Common use of ANNUITY - SINGLE SUM PAYMENT COMBINATION Clause in Contracts

ANNUITY - SINGLE SUM PAYMENT COMBINATION. A Participant may elect that only a portion of his Participant's Account be applied to purchase an annuity with the balance being paid in a single sum. The first portion will be subject to section 4.1 and the balance to section 3.1.

Appears in 8 contracts

Samples: Group Annuity Contract (Prudential Variable Contract Account 10), Group Annuity Contract (Prudential Variable Contract Account 10), Group Annuity Contract (Prudential Variable Contract Account 11)

AutoNDA by SimpleDocs

ANNUITY - SINGLE SUM PAYMENT COMBINATION. A Participant The Contract-Holder may elect notify Prudential that only a portion of his the Participant's Account is to be applied to purchase an annuity with the balance being to be paid in a single sum. The first portion will be subject to section 4.1 and the balance to section 3.1.

Appears in 7 contracts

Samples: Group Annuity Contract (Prudential Variable Contract Account 11), Group Annuity Contract (Prudential Variable Contract Account 10), Group Annuity Contract (Prudential Variable Contract Account 10)

ANNUITY - SINGLE SUM PAYMENT COMBINATION. A Participant may elect that only a portion of one or more of his Participant's Account Accounts be applied to purchase an annuity with the balance being paid in a single sum. The first portion used to purchase an annuity will be subject to section 4.1 and the balance to section 3.1.

Appears in 4 contracts

Samples: Group Annuity Contract (Prudential Variable Contract Account 24), Group Annuity Contract (Prudential Variable Contract Account 24), Group Annuity Contract (Prudential Variable Contract Account 24)

ANNUITY - SINGLE SUM PAYMENT COMBINATION. A Participant may elect that only a portion of his Participant's Account Accounts be applied to purchase an annuity with the balance being paid in a single sum. The first portion used to purchase an annuity will be subject to section 4.1 and the balance to section 3.1.

Appears in 4 contracts

Samples: Group Annuity Contract (Prudential Variable Contract Account 10), Group Annuity Contract (Prudential Variable Contract Account 11), Group Annuity Contract (Prudential Variable Contract Account 11)

ANNUITY - SINGLE SUM PAYMENT COMBINATION. A Participant The Contract-Holder may elect notify Prudential that only a portion of his one or more of the Participant's Account Accounts is to be applied to purchase an annuity with the balance being to be paid in a single sum. The first portion used to purchase an annuity will be subject to section 4.1 and the balance to section 3.1.

Appears in 3 contracts

Samples: Group Annuity Contract (Prudential Variable Contract Account 24), Group Annuity Contract (Prudential Variable Contract Account 24), Group Annuity Contract (Prudential Variable Contract Account 24)

AutoNDA by SimpleDocs

ANNUITY - SINGLE SUM PAYMENT COMBINATION. A Participant may may, subject to written authorization from the Contract- Holder, elect that only a portion of his Participant's Account Accounts be applied to purchase an annuity with the balance being paid in a single sum. The first portion will be subject to section 4.1 and the balance to section 3.1.

Appears in 2 contracts

Samples: Group Annuity Contract (Prudential Variable Contract Account 10), Group Annuity Contract (Prudential Variable Contract Account 11)

ANNUITY - SINGLE SUM PAYMENT COMBINATION. A If permitted by the Plan, a Participant may elect that only a portion of his Participant's Account be applied to purchase an annuity with the balance being paid in a single sum. The first portion will be subject to section 4.1 and the balance to section 3.1.

Appears in 2 contracts

Samples: Group Annuity Contract (Prudential Variable Contract Account 10), Group Annuity Contract (Prudential Variable Contract Account 11)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!