CONTRACT ISSUE REQUIREMENTS. The Company will not issue a Contract unless the Company has received all the information necessary to issue the Contract; and the Company receives the entire Single Premium Payment. If the information needed to issue the contract is not received within five (5) Valuation Dates, the Company will return the premium unless the Owner allows the Company to keep the Single Premium Payment until the necessary information is received, in accordance with the Initial Allocation of the Net Single Premium Payment (Article 3, section 3.06).
Appears in 4 contracts
Samples: Single Premium Immediate Variable Annuity Contract (Agl Separate Account D), Single Premium Immediate Variable Annuity Contract (Usl Separate Account Usl Va-R), Single Premium Immediate Variable Annuity Contract (Usl Separate Account Usl Va-R)
CONTRACT ISSUE REQUIREMENTS. The Company will not issue a Contract contract unless the Company has all information is received all the information necessary to issue the Contractcontract; and the Company receives the entire Single Premium Payment Payment. If the information needed to issue the contract is not received within five (5) Valuation Datesdays, the Company will return the premium unless the Owner allows the Company to keep the Single Premium Payment premium until the necessary information is received, in accordance with the Initial Allocation of the Net Single Premium Payment (Article 3, section 3.06).
Appears in 2 contracts
Samples: Immediate Variable Annuity Contract (Agl Separate Account D), Immediate Variable Annuity Contract (Usl Separate Account Usl Va-R)
