Matured Term Value Sample Clauses

Matured Term Value. The amount due on a Guaranteed Account Guaranteed Term's Maturity Date.

Matured Term Value. 9 1.29 Matured Term Value Transfer ........................ 9 1.30

Matured Term Value. The amount payable on a GA Account Term’s Maturity Date.

Matured Term Value. Reinvestment - At least 18 calendar days before a Term's Maturity Date, the Contract Holder will be mailed a notice. This notice will contain the current Deposit Period's Guaranteed Rate(s), Term(s) and a projected Matured Term Value. The Matured Term Value may be surrendered or transferred on the Term's Maturity Date without an MVA. If no specific direction is given by the Contract Holder prior to the Maturity Date, each Matured Term Value will be reinvested in a Term of the same duration. In the event that a Term of the same duration is unavailable, each Matured Term Value will automatically be reinvested in the next shortest Term available in the same Classification during the then current Deposit Period. If, however, only one Term is available within the Classification, then the Matured Term Value will automatically be reinvested in that Term. If there are no Terms available in the Long Term Classification previously chosen, the Matured Term Value will be allocated to the Term within the Short Term Classification with the longest period. Following the Maturity Date, the Contract Holder will be mailed a confirmation statement. This statement will state the Terms and Guaranteed Rates that will apply to the reinvested Matured Term Value. During the calendar month following the Term's Maturity Date, one exception is allowed to the 90-day transfer restriction and MVA under sub-paragraph (e) and Section 3.18(b). This exception is applicable to each Matured Term Value plus any interest accrued thereon, provided no part of the Matured Term Value was transferred on the Maturity Date. The Contract Holder may request that we transfer or surrender all or part of the Matured Term Value plus any interest accrued thereon from the GAA without an MVA. This provision only applies to the first such request received during this period for any Matured Term Value. The Matured Term Value plus any interest accrued thereon may be transferred upon such request without an MVA: (1) To any other Terms of the GAA available in the current Deposit Period; (2) To the Fixed Account; or (3) To any other allowable Fund(s). If no such notification is given, the Matured Term Value will remain subject to the terms and conditions of the new Term. All Surrender and transfer requests will be processed as of the date they are received in Good Order at our Home Office.

Matured Term Value. During the calendar month following an AG Account Maturity Date, the TRANSFER: Certificate Holder may notify Aetna's Home Office in writing to Transfer or surrender all or part of the Matured Term Value, plus interest at the new Guaranteed Rate accrued thereon, from the AG Account without an MVA. This provision only applies to the first such written request received from the Certificate Holder during this period for any Matured Term Value.

Matured Term Value. 15 1.26 Matured Term Value Transfer: . . . . . . . . . . . . . . . . . . 16 1.27