Common use of Initial Interest Rate Clause in Contracts

Initial Interest Rate. The rate(s) of interest credited to any portion of the Initial Purchase Payment allocated to the Fixed Account Option(s) as described in the Accumulation Provisions section. The Initial Interest Rate(s) for this Contract is/are listed on page 4. The Initial Interest Rate may not be less than the Minimum Guaranteed Rate as shown on the Contract Data Page. IRC The Internal Revenue Code of 1986, as amended, or as it may be amended or superseded.

Appears in 2 contracts

Samples: Fs Variable Annuity Account Five, Fs Variable Separate Account

AutoNDA by SimpleDocs

Initial Interest Rate. The rate(s) of interest credited to any portion of the Initial Purchase Payment allocated to the Fixed Account Option(s) ), as described in the Accumulation Provisions section. The Initial Interest Rate(s) for this Contract Certificate is/are listed on page 4. The Initial Interest Rate may not be less than the Minimum Guaranteed Rate as shown on the Contract Certificate Data Page. IRC The Internal Revenue Code of 1986, as amended, 1986 or as it may be amended or superseded.

Appears in 1 contract

Samples: Variable Annuity Account Five

Initial Interest Rate. The rate(s) of interest credited to any portion of the Initial Purchase Payment allocated to the Fixed Account Option(s) ), as described in the Accumulation Provisions section. The Initial Interest Rate(s) for this Contract is/are listed on page 4. The Initial Interest Rate may not be less than the Minimum Guaranteed Rate as shown on the Contract Data Page. IRC The Internal Revenue Code of 1986, as amended, 1986 or as it may be amended or superseded.

Appears in 1 contract

Samples: Variable Annuity Account Five

Initial Interest Rate. The rate(s) of interest credited to any portion of the Initial Purchase Payment allocated to the Fixed Account Option(s) ), as described in the Accumulation Provisions section. The Initial Interest Rate(s) for this Contract is/are listed on page 4. The Initial Interest Rate Rate(s) may not be less than the Minimum Guaranteed Rate as shown on the Contract Data Page. IRC The Internal Revenue Code of 1986, 1986 as amended, amended or as it may be amended or superseded.

Appears in 1 contract

Samples: Variable Annuity Account Five

AutoNDA by SimpleDocs

Initial Interest Rate. The rate(s) rate of interest credited to any portion of the Initial Purchase Payment initially allocated to the 1-Year Fixed Account Option(s) Option, as described in the Accumulation Provisions section. The Initial Interest Rate(s) Rate for this Contract is/are is listed on page 4. The Initial Interest Rate may not be less than the Minimum Guaranteed Guarantee Rate as shown on the Contract Data Page. IRC The Internal Revenue Code of 1986, 1986 as amended, or as it may be amended or superseded.

Appears in 1 contract

Samples: Fs Variable Separate Account

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