Partial Withdrawals. At any time any Holder shall be entitled to request a withdrawal of such portion of the Interest held by such Holder as such Holder shall request.
Partial Withdrawals. The Reinsurer will pay the Ceding Company that ------------------- portion of Partial Withdrawals paid by the Ceding Company on annuities reinsured hereunder which corresponds to the portion of the annuities reinsured hereunder.
Partial Withdrawals. 8 Section 6.2 Redemptions . . . . . . . . . . . . . . . . 8 Section 6.3 Distribution in Kind . . . . . . . . . . . . 8 ARTICLE VII--Liquidation
Partial Withdrawals. The Owner, by Request, may make a partial withdrawal from the Annuity Account Value during the Accumulation Period. Partial withdrawals are subject to the Withdrawal Charge. The Owner must elect the Sub-Account or combination of them, from which a partial withdrawal is to be made and the amount to be withdrawn from each Sub-Account. Partial withdrawals from the Income Segment are subject to terms of the Rider. J777ny 11 The minimum partial withdrawal amount is $500. After any partial withdrawal, if the remaining Investment Segment Account Value is less than $2,000, and no contributions have been made for at least two years, then a full surrender of the Investment Segment may be required. The Annuity Account Value will be reduced by the partial withdrawal amount and the guaranteed minimum death benefit, if applicable, will be reduced on a pro-rated basis. Numerical Example Sum of Contract Contributions = $50,000 Annuity Account Value = $40,000 Withdrawal amount* - $4,000 Adjustment = $36,000 ($40,000 - $4,000)/$40,000 = 0.90 Guaranteed Minimum Death Benefit = $45,000 ($50,000 x 0.90) *Withdrawal amount subject to a Withdrawal Charge. The following terms apply:
(a) No partial withdrawals are permitted after the Annuity Commencement Date, except as provided by the Rider, if applicable.
(b) If a partial withdrawal is made within 30 days of the date annuity payouts are scheduled to commence, the Company may delay the Annuity Commencement Date by 30 days.
(c) A partial withdrawal will be effective upon the Transaction Date.
(d) Partial withdrawals are subject to the Withdrawal Charge provisions of section 7.04, below.
Partial Withdrawals. 8 Section 6.2 Redemptions . . . . . . . . . .
Partial Withdrawals. Subject to any restrictions under the terms of the Plan, you may elect by written notice to us to make a partial withdrawal from the Divisions. On the Transaction Date, we will pay the lesser of the Cash Value or the amount of partial withdrawal requested to you. The amount paid plus any withdrawal charge applicable pursuant to Section 2.08 will be withdrawn from the amounts you have in the Divisions. Unless instructed otherwise, the amount withdrawn (including any withdrawal charge) will be allocated among the Divisions in proportion to the amounts that you have in such Divisions. We will pay the Cash Value or Annuity Account Value, as applicable, directly to you unless you give us written notice at the time of the withdrawal that you request us to make payment to the Annuitant or another person, and that such payment is permissible under the Plan. Upon any partial withdrawal payment, we will be released from any and all liability for payments with respect to the Contributions from which the amounts so withdrawn arose. Partial withdrawal payments may be deferred by us in accordance with the provisions of Section 4.07. We may decline to accept a request for a partial withdrawal less than $300. If a withdrawal under this Section would result in an Annuity Account Value of less than $500, we will so advise you and reserve the right to pay the Annuity Account Value to you, and terminate this Contract.
Partial Withdrawals. 8 Section 6.2 Redemptions ...........................................8 Section 6.3 Distribution in Kind...................................8 ARTICLE VII--LIQUIDATION
Partial Withdrawals. Withdrawal is a request for an amount less than the total Contract Value. Each Partial Withdrawal must be greater than or equal to the Minimum Partial Withdrawal shown on the Contract Schedule. When you request a Partial Withdrawal, we deduct the amount you request, plus any applicable Withdrawal Charge from the total Contract Value. We apply the Withdrawal Charge to this total amount. We deduct Partial Withdrawals proportionately from the Allocation Options, unless we receive alternate instructions. We deduct a Partial Withdrawal from the Contract Value at the end of the Business Day that we process the Withdrawal request. If you request a Partial Withdrawal that causes the Contract Value to be less than the Minimum Required Value shown on the Contract Schedule, we treat your request as a Full Withdrawal.
Partial Withdrawals. The Owner may make a partial withdrawal from the Annuity Account Value at any time, by Request, prior to the Annuity Commencement Date and subject to the terms of this Contract. By Request, the Owner must elect the Sub-Account or combination of them, from which a partial withdrawal is to be made and the amount to be withdrawn from each Sub-Account. Partial withdrawals from the Income Segment are subject to the terms of the Rider. The minimum partial withdrawal amount is $500. After any partial withdrawal, if the remaining Investment Segment Account Value is less than $2,000, and no contributions have been made for at least two years, then a full surrender of the Investment Segment may be required. The Annuity Account Value will be reduced by the partial withdrawal amount and the Guaranteed Minimum Death Benefit, if applicable, will be reduced on a pro-rated basis.
Partial Withdrawals. 5 Payee............................................................. 12
