CHARGEBACKS FOR WITHDRAWALS. The following commission chargebacks shall apply on full or partial withdrawals (excluding withdrawals made pursuant to the Systematic Withdrawal Program that are within the 10% Free Withdrawal Privilege): o 100% for full or partial withdrawal of a Purchase Payment made during the first six months following its receipt; and
Appears in 3 contracts
Samples: Master Marketing and Distribution Agreement (American General Life Insurance Co of New York Separ Acct E), Master Marketing and Distribution Agreement (American General Life Insurance Co Separate Account D), Master Marketing and Distribution Agreement (American General Life Insurance Co of New York Separ Acct E)
CHARGEBACKS FOR WITHDRAWALS. The following commission chargebacks shall apply on with respect to full or partial withdrawals (excluding withdrawals made pursuant to the Systematic Withdrawal Program that are within the 10% Free Withdrawal Privilege): o 100% for of original commissions paid with respect to the amount of Purchase Payments up to the amount of the full or partial withdrawal of a Purchase Payment made during the first six months following its receipt; and
Appears in 2 contracts
Samples: Master Marketing and Distribution Agreement (American General Life Insurance Co Separate Account D), Master Marketing and Distribution Agreement (American General Life Insurance Co Separate Account D)
CHARGEBACKS FOR WITHDRAWALS. The following commission chargebacks shall apply on full or partial withdrawals (excluding withdrawals made pursuant to the Systematic Withdrawal Program that are within the 10% Free Withdrawal Privilege): o . 100% for full or partial withdrawal of a Purchase Payment made during the first six months following its receipt; andand . 50% for full or partial withdrawal of a Purchase Payment made during the next six months following its receipt. The foregoing chargebacks shall not apply in the event of the death of the Annuitant or Owner during the periods specified above.
Appears in 1 contract
Samples: Master Marketing and Distribution Agreement (U S Life Insurance Co in City of Ny Sep Act Usl Va-R)
CHARGEBACKS FOR WITHDRAWALS. The following commission chargebacks shall apply on full or partial withdrawals withdrawals: (excluding withdrawals made pursuant to the Systematic Withdrawal Program that are within the 10% Free Withdrawal Privilege, as defined in the Contract): o 100% for full or partial withdrawal of a Purchase Payment made during the first six months following its receipt; and
Appears in 1 contract
Samples: Selling Group Agreement (American General Life Insurance Co of New York Separ Acct E)
CHARGEBACKS FOR WITHDRAWALS. The following commission chargebacks shall apply on full or partial withdrawals (excluding withdrawals made pursuant to the Systematic Withdrawal Program that are within the 1015% Free Withdrawal Privilege): o , as defined in the Certificate):
(A) 100% for full or partial withdrawal of a Purchase Payment made during the first six months following its receipt; and
(B) 50% for full or partial withdrawal of a Purchase Payment made during the next six months following its receipt.
Appears in 1 contract
Samples: Selling Group Agreement (Usl Separate Account Usl Va R)
CHARGEBACKS FOR WITHDRAWALS. The following commission chargebacks --------------------------- shall apply on with respect to full or partial withdrawals (excluding withdrawals made pursuant to the Systematic Withdrawal Program that are within the 10% Free Withdrawal Privilege): o 100. 50% for of original commissions paid with respect to the amount of Purchase Payments up to the amount of the full or partial withdrawal of a Purchase Payment made during the first six twelve months following its receipt; and.
Appears in 1 contract
Samples: Master Marketing and Distribution Agreement (Agl Separate Account D)
CHARGEBACKS FOR WITHDRAWALS. The following commission chargebacks shall apply on full or partial withdrawals (excluding withdrawals made pursuant to the Systematic Withdrawal Program that are within the 10% Free Withdrawal Privilege, as defined in the Contract): o 100. 50% for full or partial withdrawal of a Purchase Payment made during the first six twelve months following its receipt; and. In no event shall any commission adjustment or chargeback be assessed for termination of a Contract because of the death of the Annuitant or Owner during the periods specified above.
Appears in 1 contract
