LWA rrIF MAP Sample Clauses

LWA rrIF MAP. If the Contract is a RRIF, LIF, LRIF, PRIF or RLIF and, in any year in or following the LWA Commencement Date, payment of the LWA would be less than the MAP for that year, you may withdraw an additional amount that year from Income Class Units that, together with the LWA payments, aggregates not more than the LWA RRIF MAP. Such additional withdrawals will not be treated as an Excess Withdrawal. The “LWA rrIF MAP” is the amount determined according to the following formula: = x Aggregate Unit value of all Units allocated to the Contract on January 1 of that calendar year Aggregate Unit Value of all Income Class Units allocated to the Contract on January 1 of that calendar year MAP in effect for that calendar year LWA RRIF MAP
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