FIXED ANNUITIZATION. A series of periodic annuity income payments of predetermined amounts that do not vary with investment experience. Such payments are made from the Company's general asset account. This Contract provides several fixed annuity income payment options. GUARANTEE PERIOD The period for which interest is credited to amounts allocated to any available Fixed Account Option(s). We determine in Our sole discretion the periods, if any, that will be offered. IRC The Internal Revenue Code of 1986 or as it may be amended or superseded.
FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the proceeds payable under this Contract less any applicable premium taxes, shall be applied to the payment of the fixed annuity income payment option elected at rates which are at least equal to the annuity rates based upon the applicable tables in the Contract. In no event will the Fixed Annuitization be changed once it begins.
FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the Contract Value, less any applicable premium taxes, shall be applied to the payment of the fixed annuity payment option elected at rates which are at least equal to the annuity rates based upon the applicable tables in the Contract. In no event will the Fixed Annuitization be changed once it begins. AMOUNT OF FIXED ANNUITY PAYMENTS The amount of each fixed annuity payment will be determined by applying the portion of the Contract Value allocated by You for Fixed Annuitization, less any applicable premium taxes, to the annuity table applicable to the fixed annuity payment option chosen. AMOUNT OF VARIABLE ANNUITY PAYMENTS
FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the proceeds payable under this Contract less any applicable premium taxes, shall be applied to the payment of the fixed annuity income payment option elected at rates which are at least equal to the annuity rates based upon the applicable tables in the Contract. In no event will the Fixed Annuitization be changed once it begins. AMOUNT OF FIXED ANNUITY INCOME PAYMENTS The amount of each fixed annuity income payment will be determined by applying the portion of the Contract Value allocated by You for Fixed Annuitization on the Annuity Date, less any applicable premium taxes, to the annuity factor applicable to the fixed annuity income payment option chosen. In no event will the Fixed Annuitization be changed once it begins. AMOUNT OF VARIABLE ANNUITY INCOME PAYMENTS
FIXED ANNUITIZATION. A series of periodic income payments of predetermined amounts that do not vary with investment experience. Such payments are made from the Company's general asset account. This Contract provides several fixed annuity payment options. GUARANTEE PERIOD The period for which interest is credited to amounts allocated to available Fixed Account Options. We determine in our sole discretion the periods, if any, which will be offered. INITIAL PAYMENT ENHANCEMENT The Payment Enhancement allocated to Your Contract Value on the date a Purchase Payment is credited to Your Contract. IRC The Internal Revenue Code of 1986, as amended, or as it may be amended or superseded.
FIXED ANNUITIZATION. A series of periodic income payments of predetermined amounts that do not vary with investment experience. Such payments are made from the Company's general asset account. This Contract provides several fixed annuity payment options. GUARANTEE PERIOD The period for which interest is credited to amounts allocated to any available Fixed Account Options. We determine in Our sole discretion the periods, if any, that will be offered. IRC The Internal Revenue Code of 1986, as it may be amended or superseded. JOINT OWNER Any person named as Joint Owner on the Application or confirmation thereof and listed on the Contract Data Page, unless subsequently changed. The Joint Owner, if any, possesses an undivided interest in this Contract in conjunction with the Owner. All references within this Contract to Owner will also apply to the Joint Owner. We reserve Our right to require that Joint Owners be each others' spouse. AS-981 (5/06) LATEST ANNUITY DATE The later of the Owner's [95th birthday or ten years after the Contract Date]. If the Owner is a non-natural person, the Latest Annuity Date is the later of the Annuitant's [95th birthday or ten years after the Contract Date]. MULTI-YEAR FIXED ACCOUNT OPTIONS If available, Fixed Accounts for a Guarantee Period of at least two (2) years. NET PURCHASE PAYMENT The sum of all Purchase Payment(s), reduced for each Withdrawal in the same proportion that the Contract Value is reduced by each such Withdrawal. NYSE New York Stock Exchange.
FIXED ANNUITIZATION. A series of periodic income payments of predetermined amounts that do not vary with investment experience. Such payments are made from the Company's general asset account. This Certificate provides several fixed annuity payment options. GUARANTEE PERIOD The period for which interest is credited to amounts allocated to available Fixed Account Options. We determine in our sole discretion the periods, if any, which will be offered. INITIAL PAYMENT ENHANCEMENT The Payment Enhancement allocated to Your Certificate Value on the date a Purchase Payment is credited to Your Certificate. IRC The Internal Revenue Code of 1986, as amended, or as it may be amended or superseded.
FIXED ANNUITIZATION. A series of periodic income payments of predetermined amounts that do not vary with investment experience. Such payments are made from the Company's general asset account. This Contract provides several fixed annuity payment options. Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract. Gross Purchase Payments do not reflect the deduction of the Sales Charge. The amount of Your initial Gross Purchase Payment is shown on the Contract Data Page. GUARANTEE PERIOD The period for which interest is credited to amounts allocated to any available Fixed Account Option. We determine in our sole discretion the periods, if any, that will be offered. IRC The Internal Revenue Code of 1986, as amended, or as it may be amended or superseded.
FIXED ANNUITIZATION. A series of periodic income payments of predetermined amounts that do not vary with investment experience. Such payments are made from the Company's general asset account. This Contract provides several fixed annuity payment options. IRC The Internal Revenue Code of 1986, as amended, or as it may be amended or superseded.
FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the proceeds payable under this Contract less any applicable premium taxes, shall be applied to the payment of the fixed annuity income payment option elected at rates which are at least equal to the annuity rates based upon the applicable tables in the Contract. In no event will the Fixed Annuitization be changed once it begins. FS-995 (12/10) 16 The amount of each fixed annuity income payment will be determined by applying the portion of the Contract Value allocated by You for Fixed Annuitization on the Annuity Date, less any applicable premium taxes, to the annuity factor applicable to the fixed annuity income payment option chosen. In no event will the Fixed Annuitization be changed once it begins.
