Common use of PARTICIPANT'S ACCOUNT BALANCE IN GUARANTEED INTEREST Clause in Contracts

PARTICIPANT'S ACCOUNT BALANCE IN GUARANTEED INTEREST. DIVISION: The dollar value of a Participant's Account balance in the Guaranteed Interest Division as of a date will be equal to the sum of: (a) Contributions allocated, on behalf of the Participant, to the Guaranteed Interest Division on or prior to that date, and (b) Xxxxxxx transferred, on behalf of the Participant, to the Guaranteed Interest Division from the Variable Investment Division on or prior to that date, less any; (c) Gross Withdrawal Amounts from the Guaranteed Interest Division, on behalf of the Participant, on or prior to that date; and (x) Xxxxxxx transferred, on behalf of the Participant, to the Variable Investment Division on or prior to that date; and (e) Applicable charges to the Participant's Account on or prior to that date; and (f) Annuity Conversion Amounts, on behalf of the Participant, on or prior to that date, plus any; (g) Interest credited to the Participant's Account balance in the Guaranteed Interest Division on or prior to that date.

Appears in 7 contracts

Samples: Group Variable Annuity Contract (Va I Separate Account of Unum Life Ins Co of America), Group Variable Annuity Contract (Lincoln National Variable Annuity Acct L GRP Var Annuity Ii), Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii)

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PARTICIPANT'S ACCOUNT BALANCE IN GUARANTEED INTEREST. DIVISION: The dollar value of a Participant's Account balance in the Guaranteed Interest Division as of a date will be equal to the sum of: (a) Contributions allocated, on behalf of the Participant, to the Guaranteed Interest Division on or prior to that date, and (b) Xxxxxxx Amounts transferred, on behalf of the Participant, to the Guaranteed Interest Division from the Variable Investment Division on or prior to that date, less any; (c) Gross Withdrawal Amounts from the Guaranteed Interest Division, on behalf of the Participant, on or prior to that date; and (xd) Xxxxxxx Amounts transferred, on behalf of the Participant, to the Variable Investment Division on or prior to that date; and (e) Applicable charges to the Participant's Account on or prior to that date; and (f) Annuity Conversion Amounts, on behalf of the Participant, on or prior to that date, plus any; (g) Interest credited to the Participant's Account balance in the Guaranteed Interest Division on or prior to that date.

Appears in 2 contracts

Samples: Group Variable Annuity Contract (Va I Separate Account of Unum Life Ins Co of America), Group Variable Annuity Contract (Va I Separate Account of Unum Life Ins Co of America)

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