Common use of DISCONTINUANCE OF ESTABLISHING PARTICIPANTS' ACCOUNTS Clause in Contracts

DISCONTINUANCE OF ESTABLISHING PARTICIPANTS' ACCOUNTS. Prudential may notify the Contract-Holder that on and after a specified date no new Participants' Accounts will be established under this contract. The specified date may not be earlier than 90 days after the date of the notice. Thereafter, only contributions for persons who are Participants on the specified date will be accepted hereunder. In all other respects this contract will continue to operate in accordance with its terms.

Appears in 12 contracts

Samples: Prudential Variable Contract Account 24, Prudential Variable Contract Account 10, Prudential Variable Contract Account 10

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