GAWA definition

GAWA means the amount which may be withdrawn from the Annuity Account Value each Participation Year, calculated as provided in this Contract and guaranteed during the lifetime of the Participant (and the lifetime of a surviving spouse, if Joint Life payments are elected).
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GAWA means GAWA 1 and GAWA 2 collectively.
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GAWA means a sub-fund of Global Impact Funds S.C.A. SICAR, a societeencommandite per actions (S.C.A.), incorporated under the laws of Luxembourg and qualifying as a soceited investissementen capital a risqué (SICAR) under the Luxembourg law of June 15, 2004 as amended relating to the investment company in risk capital, and whose registered office is at 20, rue de la Poste, L-2346, Luxembourg, which expression shall unless repugnant to its context be deemed to mean and include its Affiliates, permitted assigns and successors in interest.
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Examples of GAWA in a sentence

  • Notwithstanding the foregoing, I acknowledge and agree that no warranty is given that the OMG Information is error-free or accurate.

  • The Ratchet Increase will be added to the GAWA to determine the new GAWA.

  • If only a portion of the withdrawal exceeds the GAWA, only that portion (not the full withdrawal amount) is an Excess Withdrawal.

  • The GAWA may be reduced, pro rata, by Early Withdrawals or Excess Withdrawals.

  • The GAWA will not be reduced because of any fees or charges under the Contract.

  • An Early Withdrawal will reduce both the Ratchet Base and the GAWA on a pro rata basis.

  • If you have elected to take GAWA payments on a Single Life Basis the Beneficiary is not eligible to take GAWA payments.

  • Therefore, if you were taking GAWA payments under a Prior Contract and you do not elect to take GAWA payments under this Contract, any withdrawal will be considered to be an Early Withdrawal.

  • An Excess Withdrawal will reduce both the Ratchet Base and the GAWA on a pro rata basis.

  • If you have more than one Prior Contract and make more than one direct rollover Contribution, we will combine the amounts of the GAWA under each Prior Contract to determine the GAWA for this Contract.