Minimum Initial Current Value Sample Clauses

The "Minimum Initial Current Value" clause sets a baseline value that must be met or exceeded at the start of a contract or transaction. In practice, this could refer to a minimum amount of funds, assets, or other measurable criteria that must be present or provided before the agreement becomes effective or certain obligations are triggered. For example, a financial agreement might require a minimum deposit or asset value to be maintained at inception. This clause ensures that both parties have a clear understanding of the minimum starting point, reducing the risk of disputes and providing a safeguard against underperformance or insufficient resources at the outset.
Minimum Initial Current Value. At its discretion, Aetna may require a minimum initial Current Value for election of this option. If after election of this option the Current Value is insufficient to make a scheduled SWO payment, Aetna will distribute the entire Account balance.