Common use of Contribution Period Clause in Contracts

Contribution Period. A day, a calendar week, a calendar month, a calendar quarter, or any other period of time specified by Aetna during which a Purchase Payment(s), Transfer(s) and/or Reinvestment(s) may be allocated to one or more Guaranteed Account Guaranteed Terms. Aetna reserves the right to shorten or to extend the Contribution Period. During a Contribution Period, Aetna may offer any number of Guaranteed Terms and more than one Guaranteed Term of the same duration may be offered.

Appears in 2 contracts

Sources: Variable Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Variable Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)