Common use of PARTICIPANT'S WITHDRAWAL Clause in Contracts

PARTICIPANT'S WITHDRAWAL. A Participant may make withdrawals from his Participant's Account. The minimum withdrawal is $500, or the dollar value of his Account if smaller. Payment to the Participant will normally be made within seven days of Prudential's receipt of his request for it. However, it may be paid at a later day if permitted under the Investment Company Act of 1940. The amount paid to the Participant will be the dollar amount withdrawn less the withdrawal charge determined from the following table and the Annual Account Charge if it applies. The amount payable is also referred to as the "Withdrawal Value".

Appears in 2 contracts

Samples: Prudential Variable Contract Account 11, Prudential Variable Contract Account 10

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PARTICIPANT'S WITHDRAWAL. A Participant may make withdrawals from his Participant's AccountAccounts but only under the conditions permitted by the Plan, if any. The minimum withdrawal from any single Account is $500, or the dollar value of his that Account if smaller. Payment to the Participant will normally be made within seven days of Prudential's receipt of his a duly completed request for it. However, it may be paid at a later day if permitted under the Investment Company Act of 1940. The amount paid to the Participant will be the dollar amount withdrawn less the withdrawal charge determined from the following table and the Annual Account Charge if it applies. The amount payable is also referred to as the "Withdrawal Value".

Appears in 1 contract

Samples: Prudential Variable Contract Account 24

PARTICIPANT'S WITHDRAWAL. A Participant may make withdrawals from his Participant's Account. The minimum withdrawal is $500, or the dollar value of his Account if smaller. Payment to the Participant will normally be made within seven days of Prudential's receipt of his a duly completed request for it. However, it may be paid at a later day if permitted under the Investment Company Act of 1940. The amount paid to the Participant will be the dollar amount withdrawn less the withdrawal charge determined from the following table and the Annual Account Charge if it applies. The amount payable is also referred to as the "Withdrawal Value".

Appears in 1 contract

Samples: Prudential Variable Contract Account 10

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PARTICIPANT'S WITHDRAWAL. A Participant may make withdrawals from his Participant's AccountAccounts. The minimum withdrawal from any single Account is $500, or the dollar value of his that Account if smaller. Payment to the Participant will normally be made within seven days of Prudential's receipt of his request for it. However, it may be paid at a later day if permitted under the Investment Company Act of 1940. The amount paid to the Participant will be the dollar amount withdrawn less the withdrawal charge determined from the following table and the Annual Account Charge if it applies. The amount payable is also referred to as the "Withdrawal Value".

Appears in 1 contract

Samples: Prudential Variable Contract Account 24

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