Common use of TRANSFERS BETWEEN RELATED CONTRACTS Clause in Contracts

TRANSFERS BETWEEN RELATED CONTRACTS. A Participant may transfer an amount from one or more of his Participant's Accounts to another Account maintained for him under this contract or to an Account maintained for him under a companion contract. The minimum withdrawal to provide a transfer is $500 from any single Account or the dollar value of the 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 and will be added to one or more Subaccounts as directed by the Participant. 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 part of the amount transferred which is investment income will not be considered as a contribution. Prudential may, upon notice to the Contract-Holder 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.

TRANSFERS BETWEEN RELATED CONTRACTS. A Participant may transfer an amount from one or more of his Participant's Accounts to another Account maintained for him under this contract or to an Account maintained for him under a companion contract. The minimum withdrawal to provide a transfer is $500 from any single Account or the dollar value of the 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 3.l 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 and will be added to one or more Subaccounts as directed by the Participant. 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 part of the amount transferred which is investment income will not be considered as a contribution. Prudential may, upon notice to the Contract-Holder 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.

TRANSFERS BETWEEN RELATED CONTRACTS. A Participant may transfer an amount from one or more of his Participant's Accounts to another Account maintained for him under this contract or to an Account maintained for him under a companion contract. The minimum withdrawal to provide a transfer is $500 from any single Account or the dollar value of the 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 and will be added to one or more Subaccounts as directed by the Participant. 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 part of the amount transferred which is investment income will not be considered as a contribution. Prudential may, upon notice to the Contract-Holder 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.