Common use of Optional Payment Plans Clause in Contracts

Optional Payment Plans. 17 Copies of any application, riders and endorsements follow page 21. DEFINITIONS ________________________________________________________________________________ ACCUMULATION UNIT - Unit of measure used in calculating the Contract Value in the Separate Account prior to the Annuity Commencement Date. ANNUITANT / JOINT ANNUITANT - The person(s) named on the Contract data pages whose age and, where appropriate, gender are used in determining the amount of the monthly income benefits. ANNUITY COMMENCEMENT DATE - The date stated on the Contract data pages, unless changed after issue, on which Income Payments are scheduled to commence, if the Annuitant(s) is living on that date. ANNUITY COMMENCEMENT VALUE - The Surrender Value on the day immediately preceding the Annuity Commencement Date. ANNUITY UNIT - Unit of measure used in determining the amount of the second and each subsequent Variable Income Payment. ASSUMED INTEREST RATE - Interest rate used in calculating the Variable Income Payment amounts. THE COMPANY - GE Life and Annuity Assurance Company. "We", "us" or "our" refers to the Company. CONTRACT - This Contract with any attached application and any riders and endorsements. CONTRACT DATE - Date the Contract is issued and becomes effective. The Contract Date is shown on the Contract data pages and is used to determine Contract years and anniversaries. CONTRACT VALUE - The sum of the values allocated to each Investment Option.

Appears in 1 contract

Samples: Ge Life & Annuity Assurance Co Iv

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Optional Payment Plans. 17 18 Copies of any application, riders and endorsements follow page 2122. DEFINITIONS ________________________________________________________________________________ -------------------------------------------------------------------------------- ACCUMULATION UNIT - Unit of measure used in calculating the Contract Value in the Separate Account prior to the Annuity Commencement Date. ANNUITANT / JOINT ANNUITANT - The person(s) named on the Contract data pages whose age and, where appropriate, gender are used in determining the amount of the monthly income benefits. ANNUITY COMMENCEMENT DATE - The date stated on the Contract data pages, unless changed after issue, on which Income Payments are scheduled to commence, if the Annuitant(s) is living on that date. ANNUITY COMMENCEMENT VALUE - The Surrender Value on the day immediately preceding the Annuity Commencement Date. ANNUITY UNIT - Unit of measure used in determining the amount of the second and each subsequent Variable Income Payment. ASSUMED INTEREST RATE - Interest rate used in calculating the Variable Income Payment amounts. THE COMPANY - GE Life and Annuity Assurance Company. "We", "us" or "our" refers to the Company. CONTRACT - This Contract with any attached application and any riders and endorsements. CONTRACT DATE - Date the Contract is issued and becomes effective. The Contract Date is shown on the Contract data pages and is used to determine Contract years and anniversaries. CONTRACT VALUE - The sum of the values allocated to each Investment Option.

Appears in 1 contract

Samples: Ge Life & Annuity Assurance Co Iv

Optional Payment Plans. 17 Copies of any application, riders and endorsements follow page 21. DEFINITIONS ________________________________________________________________________________ -------------------------------------------------------------------------------- ACCUMULATION UNIT - Unit of measure used in calculating the Contract Value in the Separate Account prior to the Annuity Commencement Date. ANNUITANT / JOINT ANNUITANT - The person(s) named on the Contract contract data pages whose age and, where appropriate, gender are used in determining the amount of the monthly income benefits. ANNUITY COMMENCEMENT DATE - The date stated on the Contract contract data pages, unless changed after issue, on which Income Payments are scheduled to commence, if the Annuitant(s) is living on that date. ANNUITY COMMENCEMENT VALUE - The Surrender Value on the day immediately preceding the Annuity Commencement Date. ANNUITY UNIT - UNIT- Unit of measure used in determining the amount of the second and each subsequent Variable Income Payment. ASSUMED INTEREST RATE - Interest rate used in calculating the Variable Income Payment amounts. THE COMPANY - GE Life and Annuity Assurance Company. "We", "us" or "our" refers to the Company. CONTRACT - This Contract contract with any attached application and any riders and endorsements. CONTRACT DATE - Date the Contract is issued and becomes effective. The Contract Date is shown on the Contract contract data pages and is used to determine Contract contract years and anniversaries. CONTRACT VALUE - The sum of the values allocated to each Investment Option.

Appears in 1 contract

Samples: Ge Life & Annuity Assurance Co Iv

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Optional Payment Plans. 17 19 Copies of any application, application riders and endorsements follow page 2122. DEFINITIONS ________________________________________________________________________________ -------------------------------------------------------------------------------- ACCUMULATION UNIT - Unit of measure used in calculating the Contract Value in the Separate Account prior to the Annuity Commencement Date. ANNUITANT / ANNUITANT/JOINT ANNUITANT - The person(s) named on the Contract data pages whose age and, where appropriate, gender are used in determining the amount of the monthly income benefits. ANNUITY COMMENCEMENT DATE - The date stated on the Contract data pages, unless changed after issue, on which Income Payments are scheduled to commence, if the Annuitant(s) is living on that date. ANNUITY COMMENCEMENT VALUE - The Surrender Value on the day immediately preceding the Annuity Commencement Date. ANNUITY UNIT - Unit of measure used in determining the amount of the second and each subsequent Variable Income Payment. ASSUMED INTEREST RATE - Interest rate used in calculating the Variable Income Payment amounts. THE COMPANY - GE Capital Life and Annuity Assurance CompanyCompany of New York. "We", "us" or "our" refers to the Company. CONTRACT - This Contract with any attached application and any riders and endorsements. CONTRACT DATE - Date the Contract is issued and becomes effective. The Contract Date is shown on the Contract data pages and is used to determine Contract years and anniversaries. CONTRACT VALUE - The sum of the values allocated to each Investment Option.

Appears in 1 contract

Samples: Ge Capital Life Separate Account Ii

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