Common use of DOLLAR CERTAIN Clause in Contracts

DOLLAR CERTAIN. A series of level monthly, quarterly, semi-annual or annual installment payments (as specified by the Annuitant) in an amount specified by the Annuitant such that the period of payments is projected, as of the date of the first payment, to be a period of at least three years' duration.

Appears in 4 contracts

Samples: Individual Retirement Annuity Contract (Separate Account No 301 of Axa Equitable Life Insurance Co), Individual Retirement Annuity Contract (Separate Account No 301 of Axa Equitable Life Insurance Co), Individual Retirement Annuity Contract (Separate Account No 301 of Axa Equitable Life Insurance Co)

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DOLLAR CERTAIN. A series of level monthly, quarterly, semi-annual or annual installment payments (as specified by the AnnuitantParticipant) in an amount specified by the Annuitant Participant such that the period of payments is projected, as of the date of the first payment, to be a period of at least three years' duration.

Appears in 1 contract

Samples: Group Individual Retirement Annuity (Separate Account No 301 of Axa Equitable Life Insurance Co)

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