PAYMENT OF WITHDRAWALS. Unless you notify us otherwise, partial withdrawals will be deducted from each subaccount in the ratio of your Contract Value in each subaccount to the Contract Value. Withdrawals will be based on values for the valuation period in which the notice (and Contract if required) is received at our Service Center.
Appears in 4 contracts
Samples: Merrill Lynch Life Variable Annuity Separate Account C, Merrill Lynch Life Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account A
PAYMENT OF WITHDRAWALS. Unless you notify us otherwise, partial withdrawals will be deducted from each subaccount in the ratio of your Contract Value in each subaccount to the Contract Value. If you take a full withdrawal, you may receive the Contract Value in a lump sum or apply it under an annuity option described in Section 9. Withdrawals will be based on values for the valuation period in which the notice (and Contract if required) is received at our Service Center.
Appears in 2 contracts
Samples: Ml of New York Variable Annuity Separate Account A, Ml of New York Variable Annuity Separate Account C
PAYMENT OF WITHDRAWALS. Unless you notify us otherwise, partial withdrawals will be deducted from each subaccount of the applicable Variable Account from which you are making a withdrawal in the ratio of your Contract Value interest in each subaccount to the Contract Valuetotal value of that Variable Account. Withdrawals Withdrawals, other than automatic withdrawals, will be based on values for the valuation period in which the notice (and Contract if required) is received at our Service Centeradministrative office. Automatic withdrawals will be based on values for the valuation period of the date of each withdrawal.
Appears in 2 contracts
Samples: Merrill Lynch Life Variable Annuity Separate Account A, Ml of New York Variable Annuity Separate Account A
PAYMENT OF WITHDRAWALS. Unless you notify us otherwise, partial withdrawals will be deducted from each subaccount in the ratio of your Contract Value in each subaccount to the Contract Value. Withdrawals will be based on values Values for the valuation period in which the notice (and Contract if required) is received at our Service Center.
Appears in 1 contract
