Common use of Maintenance Charge Clause in Contracts

Maintenance Charge. 9.01 Maintenance Charge - We will deduct an annual maintenance charge as shown in the Contract Schedule from the Certificate Holder's Account during the Accumulation Period. We will deduct the maintenance charge on the anniversary of the Effective Date of the Certificate for the Certificate Holder's Account. This maintenance charge is also deducted upon withdrawal of the entire Adjusted Certificate Holder's Account. The maintenance charge is deducted proportionately from each investment option used.

Appears in 7 contracts

Samples: Variable Annuity Account I of Aetna Insurance Co of America, Variable Annuity Account I of Aetna Insurance Co of America, Variable Annuity Account I of Aetna Insurance Co of America

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Maintenance Charge. 9.01 Maintenance Charge - We will deduct an annual maintenance charge as shown in the Contract Schedule from the Certificate Holder's Account Contract Value during the Accumulation Period. We will deduct the maintenance charge on the anniversary of the Effective Date of the Certificate for the Certificate Holder's AccountContract. This maintenance charge is also deducted upon withdrawal of the entire Adjusted Certificate Holder's AccountContract Value. The maintenance charge is deducted proportionately from each investment option used.

Appears in 2 contracts

Samples: Variable Annuity Account I of Aetna Insurance Co of America, Variable Annuity Account B of Aetna Life Ins & Annuity Co

Maintenance Charge. 9.01 Maintenance Charge - We will deduct an annual maintenance charge as shown in the Contract Schedule from the Certificate Holder's Account Contract Value during the Accumulation Period. We will deduct the maintenance charge on the anniversary of the Effective Date of the Certificate for the Certificate Holder's AccountContract. This maintenance charge is also deducted upon withdrawal of the entire Adjusted Certificate Holder's AccountContract Value. The maintenance charge is deducted proportionately from each investment option used.

Appears in 1 contract

Samples: VOYA RETIREMENT INSURANCE & ANNUITY Co

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Maintenance Charge. 9.01 Maintenance Charge - We will deduct an annual maintenance charge as shown in the Contract Schedule from the Certificate Holder's Account during the Accumulation Period. We will deduct the maintenance charge on the anniversary of the Effective Date of the Certificate for the Certificate Holder's Account. This maintenance charge is also deducted upon withdrawal of the entire Adjusted Certificate Holder's Account. The maintenance charge is deducted proportionately from each investment option used.

Appears in 1 contract

Samples: VOYA RETIREMENT INSURANCE & ANNUITY Co

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