Common use of Guaranteed Withdrawals When the Guaranteed Withdrawal Market Value Reaches Zero Clause in Contracts

Guaranteed Withdrawals When the Guaranteed Withdrawal Market Value Reaches Zero. Subject to Section 8, if the Guaranteed Withdrawal Market Value is $0.00 and the A[Annual Guaranteed Withdrawal Amount]is greater than $0.00 on or after the Guaranteed Withdrawal Lock-In Date, We will make one or more payments each Year from Our general account that in the aggregate with any Guaranteed Withdrawal taken during such Year from an Eligible Investment shall equal the A[Annual Guaranteed Withdrawal Amount]. Any payment from Our general account will be made in one or more payments and:

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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Guaranteed Withdrawals When the Guaranteed Withdrawal Market Value Reaches Zero. Subject to Section 8, if the Guaranteed Withdrawal Market Value is $0.00 and the A[Annual [Annual Guaranteed Withdrawal Amount]is Amount] is greater than $0.00 on or after the Guaranteed Withdrawal Lock-In Date, We will make one or more payments each Year from Our general account that in the aggregate with any Guaranteed Withdrawal taken during such Year from an Eligible Investment shall equal the A[Annual [Annual Guaranteed Withdrawal Amount]. Any payment from Our general account will be made in one or more payments and:

Appears in 2 contracts

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

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