Common use of Maintenance Fee Clause in Contracts

Maintenance Fee. The Maintenance Fee (see 6.01) will be deducted from the Current Value on each anniversary of the Individual Account Effective Date and upon surrender of the entire Individual Account.

Appears in 2 contracts

Samples: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co), Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

AutoNDA by SimpleDocs

Maintenance Fee. The Maintenance Fee (see 6.01) will be deducted from the Current Value on each the anniversary of the Individual Account Effective Date and upon on surrender of the entire Individual Account.

Appears in 2 contracts

Samples: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co), Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Maintenance Fee. The Maintenance Fee (see 6.01) will be deducted from the Current Value on each the anniversary of the Individual Account Effective Date effective date and upon on surrender of the entire Individual Account. Any portion of the Maintenance Fee deducted from the Fixed Account will not exceed the interest in excess of 4% and Net Purchase Payments credited to the Fixed Account during the 12 months prior to the deduction.

Appears in 1 contract

Samples: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Maintenance Fee. The Maintenance Fee (see 6.01) will be deducted from the Current Value on each anniversary of the Individual Account Effective Date effective date and upon surrender of the entire Individual Account. Any portion of the Maintenance Fee deducted from the Fixed Account will not exceed the interest in excess of 4% and Net Purchase Payments credited to the Fixed Account during the 12 months prior to the deduction.

Appears in 1 contract

Samples: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

AutoNDA by SimpleDocs

Maintenance Fee. The Maintenance Fee Fee, if any, (see 6.01) will be deducted from the Current Value on each anniversary of the Individual Account Effective Date Contract effective date and upon surrender of the entire Individual AccountContract.

Appears in 1 contract

Samples: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!