Common use of Deferment Clause in Contracts

Deferment. Application of proceeds to a variable annuity, payment of a death benefit and payment of any portion of your Annuity Account Value (less any applicable withdrawal charge) will be made within seven days after the Transaction Date. Payments or applications of proceeds from the Investment Divisions can be deferred for any period during which (1) the New York Stock Exchange has been closed or trading on it is restricted, (2) sales of securities or determination of the fair value of an Investment Division's assets is not reasonably practicably because of an emergency, or (3) the Securities and Exchange Commission, by order, permits us to defer payment in order to protect persons with interests in the Investment Divisions. We can defer payment of any portion of your Annuity Account Value in the Guaranteed Interest Division for up to six months while you are living.

Deferment. Application Applications of proceeds to a variable annuity, payment of a death benefit and payment of any portion of your the Annuity Account Value (less any applicable withdrawal charge) will be made within seven days after the Transaction Date. Payments or applications of proceeds from the Investment Divisions can be deferred for any period during which (1) the New York Stock Exchange has been closed or trading on it is restricted, (2) sales of securities or determination of the fair value of an Investment Division's assets is not reasonably practicably practicable because of an emergency, or (3) the Securities and Exchange Commission, by order, permits us to defer payment payments in order to protect persons with interests in the Investment Divisions. We can defer payment of any portion of your the Annuity Account Value in the Guaranteed Interest Division for up to six months while you are the Annuitant is living.

Deferment. Application of proceeds to a variable annuity, payment of a death benefit when Section 2.10 or any payment required under Section 2.11 and payment of any portion of your Annuity Account Value (less any applicable withdrawal charge) will be made within seven days after the Transaction Date. Payments or applications of proceeds from the Investment Divisions can be deferred for any period during which (1) the New York Stock Exchange has been closed or trading on it is restricted, (2) sales of securities or determination of the fair value of an Investment Division's assets is not reasonably practicably practicable because of an emergency, or (3) the Securities Security and Exchange Commission, by order, permits us to defer payment in order to protect persons with interests in the Investment Divisions. We can defer payment of any portion of your Annuity Account Value in the Guaranteed Interest Division for up to six months while you are living.

Deferment. Application Applications of proceeds to a variable annuity, payment of a death benefit and payment of any portion of your Annuity Account Value (less any applicable withdrawal charge) will be made within seven days after the Transaction Date. Payments or applications of proceeds from the Investment Divisions can be deferred for any period during which (1) the New York Stock Exchange has been closed or trading on it is restricted, (2) sales of securities or determination of the fair value of an Investment Division's assets is not reasonably practicably practicable because of an emergency, or (3) the Securities and Exchange Commission, by order, permits us to defer payment payments in order to protect persons with interests in the Investment Divisions. We can defer payment payments of any portion of your Annuity Account Value in the Guaranteed Interest Division for up to six months while you are living.

Deferment. Application of proceeds to a variable annuity, payment of a death benefit and payment of any portion of your Annuity Account Value (less any applicable withdrawal charge) will be made within seven days after the Transaction Date. Payments or applications of proceeds from the Investment Divisions can be deferred for any period during which (1) the New York Stock Exchange has been closed or trading on it is restricted, (2) sales of securities or determination of the fair value of an Investment Division's assets is not reasonably practicably practicable because of an emergency, or (3) the Securities and Exchange Commission, by order, permits us to defer payment payments in order to protect persons with interests in the Investment Divisions. We can defer payment payments of any portion of your Annuity Account Value in the Guaranteed Interest Division for up to six months while you are living.

Deferment. Application Applications of proceeds to a variable annuity, payment of a death benefit and payment of any portion of your the Annuity Account Value (less any applicable withdrawal charge) will be made within seven days after the Transaction Date. Payments or applications of proceeds from the Variable Investment Divisions Options can be deferred for any period during which (1) the New York Stock Exchange has been closed or trading on it is restricted, (2) sales of securities or determination of the fair value of an a Variable Investment DivisionOption's assets is not reasonably practicably practicable because of an emergency, or (3) the Securities and Exchange Commission, by order, permits us to defer payment payments in order to protect persons with interests in the Variable Investment DivisionsOptions. We can defer payment of any portion of your the Annuity Account Value in the Guaranteed Interest Division Option for up to six months while you are the Annuitant is living.

Deferment. Application Applications of proceeds to a variable annuity, payment of a death benefit and payment of any portion of your Annuity Account Value (less any applicable withdrawal charge) will be made within seven days after the Transaction Date. Payments or applications of proceeds from the Investment Divisions can be deferred for any period during which (1) the New York Stock Exchange has been closed or trading on it is restricted, (2) sales of securities or determination of the fair value of an Investment Division's assets is not reasonably practicably practicable because of an emergency, or (3) the Securities and Exchange Commission, by order, permits us to defer payment payments in order to protect persons with interests in the Investment Divisions. We can defer payment of any portion of your Annuity Account Value in the Guaranteed Interest Division for up to six months while you are living.

Deferment. Application of proceeds to a variable annuity, payment of a death benefit and payment of any portion of your Annuity Account Value (less any applicable withdrawal charge) will be made within seven days after the Transaction Date. Payments or applications of proceeds from the Investment Divisions can be deferred for any period during which (1) the New York Stock Exchange has been closed or trading on it is restricted, (2) sales of securities or determination of the fair value of an Investment Division's assets is not reasonably practicably practicable because of an emergency, or (3) the Securities and Exchange Commission, by order, permits us to defer payment in order to protect persons with interests in the Investment Divisions. We can defer payment of any portion of your Annuity Account Value in the Guaranteed Interest Division for up to six months while you are living.

Deferment. Application The use of proceeds to provide a variable annuity, payment of a death benefit and payment of any portion of your the Annuity Account Value (less any applicable withdrawal chargeWithdrawal Charge that applies) will be made within seven days after the Transaction Date. Payments or applications use of proceeds from the Variable Investment Divisions Options can be deferred for any period during which (1) the New York Stock Exchange has been is closed or trading on it is restricted, (2) sales of securities or determination of the fair value of an a Variable Investment DivisionOption's assets is not reasonably practicably practicable because of an emergency, or (3) the Securities and Exchange Commission, by order, permits us to defer payment in order to protect persons with interests in the Variable Investment DivisionsOptions. We can defer payment or transfer of any portion of your the Annuity Account Value in the Guaranteed Interest Division Option for up to six months while you are living.