Common use of Partial Withdrawals Clause in Contracts

Partial Withdrawals. The Annuitant may elect by written notice to Equitable to take a partial withdrawal from the Annuitant's Accounts on or before the Annuutant's Retirement Date, subject to Equitable's advance written consent if such withdrawal is for an amount of less than $250. If such election would result in the sum of the amounts then in the Annuitant's Investment Accounts to be less than $100, Equitable will deem such election to be an election by the Annuitant to terminate the Contract and will make the payment described in Section 3.10 in lieu of any payment under this Section unless the Annuitant requests that the Contract issued pursuant to Section 5.01 be permitted to remain in effect and Equitable agrees. Upon a partial withdrawal, Equitable will pay to the Annuitant the lesser of (i) the Cash Value of the Annuitant's Accounts or (ii) the amount of partial withdrawal requested. Unless Equitable is otherwise directed by the Annuitant in accordance with Equitable's requirements, the amount so paid will be withdrawn from the Annuitant's Investment Accounts in proportion to the amount of the Annuitant's Account Balance in each such Investment Account. Unless otherwise directed by the Annuitant, withdrawals from the Guaranteed Rate Account will be made from the Guarantee with the most recent Contribution Quarter of each Duration (that is, one year, three year and so forth) represented in the Annuitant's Guaranteed Rate Account in the same proportion that the sum of the Accrued Values of the Annuitant's Guarantees of each Duration bears to the Account Balance of the Annuitant's Guaranteed Rate Account, or, if such Accrued Values prove insufficient, from the Guarantee or Guarantees with the next most recent Contribution Quarter. Notwithstanding anything to the contrary in this Section, withdrawals pursuant to this Section may not be made from a Guarantee in the Guaranteed Rate Account during its Contribution Quarter. Upon any payment to the Annuitant's pursuant to this Section, Equitable will be released from any and all liability for payments with respect to the Contributions from which the amounts so withdrawn arose. Payments to the Annuitant pursuant to this Section may be deferred by Equitable in accordance with the provisions of Section 5.06.

Partial Withdrawals. The Annuitant Participant may elect by written notice to AXA Equitable to take make a partial withdrawal from the AnnuitantParticipant's Accounts on or before the AnnuutantParticipant's Retirement Date, subject to AXA Equitable's advance written consent if such withdrawal is for an amount of less than $250. If such election would result in the sum of the amounts then in the AnnuitantParticipant's Investment Accounts to be being less than $100, AXA Equitable will deem such election to be instead an election by the Annuitant Participant to terminate Participation under the Contract and will make the payment described in Section 3.10 in lieu of any payment under this Section unless the Annuitant Participant requests that the Contract certificate issued pursuant to Section 5.01 5.09 be permitted to remain in effect and AXA Equitable agrees. Upon a partial withdrawal, AXA Equitable will pay to the Annuitant Participant the lesser of (i) the Cash Value of the AnnuitantParticipant's Accounts or (ii) the amount of partial withdrawal requested. Unless AXA Equitable is otherwise directed by the Annuitant Participant in accordance with AXA Equitable's requirements, the amount so paid will be withdrawn from the AnnuitantParticipant's Investment Accounts in proportion to the amount of the AnnuitantParticipant's Account Balance in each such Investment Account. Unless otherwise directed by the AnnuitantParticipant, withdrawals from the Guaranteed Rate Account will be made from the Guarantee with the most recent Contribution Quarter of each Duration (that is, one year, three year and so forth) represented in the AnnuitantParticipant's Guaranteed Rate Account in the same proportion that the sum of the Accrued Values of the AnnuitantParticipant's Guarantees of each Duration bears to the Account Balance of the AnnuitantParticipant's Guaranteed Rate Account, or, if such Accrued Values prove insufficient, from the Guarantee or Guarantees with the next most recent Contribution Quarter. Notwithstanding anything to the contrary in this Section, withdrawals pursuant to this Section may not be made from a Guarantee in the Guaranteed Rate Account during its Contribution Quarter. Upon any payment to the Annuitant's Participant pursuant to this Section, AXA Equitable will be released from any and all liability for payments with respect to the Contributions contributions from which the amounts so withdrawn arose. Payments to the Annuitant Participant pursuant to this Section may be deferred by AXA Equitable in accordance with the provisions of Section 5.06.

Partial Withdrawals. The Annuitant may elect by written notice to AXA Equitable to take a partial withdrawal from the Annuitant's Accounts on or before the Annuutant's Retirement Date, subject to AXA Equitable's advance written consent if such withdrawal is for an amount of less than $250. If such election would result in the sum of the amounts then in the Annuitant's Investment Accounts to be less than $100, AXA Equitable will deem such election to be an election by the Annuitant to terminate the Contract and will make the payment described in Section 3.10 in lieu of any payment under this Section unless the Annuitant requests that the Contract issued pursuant to Section 5.01 be permitted to remain in effect and AXA Equitable agrees. Upon a partial withdrawal, AXA Equitable will pay to the Annuitant the lesser of (i) the Cash Value of the Annuitant's Accounts or (ii) the amount of partial withdrawal requested. Unless AXA Equitable is otherwise directed by the Annuitant in accordance with AXA Equitable's requirements, the amount so paid will be withdrawn from the Annuitant's Investment Accounts in proportion to the amount of the Annuitant's Account Balance in each such Investment Account. Unless otherwise directed by the Annuitant, withdrawals from the Guaranteed Rate Account will be made from the Guarantee with the most recent Contribution Quarter of each Duration (that is, one year, three year and so forth) represented in the Annuitant's Guaranteed Rate Account in the same proportion that the sum of the Accrued Values of the Annuitant's Guarantees of each Duration bears to the Account Balance of the Annuitant's Guaranteed Rate Account, or, if such Accrued Values prove insufficient, from the Guarantee or Guarantees with the next most recent Contribution Quarter. Notwithstanding anything to the contrary in this Section, withdrawals pursuant to this Section may not be made from a Guarantee in the Guaranteed Rate Account during its Contribution Quarter. Upon any payment to the Annuitant's pursuant to this Section, AXA Equitable will be released from any and all liability for payments with respect to the Contributions from which the amounts so withdrawn arose. Payments to the Annuitant pursuant to this Section may be deferred by AXA Equitable in accordance with the provisions of Section 5.06.

Partial Withdrawals. The Annuitant may elect by written notice to AXA Equitable to take a partial withdrawal from the Annuitant's Accounts on or before the Annuutant's Retirement Date, subject to AXA Equitable's advance written consent if such withdrawal is for an amount of less than $250. If such election would result in the sum of the amounts then in the Annuitant's Investment Accounts to be less than $100, AXA Equitable will deem such election to be an election by the Annuitant to terminate the Contract and will make the payment described in Section 3.10 in lieu of any payment under this Section unless the Annuitant requests that the Contract issued pursuant to Section 5.01 be permitted to remain in effect and AXA Equitable agrees. Upon a partial withdrawal, AXA Equitable will pay to the Annuitant the lesser of (i) the Cash Value of the Annuitant's Accounts or (ii) the amount of partial withdrawal requested. Unless AXA Equitable is otherwise directed by the Annuitant in accordance with AXA Equitable's requirements, the amount so paid will be withdrawn from the Annuitant's Investment Accounts in proportion to the amount of the Annuitant's Account Balance in each such Investment Account. Unless otherwise directed by the Annuitant, withdrawals from the Guaranteed Rate Account will be made from the Guarantee with the most recent Contribution Quarter of each Duration (that is, one year, three year and so forth) represented in the Annuitant's Guaranteed Rate Account in the same proportion that the sum of the Accrued Values of the Annuitant's Guarantees of each Duration bears 301-10,000-2002 Page 13 to the Account Balance of the Annuitant's Guaranteed Rate Account, or, if such Accrued Values prove insufficient, from the Guarantee or Guarantees with the next most recent Contribution Quarter. Notwithstanding anything to the contrary in this Section, withdrawals pursuant to this Section may not be made from a Guarantee in the Guaranteed Rate Account during its Contribution Quarter. Upon any payment to the Annuitant's pursuant to this Section, AXA Equitable will be released from any and all liability for payments with respect to the Contributions from which the amounts so withdrawn arose. Payments to the Annuitant pursuant to this Section may be deferred by AXA Equitable in accordance with the provisions of Section 5.06.

Partial Withdrawals. The Annuitant may elect by written notice to AXA Equitable to take a partial withdrawal from the Annuitant's Accounts on or before the Annuutant's Retirement Date, subject to AXA Equitable's advance written consent if such withdrawal is for an amount of less than $250. If such election would result in the sum of the amounts then in the Annuitant's Investment Accounts to be less than $100, AXA Equitable will deem such election to be an election by the Annuitant to terminate the Contract and will make the payment described in Section 3.10 in lieu of any payment under this Section unless the Annuitant requests that the Contract issued pursuant to Section 5.01 be permitted to remain in effect and AXA Equitable agrees. Upon a partial withdrawal, AXA Equitable will pay to the Annuitant the lesser of (i) the Cash Value of the Annuitant's Accounts or (ii) the amount of partial withdrawal requested. Unless AXA Equitable is otherwise directed by the Annuitant in accordance with AXA Equitable's requirements, the amount so paid will be withdrawn from the Annuitant's Investment Accounts in proportion to the amount of the Annuitant's Account Balance in each such Investment Account. Unless otherwise directed by the Annuitant, withdrawals from the Guaranteed Rate Account will be made from the Guarantee with the most recent Contribution Quarter of each Duration (that is, one year, three year and so forth) represented in the Annuitant's Guaranteed Rate Account in the same proportion that the sum of the Accrued Values of the Annuitant's Guarantees of each Duration bears 301-10,000-2002 (NC) Page 13 to the Account Balance of the Annuitant's Guaranteed Rate Account, or, if such Accrued Values prove insufficient, from the Guarantee or Guarantees with the next most recent Contribution Quarter. Notwithstanding anything to the contrary in this Section, withdrawals pursuant to this Section may not be made from a Guarantee in the Guaranteed Rate Account during its Contribution Quarter. Upon any payment to the Annuitant's pursuant to this Section, AXA Equitable will be released from any and all liability for payments with respect to the Contributions from which the amounts so withdrawn arose. Payments to the Annuitant pursuant to this Section may be deferred by AXA Equitable in accordance with the provisions of Section 5.06.