WITHDRAWAL PROGRAM Sample Clauses

WITHDRAWAL PROGRAM. REINSURANCE PREMIUM WITHDRAWAL PROGRAM PRODUCTS COVERED (BASIS POINTS) ----------------------------- ---------------- ------------------- Guaranteed Withdrawal Benefit All Products 50.00 Lifetime GWB - Single Life All Products 50.00 Version Lifetime GWB - Joint Life All Products 70.00 Version
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WITHDRAWAL PROGRAM. REINSURANCE PREMIUM WITHDRAWAL PROGRAM PRODUCTS COVERED (BASIS POINTS) ------------------------------ -------------------------------------------------- -------------------- Guaranteed Withdrawal Benefit All Products sold before July 16, 2007 50.00 Guaranteed Withdrawal Benefit All Products sold on or after July 16, 2007 55.00 Principal Guarantee All Products 50.00 Principal Guarantee Value All Products 25.00 Lifetime GWB - Single Life All Products, except Marquis Portfolio and 50 Version PrimElite IV, for which the contract's GWB Benefit Base is not increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. Lifetime GWB - Single Life All Products, except Marquis Portfolio and 80 Version PrimElite IV, for which the contract's GWB Benefit Base is increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. Lifetime GWB - Single Life PrimElite IV sold before May 4, 2009, for which 65 Version the contract's GWB Benefit Base is not increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. Lifetime GWB - Single Life PrimElite IV sold before May 4, 2009, for which 95 Version the contract's GWB Benefit Base is increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. Lifetime GWB - Single Life PrimElite IV sold on or after May 4, 2009 and 110 Version before July 15, 2011 Lifetime GWB - Single Life PrimElite IV sold on or after July 15, 2011 140 Version Lifetime GWB - Single Life Marquis Portfolios, for which the contract's GWB 70 Version Benefit Base is not increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. Lifetime GWB - Single Life Marquis Portfolios, for which 100 Version the contract's GWB Benefit Base is increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. Lifetime GWB - Joint Life All Products, except Marquis Portfolio and 70 Version PrimElite IV, for which the contract's GWB Benefit Base is not increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. Lifetime GWB - Joint Life All Products, except Marquis Portfolio and 105 Version PrimElite IV, for which the contract's GWB Benefit Base is increased due to an Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later. REINSURANCE PREMIUM WITHDRAWAL PROGRAM PRODUCTS COVERED (BASIS POINTS) ---------------------------...
Sample 1
WITHDRAWAL PROGRAM. REINSURANCE PREMIUM WITHDRAWAL PROGRAM PRODUCTS COVERED (BASIS POINTS) ---------------------------------- ---------------- ------------------- Guaranteed Withdrawal Benefit All Products 50.00 Principal Guarantee All Products 50.00 Principal Guarantee Value All Products 25.00 Lifetime GWB - Single Life Version All Products 50.00 Lifetime GWB - Joint Life All Products 70.00 Version This Amendment No. 3 does not alter, amend or modify the Agreement other than as set forth herein, and the terms and conditions of the Agreement, as amended herein, continue in effect without other change. In Witness whereof, the parties have caused this Amendment No. 3 to be signed in duplicate counterparts as of the date first above written. METLIFE INVESTORS USA INSURANCE COMPANY By: /s/ Xxxxxxx X. Xxxxxxx ------------------------------------- Title: Executive Vice President EXETER REASSURANCE COMPANY, LTD. By: /s/ RBB ------------------------------------- Title: President SCHEDULE A PLANS OF REINSURANCE
Sample 1
WITHDRAWAL PROGRAM. REINSURANCE PREMIUM INCOME PROGRAM CONTRACTS COVERED (BASIS POINTS) --------------------------- --------------------------------------- -------------- Guaranteed Withdrawal All Reinsured Contracts, except 55.00 Benefit Marquis Portfolios, PrimElite IV, S Series, Simple Solutions & MetLife Growth & Guaranteed Income Contracts Principal Guarantee Marquis Portfolios Contracts 50.00 Principal Guarantee Value Marquis Portfolios Contracts 25.00 Guaranteed Withdrawal PrimElite IV Contracts 25.00 Benefit Lifetime GWB (2008 All Reinsured Contracts, except 125.00 Version) - Single Life Marquis Portfolios, PrimElite IV, Version Simple Solutions & MetLife Growth & Guaranteed Income Contracts Lifetime GWB (2008 All Reinsured Contracts, except 150.00 Version) - Joint Life Marquis Portfolios, PrimElite IV, Version Simple Solutions & MetLife Growth & Guaranteed Income Contracts Lifetime GWB Marquis Portfolios Contracts 145.00 (2008 Version) - Single Life Version Lifetime GWB Marquis Portfolios Contracts 170.00 (2008 Version) - Joint Life Version Lifetime GWB - Single PrimElite IV Contracts sold before 110.00 Life Version July 15, 2011 Lifetime GWB - Single PrimElite IV Contracts sold on or 140.00 Life Version after July 15, 2011 Lifetime GWB - Joint PrimElite IV Contracts sold before 125.00 Life Version July 15, 2011 Lifetime GWB - Joint PrimElite IV Contracts sold on or 155.00 Life Version after July 15, 2011 Lifetime LWG III - Simple Solutions Contracts 100.00 Single Life Version Lifetime LWG III - Joint Simple Solutions Contracts 120.00 Life Version Guaranteed Withdrawal MetLife Growth & Guaranteed Income 90.00 Benefit for Life - Contracts Single Annuitant Guaranteed Withdrawal MetLife Growth & Guaranteed Income 105.00 Benefit for Life - Joint Contracts Annuitants
Sample 1
WITHDRAWAL PROGRAM. REINSURANCE PREMIUM WITHDRAWAL PROGRAM PRODUCTS COVERED (BASIS POINTS) ------------------ ---------------- ------------------- Guaranteed Withdrawal Benefit All Products 50.00 Lifetime GWB - Single Life Version All Products 50.00 Lifetime GWB - Joint Life Version All Products 70.00 This Amendment No. 3 does not alter, amend or modify the Agreement other than as set forth herein, and the terms and conditions of the Agreement, as amended herein, continue in effect without other change. In Witness whereof, the parties have caused this Amendment No. 3 to be signed in duplicate counterparts as of the date first above written. NEW ENGLAND LIFE INSURANCE COMPANY By: /s/ [Illegible Signature] ------------------------------------ Title: VP EXETER REASSURANCE COMPANY, LTD. By: /s/ RBB ------------------------------------ Title: President SCHEDULE A PLANS OF REINSURANCE
Sample 1
WITHDRAWAL PROGRAM. REINSURANCE PREMIUM WITHDRAWAL PROGRAM PRODUCTS COVERED (BASIS POINTS) ----------------------- ---------------- ------------------- Guaranteed Withdrawal All Products 50.00 Benefit
Sample 1

Related to WITHDRAWAL PROGRAM

  • Withdrawal Right Notwithstanding anything to the contrary contained in (and without limiting any similar provisions of) the Transaction Documents, whenever any Buyer exercises a right, election, demand or option under a Transaction Document and the Company or any Subsidiary does not timely perform its related obligations within the periods therein provided, then such Buyer may rescind or withdraw, in its sole discretion from time to time upon written notice to the Company or such Subsidiary (as the case may be), any relevant notice, demand or election in whole or in part without prejudice to its future actions and rights.

  • Withdrawal Rights Any Investor that has, on its own behalf or on behalf of any of its Affiliates, notified or directed the Company to include any Registrable Securities in a registration statement under the Securities Act shall have the right to withdraw any such notice or direction with respect to any or all of the Registrable Securities designated for registration thereby by giving written notice to such effect to the Company prior to the effective date of such registration statement. In the event of any such withdrawal, the Company shall not include such Registrable Securities in the applicable registration, and such Registrable Securities shall continue to be Registrable Securities hereunder. No such withdrawal shall affect the obligations of the Company with respect to the Registrable Securities not so withdrawn; provided that in the case of a Demand Registration, if such withdrawal shall reduce the number of Registrable Securities sought to be included in such registration below the Requisite Amount, then the Company shall as promptly as practicable give each holder of Registrable Securities sought to be registered notice to such effect, referring to this Agreement and summarizing this Section 2.04, and within five (5) business days of the effectiveness of such notice either the Company or the holders of a majority of the Registrable Securities sought to be registered may, by written notices made to each holder of Registrable Securities sought to be registered and the Company, elect that such registration statement not be filed or, if theretofore filed, be withdrawn. During such period of five (5) business days, the Company shall not file such registration statement if not theretofore filed, or, if such registration statement has been theretofore filed, the Company shall not seek, and shall use its best efforts to prevent, the effectiveness thereof. Any Demand Registration withdrawn in accordance with an election by the Demanding Investor subsequent to the effectiveness of the applicable Demand Registration Statement shall be counted as a Demand Registration unless such Demanding Investor reimburses the Company for its reasonable out-of-pocket expenses related to the preparation and filing of such registration statement (in which event such registration statement shall not be counted as a Demand Registration hereunder).

  • Withdrawal from Agreement A. Any Fund may elect to withdraw from this Agreement effective at the end of any monthly period by giving at least 90 days’ prior written notice to each of the parties to this Agreement. Upon the written demand of all other Funds which are parties to this Agreement a Fund shall withdraw, and in the event of its failure to do so shall be deemed to have withdrawn, from this Agreement; such demand shall specify the date of withdrawal which shall be at the end of any monthly period at least 90 days from the time of service of such demand.

  • WITHDRAWAL PROVISIONS At or before the Income Date, the Owner may withdraw all or part of the amounts under this Contract by informing the Company at the Service Center. For full withdrawal, this Contract, or a completed Lost Contract Affidavit, must be returned to the Service Center. Premiums withdrawn from the Contract Value may be subject to a Withdrawal Charge and Recapture Charge as explained in more detail below. Premiums that are no longer subject to the Withdrawal Charge and Recapture Charge (and not previously withdrawn), plus earnings may be withdrawn free of Withdrawal Charges and Recapture Charges at any time. Upon full withdrawal, the Owner will receive the Withdrawal Value. The Withdrawal Value will be based on values at the end of the Business Day in which the request for withdrawal is received at the Service Center in Good Order. In no event shall the amount withdrawn, whether a full withdrawal or partial withdrawal, exceed the Withdrawal Value. Except in connection with a systematic withdrawal program, the minimum partial withdrawal amount is $500, or if less, the Owner's entire interest in the Investment Division or Fixed Account Option from which a withdrawal is requested. The Owner's interest in the Investment Division or Fixed Account Option from which the withdrawal is requested must be at least [$100] after the withdrawal is completed or the Owner's entire interest in the Investment Division or Fixed Account Option will be withdrawn. Unless otherwise specified, the withdrawal will be made from each Investment Division and each Fixed Account Option in proportion to their current value. Withdrawals will be based on values at the end of the Business Day on which the request for withdrawal is received in Good Order at the Service Center. The Company will waive the Withdrawal Charge and Recapture Charge on any withdrawal necessary to satisfy the minimum distribution requirements of the Internal Revenue Code. Any withdrawal in excess of the required minimum distribution will cause the entire amount to be subject to any applicable Withdrawal Charge and Recapture Charge. You may elect to take a systematic withdrawal by surrendering a specific sum or a certain percentage on a monthly, quarterly, semiannual or annual basis, subject to a $50 minimum withdrawal. Such withdrawals will be counted in determining the portion of the Contract Value taken as an Additional Free Withdrawal. Systematic withdrawals in excess of the Additional Free Withdrawal amount may be subject to a Withdrawal Charge and Recapture Charge.

  • Withdrawal Any holder of Registrable Securities may elect to withdraw such holder’s request for inclusion of Registrable Securities in any Piggy-Back Registration by giving written notice to the Company of such request to withdraw prior to the effectiveness of the Registration Statement. The Company (whether on its own determination or as the result of a withdrawal by persons making a demand pursuant to written contractual obligations) may withdraw a Registration Statement at any time prior to the effectiveness of such Registration Statement. Notwithstanding any such withdrawal, the Company shall pay all expenses incurred by the holders of Registrable Securities in connection with such Piggy-Back Registration as provided in Section 3.3.

  • Withdrawal of Stop Orders If the Shelf Registration ceases to be effective for any reason at any time during the Effectiveness Period (other than because of the sale of all of the securities registered thereunder), the Company shall use its best efforts to obtain the prompt withdrawal of any order suspending the effectiveness thereof.

  • Withdrawal Liability Liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA.

  • Withdrawal of Members (a) Any Member may Withdraw voluntarily from the Company on the last day of any calendar month (or on such other date as shall be determined by the Managing Member in its sole discretion), on not less than 15 days’ prior written notice by such Member to the Managing Member (or on such shorter notice period as may be mutually agreed upon between such Member and the Managing Member); provided, that a Member may not voluntarily Withdraw without the consent of the Managing Member if such Withdrawal would (i) cause the Company to be in default under any of its contractual obligations or (ii) in the reasonable judgment of the Managing Member, have a material adverse effect on the Company or its business; provided further, that a Member may Withdraw from the Company with respect to such Member’s GP-Related Member Interest without Withdrawing from the Company with respect to such Member’s Capital Commitment Member Interest, and a Member may Withdraw from the Company with respect to such Member’s Capital Commitment Member Interest without Withdrawing from the Company with respect to such Member’s GP-Related Member Interest.

  • Withdrawal of a Member For purposes of this Agreement, a “Withdrawn Member” is a member who is bankrupt, has resigned, or has retired (a “Withdrawal Event”). Upon a Withdrawal Event, the Withdrawn Member or any successor in interest to the Withdrawn Member shall become an Assignee of the Withdrawn Member’s Membership Interest in the Company.

  • Withdrawal of Partners (a) Any Partner may Withdraw voluntarily from the Partnership subject to the prior written consent of the General Partner, including if such Withdrawal would (i) cause the Partnership to be in default under any of its contractual obligations or (ii) in the reasonable judgment of the General Partner, have a material adverse effect on the Partnership or its business. Without limiting the foregoing sentence, the General Partner generally intends to permit voluntary Withdrawals on the last day of any calendar month (or on such other date as shall be determined by the General Partner in its sole discretion), on not less than 15 days’ prior written notice by such Partner to the General Partner (or on such shorter notice period as may be mutually agreed upon between such Partner and the General Partner); provided, that a Partner may Withdraw from the Partnership with respect to such Partner’s GP-Related Partner Interest without Withdrawing from the Partnership with respect to such Partner’s Capital Commitment Partner Interest, and a Partner may Withdraw from the Partnership with respect to such Partner’s Capital Commitment Partner Interest without Withdrawing from the Partnership with respect to such Partner’s GP-Related Partner Interest.

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