Common use of Transfer of Individual Account Reserves Clause in Contracts

Transfer of Individual Account Reserves. The Owner may transfer any portion of the Individual Account Reserves from any Fund to any other Fund or to the General Account. Reserves cannot be transferred from the General Account to any of the Funds. A transfer of Reserves cannot be made within 90 days of a previous transfer.

Transfer of Individual Account Reserves. The Owner may transfer any portion of the Individual Account Reserves from any Fund to any other Fund or to the General Account. Reserves cannot be transferred from the General Account to any of the Funds. A transfer of Reserves cannot be made within 90 days of a previous transfer.. GLID-CDA-HO 9