for any annuitant, contingent annuitant, deferred annuitant, dependent spouse, alternate payee, beneficiary or any other payee, Insurer may delay the mailing of the Welcome Kit and annuity certificate to such annuitant, contingent annuitant, deferred 147 ***CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WITH THE COMMISSION*** annuitant, dependent spouse, alternate payee, beneficiary or any other payee until such time as Insurer has been provided with the Required Data.
Annuity Certificates. We issue to each person for whom an annuity is purchased a certificate setting forth the annuity's amount and terms.
Annuity Certificates. After securing any applicable regulatory approvals, Prudential will issue an annuity certificate to each Annuitant, each Contingent Annuitant receiving payments on the certificate issuance date, and each Alternate Payee entitled to payments under a Separate Interest QDRO. Each annuity certificate will set forth in substance the payments to which each certificate-holder is entitled under this Contract. Each annuity certificate will provide that only the certificate-holder has the right to Annuity Payments under this Contract, and that such right to Annuity Payments is enforceable by the certificate-holder solely against Prudential and against no other person including the Plan, the Contract-Holder, or any affiliate thereof. Each annuity certificate will describe the consequences of any Data Misstatements, including Prudential’s rights and obligations relating to such Data Misstatements. Prudential may issue a substitute annuity certificate to correct errors contained in the previously issued annuity certificate, whereupon the previously issued annuity certificate will be null and void. The rights of Annuitants, Contingent Annuitants, and Alternate Payees entitled to payments under a Separate Interest QDRO under this Contract are not conditioned upon the issuance of annuity certificates, and any delay in issuing annuity certificates to such individuals does not delay the date on which the individuals begin to have third-party beneficiary rights as specified under this Contract.
Annuity Certificates. MetLife will issue to the Owner of an Annuity purchased under this Contract a Certificate describing the benefits provided thereunder.
Annuity Certificates. Prudential will mail an annuity certificate to each applicable Payee on or before the later of (i) 20 Business Days after the Contract is issued and (ii) 120 Business Days after the date on which the Welcome Kit is mailed to Payees, in each case, subject to receiving regulatory approvals for any such annuity certificate, if needed. To the extent that any changes are made to the forms of annuity certificates or the related benefit terms after the Company, the Independent Fiduciary and Prudential have agreed on the forms of annuity certificates to be filed and the related benefit terms, the mailing of an annuity certificate to each applicable Payee shall be extended by the number of days elapsed since the Company, the Independent Fiduciary and Prudential had first agreed on the forms of such annuity certificates and the related benefit terms. Each annuity certificate will include a statement informing a Payee of his or her right to obtain a copy of the Contract (redacted to exclude information concerning other annuitants) and the right to enforce all provisions of the Contract. The rights of a Payee are not conditioned on the issuance of the annuity certificates, and any delay in issuing a certificate shall not have any effect on the date as of which the Payee has enforceable rights against Prudential.
Annuity Certificates. Upon the initial purchase of an Income Annuity amount, MetLife will issue and deliver to the Annuitant a Certificate describing the Income Annuity provided under this Contract. At the time Income Annuity payments begin, the Annuitant will receive an additional certificate that specifies and describes the form of annuity elected, the initial amount the Annuitant will receive, how often the Annuitant will receive payments, and how long the payments will be made.
Annuity Certificates. 3 2.06 Death of Annuitant Before Annuity Commencement Date.......... 4 2.07 Surrender of Annuity Before Annuity Commencement Date........ 4 2.08 Proof that Annuitant is Alive on Annuity Commencement Date... 4
Annuity Certificates. The Insurer will use reasonable best efforts to obtain all regulatory approvals necessary for the issuance of any annuity certificate under the Contract; provided that no regulatory approvals shall be required prior to the commencement of a Buy-Out Conversion under the Contract. The Insurer will mail an annuity certificate to each Payee entitled to an annuity certificate under the terms of the Contract (each, a “Certificate Payee”) no later than the latest of: (1) twenty (20) Business Days following the consummation of a Buy-Out Conversion, (2) sixty (60) days after all required regulatory approvals of the annuity certificates have been obtained, (3) 120 Business Days following the date on which the Welcome Kit is mailed and (4) thirty (30) Business Days after the parties, each acting in good faith, have agreed upon the forms of annuity certificates (which need not include a customized annuity form description). The rights of a Certificate Payee are not conditioned on the issuance of his/her annuity certificate, and any delay in issuing a certificate will not have any effect on the date as of which such Certificate Payee has enforceable rights against the Insurer.
