Common use of Transfers From The Fixed Account Clause in Contracts

Transfers From The Fixed Account. You may make one transfer from the Fixed Account to the Variable Accounts or Fixed LT Account in any twelve-month period. Such transfer is limited to the greatest of $5,000, 25% of the Accumulated Value in the Fixed Account, and the amount transferred in the prior policy year from the Fixed Account to the Variable Accounts, provided that you may transfer up to 100% of the value in the Fixed Account to the Fixed LT Account.

Appears in 4 contracts

Samples: Pacific Select Exec Separate Acct Pacific Life Ins, Pacific Select Exec Separate Acct Pacific Life Ins, Pacific Select Exec Separate Acct Pacific Life Ins

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Transfers From The Fixed Account. You may make one transfer from the Fixed Account an amount up to the Variable Accounts or Fixed LT Account in any twelve-month period. Such transfer is limited to the greatest greater of $5,000, 5,000 or 25% of the Accumulated Value in the Fixed Account, and the amount transferred but only one such transfer may be made in the prior policy year any twelve-month period Transfers From The Fixed LT Account – You may transfer from the Fixed LT Account an amount up to the Variable Accounts, provided that you may transfer up to 100greater of $5,000 or 10% of the value Accumulated Value in the Fixed Account to the Fixed LT Account, but only one such transfer may be made in any twelve-month period.

Appears in 1 contract

Samples: Pacific Select Exec Separate Account of Pacific Life & Annui

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Transfers From The Fixed Account. You may make one transfer from the Fixed Account an amount up to the Variable Accounts or Fixed LT Account in any twelve-month period. Such transfer is limited to the greatest greater of $5,000, 5,000 or 25% of the Accumulated Value in the Fixed Account, and the amount transferred but only one such transfer may be made in the prior policy year any twelve-month period Transfers From The Fixed LT Account - You may transfer from the Fixed LT Account an amount up to the Variable Accounts, provided that you may transfer up to 100greater of $5,000 or 10% of the value Accumulated Value in the Fixed Account to the Fixed LT Account, but only one such transfer may be made in any twelve-month period.

Appears in 1 contract

Samples: Pacific Select Exec Separate Acct Pacific Life Ins

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