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 It may also be deducted upon a full withdrawal of the Contract Value if it is not withdrawn on a Contract Anniversary.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: Ml of New York Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account A, Ml of New York 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 It may also be deducted upon a full withdrawal of the Contract Value if it is not withdrawn on a Contract Anniversaryanniversary.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: Merrill Lynch Life Variable Annuity Separate Account A