Common use of Liquidation of Surrender Clause in Contracts

Liquidation of Surrender. All or any portion of the Contract's Value: Current Value may be surrendered at any time prior to the Annuity Date. Surrender requests can be submitted as a percentage of the Contract value or as a specific dollar amount. Net Purchase Payment amounts are withdrawn first, and then the excess value, if any. For any partial surrender, amounts are withdrawn on a pro rata basis from the Guaranteed Period(s) Groups of the AMG Account in which the Current Value is invested. Within a Guaranteed Period Group, the amount to be surrendered will be withdrawn first from the oldest Deposit Period, then from the next oldest, and so on until the amount requested is satisfied. After deduction of the Maintenance Fee and any Premium Tax, if applicable, the surrendered amount shall be reduced by a Surrender Fee, if applicable. An MVA may apply to amounts surrendered.

Liquidation of Surrender. All or any portion of the ContractAccount's Value: Current Value may be surrendered at any time prior to the Annuity Date. Surrender requests can be submitted as a percentage of to the Contract Account value or as a specific dollar amount. Net Purchase Payment amounts are withdrawn first, and then the excess value, if any. For any partial surrender, amounts are withdrawn on a pro rata basis from the Guaranteed Period(s) Groups of the AMG Account in which the Current Value is invested. Within a Guaranteed Period Group, the amount to be surrendered will be withdrawn first from the oldest Deposit Period, then from the next oldest, and so on until the amount requested is satisfied. After deduction of the Maintenance Fee and any Premium Tax, if applicable, the surrendered amount shall be reduced by a Surrender Fee, if applicable. An MVA may apply to amounts surrendered.

Liquidation of Surrender. All or any portion of the Contract's Adjusted Current Value: Current Value may be surrendered at any time prior to the Annuity Datetime. Surrender requests can be submitted as a percentage of the Contract value Adjusted Current Value or as a specific dollar amount. The Net Purchase Payment amounts are amount is withdrawn first, and then the excess value, if any. For any partial surrender, amounts Amounts are withdrawn on a pro rata basis from the Fund(s) and or the Guaranteed Period(sTerm(s) Groups of the AMG MG Account in which the Current Value is invested. Within a Guaranteed Period Term Group, the amount to be surrendered or transferred will be withdrawn first from the oldest Deposit Period, then from the next oldest, and so on until the amount requested is satisfied. After deduction of the Maintenance Fee and any Premium TaxFee, if applicable, the surrendered amount amounts shall be reduced by a Surrender Fee, if applicable. An MVA may apply to amounts surrendered.