Common use of GUARANTEED INTEREST DIVISION Clause in Contracts

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, that have been withdrawn from the Guaranteed Interest Division pursuant to Sections 2.07, 208 or 2.10 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under this Contract terminates on the earliest of (i) your election and commencement of annuity benefits pursuant to Section 3.03, (ii) receipt of due proof of your death or (iii) Termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

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GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections Section 2.07, 208 2.08, or 2.10 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under this Contract terminates on the earliest of (i) your election and commencement of annuity benefits pursuant to Section 3.03, (ii) receipt of due proof of your death or death, and (iii) Termination of this Contract Contract, pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, assets which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 or Section 2.10 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections Section 2.07, 208 2.08, 2.10 or 2.10 2.11 or transferred from the Guaranteed Interest Division, Division pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under this Contract terminates on the earliest of (i) your election Election and commencement Commencement of annuity benefits Annuity Benefits pursuant to Section 3.03, (ii) receipt of due proof of your death death, or (iii) Termination termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, assets which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections 2.07, 208 2.08 or 2.10 or transferred from the Guaranteed Interest Division, Division pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under the terms of this Contract terminates on the earliest of (i) your election Election and commencement Commencement of annuity benefits Annuity Benefits pursuant to Section 3.03, (ii) receipt of due proof of your the Annuitant's death or (iii) Termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, assets which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections 2.07, 208 2.08 or 2.10 or transferred from the Guaranteed Interest Division, Division pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under the terms of this Contract terminates on the earliest of (i) your election Election and commencement Commencement of annuity benefits Annuity Benefits pursuant to Section 3.03, (ii) receipt of due proof of your Xxxxxxxxx's death or (iii) Termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections Section 2.07, 208 2.10 or 2.10 2.11 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under the terms of this Contract terminates on the earliest of (i) your election Election and commencement Commencement of annuity benefits Annuity Benefits pursuant to Section 3.03, (ii) receipt of due proof of your death death, or (iii) Termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections Section 2.07, 208 2.10 or 2.10 2.11 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under the terms of this Contract terminates on the earliest of (i) your election Election and commencement Commencement of annuity benefits Annuity Benefits pursuant to Section 3.03, (ii) receipt of due proof of your death death, or (iii) Termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections 2.07, 208 Section 2.07 or 2.10 2.09 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under this Contract terminates on the earliest of (i) your election and commencement of annuity benefits pursuant to Section 3.03the Retirement Date, (ii) receipt of due proof of your death the Annuitant's death, or (iii) Termination termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections Section 2.07, 208 2.10 or 2.10 2.11 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under the terms of this Contract terminates on the earliest of (i) your election Election and commencement Commencement of annuity benefits Annuity Benefits pursuant to Section 3.03, (ii) receipt of due proof of your death death, or (iii) Termination of this Contract pursuant to to. Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

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GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 or 2.13, plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections Section 2.07, 208 2.08 or 2.10 2.13 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under the terms of this Contract terminates on the earliest of (i) your election and commencement of annuity benefits Annuity Benefits pursuant to Section 3.03, (ii) receipt of due proof of your death or death, and (iii) Termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections Section 2.07, 208 2.08, or 2.10 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under this Contract terminates on the earliest of (i) your election and commencement of annuity benefits pursuant to Section 3.03, (ii) receipt of due proof of your death or death, and (iii) Termination termination of this Contract Contract, pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes as part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 or 2.13, plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections Section 2.07, 208 2.08 or 2.10 2.13 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under the terms of this Contract terminates on the earliest of (i) your election and commencement of annuity benefits Annuity Benefits pursuant to Section 3.03, (ii) receipt of due proof of your death or (death, iii) Termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections Section 2.07, 208 2.08, or 2.10 or transferred from the Guaranteed Interest Division, pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under this Contract terminates on the earliest of (i) your election and commencement of annuity benefits pursuant to Section 3.03, (ii) receipt of due proof of your death or death, and (iii) Termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

GUARANTEED INTEREST DIVISION. Any amount allocated to the Guaranteed Interest Division becomes part of our general assets, assets which support the guarantees of this Contract and other contracts. The amount in the Guaranteed Interest Division at any time is equal to the sum of all amounts that have been allocated to the Guaranteed Interest Division pursuant to Section 2.04 or Section 2.10 plus the amount of any interest accrued but not allocated, less the sum of all amounts, amounts that have been withdrawn from the Guaranteed Interest Division pursuant to Sections 2.07, 208 2.08 or 2.10 or transferred from the Guaranteed Interest Division, Division pursuant to Section 2.05. Interest is allocated to the Guaranteed Interest Division on a Transaction Date, Date pursuant to Section 2.04. We will credit the amount you have in the Guaranteed Interest Division with interest at effective annual rates that we determine. For each Class of Contracts, Contracts we determine a yearly guaranteed interest rate that will remain in effect throughout the next year. We guarantee that this yearly guaranteed interest rate will never be less than 3%. Participation in the Guaranteed Interest Division under the terms of this Contract terminates on the earliest of (i) your election Election and commencement Commencement of annuity benefits Annuity Benefits pursuant to Section 3.033.02, (ii) receipt of due proof of your the Annuitant's death or (iii) Termination of this Contract pursuant to Section 2.06.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us)

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