Common use of Transfers and Withdrawals from the GAA Clause in Contracts

Transfers and Withdrawals from the GAA. Except as noted below, the Contract Holder or a Participant, as applicable, may Transfer any portion or all of the amount held in the GAA. Transfers or Withdrawals before the Maturity Date may be subject to a market value adjustment (see 5.08). Amounts invested in a guaranteed term may not be transferred during the deposit period or for a period of 90 calendar days after the close of the deposit period. Unless directed otherwise, when the Contract Holder or a Participant, as applicable, requests a Transfer or Withdrawal from the GAA, we withdraw amounts proportionately from each guaranteed term in which the Individual Account is invested. Within a guaranteed term group, we withdraw first from the oldest deposit period and then from the next oldest and so on until the amount requested is withdrawn.

Transfers and Withdrawals from the GAA. Except as noted below, the Contract Holder or a Participant, as applicable, may Transfer transfer any portion or all of the amount held in the GAA. Transfers or Withdrawals withdrawals before the Maturity Date may be subject to a market value adjustment (see 5.087.08). Amounts invested in a guaranteed term may not be transferred during the deposit period or for a period of 90 calendar days after the close of the deposit period. Unless directed otherwise, when the Contract Holder or a Participant, as applicable, requests a Transfer transfer or Withdrawal withdrawal from the GAA, we withdraw amounts proportionately from each guaranteed term in which the Individual Account is invested. Within a guaranteed term groupgroup (see 7.05), we withdraw first from the oldest deposit period and then from the next oldest and so on until the amount requested is withdrawn.

Transfers and Withdrawals from the GAA. Except as noted below, the Contract Holder or a Participant, as applicable, may Transfer transfer any portion or all of the amount held in the GAA. Transfers or Withdrawals withdrawals before the Maturity Date may be subject to a market value adjustment (see 5.087.08). Amounts invested in a guaranteed term may not be transferred during the deposit period or for a period of 90 calendar days after the close of the deposit period. Unless directed otherwise, when the Contract Holder or a Participant, as applicable, requests a Transfer transfer or Withdrawal withdrawal from the GAA, we withdraw amounts proportionately from each guaranteed term in which the Individual Account is invested. Within a guaranteed term group, we withdraw first from the oldest deposit period and then from the next oldest and so on until the amount requested is withdrawn.

Transfers and Withdrawals from the GAA. Except as noted below, the Contract Holder or a Participant, as applicable, may Transfer transfer any portion or all of the amount held in the GAA. Transfers or Withdrawals withdrawals before the Maturity Date date may be subject to a market value adjustment Market Value Adjustment (see 5.087.10). Amounts invested in a guaranteed term may not be transferred during the deposit period or for a period of 90 calendar days after the close of the deposit period. Unless directed otherwise, when the Contract Holder or a Participant, as applicable, requests a Transfer transfer or Withdrawal withdrawal from the GAA, we withdraw amounts proportionately from each guaranteed term in which the Individual Account is invested. Within a guaranteed term group, we withdraw first from the oldest deposit period and then from the next oldest and so on until the amount requested is withdrawn.

Transfers and Withdrawals from the GAA. Except as noted below, the Contract Holder or a Participant, as applicable, may Transfer transfer any portion or all of the amount held in the GAA. Transfers or Withdrawals withdrawals before the Maturity Date may be subject to a market value adjustment (see 5.087.08). Amounts invested in a guaranteed term may not be transferred during the deposit period or for a period of 90 calendar days after the close of the deposit period. G-CDA(12/99)(TX-GE) 12 Unless directed otherwise, when the Contract Holder or a Participant, as applicable, requests a Transfer transfer or Withdrawal withdrawal from the GAA, we withdraw amounts proportionately from each guaranteed term in which the Individual Account is invested. Within a guaranteed term group, we withdraw first from the oldest deposit period and then from the next oldest and so on until the amount requested is withdrawn.