Common use of EXCESS WITHDRAWAL Clause in Contracts

EXCESS WITHDRAWAL. The aggregate amount of Withdrawals in any Year in excess of the A[Annual Guaranteed Withdrawal Amount] for that Year other than: (1) certain Withdrawals to comply with the requirements of Section 401(a)(9) of the Code as set forth in Section 12.3 of this Rider, and (2) any Agreement related Expenses described in Section 7.3 of this Rider. Excess Withdrawals in any Year are not reduced by the amount of any subsequent Deposits or Transfers allocated to an Eligible Investment during such Year.

Appears in 3 contracts

Samples: Investment Agreement (Priac Variable Contract Account A), Investment Agreement (Priac Variable Contract Account A), Investment Agreement (Priac Variable Contract Account A)

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EXCESS WITHDRAWAL. The aggregate amount of Withdrawals in any Year in excess of the A[Annual [Annual Guaranteed Withdrawal Amount] for that Year other than: (1) certain Withdrawals to comply with the requirements of Section 401(a)(9) of the Code as set forth in Section 12.3 of this Rider, and (2) any [Agreement related / Contract]-related Expenses described in Section 7.3 of this Rider. Excess Withdrawals in any Year are not reduced by the amount of any subsequent Deposits or Transfers allocated to an Eligible Investment during such Year.. GA-2060-TGWB-0805

Appears in 2 contracts

Samples: Investment Agreement (Priac Variable Contract Account A), Investment Agreement (Priac Variable Contract Account A)

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