Allocation of Purchase Payments. We allocate Purchase Payments according to the instructions contained in our records at the time we accept the Purchase Payment at our administrative office. Your initial allocation instructions are on the application. You may change your allocation instructions at any time by Written Notice. Allocations must be made in whole percentages. No Default - You are not required to make any additional Purchase Payments.
Appears in 2 contracts
Samples: Individual Flexible Premium Deferred Fixed and Variable Annuity Contract (Variable Annuity Account a of Protective Life), Individual Flexible Premium Deferred Fixed and Variable Annuity Contract (Variable Annuity Account a of Protective Life)
Allocation of Purchase Payments. We allocate Net Purchase Payments according to the instructions contained in our records at the time we accept the Purchase Payment at our administrative office. Your initial allocation instructions are on the application. You may change your allocation instructions at any time by Written Notice. Allocations must be made in whole percentages. No Default - Default—You are not required to make any additional Purchase Payments.
Appears in 2 contracts
Samples: Individual Flexible Premium Deferred Variable Annuity Contract (Protective Variable Annuity Separate Account), Group Flexible Premium Deferred Variable Annuity Contract (Protective Variable Annuity Separate Account)
Allocation of Purchase Payments. We will allocate your Purchase Payments to the Allocation Options according to the your instructions as contained in our records at the time we accept the Purchase Payment is accepted at our administrative office. Your initial allocation instructions are on the applicationApplication. You may change your allocation instructions at any time by Written Notice. Allocations must be made in whole percentages. No Default - You Default—This Contract will not be in default if subsequent Purchase Payments are not required to make any additional Purchase Paymentsmade.
Appears in 2 contracts
Samples: Individual Flexible Premium Deferred Variable Annuity Contract (Protective Variable Annuity Separate Account), Group Flexible Premium Deferred Variable Annuity Contract (Protective Variable Annuity Separate Account)
Allocation of Purchase Payments. We will allocate your Purchase Payments to the Allocation Options according to the your instructions as contained in our records at the time we accept the Purchase Payment is accepted at our administrative office. Your initial allocation instructions are on the applicationApplication. You may change your allocation instructions at any time by Written Notice. Allocations must be made in whole percentages. No Default - You are not required to make any additional Purchase Payments.
Appears in 1 contract
