Common use of Any contract earnings Clause in Contracts

Any contract earnings. This Withdrawal is not subject to a Withdrawal Charge and it does not reduce the Withdrawal Charge Basis. The Withdrawal Charge Percentages Table is shown on the Contract Schedule. Each Contract Year you can take multiple Withdrawals without incurring a Withdrawal Charge if, when added together, they do not exceed the Free Withdrawal Amount shown on the Contract Schedule. Any unused Free Withdrawal Privilege in one Contract Year is not added to the Free Withdrawal Amount available in the next year. If you take a Full Withdrawal, we assess a Withdrawal Charge with no reductions for the Free Withdrawal Privilege.

Appears in 6 contracts

Samples: Individual Flexible Purchase Payment Variable Deferred Annuity Contract (Allianz Life Variable Account B), Individual Flexible Purchase Payment Variable Deferred Annuity Contract (Allianz Life Insurance Co of North America), Individual Flexible Purchase Payment Variable Deferred Annuity Contract (Allianz Life Insurance Co of North America)

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Any contract earnings. This Withdrawal is not subject to a Withdrawal Charge and it does not reduce the Withdrawal Charge Basis. The Withdrawal Charge Percentages Table is shown on the Contract Schedule. We will not assess the withdrawal charge on any payments paid out as Annuity Payments or as death benefits. Each Contract Year you can take multiple Withdrawals without incurring a Withdrawal Charge if, when added together, they do not exceed the Free Withdrawal Amount shown on the Contract Schedule. Any unused Free Withdrawal Privilege in one Contract Year is not added to the Free Withdrawal Amount available in the next year. If you take a Full Withdrawal, we assess a Withdrawal Charge with no reductions for the Free Withdrawal Privilege.

Appears in 6 contracts

Samples: Variable and Index Linked Deferred Annuity Contract (Allianz Life Insurance Co of New York), Variable and Index Linked Deferred Annuity Contract (Allianz Life of Ny Variable Account C), Individual Flexible Purchase Payment Variable and Index Linked Deferred Annuity Contract (Allianz Life of Ny Variable Account C)

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Any contract earnings. This Withdrawal is not subject to a Withdrawal Charge and it does not reduce the Withdrawal Charge Basis. The Withdrawal Charge Percentages Table is shown on the Contract Schedule. We will not assess the withdrawal charge onany payments paid out as Annuity Payments or as death benefits. Each Contract Year you can take multiple Withdrawals without incurring a Withdrawal Charge if, when added together, they do not exceed the Free Withdrawal Amount shown on the Contract Schedule. Any unused Free Withdrawal Privilege in one Contract Year is not added to the Free Withdrawal Amount available in the next year. If you take a Full Withdrawal, we assess a Withdrawal Charge with no reductions for the Free Withdrawal Privilege.

Appears in 2 contracts

Samples: Individual Flexible Purchase Payment Variable and Index Linked Deferred Annuity Contract (Allianz Life of Ny Variable Account C), Individual Flexible Purchase Payment Variable and Index Linked Deferred Annuity Contract (Allianz Life Insurance Co of New York)

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