Common use of Annuity Exercise Date Clause in Contracts

Annuity Exercise Date. The earliest of the following three dates: (i) the date the Account Value is less than the Withdrawal Guarantee; (ii) the date the Account Value is less than the minimum Account Value as shown on the Data Pages and; (iii) the date the younger of the Participant or any Joint Participant, reaches the maximum annuity age as shown on the Data Pages, less the number of days in the Notice Period.

Appears in 2 contracts

Samples: Genworth Life & Annuity Insurance Co, Genworth Life & Annuity Insurance Co

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Annuity Exercise Date. The earliest of the following three dates: (i) the date the Account Value is less than the Withdrawal Guarantee; (ii) the date the Account Value is less than the minimum Account Value as shown on the Data Pages andPages; and (iii) the date the younger older of the Participant or any Joint Participant, Participant reaches the maximum annuity age as shown on the Data Pages, less the number of days in the Notice Period.

Appears in 1 contract

Samples: Genworth Life & Annuity Insurance Co

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Annuity Exercise Date. The earliest of the following three dates: (i) the date the Account Value is less than the Withdrawal Guarantee; (ii) the date the Account Value is less than the minimum Account Value as shown on the Data Pages and; (iii) the date the younger older of the Participant or any Joint Participant, reaches the maximum annuity age as shown on the Data Pages, less the number of days in the Notice Period.

Appears in 1 contract

Samples: Genworth Life & Annuity Insurance Co

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