Common use of TRANSFERS BETWEEN RELATED CONTRACTS Clause in Contracts

TRANSFERS BETWEEN RELATED CONTRACTS. The Contract-Holder may transfer, pursuant to the Plan, an amount from a Participant's Account to an Account maintained for him under a companion contract. The minimum withdrawal to provide a transfer is $500, or the dollar value of his Account if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Section 3.1 does not apply to a withdrawal for this purpose. Transfers are deemed to be made first from the contributions paid for the Participant. Investment income is transferred when there are no longer any contributions in the Participant's Account. Amounts may be transferred to this contract from a companion contract. An amount transferred to this contract for a Participant will be treated as though it were a contribution made for him (see section 1.2). However in determining any withdrawal charge, any portion of the amount transferred which is investment income will not be considered as a contribution. Prudential may, upon notice to the Contract-Holder, limit the frequency of transfers. This action will take effect on the date of the notice. This section may be changed as provided in section 5.1.

Appears in 6 contracts

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

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TRANSFERS BETWEEN RELATED CONTRACTS. The Contract-Holder A Participant may transfer, pursuant to the Plan, transfer an amount from a his Participant's Account to an Account maintained for him under a companion contract. The minimum withdrawal to provide a transfer is $500, or the dollar value of his Account if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Section 3.1 does not apply to a withdrawal for this purpose. Transfers are deemed to be made first from the contributions paid for the Participant. Investment income is transferred when there are no longer any contributions in the Participant's Account. Amounts may be transferred to this contract from a companion contract. An amount transferred to this contract for a Participant will be treated as though it were a contribution made for him (see section 1.2). However However, in determining any withdrawal charge, any portion part of the amount transferred which is investment income will not be considered as a contribution. Prudential may, upon notice to the Contract-HolderHolder and Participants, limit the frequency of transfers. This action will take effect on the date of the notice. This section may be changed as provided in section 5.1.

Appears in 4 contracts

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

TRANSFERS BETWEEN RELATED CONTRACTS. The Contract-Holder A Participant may transfer, pursuant to the Plan, transfer an amount from a his Participant's Account to an Account maintained for him under a companion contract. The minimum withdrawal to provide a transfer is $500, or the dollar value of his Account if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed his request for it. Section 3.1 does not apply to a withdrawal for this purpose. Transfers are deemed to be made first from the contributions paid for the Participant. Investment income is transferred when there are no longer any contributions in the Participant's Account. Amounts may be transferred to this contract from a companion contract. An amount transferred to this contract for a Participant will be treated as though it were a contribution made for him (see section 1.2). However in determining any withdrawal charge, any portion part of the amount transferred which is investment income will not be considered as a contribution. Prudential may, upon notice to the Contract-HolderHolder and Participants, limit the frequency of transfers. This action will take effect on the date of the notice. This section may be changed as provided in section 5.1.

Appears in 4 contracts

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

TRANSFERS BETWEEN RELATED CONTRACTS. The Contract-Holder A Participant may transfer, pursuant to the Plan, transfer an amount from a his Participant's Account to an Account maintained for him under a companion contractcontract but only under the conditions permitted by the Plan, if any. The minimum withdrawal to provide a transfer is $500, or the dollar value of his Account if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Section 3.1 does not apply to a withdrawal for this purpose. Transfers are deemed to be made first from the contributions paid for the Participant. Investment income is transferred when there are no longer any contributions in the Participant's Account. Amounts may be transferred to this contract from a companion contract. An amount transferred to this contract for a Participant will be treated as though it were a contribution made for him (see section 1.2). However in determining any withdrawal charge, any portion part of the amount transferred which is investment income will not be considered as a contribution. GVA-120-87 (10/11) Serial 310 3.3 Prudential may, upon notice to the Contract-HolderHolder and Participants, limit the frequency of transfers. This action will take effect on the date of the notice. This section may be changed as provided in section 5.1.

Appears in 4 contracts

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

TRANSFERS BETWEEN RELATED CONTRACTS. The Contract-Holder A Participant may transfer, pursuant to the Plan, transfer an amount from a his Participant's Account to an Account maintained for him under a companion contract. The minimum withdrawal to provide a transfer is $500, or the dollar value of his Account if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Section 3.1 does not apply to a withdrawal for this purpose. Transfers are deemed to be made first from the contributions paid for the Participant. Investment income is transferred when there are no longer any contributions in the Participant's Account. Amounts may be transferred to this contract from a companion contract. An amount transferred to this contract for a Participant will be treated as though it were a contribution made for him (see section 1.2). However However, in determining any withdrawal charge, any portion part of the amount transferred which is investment income will not be considered as a contributionContribution. Prudential may, upon notice to the Contract-HolderHolder and Participants, limit the frequency of transfers. This action will take effect on the date of the notice. This section may be changed as provided in section 5.1.

Appears in 2 contracts

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

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TRANSFERS BETWEEN RELATED CONTRACTS. The Contract-Holder Prudential may transfer, pursuant be notified that a transfer permitted by the Plan is to the Plan, an amount be made from a Participant's Account to an Account maintained for him under a companion contract. The minimum withdrawal to provide a transfer is $500, or the dollar value of his Account if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed his request for it. Section 3.1 does not apply to a withdrawal for this purpose. Transfers are deemed to be made first from the contributions paid for the Participant. Investment income is transferred when there are no longer any contributions in the Participant's Account. Amounts may be transferred to this contract from a companion contract. An amount transferred to this contract for a Participant will be treated as though it were a contribution made for him (see section 1.2). However in determining any withdrawal charge, any portion of the amount transferred which is investment income will not be considered as a contribution. Prudential may, upon notice to the Contract-Holder, limit the frequency of transfers. This action will take effect on the date of the notice. This section may be changed as provided in section 5.1.

Appears in 2 contracts

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

TRANSFERS BETWEEN RELATED CONTRACTS. The Contract-Holder A Participant may transfer, pursuant to the Plan, transfer an amount from a his Participant's Account to an Account maintained for him under a companion contractcontract but only under the conditions permitted by the Plan, if any. The minimum withdrawal to provide a transfer is $500, or the dollar value of his Account if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Section 3.1 does not apply to a withdrawal for this purpose. Transfers are deemed to be made first from the contributions paid for the Participant. Investment income is transferred when there are no longer any contributions in the Participant's Account. Amounts may be transferred to this contract from a companion contract. An amount transferred to this contract for a Participant will be treated as though it were a contribution made for him (see section 1.2). However in determining any withdrawal charge, any portion part of the amount transferred which is investment income will not be considered as a contribution. Prudential may, upon notice to the Contract-HolderHolder and Participants, limit the frequency of transfers. This action will take effect on the date of the notice. This section may be changed as provided in section 5.1.

Appears in 2 contracts

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

TRANSFERS BETWEEN RELATED CONTRACTS. The Contract-Holder may transfer, pursuant to the Plan, an amount from a Participant's Account to an Account maintained for him under a companion contract. The minimum withdrawal to provide a transfer is $500, or the dollar value of his Account if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed the request for it. Section 3.1 does not apply to a withdrawal for this purpose. Transfers are deemed to be made first from the contributions paid for the Participant. Investment income is transferred when there are no longer any contributions in the Participant's Account. Amounts may be transferred to this contract from a companion contract. An amount transferred to this contract for a Participant will be treated as though it were a contribution made for him (see section 1.2). However in determining any withdrawal charge, any portion of the amount transferred which is investment income will not be considered as a contribution. Prudential may, upon notice to the Contract-Holder, limit the frequency of transfers. This action will take effect on the date of the notice. This section may be changed as provided in section 5.1.

Appears in 1 contract

Samples: Prudential Variable Contract Account 11

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