NUMBER OF LOANS OUTSTANDING. A Participant may have only one loan outstanding at any time and may not establish more than one loan in any six (6) month period. However, a Participant may renegotiate an outstanding loan balance once during the term of the loan.
Appears in 6 contracts
Samples: Lincoln National Variable Annuity Acct L GRP Var Annuity Ii, Va I Separate Account of Unum Life Ins Co of America, Va I Separate Account of Unum Life Ins Co of America
NUMBER OF LOANS OUTSTANDING. A Participant may have only one (1) loan outstanding at any time and may not establish more than one (1) loan in any six (6) month period. However, a Participant may renegotiate an outstanding loan balance once during during, the term of the loan. Form No.: GAC 96-101 (NYA) 27
Appears in 1 contract
Samples: Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii
NUMBER OF LOANS OUTSTANDING. A Participant may have only one (1) loan outstanding at any time and may not establish more than one (1) loan in any six (6) month period. However, a Participant may renegotiate an outstanding loan balance once during during, the term of the loan. Form No.: GAC 96-101 (NY) 27
Appears in 1 contract
Samples: Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii
NUMBER OF LOANS OUTSTANDING. A Participant may have only one (1) loan outstanding at any time and may not establish more than one (1) loan in any six (6) month period. However, a Participant may renegotiate an outstanding loan balance once during the term of the loanloan .
Appears in 1 contract
Samples: Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Iii
NUMBER OF LOANS OUTSTANDING. A Participant may have only one (1) loan outstanding at any time and may not establish more than one (1) loan in any six (6) month period. However, a Participant may renegotiate an outstanding loan balance once during during, the term of the loan.
Appears in 1 contract
Samples: Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii
