Common use of Application of Contract Value Clause in Contracts

Application of Contract Value. Prior to the Annuity Date, you may elect to convert all or part of the Net Contract Value less any charge for premium taxes and/or other taxes, to any currently offered Annuity Option. The aggregate net amount you convert must be at least $10,000; otherwise, we reserve the right to terminate this Contract and pay a single amount equal to the withdrawal proceeds as determined under the Amount Available for Withdrawal provision.

Application of Contract Value. Prior to the Annuity Date, you may elect to convert all or part of the Net Contract Value Value, less any charge for premium taxes and/or other taxes, to any currently offered Annuity Option. The aggregate net amount you convert must be at least $10,0002,000 or an amount that would provide an income of less than $20 per month; otherwise, we reserve the right to terminate this Contract and pay such aggregate net amount in a single amount equal to the withdrawal proceeds as determined under the Amount Available for Withdrawal provisionsum.

Application of Contract Value. Prior to the Annuity Date, you may elect to convert all or part of the Net Contract Value less any charge for premium taxes and/or other taxes, to any currently offered Annuity Option. The aggregate net amount you convert must be at least $10,0002,000 or an amount that would provide an income of at least $20 per month; otherwise, we reserve the right to terminate this Contract and pay such aggregate net amount in a single amount equal to the withdrawal proceeds as determined under the Amount Available for Withdrawal provisionsum.

Application of Contract Value. Prior to the Annuity Date, you may elect to convert all or part of the Net Contract Value Value, less any charge for premium taxes and/or other taxes, to any currently offered Annuity Option. The aggregate net amount you convert must be at least $10,0002,000; otherwise, we reserve the right to terminate this Contract and pay such aggregate net amount in a single amount equal to the withdrawal proceeds as determined under the Amount Available for Withdrawal provisionsum.

Application of Contract Value. Prior to the Annuity Date, you may elect to convert all or part of the Net Contract Value Value, less any charge for premium taxes and/or other taxes, to any currently offered Annuity Option. The aggregate net amount you convert must be at least $10,0005,000; otherwise, we reserve the right to terminate this Contract and pay a single amount equal to the withdrawal proceeds as determined under the Amount Available for Withdrawal provision.

Application of Contract Value. Prior to the Annuity Date, you may elect to convert all or part of the Net Contract Value, adjusted for any Market Value Adjustment, and less any charge for premium taxes and/or other taxes, to any currently offered Annuity Option. The aggregate net amount you convert must be at least $10,000; otherwise, we reserve the right to terminate this Contract and pay a single amount equal to the withdrawal proceeds as determined under the Amount Available for Withdrawal provision.

Application of Contract Value. Prior to the Annuity Date, you may elect to convert all or part of the Net Contract Value Value, less any charge for premium taxes and/or other taxes, to any currently offered Annuity Option. The aggregate net amount you convert must be at least $10,000; otherwise, we reserve the right to terminate this Contract and pay a single amount equal to the withdrawal proceeds as determined under the Amount Available for Withdrawal provision.