CONTRACT FEE. A Contract Fee may be deducted from the Contract Value on each Contract Anniversary that occurs on or prior to the Annuity Date. It may also be deducted upon a full withdrawal of the Contract Value if it is not withdrawn on a Contract Anniversary. The amount of the Contract Fee and circumstances under which it will be imposed are shown in the Contract Schedule. This charge will never increase.
Appears in 3 contracts
Samples: Annuity Contract (Ml of New York Variable Annuity Separate Account A), Annuity Contract (Ml of New York Variable Annuity Separate Account A), Annuity Contract (Merrill Lynch Life Variable Annuity Separate Account A)
CONTRACT FEE. A Contract Fee may be deducted from the Contract Value on each Contract Anniversary anniversary that occurs on or prior to the Annuity Date. It may also be deducted upon a full withdrawal of the Contract Value if it is not withdrawn on a Contract Anniversaryanniversary. The amount of the Contract Fee and circumstances under which it will be imposed are shown in the Contract Schedule. This charge will never increase.
Appears in 1 contract
Samples: Annuity Contract (Merrill Lynch Life Variable Annuity Separate Account A)