Minimum Allocation Percentage definition

Minimum Allocation Percentage means for each Member and for each type of Mission Asset Activity, the lowest permissible percentage (as established pursuant to Section VI.4.a.iii.) of the Member’s par value of Class B Stock owned and in its Activity Stock Account allocated to support that type of Mission Asset Activity.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Minimum Allocation Percentage means the percentage specified in item XVII.B of the Adoption Agreement.

Minimum Allocation Percentage refers to the minimum percentage of the Accumulation Value that must be allocated to any Account selected. This requirement applies on the Contract Issue Date, the date of any subsequent deposit, after reallocation and after withdrawals.

Examples of Minimum Allocation Percentage in a sentence

Any allocation to the Fixed Account is subject to the Minimum Allocation Percentage, Minimum Allocation Amount and Maximum Fixed Account Allocation Percentage shown on the Schedule Pages.
All Initial Premium allocations are subject to the Minimum Allocation Percentage, Minimum Allocation Amount and the Maximum Fixed Account Allocation Percentage shown on the Schedule Pages.
Any allocation to an Account must not be less than the Minimum Allocation Percentage shown on Page 3.
The minimum percentage that may be allocated to an Account (the Minimum Allocation Percentage) is shown on the Certificate Specifications page.
The minimum amount that can be allocated to a Strategy is subject to the Minimum Allocation Percentage as shown on the Contract Data Page.
All Single Premium allocations are subject to the Minimum Allocation Percentage and the Maximum Fixed Account Allocation Percentage shown on the Schedule Pages.

More Definitions of Minimum Allocation Percentage

Minimum Allocation Percentage refers to the mini mum percentage of the Accumulatio n Value that must be allo cated to any Account selected. This requirement applies on the Co ntract Issue Date, the date of any subsequent deposit, after reallocation and after withdrawals.