Common use of SYSTEMATIC WITHDRAWALS Clause in Contracts

SYSTEMATIC WITHDRAWALS. The Certificate Owner may elect in writing on a form provided by the Company to take Systematic Withdrawals of a specified dollar amount (of at least $100) on a monthly, quarterly, semi-annual or annual basis. The Company will process the withdrawals as directed by surrendering on a pro-rata basis Accumulation Units from all of the Sub-Accounts in which the Certificate Owner has an interest, and the Fixed Account. A Contingent Deferred Sales Charge may apply to Systematic Withdrawals in accordance with the considerations set forth in the "Contingent Deferred Sales Charge" and "

Appears in 2 contracts

Samples: Certificate Agreement (Nationwide Variable Account 9), Certificate Agreement (Nationwide Fidelity Advisor Annuity Variable Account)

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SYSTEMATIC WITHDRAWALS. The Certificate Owner may elect in writing on a form provided by the Company to take Systematic Withdrawals systematic withdrawals of a specified dollar amount (of at least [$100]) on a monthly, quarterly, semi-annual or annual basis. The Company will process the withdrawals as directed by surrendering on a pro-rata basis Accumulation Units from all of the Sub-Accounts in which the Certificate Owner has an interest, interest and the Fixed Account. A Contingent Deferred Sales Charge CDSC may apply to Systematic Withdrawals systematic withdrawals in accordance with the considerations set forth in the "Contingent Deferred Sales Charge" and "

Appears in 2 contracts

Samples: Certificate Agreement (Nationwide Va Separate Account-D), Nationwide Va Separate Account-D

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