CONTRACT ADMINISTRATION CHARGE definition

CONTRACT ADMINISTRATION CHARGE. The charge specified on the Contract Data Page will be deducted on each Contract anniversary that occurs on or prior to the Annuity Date. It will also be deducted when the Contract Value is withdrawn in full if withdrawal is not on a Contract anniversary. We reserve the right to assess a charge on a class basis which is less than the charge specified on the Contract Data Page. CONTINGENT DEFERRED SALES CHARGE This charge may be deducted upon withdrawal of the Contract Value, in whole or in part. See WITHDRAWAL PROVISIONS.
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CONTRACT ADMINISTRATION CHARGE has the meaning set forth in Section 3.08.
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CONTRACT ADMINISTRATION CHARGE. An annual contract administration charge of $25 is charged against each contract. This charge reimburses us for expenses incurred in establishing and maintaining records relating to a contract. The contract administration charge will be assessed on each contract anniversary that occurs on or prior to the annuity date. It is not assessed once annuity payments have started. In the even that the contract is surrendered, this charge will be deducted in full as of the date of surrender without proration. "transfers and transfer fee" You may transfer amounts between subaccounts prior to the annuity date. We reserve the right to impose a $25 transfer fee on the second transfer within a calendar month, and to impose a minimum size on transfer amounts.
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Examples of CONTRACT ADMINISTRATION CHARGE in a sentence

  • CHARGES AND DEDUCTIONS We will deduct the following charges from the Contract: CONTRACT ADMINISTRATION CHARGE The charge specified on the Contract Data Page will be deducted on each Contract anniversary that occurs on or prior to the Annuity Date.

  • SCHEDULE OF ANNUAL CHARGES Annual Contract Administration Charge* $40, or 2% of the Variable Account Value, whichever is less Asset Based Contract Administration Charge** .15% Mortality & Expense Risk Charge** 1.45% Date Annual Charges are deducted each year: May 1 *THE CONTRACT ADMINISTRATION CHARGE APPLIES EACH YEAR THERE IS A VARIABLE ACCOUNT VALUE WHICH IS LESS THAN $100,000.

  • Schedule of Annual Charges -------------------------- Annual Contract Administration Charge*: $40 Asset Based Contract Administration Charge**: .15% Mortality & Expense Risk Charge**: 1.25% Date Annual Charges are deducted each year: August 6 *THE CONTRACT ADMINISTRATION CHARGE APPLIES EACH YEAR THERE IS A VARIABLE ACCOUNT VALUE WHICH IS LESS THAN $100,000.

  • We will deduct the following charges from the Certificate: CONTRACT ADMINISTRATION CHARGE The charge specified on the Certificate Data Page will be deducted on each Certificate anniversary that occurs on or prior to the Annuity Date.

  • Schedule of Annual Charges Annual Contract Administration Charge*: $40, or 2% of the Variable Account Value, whichever is less Asset Based Contract Administration Charge**: .15% Mortality & Expense Risk Charge**: 1.25% Date Annual Charges are deducted each year: September 30 *THE CONTRACT ADMINISTRATION CHARGE APPLIES EACH YEAR THERE IS A VARIABLE ACCOUNT VALUE WHICH IS LESS THAN $100,000.

  • The efficiency of liposome targeting to the endothelial cells lining the blood brain barrier is expected to be impacted by: (i) the presentation (orientation) of the targeting ligand on the liposome surface; (ii) the lipid composition; (iii) the affinity between the liposome presented ligand and the target; (iv) the number of targeting ligands per liposome; and (v) the number of receptors per endothelial cell.

  • SCHEDULE OF ANNUAL CHARGES -------------------------- Annual Contract Administration Charge*: $40, or 2% of the Variable Account Value, whichever is less Asset Based Contract Administration Charge**: .15% Mortality & Expense Risk Charge**: 1.25% Date Annual Charges are deducted each year: April 30 *THE CONTRACT ADMINISTRATION CHARGE APPLIES EACH YEAR THERE IS A VARIABLE ACCOUNT VALUE WHICH IS LESS THAN $100,000.

  • Schedule of Annual Charges -------------------------- Annual Contract Administration Charge*: $40 Asset Based Contract Administration Charge**: .15% Mortality & Expense Risk Charge**: 1.20% Date Annual Charges are deducted each year: August 6 *THE CONTRACT ADMINISTRATION CHARGE APPLIES EACH YEAR THERE IS A VARIABLE ACCOUNT VALUE WHICH IS LESS THAN $100,000.

  • Page 13 CHARGES CONTRACT ADMINISTRATION CHARGE There will be a Contract Administration Charge deducted from the values in the subaccount(s) on a daily basis.

  • CONTRACT ADMINISTRATION CHARGE ------------------------------------------------------------------------------- On each Valuation Date we will deduct from the Accumulation Unit Value a Contract Administration Charge equal to a percentage of such value that is the daily equivalent of an effective annual rate of .15%.


More Definitions of CONTRACT ADMINISTRATION CHARGE

CONTRACT ADMINISTRATION CHARGE. The charge specified on the Contract Data Page will be deducted on each Contract anniversary that occurs on or prior to the Annuity Date. It will also be deducted when the Contract Value is withdrawn in full if the withdrawal is not on the Contract anniversary. We reserve the right to assess a charge on a class basis which is less than the charge specified on the Contract Data Page. This charge is not deducted when the Contract Value is greater than $50,000. SEPARATE ACCOUNT CHARGE This charge, as shown on the Contract Data Page, on an annualized basis equals a percentage of the average daily ending value of the assets attributable to the Accumulation Units of the Subaccount(s) to which the Contract is allocated. This charge compensates Us for mortality and expense risks and distribution expenses associated with the Contract. We subtract this charge daily. We reserve the right to assess a charge on a class basis which is less than the charge specified on the Contract Data Page. TRANSFER PROVISIONS Prior to the Annuity Date, You may transfer all or part of Your Contract Value from any Subaccount to any of the Subaccounts or Fixed Account Options subject to certain restrictions. The minimum amount that can be transferred is $100 and the minimum amount that can remain in a Subaccount or a Fixed Account Option is $100, or $0 in the case of a full transfer. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS BETWEEN SUBACCOUNTS Prior to and after the Annuity Date, You may transfer all or a portion of Your Contract Value from one Subaccount to another Subaccount. Before the Annuity Date, a transfer will result in the redemption of Accumulation Units in a Subaccount and the purchase of Accumulation Units in the other Subaccount(s). Transfers will be effected at the end of the NYSE business day in which We receive Your completed request for the transfer. After the Annuity Date, a transfer will result in the redemption of Annuity Units in a Subaccount and the purchase of Annuity Units in the other Subaccount(s). Transfers will be effected at the end of the NYSE business day on the first day of the month following receipt of the transfer request.
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Related to CONTRACT ADMINISTRATION CHARGE

  • Administration Charge means a charge established in accordance with Chapter 90.50A RCW and Chapter 173-98 WAC, to be used to pay Ecology’s cost to administer the State Revolving Fund by placing a percentage of the interest earned in an Administrative Charge Account.

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Contract Administrator means the person authorized to represent the City in respect of the Contract and is identified at the time of award of the Contract;

  • Issuer Administration Agreement means that certain issuer administration agreement, dated as of the date hereof, among the Administrator, the Issuer, the Transferor and the Indenture Trustee.

  • Swap Administration Agreement As defined in Section 4.08(b).

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Agency Services Address means NationsBank, N.A., NC1-001-15-04, 000 Xxxxx Xxxxx Xxxxxx, Charlotte, North Carolina 28255, Attn: Agency Services, or such other address as may be identified by written notice from the Administrative Agent to the Borrower.

  • Drug enforcement administration means the drug enforcement

  • Settlement Administration Expenses means the reasonable and actually incurred fees, costs and expenses associated with retaining the Settlement Administrator, providing Class Notice, publishing Summary Notice, implementation of the Plan of Allocation and any other costs otherwise actually and reasonably incurred by the Settlement Administrator in administering the Settlement.

  • Collateral Administration Agreement An agreement dated as of the Closing Date among the Issuer, the Collateral Manager and the Collateral Administrator, as amended from time to time in accordance with the terms thereof.

  • Custodial Services means the safekeeping and management of an

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Administration Services means the services required for the effective and efficient administration of Bonitas and includes, but are not necessarily limited to, member record management, contribution management, benefit option management, claims processing and management, management of members’ personal, claims and financial information and any other services that are required for the administration of Bonitas;

  • Settlement Administrator means any Person that the Court approves to perform the tasks necessary to provide notice of the Settlement to the Class and to otherwise administer the Settlement Fund, as described further herein.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Contract Manager means the DNR staff person who processes this contract, makes payments, provides and facilitates dispute resolution, provides technical advice to the Compliance Forester, and is the first point of contact for questions relating to this contract or interpretation of Work. The Contract Manager may perform the duties of the Compliance Forester.