Common use of AMOUNT AND FREQUENCY Clause in Contracts

AMOUNT AND FREQUENCY. All Purchase Payments must be made to Us at Our Administrative Office or made payable to Us and delivered to one of Our financial professionals. The Initial Purchase Payment amount approved and added to this Contract on the Contract Date is shown on the Contract Specifications. Subsequent Purchase Payments will be approved and added to this Contract as of the Valuation Date the Purchase Payment and required information are received in Good Order. We reserve the right to limit total Purchase Payments into this Contract to the Maximum Total Purchase Payments shown on the Contract Specifications. Maximum Total Purchase Payments includes Purchase Payments made to all Our variable annuity contracts, including variable annuity contracts with an affiliated company, for which the Owner, Joint Owner or Annuitant is a measuring life.

Appears in 5 contracts

Samples: Individual Flexible Purchase Payment Deferred Variable Annuity Contract (Lincoln Life Variable Annuity Account N), Individual Flexible Purchase Payment Deferred Variable Annuity Contract (Lincoln Life Variable Annuity Account N), Individual Flexible Purchase Payment Deferred Variable Annuity Contract (Lincoln Life Variable Annuity Account N)

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