ASSIGNMENTS AND TRANSFERABILITY Sample Clauses

ASSIGNMENTS AND TRANSFERABILITY. Your rights under this Contract may not be assigned, pledged or transferred, except as provided below. No amounts payable under this Contract to a payee other than you may be assigned by that payee unless permitted herein, nor will they be subject to the claims of creditors or to legal process, except to the extent permitted by law. Other restrictions may apply if stated in any Endorsement attached hereto. You may request to assign this Contract by writing to us at our Processing Office and subject to our acceptance. The assignment will be effective upon the date of our acceptance. We will not be bound by any assignment, and we assume no responsibility for the validity of an assignment or for any rights or obligations between you and the assignee. Your rights and those of any other person referred to in this Contract will be subject to the assignment.
AutoNDA by SimpleDocs
ASSIGNMENTS AND TRANSFERABILITY. You may not transfer this Contract. No portion of your interest in this Contract or your rights under this Contract may be sold, assigned, pledged or transferred to any person other than the issuer of this Contract, or discounted, encumbered or pledged as collateral for a loan or as security for the performance of an obligation. EQUITABLE FINANCIAL LIFE INSURANCE COMPANY [ [ Xxxx Xxxxxxx, Xxxx X. Xxxxxx, Chief Executive Officer] Senior Executive Director and Secretary] 2021INHNQ-IE ATTACHMENT A* Age Life Expectancy Age Life Expectancy [0 82.4 37 46.5 1 81.6 38 45.6 2 80.6 39 44.6 3 79.7 40 43.6 4 78.7 41 42.7 5 77.7 42 41.7 6 76.7 43 40.7 7 75.8 44 39.8 8 74.8 45 38.8 9 73.8 46 37.9 10 72.8 47 37 11 71.8 48 36 12 70.8 49 35.1 13 69.9 50 34.2 14 68.9 51 33.3 15 67.9 52 32.3 16 66.9 53 31.4 17 66 54 30.5 18 65 55 29.6 19 64 56 28.7 20 63 57 27.9 21 62.1 58 27 22 61.1 59 26.1 23 60.1 60 25.2 24 59.1 61 24.4 25 58.2 62 23.5 26 57.2 63 22.7 27 56.2 64 21.8 28 55.3 65 21 29 54.3 66 20.2 30 53.3 67 19.4 31 52.4 68 18.6 32 51.4 69 17.8 33 50.4 70 17 34 49.4 71 16.3 35 48.5 72 15.5 36 47.5 73 14.8 74 14.1 75 13.4 76 12.7] *See Section 7A.03, “CALCULATION OF AMOUNT OF ANNUITY BENEFIT UNDER THIS ENDORSEMENT
ASSIGNMENTS AND TRANSFERABILITY. You may assign this Contract before the Maturity Date but we will not be bound by an assignment unless we have received it in writing at our Processing Office. The assignment shall take effect on the date the notice of assignment is signed subject to any payments made or actions taken by us prior to receipt of this notice. Your rights and those of any other person referred to in this Contract will be subject to the assignment. We assume no responsibility for the validity of an assignment or for any rights or obligations between you and the Assignee.
ASSIGNMENTS AND TRANSFERABILITY. The existing Section is replaced by the following: You may not transfer this Contract. No portion of your interest in this Contract or your rights under this Contract may be sold, assigned, pledged or transferred to any person other than the issuer of this Contract, or discounted, encumbered or pledged as collateral for a loan or as a security for an obligation. AXA EQUITABLE LIFE INSURANCE COMPANY /s/ Christopher M. Condron /x/ Xxxxx Xxxxx Xxxxx -------------------------- --------------------- Christopher M. Condron Xxxxx Xxxxx Xxxxx, Vice President, Pxxxxxxxx xxx Xxxxf Executive Officer Secretary and Associate General Counsel 2008IRA-ACC 11 ATTACHMENT A [THE FOLLOWING TEXT WILL APPEAR ONLY FOR SINGLE OWNER CONTRACTS WHEN THE APPLICABLE OPTIONAL RIDER HAS BEEN ELECTED.] Single Owner Contract if Spousal Continuation is elected: [APPLICABLE IF AN OPTIONAL GUARANTEED MINIMUM DEATH BENEFIT RIDER IS ELECTED] [Effect of Death on the Guaranteed Minimum Death Benefit ("GMDB") Rider If the surviving spouse is age [75/80] or younger on the date of death of the original Owner, and the Owner was age [84] or younger at death, a GMDB that by its terms accumulates to Owner age [85] will instead accumulate to age [85] of the surviving spouse. If the surviving spouse is age [75/80] or younger on the date of death of original Owner and the Owner was [85] or older at death, we will reinstate the GMDB you elected. The GMDB will continue to grow according to its terms until the Contract Date Anniversary following the date the surviving spouse reaches age [85]. If the surviving spouse is age [76/81] or over on the date of the Owner's death, the optional GMDB elected by the original Owner and its charge will be discontinued. If the optional GMDB continues, the GMDB/Guaranteed Minimum Income Benefit roll up benefit base reset, if applicable, will be based on the surviving spouse's age. The next available reset will be based on the contract issue date or last reset, as applicable.] [APPLICABLE ONLY IF THE OPTIONAL EARNINGS ENHANCEMENT BENEFIT DEATH BENEFIT RIDER IS ELECTED] [EFFECT OF DEATH ON THE EARNINGS ENHANCEMENT BENEFIT DEATH BENEFIT RIDER The Earnings Enhancement Benefit Death Benefit Increment accrued as of the date we receive due proof of the original Owner's death will be added to the Annuity Account Value (in addition to any amount of accrued GMDB that is added). If the surviving spouse is age [76] or older on the date of the Owner's death, the benefit does not remain ...
ASSIGNMENTS AND TRANSFERABILITY. The existing Section is replaced by the following: You may not transfer this Contract. No portion of your interest in this Contract or your rights under this Contract may be sold, assigned, pledged or transferred to any person other than the issuer of this Contract, or discounted, encumbered or pledged as collateral for a loan or as a security for an obligation. AXA EQUITABLE LIFE INSURANCE COMPANY /s/Christopher M. Condron /x/Xxxxx Xxxxx Xxxin ------------------------- -------------------- Christopher M. Condron Xxxxx Xxxxx Xxxin, Vice President, Pxxxxxxxx xxx Xxxxf Executive Officer Secretary and Associate General Counsel
ASSIGNMENTS AND TRANSFERABILITY. You may not transfer this Contract. No portion of your interest in this Contract or your rights under this Contract may be sold, assigned, pledged or transferred to any person other than the issuer of this Contract, or discounted, encumbered or pledged as collateral for a loan or as security for the performance of an obligation. EQUITABLE FINANCIAL LIFE INSURANCE COMPANY [ [ Xxxx Xxxxxxx, Xxxx X. Xxxxxx, Chief Executive Officer] Senior Executive Director, General Counsel and Secretary] 2021INHNQ-IR 15
ASSIGNMENTS AND TRANSFERABILITY. You may not transfer this Contract. No portion of your interest in this Contract or your rights under this Contract may be sold, assigned, pledged or transferred to any person other than the issuer of this Contract, or discounted, encumbered or pledged as collateral for a loan or as security for the performance of an obligation. EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA [ [ Xxxx Xxxxxxx, Xxxx Xxxxx Xxxxxxxx Chief Executive Officer] Chief Legal Officer and Secretary] 2021INHNQ-IR-Z 15 ATTACHMENT [A-1* Applicable to pre-January 1, 2022 Inherited NQ Payment Starting Dates] Age Life Expectancy Age Life Expectancy [0 82.4 37 46.5 1 81.6 38 45.6 2 80.6 39 44.6 3 79.7 40 43.6 4 78.7 41 42.7 5 77.7 42 41.7 6 76.7 43 40.7 7 75.8 44 39.8 8 74.8 45 38.8 9 73.8 46 37.9 10 72.8 47 37 11 71.8 48 36 12 70.8 49 35.1 13 69.9 50 34.2 14 68.9 51 33.3 15 67.9 52 32.3 16 66.9 53 31.4 17 66 54 30.5 18 65 55 29.6 19 64 56 28.7 20 63 57 27.9 21 62.1 58 27 22 61.1 59 26.1 23 60.1 60 25.2 24 59.1 61 24.4 25 58.2 62 23.5 26 57.2 63 22.7 27 56.2 64 21.8 28 55.3 65 21 29 54.3 66 20.2 30 53.3 67 19.4 31 52.4 68 18.6 32 51.4 69 17.8 33 50.4 70 17 34 49.4 71 16.3 35 48.5 72 15.5 36 47.5 73 14.8 74 14.1 75 13.4 76 12.7] * See Section 8A.03, “CALCULATION OF AMOUNT OF ANNUITY BENEFIT UNDER THIS ENDORSEMENT” 2021INHNQ-IR-Z 16 [Transition Rule: Subject to applicable tax law guidance, the initial life expectancy period used to determine the initial scheduled Required Payment Under Section 72(s)(2)(B) shown above is reset on your Inherited NQ Payment Anniversary Date in calendar year 2022 by using the Attachment A-2 based on your age as of the first anniversary of the date of death of the Deceased Holder of the Source Contract (or based on your age as of the date of death of the Deceased Holder of the Source Contract, if applicable) as in Section 8A.03, reduced by 1 for each year subsequent to the year for which it was initially set.] 2021INHNQ-IR-Z 17 ATTACHMENT A[-2* Applicable to on or after January 1, 2022 Inherited NQ Payment Starting Dates] Age Life Expectancy Age Life Expectancy [0 84.6 39 46.7 1 83.7 40 45.7 2 82.8 41 44.8 3 81.8 42 43.8 4 80.8 43 42.9 5 79.8 44 41.9 6 78.8 45 41.0 7 77.9 46 40.0 8 76.9 47 39.0 9 75.9 48 38.1 10 74.9 49 37.1 11 73.9 50 36.2 12 72.9 51 35.3 13 71.9 52 34.3 14 70.9 53 33.4 15 69.9 54 32.5 16 69.0 55 31.6 17 68.0 56 30.6 18 67.0 57 29.8 19 66.0 58 28.9 20 65.0 59 28.0 21 64.1 60 27.1 22 63.1 61 26.2 23 62.1 62 25.4 24 61.1 63 24.5 25 60.2 64 23...
AutoNDA by SimpleDocs

Related to ASSIGNMENTS AND TRANSFERABILITY

  • Assignments and Transfers No Party may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of any Debt Documents or the Liabilities except as permitted by this Clause 19.

  • Assignments and transfer by Obligors No Obligor may assign any of its rights or transfer any of its rights or obligations under the Finance Documents.

  • Assignments and transfers by Obligors No Obligor may assign or transfer any of its rights and obligations under the Finance Documents without the prior consent of all the Lenders.

  • Assignments and transfers by Lenders (a) A Lender (the Existing Lender) may, subject to the following provisions of this Subclause, at any time assign or transfer (including by way of novation) any of its rights and obligations under this Agreement to any other person (the New Lender).

  • Assignments and Transfers by Investors The provisions of this Agreement shall be binding upon and inure to the benefit of the Investors and their respective successors and assigns. An Investor may transfer or assign, in whole or from time to time in part, to one or more persons its rights hereunder in connection with the transfer of Registrable Securities by such Investor to such person, provided that such Investor complies with all laws applicable thereto and provides written notice of assignment to the Company promptly after such assignment is effected.

  • Instruments of Conveyance and Transfer As soon as practicable after the Closing, SELLER shall deliver a certificate or certificates representing the Shares of SELLER to PURCHASER sufficient to transfer all right, title and interest in the Shares to PURCHASER.

  • Assignments and transfers by the Lenders Subject to this Clause 23, a Lender (the “Existing Lender”) may:

  • Restrictions on Assignments Except as specifically provided herein, the Borrower may not assign any of its rights or obligations hereunder or any interest herein without the prior written consent of the Agent and the Majority Lenders in their respective sole discretion and any attempted assignment in violation of this Section 15.1 shall be null and void.

  • Assignments and Transfers by the Company This Agreement may not be assigned by the Company (whether by operation of law or otherwise) without the prior written consent of the Required Investors, provided, however, that the Company may assign its rights and delegate its duties hereunder to any surviving or successor corporation in connection with a merger or consolidation of the Company with another corporation, or a sale, transfer or other disposition of all or substantially all of the Company’s assets to another corporation, without the prior written consent of the Required Investors, after notice duly given by the Company to each Investor.

  • Action upon Instructions; Certain Rights and Limitations (a) Subject to the terms of Sections 2.13, 4.03, 4.04(a) and (b), 4.08, 5.01 and 5.03 hereof, upon the written instructions at any time and from time to time of a Majority in Interest of Note Holders, the Mortgagee shall, subject to the terms of this Section 5.02, take such of the following actions as may be specified in such instructions: (i) give such notice or direction or exercise such right, remedy or power hereunder as shall be specified in such instructions; (ii) give such notice or direction or exercise such right, remedy or power under the Lease, the Participation Agreement, the Purchase Agreement, the Purchase Agreement Assignment, or any other part of the Trust Indenture Estate as shall be specified in such instructions; and (iii) approve as satisfactory to the Mortgagee all matters required by the terms of the Lease to be satisfactory to the Owner Trustee, it being understood that without the written instructions of a Majority in Interest of Note Holders, the Mortgagee shall not approve any such matter as satisfactory to the Mortgagee; provided, that anything contained in this Trust Indenture, the Lease or the other Operative Agreements to the contrary notwithstanding, but subject to the next paragraph hereof:

Time is Money Join Law Insider Premium to draft better contracts faster.