Common use of Fixed Annuity Payments Clause in Contracts

Fixed Annuity Payments. The dollar amount of each Fixed Annuity payment shall be determined in accordance with the annuity payment rates shown on pages 21 and 22, which are based on the minimum guaranteed interest rate of 2.5% per year or, if more favorable to the Payee(s), in accordance with the annuity payment rates published by the Company and in use on the Annuity Commencement Date.

Appears in 2 contracts

Samples: Sun Life of Canada U S Variable Account F, Sun Life of Canada U S Variable Account F

AutoNDA by SimpleDocs

Fixed Annuity Payments. The dollar amount of each Fixed Annuity payment shall be determined in accordance with the annuity payment rates shown on pages 21 19 and 2220, which are based on the minimum guaranteed interest rate of 2.5% per year or, if more favorable to the Payee(s), in accordance with the annuity payment rates published by the Company and in use on the Annuity Commencement Date.

Appears in 2 contracts

Samples: Sun Life of Canada U S Variable Account F, Sun Life of Canada U S Variable Account F

AutoNDA by SimpleDocs

Fixed Annuity Payments. The dollar amount of each Fixed Annuity payment Payment shall be determined in accordance with the annuity payment rates shown on pages 21 and 22, Annuity Tables contained in this Contract which are based on the minimum guaranteed interest rate of 2.53.0% per year oryear. After the initial Fixed Annuity Payment, if more favorable to the Payee(s)payments will not change regardless of investment, in accordance with the annuity payment rates published by the Company and in use on the Annuity Commencement Datemortality or expense experience.

Appears in 1 contract

Samples: First Variable Annuity Fund E

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