Common use of Market Value Adjustment Clause in Contracts

Market Value Adjustment. Any transfer (except as noted below), withdrawal, or surrender of value from a Fixed Sub-account, unless effective on the Expiration Date of a Guaranteed Period, the Annuity Commencement Date, or at the death of the Owner, Joint Owner or Annuitant, will be increased or decreased by the Market Value Adjustment described in the following paragraphs. The Market Value Adjustment will not apply to any Contract Value being transferred as part of a DCA program. The amount of the Market Value Adjustment is calculated by multiplying the dollar amount of any transfer, withdrawal, or surrender of value from a Fixed Sub-account by the following amount:

Appears in 3 contracts

Samples: Lincoln New York Account N for Variable Annuities, Lincoln Life Variable Annuity Account N, Lincoln Life Variable Annuity Account N

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Market Value Adjustment. Any transfer (except as noted below), withdrawal, or surrender of value from a Fixed Sub-account, unless effective on the Expiration Date of a Guaranteed Period, on the Annuity Commencement Date, or at the death of the Owner, Joint Owner Owner, or Annuitant, will be increased or decreased by the Market Value Adjustment described in the following paragraphs. The Market Value Adjustment will not apply to any Contract Value being transferred as part of a DCA program. The amount of the Market Value Adjustment is calculated by multiplying the dollar amount of any transfer, withdrawal, or surrender of value from a Fixed Sub-account by the following amount:

Appears in 2 contracts

Samples: Lincoln Life Variable Annuity Account W, Lincoln Life Variable Annuity Account W

Market Value Adjustment. Any transfer (except as noted below), withdrawal, or surrender of value from a Fixed Sub-account, unless effective on the Expiration Date of a Guaranteed Period, on the Annuity Commencement Date, or at the death of the Owner, Joint Owner or Annuitant, will be increased or decreased by the Market Value Adjustment described in the following paragraphs. The Market Value Adjustment will not apply to any Contract Value being transferred as part of a DCA program. The amount of the Market Value Adjustment is calculated by multiplying the dollar amount of any transfer, withdrawal, or surrender of value from a Fixed Sub-account by the following amount:

Appears in 1 contract

Samples: Joint and Survivor Annuities (Lincoln Life Variable Annuity Account N)

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Market Value Adjustment. Any transfer (except as noted below), withdrawal, or surrender of value from a Fixed Sub-account, unless effective on the Expiration Date of a Guaranteed Period, the Annuity Commencement Date, or at the death of the Owner, Joint Owner or Annuitant, will be increased or decreased by the Market Value Adjustment described in the following paragraphs. The Market Value Adjustment will not apply to any Contract Value being transferred as part of a DCA program. Form 30296-NY 10 The amount of the Market Value Adjustment is calculated by multiplying the dollar amount of any transfer, withdrawal, or surrender of value from a Fixed Sub-account by the following amount:

Appears in 1 contract

Samples: Lincoln New York Account N for Variable Annuities

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