RIGHT TO TRANSFER. The vehicle owner shall have the right to transfer this Service Contract to the next owner of this vehicle free of charge. To complete such transfer, Administrator must be notified of the change in ownership within thirty (30) days from the date of transfer to such first subsequent owner. Owner may also transfer this Service Contract to a different vehicle acquired by owner for the remaining term hereof provided a $40.00 administrative fee is paid. Owner must complete and submit the necessary Request to Transfer form (available from the Administrator at the address indicated at the bottom of this page) together with the administrative fee.
RIGHT TO TRANSFER. You may transfer amounts between the Fixed Account and the Subaccounts, subject to the limits below, without penalty or adjustment. We reserve the right to limit the number of transfers between the Fixed Account and the Subaccounts during any policy year to one. We reserve the right to limit the amount transferred from the Fixed Account during a policy year to 20% of that portion of the Cash Value attributable to the Fixed Account at the end of the prior policy year. Transfers to the Fixed Account may not be made prior to the first Policy Anniversary or within 12 months of any prior transfer. We reserve the right to restrict the amount transferred to the Fixed Account to 20% of that portion of the Cash Value attributable to the Subaccounts at the end of the prior Valuation Period. We reserve the right to refuse transfers to the Fixed Account if the Fixed Account is greater than or equal to 30% of the Cash Value. OPTIONAL MODES OF SETTLEMENT PROVISIONS Proceeds may be paid in a lump sum. Optional modes of settlement are also available. After the Proceeds are applied under such optional modes, any amounts payable are paid from our General Account and will not be affected by the investment experience of any separate investment account. One or a combination of settlement options may be chosen. A settlement option may be chosen only if the total amount placed under the option is at least $2,000.00 and each payment is at least $20.00. A settlement option election may be changed at any time by proper written request to our Home Office. Once recorded, it will become effective on the date it was requested. We may require proof of the age of any person to be paid under a settlement option. While this Policy is in force, you may choose or change settlement options at any time. If no settlement option has been chosen prior to the Insured's death, the Beneficiary may choose one. A change of Beneficiary automatically revokes any option in effect. When Proceeds become payable under any option, a Settlement Contract is issued in exchange for this Policy. The new contract's effective date is the date of the Insured's death or the date this Policy is surrendered. Settlement option payments are not assignable. To the extent allowed by law, settlement option payments are not subject to the claims of creditors or to legal process. Under Options 2, 3, 4, and 5, payments will be made at the beginning of each 12, 6, 3, or 1 month interval beginning on the effective date of the Se...
RIGHT TO TRANSFER. You may transfer amounts among the Subaccounts on a daily basis. Transfers may be made via any method deemed acceptable by us. We reserve the right to refuse or limit any transfer request, or take any action we deem necessary with respect to transfers among specified Subaccounts in order to protect policy Owner and Beneficiaries from negative investment results that may arise from harmful investment practices employed by certain Owners or their representative. Our failure to exercise our rights under this section shall not be construed as a waiver of our rights.
Examples of RIGHT TO TRANSFER in a sentence
Non-response bias with t-test is carried out to find out whether there is a difference in the answers between the respondents of mail survey and those directly visited.
WE HAVE THE RIGHT TO TRANSFER TO OUR GENERAL ACCOUNT ANY ASSETS OF SEPARATE ACCOUNT ELEVEN WHICH ARE IN EXCESS OF THE RESERVES AND OTHER POLICY LIABILITIES OF SEPARATE ACCOUNT ELEVEN.
TRANSFER OF SHARES 26 RIGHT TO TRANSFER SHARES Subject to these Articles, a member may transfer all or any of his shares in any manner which is permitted by the Statutes or in any other manner which is from time to time approved by the board.
TRANSFERS AMONG INVESTMENT OPTIONS RIGHT TO TRANSFER Subject to "Transfer Restrictions" below, amounts allocated to Subaccounts for Variable Annuity Income may be transferred among available Investment Options at any time.
THE JUDGES RESERVE THE RIGHT TO TRANSFER ENTRIES INTO THE CATEGORY WHICH THEY DEEM MOST APPROPRIATE.
More Definitions of RIGHT TO TRANSFER
RIGHT TO TRANSFER. The $40.00 administrative fee does not apply to Maryland residents. There is no fee to transfer this contract.
RIGHT TO TRANSFER. You may transfer amounts between the Fixed Accounts and the Subaccounts, subject to the limits below, without penalty or adjustment. We reserve the right to refuse or limit the number of transfers between the Fixed Accounts.
RIGHT TO TRANSFER. The vehicle owner shall have the right to transfer this Service Contract to the next owner of this vehicle free of charge. To complete such transfer, Administrator must be notified of the change in ownership within thirty (30) days from the date of transfer to such first subsequent owner. Owner may also transfer this Service Contract to a different vehicle acquired by owner for the remaining term hereof provided a $25.00 administrative fee is paid. Owner must complete and submit to the Obligor at the address on the front side of this Service Contract the necessary Request to Transfer form together with the administrative fee. Benefits under this Service Contract are not renewable. If You are not satisfied with the manner in which We handle a claim on this Service Contract, You may contact the Commissioner by use of the toll-free number of the Division, (888) 872- 3234.
RIGHT TO TRANSFER. You may transfer amounts between the Fixed Account and the Subaccounts, subject to the limits below, without penalty or adjustment. We reserve the right to limit the number of transfers between the Fixed Account and the Subaccounts during any policy year to one. We reserve the right to limit the amount transferred from the Fixed Account during a policy year to 20% of that portion of the Cash Value attributable to the Fixed Account at the end of the prior policy year. Transfers to the Fixed Account may not be made prior to the first Policy Anniversary or within 12 months or any prior transfer. We reserve the right to restrict the amount transferred to the Fixed Account to 20% of that portion of the Cash Value attributable to the Subaccounts at the end of the prior Valuation Period. We reserve the right to refuse transfers to the Fixed Account if the Fixed Account is greater than or equal to 30% of the Cash Value. OPTIONAL MODES OF SETTLEMENT PROVISIONS Proceeds may be paid in a lump sum. Optional modes of settlement are also available. After the Proceeds are applied under such optional modes, any amounts payable are paid from our General Account and will not be affected by the investment experience of any separate investment account. One or a combination of settlement options may be chosen. A settlement option may be chosen only if the total amount placed under the option is at least $2,000.00 and each payment is at least $20.00. A settlement option election may be changed at any time by proper written request to our Home Office. Once recorded, it will become effective on the date it was requested. We may require proof of the age of any person to be paid under a settlement option. While this Policy is in force, you may choose or change settlement options at any time. If no settlement option has been chosen prior to the Insured's death, the Beneficiary may choose one. A change of Beneficiary automatically revokes any option in effect. When Proceeds become payable under any option, a Settlement Contract is issued in exchange for this Policy. The new contract's effective date is the date of the Insured's death or the date this Policy is surrendered. Settlement option payments are not assignable. To the extent allowed by law, settlement option payments are not subject to the claims of creditors or to legal process. Under Options 2, 3, 4, and 5, payments will be made at the beginning of each 12, 6, 3, or 1 month interval beginning on the effective date of the Se...
RIGHT TO TRANSFER means rights pursuant to regulations made under section 34A of the Housing Act 1985;
RIGHT TO TRANSFER. You may transfer amounts between the Fixed Investment Options and the Subaccounts, subject to the limits below, without penalty or adjustment. We reserve the right to refuse or limit the number of transfers between the Fixed Investment Options. Our failure to exercise our rights under this section shall not be construed as a waiver of our rights.
RIGHT TO TRANSFER. The vehicle owner shall have the right to transfer this Service Contract to the next owner of this vehicle free of charge. To complete such transfer, Administrator must be notified of the change in ownership within thirty (30) days from the date of transfer to such first subsequent owner. Owner may also transfer this Service Contract to a different vehicle acquired by owner for the remaining term hereof provided a $25.00 administrative fee is paid. Owner must complete and submit to the Obligor at the address on the front side of this Service Contract the necessary Request to Transfer form together with the administrative fee. Benefits under this Service Contract are not renewable. Pre-existing damage is covered under this Service Contract. If you are not satisfied with the manner in which We handle a claim on this Service Contract, You may contact the Commissioner by use of the toll-free number of the Divison, (000) 000-0000.