GAWA Payments. The GAWA under this Contract on the Contract Date is equal to the GAWA under the Prior Contract, unless a Ratchet Increase has increased the GAWA. If you have more than one Prior Contract and make more than one direct rollover Contribution, we will combine the amounts of the GAWA under each Prior Contract to determine the GAWA for this Contract.
Appears in 4 contracts
Samples: Separate Account a of Axa Equitable Life Insurance Co, Separate Account a of Axa Equitable Life Insurance Co, Separate Account a of Axa Equitable Life Insurance Co