CONTRACT AFTER A WITHDRAWAL definition

CONTRACT AFTER A WITHDRAWAL. The minimum Contract Value which must remain in the Contract in order to keep the Contract inforce after a withdrawal is $2,000. ENDORSEMENTS: [Individual Retirement Annuity Endorsement] ANNUITY SERVICE CENTER: [Annuity Service Center P.O. Box 7960 Philadelphia, PA 19101] DEFINITIONS
CONTRACT AFTER A WITHDRAWAL. The minimum Contract Value which must remain in the Contract in order to keep the Contract in force after a withdrawal is $2,000. We reserve the right to terminate the Contract and pay you the Contract Surrender Value if your Contract Value is less than $2,000. ENDORSEMENTS: Fixed Rate Account Endorsement ANNUITY SERVICE CENTER: ANNUITY SERVICE CENTER P.O. Box 7960 Philadelphia, PA 19101 VFLX-2002-NY Page 3D [(A)] DEFINITIONS
CONTRACT AFTER A WITHDRAWAL. The minimum Contract Value that must remain in the Contract in order to keep the Contract inforce after a withdrawal is $2,000. MARKET VALUE ADJUSTMENT FORMULA Benefits payable under this Contract may be subject to a Market Value Adjustment. Details of the Market Value Adjustment Formula begin on page 9. ENDORSEMENTS: [Individual Retirement Annuity Endorsement] ANNUITY SERVICE CENTER: [Annuity Service Center P.O. Box 7960 Philadelphia, PA 19101] MVA-2002 NY

Examples of CONTRACT AFTER A WITHDRAWAL in a sentence

  • MINIMUM CONTRACT VALUE WHICH MUST REMAIN IN THE CONTRACT AFTER A WITHDRAWAL: The minimum Contract Value which must remain in the Contract in order to keep the Contract inforce after a withdrawal is $2,000.

  • MINIMUM CONTRACT VALUE WHICH MUST REMAIN IN THE CONTRACT AFTER A WITHDRAWAL: The minimum contract value which must remain in the Contract in order to keep the Contract in force after a withdrawal is $2,000.

  • MINIMUM CONTRACT VALUE WHICH MUST REMAIN IN THE CONTRACT AFTER A WITHDRAWAL: The minimum Contract Value which must remain in the Contract in order to keep the Contract in force after a withdrawal is $2,000.


More Definitions of CONTRACT AFTER A WITHDRAWAL

CONTRACT AFTER A WITHDRAWAL. The minimum Contract Value which must remain in the Contract in order to keep the Contract inforce after a withdrawal is $2,000. DCA FIXED RATE INVESTMENT OPTION: Minimum Guaranteed Interest Rate: 3% Initial Interest Segment Interest Rate: This Option has not been elected.
CONTRACT AFTER A WITHDRAWAL. The minimum Contract Value which must remain in the Contract in order to keep the Contract in force after a withdrawal is [$2,000]. We reserve the right to terminate the Contract and pay you the Contract Surrender Value if your Contract Value is less than [$2,000].

Related to CONTRACT AFTER A WITHDRAWAL

  • Cash Withdrawal means a disbursement of funds in any currency from any Account out of the balance in your favour (whether or not in the form of cash) made or obtained through or in connection with any Citibank ATM/ Debit Card.

  • Final Withdrawal Has the meaning specified in the Escrow Agreement.

  • Market Withdrawal means a Person’s Removal or Correction of a distributed product which involves a minor violation that would not be subject to legal action by the FDA or which involves no violation, e.g., normal stock rotation practices, routine equipment adjustments and repairs, etc.

  • Excess Withdrawal is a withdrawal of Account Value that exceeds the Free Withdrawal Amount. This term may not apply to your Contract.

  • Involuntary Withdrawal means, with respect to any Member, the occurrence of any of the following events:

  • Voluntary Withdrawal means a Member’s dissociation with the Company by means other than by a Transfer or an Involuntary Withdrawal.

  • Final Withdrawal Date Has the meaning specified in the Escrow Agreement.

  • Withdrawal Period as defined in Section 10.13(b).

  • Withdrawal Value means a Participant's Account Value minus the applicable Withdrawal Charge. (transfer from original GRA III NBR/GAA III NBR -- Series III) P-13099(SBR)(MBR)(NBR)conv.4 CONTRIBUTIONS, INVESTMENTS, AND TRANSFERS Contributions:

  • Event of Withdrawal has the meaning assigned to such term in Section 11.1(a).

  • Free Withdrawal Amount ’ means an amount equal to the percentage, stated in the Data Pages, of the Annuity Account Value, minus the total of all prior withdrawals (and associated Withdrawal Charges) made as described in Section 5.01 in the current Contract Year that may be withdrawn each Contract Year without incurring a Withdrawal Charge. We have the right to change the Free Withdrawal Amount, but it will always be a percentage between 5% and 30% if so provided in the Data Pages.

  • Event of withdrawal of a general partner means an event that causes a person to cease to be a general partner as provided in section 402.

  • Withdrawal Event means the earliest to occur of any event which causes a Partner to cease to be a Partner, and to become a Former Partner, as set forth in Section 1.29.

  • Withdrawal Order is defined in Section 6.

  • EU withdrawal agreement means the withdrawal agreement within the meaning of the European Union (Withdrawal Agreement) Act 2020 (see section 39(1) and (6) of that Act).”,

  • Withdrawal Date Any day during the period commencing on the 18th day of the month of the related Distribution Date (or if such day is not a Business Day, the immediately preceding Business Day) and ending on the last Business Day prior to the 21st day of the month of such Distribution Date. The “related Due Date” for any Withdrawal Date is the Due Date immediately preceding the related Distribution Date.

  • Withdrawal means any measure aimed at preventing a product in the supply chain from being made available on the market;

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Withdrawal Charge means a charge taken by AUL equal to a percentage of the Account Value withdrawn pursuant to Section 4.8, where the percentage varies by the Participant Account Year in which the withdrawal is made. The first Participant Account Year begins on the date when AUL establishes a Participant Account and credits the initial Contribution for the Participant, and ends on the day immediately preceding the next anniversary of such date. Each Participant Account Year thereafter begins on such an anniversary date and ends on the day immediately preceding the next succeeding anniversary date. The Withdrawal Charge percentage is as follows: During Withdrawal Charge Participant Account Years Percentage However, for any Participant who also participates in AUL Series III group annuity contract GA XX,XXX, the initial Withdrawal Charge percentage under this contract shall be equal to the Withdrawal Charge percentage applicable to the Participant under the AUL Series I group annuity contract from which funds have been transferred to such Series III contract, determined by AUL immediately prior to the date of such transfer, rounded down to the next whole Withdrawal Charge percentage if the Withdrawal Charge percentage under such Series I contract is a fractional Withdrawal Charge percentage. However, the Withdrawal Charge percentage under this paragraph shall never be greater than 8%. The Withdrawal Charge percentage shall be decreased by 1% for each subsequent Participant Account Year until the Withdrawal Charge percentage equals 4%. (However, if the applicable Series I contract Withdrawal Charge percentage is less than 4%, it shall be rounded up to 4% in this contract.) This 4% Withdrawal Charge percentage shall be in effect during the next 6 consecutive Participant Account Years. Thereafter, the Withdrawal Charge percentage shall be reduced to 0%. In no event will the cumulative total of all Withdrawal Charges, including those previously assessed against any amount withdrawn from a Participant Account, exceed 9% of total Contributions allocated to that Participant Account.

  • Excess Fraud Loss Any Fraud Loss, or portion thereof, which exceeds the then applicable Fraud Loss Amount.