WITHDRAWAL CHARGES Sample Clauses

WITHDRAWAL CHARGES. The amount of the Withdrawal Charge is stated in the Data Pages. We have the right to change the Charge shown in the Data Pages with respect to future Contributions, subject to any maximum stated in the Data Pages. We will give you notice of any change. If specified in the Data Pages, a ‘‘Free Withdrawal Amount’’ will apply as described therein. If the amount of a withdrawal made under Part VI is more than the Free Withdrawal Amount, we will (a) first withdraw from the Investment Options, on the basis described in Section 6.01, an amount equal to the Free Withdrawal Amount, and (b) then withdraw from the Investment Options an amount equal to the excess of the amount requested over the Free Withdrawal Amount, plus a Withdrawal Charge if one applies. For purposes of this Section, amounts withdrawn up to the Free Withdrawal Amount will not be deemed a withdrawal of any Contributions. In addition, your years of participation under the Prior Contract or years since contributions were made under the Prior Contract, if applicable, may be included for purposes of determining the Withdrawal Charge, if so specified in the Data Pages in accordance with our rules then in effect. If specified in the Data Pages we have the right to reduce or waive the Withdrawal Charge upon such events as stated in the Data Pages. Moreover, the Withdrawal Charge will be reduced if needed in order to comply with any applicable state or federal law.
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WITHDRAWAL CHARGES. If part or all of the Contract Value is Withdrawn, Withdrawal Charges may be applied at the time of Withdrawal. The Withdrawal Charge is applied to Purchase Payments withdrawn. The amount of the charge is based on the Contract Year in which the Withdrawal is made. See the Withdrawal Charges shown on page 3. For the purpose of determining the Withdrawal Charges, Purchase Payments are withdrawn before Earnings. The Withdrawal Charge will not be assessed against:
WITHDRAWAL CHARGES. At the time of any withdrawal or surrender of this contract, the amount subject to Withdrawal Charges is equal to the amount of total Purchase Payments less any amount You withdrew previously to which We applied Withdrawal Charges. We will not apply Withdrawal Charges on any amounts withdrawn or surrendered in excess of the total Purchase Payments. However, note that withdrawals of the Free Withdrawal Amount do not reduce the overall amount subject to Withdrawal Charges. The amount of Withdrawal Charges applicable to any withdrawal will equal the product of (i) the applicable Withdrawal Charge Percentage shown on the Specifications Pages and (ii) the lesser of (a) the total withdrawal amount, less any remaining Free Withdrawal Amount for the applicable Contract Year, and (b) the amount subject to Withdrawal Charges, if any, less any remaining Free Withdrawal Amount for the applicable Contract Year. The amount of Withdrawal Charges applicable to a full surrender of this contract will equal the product of (i) the applicable Withdrawal Charge Percentage shown on the Specifications Pages and (ii) the amount subject to Withdrawal Charges, if any. We will not apply, or will waive, Withdrawal Charges with respect to: • Any amounts withdrawn during the current Contract Year that are, in the aggregate, less than or equal to the Free Withdrawal Amount; • Any amounts applied to a Settlement Option; • Any amounts withdrawn after the Withdrawal Charge Period; • The portion of any amounts withdrawn that exceed the sum of all Purchase Payments; and
WITHDRAWAL CHARGES. 23.1. The exact charges and fees will be based on the currency denomination of the Client Account.
WITHDRAWAL CHARGES. If a cash withdrawal is made, the Company may assess a withdrawal charge. The amount of any withdrawal charge is determined as follows:
WITHDRAWAL CHARGES. The amount of the Withdrawal Charge, if applicable, will be specified in the Certificate issued with respect to the Annuitant. Equitable reserves the right to change such Charge with respect to future Contributions, subject to any maximum amount specified in the Certificate. If specified in the Certificate, a "Free Corridor Amount" will apply as follows:
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WITHDRAWAL CHARGES. (Contract Section 9.01) For Plans subject to a Withdrawal Charge, each Participation Year, the Participant is permitted to withdraw up to 10% of the Annuity Account Value (less any prior withdrawals and associated withdrawal charges in the current Participation Year) without incurring a Withdrawal Charge. The Withdrawal Charge will be assessed as a percentage of the amount withdrawn starting from the Participation Date of each Participant’s Certificate as follows:
WITHDRAWAL CHARGES. The amount of the Withdrawal Charge is stated in the Data pages. We have the right to change the Charge shown in the Data Pages with respect to future Contributions, subject to any maximum stated in the Data pages. We will give you notice of any change. If specified in the Data pages, a "Free Corridor Amount" will apply as follows:
WITHDRAWAL CHARGES. If you choose Option 1 for a period of fewer than 5 years or Option 3, the Adjusted Contract Value will be subject to a Withdrawal Charge which will be applied in the same way as if you had made a full withdrawal on the Annuity Date. Any amount used to provide income under Option 1 for a period of 5 years or more or under Option 2 will be applied without charge. If you choose any other method of payment not described in this Contract, we will tell you if it is subject to a Withdrawal Charge.
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