Contract Charge definition
Examples of Contract Charge in a sentence
In the event that a Contract Charge is due, as set forth on the Contract Specifications Page, Nationwide shall withdraw the amount of the charge from the Guaranteed Fund.
It compounds to an effective annual rate equal to the Contract Charge Rate set out on the Contract Specifications page.
The Contract Charge is deducted daily from the investment base of each Indexed Strategy.
The Annual Contract Charge will be deducted from the Contract Value on each Contract Anniversary before the Start Date.
If you request a full withdrawal of this contract on other than the Contract Anniversary, the Annual Contract Charge will be deducted at the time of the withdrawal.
The Administrative Charge and the Annual Contract Charge shown on the Contract Data Page(s) pay us for the administrative expenses of the contract.
The Separate Account Contract Value, less any tax payable, applicable Withdrawal Charges and Monthly Contract Charge.
The Contract Value, less any tax and Monthly Contract Charge payable.
The Monthly Contract Charge specified on the Contract Data Pages will be deducted on each Contract Monthly Anniversary that occurs on or prior to the Income Date.
During the Accumulation Period, the Annual Contract Charge shown on Page 3 will be made once a year on each contract anniversary from the Annuity Value.