Common use of Limitations on Transfers Clause in Contracts

Limitations on Transfers. (a) The Participant may not direct a transfer with regard to his Participant Account's share of any Investment Option in an amount less than $500 or the Participant Account's entire share, if less than $500. If such a transfer reduces the Participant Account's remaining share of an Investment Option to less than $500, the entire remaining share shall also be transferred.

Appears in 8 contracts

Samples: Aul American Unit Trust, Aul American Unit Trust, Aul American Unit Trust

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Limitations on Transfers. (a) The Participant may not direct a minimum transfer with regard to his from the Participant Account's share of any Investment Option in an amount less than is the lesser of $500 or the Participant Account's entire shareshare of that Investment Option. However, if less than $500. If such a that transfer reduces the Participant Account's remaining share of an that Investment Option to less than $500, the entire remaining share shall also be transferred.

Appears in 5 contracts

Samples: Aul American Unit Trust, Aul American Unit Trust, Aul American Unit Trust

Limitations on Transfers. (a) The Participant may not direct a A transfer with regard to his the Participant Account's share of any Investment Option shall not be made in an amount less than $500 or the Participant Account's entire share, if less than $500. If such a transfer reduces the Participant Account's remaining share of an Investment Option to less than $500, the entire remaining share shall also be transferred.

Appears in 2 contracts

Samples: Aul American Unit Trust, Aul American Unit Trust

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Limitations on Transfers. (a) The Participant Contractholder may not direct a transfer with regard to his the Participant Account's share of any Investment Option in an amount less than $500 or the Participant Account's entire share, if less than $500. If such a transfer reduces the Participant Account's remaining share of an Investment Option to less than $500, the entire remaining share shall also be transferred.

Appears in 1 contract

Samples: Aul American Unit Trust

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