EFFECT OF AN UNSCHEDULED CLOSE DAY. An unscheduled close day for any given Segment Type is a Business Day on which the value of the Index for the Segment Type is scheduled to be published but is not published. If an unscheduled close day occurs between a Segment Start Date and a Segment Maturity Date, we may defer withdrawals from that Segment as described in Section 10.03, “Deferment.”
Appears in 8 contracts
Samples: Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable America Variable Account No.70A), Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable Financial Life Insurance Co of America), Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable Financial Life Insurance Co of America)
EFFECT OF AN UNSCHEDULED CLOSE DAY. An unscheduled close day for any given Segment Type is a Segment Business Day on which the value of the Index for the Segment Type is scheduled to be published but is not published. If an unscheduled close day occurs between a Segment Start Date and a Segment Maturity Date, we may defer withdrawals from that Segment as described in Section 10.03, “Deferment.”
Appears in 2 contracts
Samples: Flexible Premium Deferred Variable and Index Linked Annuity Contract (Separate Acct No 49 of Axa Equitable Life Insurance Co), Flexible Premium Deferred Variable and Index Linked Annuity Contract (Separate Acct No 49 of Axa Equitable Life Insurance Co)
EFFECT OF AN UNSCHEDULED CLOSE DAY. An unscheduled close day for any given Segment Type is a Segment Business Day on which the value of the Index for the Segment Type is scheduled to be published but is not published. If an unscheduled close day occurs between a Segment Start Date and a Segment Maturity Date, we may defer withdrawals from that Segment as described in Section 10.03, “"Deferment.”"
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