Common use of Guaranteed Term Classifications Clause in Contracts

Guaranteed Term Classifications. The grouping of Terms according to their time to maturity. The following are the Classifications: (a) Short Term: Terms of up to and including 3 years; or (b) Long Term: Terms of greater than 3 years and up to and including 10 years. During a Deposit Period, Aetna may make available one or more Terms within a Classification. The Owner has the option to allocate Net Purchase Payment(s) and transfers into any or all of the available Deposit Period Terms. If no specific direction is given, Net Purchase Payment(s) and transfers will go into available Terms on a pro rata basis within the Classification(s) previously chosen by the Owner. At least one Term in the Short Term Classification will be available each Deposit Period.

Guaranteed Term Classifications. The grouping of Terms according to their time to maturity. The following are the Classifications: (a1) Short Short-Term: Terms of up to and including 3 years; or (b2) Long Long-Term: Terms of greater than 3 years and up to and including 10 years. EGAA-IO 1 During a Deposit Period, Aetna may make available one or more Terms within a Classification. The Owner Contract Holder has the option to allocate Net Purchase Payment(s) and transfers into any or all of the available Deposit Period Terms. If no specific direction is given, Net Purchase Payment(s) and transfers will go into available Terms on a pro rata basis within the Classification(s) previously chosen by the OwnerContract Holder. At least one Term in the Short Short-Term Classification will be available each Deposit Period.

Guaranteed Term Classifications. The grouping of Terms according to their time to maturity. The following are the Classifications: (a) Short Term: Terms of up to and including 3 years; or (b) Long Term: Terms of greater than 3 years and up to and including 10 years. During a Deposit Period, Aetna may make available one or more Terms within a Classification. The Owner has the option to allocate Net Purchase Payment(s) and EGAAE-IO 1 transfers into any or all of the available Deposit Period Terms. If no specific direction is given, Net Purchase Payment(s) and transfers will go into available Terms on a pro rata basis within the Classification(s) previously chosen by the Owner. At least one Term in the Short Term Classification will be available each Deposit Period.