Value Adjustments definition
Examples of Value Adjustments in a sentence
Early Withdrawal Charges (including surrender charges, premature use charges) and Market Value Adjustments, if any, will apply to the extent that Customized Payments and other withdrawals exceed the penalty-free withdrawal allowance, if any, otherwise available under the contract at the time that the payment is made.
Market Value Adjustments A Market Value Adjustment will be applied to a Fixed Allocation upon withdrawal, transfer or application to an Income Plan if made more than thirty days prior to such Fixed Allocation's Maturity Date, except on Systematic Partial Withdrawals and ▇▇▇ Partial Withdrawals.
Automatic withdrawals in excess of the Free Withdrawal amount may be subject to Withdrawal Charges and/or Market Value Adjustments.
The Contract Value, less any tax payable, applicable Withdrawal Charges, Annual Contract Maintenance Charge, and charges due under any add-on benefit, adjusted for any applicable Market Value Adjustments.
The partial withdrawal will be reduced for any applicable taxes and charges, including Withdrawal Charges, and then adjusted for any applicable Market Value Adjustments.
Withdrawals during the Contract Year in excess of the Free Withdrawal may be subject to any applicable Withdrawal Charges and applicable Market Value Adjustments.
Any Market Value Adjustment(s) deducted from surrenders will not be included in the reinstatement.
The Company will apply the Contract Value, less any applicable taxes, Market Value Adjustments, and other Contract charges, to provide You Fixed Annuity Payments or Variable Annuity Payments according to Your selected Income Option.
If withdrawals are made, the Contract may also be subject to Withdrawal Charges and Market Value Adjustments.
This Contract includes benefits that waive Market Value Adjustments in some situations.