ANNUITY PAYMENT DATE Clause Samples
ANNUITY PAYMENT DATE. The date on which the Owner is entitled to the first annuity benefit payment. Subsequent annuity benefit payments will be made on the same day of the month as the first annuity benefit payment, at the applicable frequency.
ANNUITY PAYMENT DATE. This is the date on which the first Annuity Payment will be made to a Payee. The First Annuity Payment Date is shown on the Contract Schedule.
ANNUITY PAYMENT DATE. The date on which the Owner is entitled to the annuity benefit payment.