Common use of Periodic Payments Clause in Contracts

Periodic Payments. The first payment under the Annuity Options will be determined on the Annuity Date and will be made on the day following the Annuity Date. For a Beneficiary entitled to a death benefit due to the death of the Annuitant, the first payment will be made on the first day of the calendar month, or earlier at our option, next following the day we receive due proof of the Annuitant’s death and instructions regarding payment, (called the “Payment Start Date”), and such other documentation as we may require. Subsequent payments will be determined on the day in each payment period that corresponds to the Payment Start Date and will be made on the following day.

Appears in 10 contracts

Samples: Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Insurance Contract (Separate Account a of Pacific Life Insurance Co), Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co)

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Periodic Payments. The first payment under the Annuity Options will be determined on the Annuity Date and will be made on the day following the Annuity Date. For a Beneficiary entitled to a death benefit due to the death of any Owner, or Annuitant in the Annuitantcase of a Non-Natural Owner, the first payment will be made on the first day of the calendar month, or earlier at our option, next following the day we receive due proof of the Annuitant’s death and instructions regarding payment, (called the “Payment Start Date”), and such other documentation as we may require. Subsequent payments will be determined on the day in each payment period that corresponds to the Payment Start Date and will be made on the following day.

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Pacific Life & Annuity Co)

Periodic Payments. The first payment under the Annuity Options will be determined on the Annuity Date and will be made on the day following the Annuity Date. For a Beneficiary entitled to a death benefit due to the death of any Owner, or Annuitant in the Annuitantcase of a Non-Natural Owner, the first payment will be made on the first day of the calendar month, or earlier at our option, next following the day we receive due proof of the Annuitant’s death and instructions regarding payment, (called the “Payment Start Date”), and such other documentation as we may require. Subsequent payments will be determined on the day in each payment period that corresponds to the Payment Start Date and will be made on the following day.. 10-2253

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Pacific Life & Annuity Co)

Periodic Payments. The first payment under the Annuity Options will be determined on the Annuity Date and will be made on the day following the Annuity Date. For a Beneficiary entitled to a death benefit due to the death of the Annuitant, the first payment will be made on the first day of the calendar month, or earlier at our option, next following the day we receive due proof of the Annuitant’s death and instructions regarding payment, (called the “Payment Start Date”), and such other documentation as we may require. Subsequent payments will be determined on the day in each payment period that corresponds to the Payment Start Date and will be made on the following day.. The following Annuity Options are available under this Contract. Additional options may become available in the future:

Appears in 1 contract

Samples: Insurance Contract (Separate Account a of Pacific Life & Annuity Co)

Periodic Payments. The first payment under the Annuity these Options will be determined on the Annuity Date and will be made on the day following the Annuity Date. For a Beneficiary entitled to a death benefit due to the death of the Annuitant, the first payment will be made on the first day of the calendar month, or earlier at our option, next following the day we receive due proof of the Annuitant’s 's death and instructions regarding payment, (called the "Payment Start Date"), and such other documentation as we may require. Subsequent payments will be determined on the day in each payment period that corresponds to the Payment Start Date and will be made on the following day.

Appears in 1 contract

Samples: Individual Flexible Premium Deferred Variable Annuity Contract (Separate Account a of Pacific Life Insurance Co)

Periodic Payments. The first payment under the Annuity Options will be determined on the Annuity Date and will be made on the day following the Annuity Date. For a Beneficiary entitled to a death benefit due to the death of any Owner or the sole surviving Annuitant, the first payment will be made on the first day of the calendar month, or earlier at our option, next following the day we receive due proof of the Annuitant’s death and instructions regarding payment, (called the “Payment Start Date”), and such other documentation as we may require. Subsequent payments will be determined on the day in each payment period that corresponds to the Payment Start Date and will be made on the following day.. 10-2221 24

Appears in 1 contract

Samples: Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co)

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Periodic Payments. The first payment under the Annuity Options will be determined on the Annuity Date and will be made on the day following the Annuity Date. For a Beneficiary entitled to a death benefit due to the death of any Owner or the sole surviving Annuitant, the first payment will be made on the first day of the calendar month, or earlier at our option, next following the day we receive due proof of the Annuitant’s death and instructions regarding payment, (called the “Payment Start Date”), and such other documentation as we may require. Subsequent payments will be determined on the day in each payment period that corresponds to the Payment Start Date and will be made on the following day.. 10-2225 22

Appears in 1 contract

Samples: Annuity Contract (Separate Account a of Pacific Life & Annuity Co)

Periodic Payments. The first payment under the Annuity these Options will be determined on the Annuity Date and will be made on the day following the Annuity Date. For a Designated Beneficiary entitled to a death benefit due to the death of the Annuitant, the first payment will be made on the first day of the calendar month, or earlier at our option, next following the day we receive due proof of the Annuitant’s 's death and instructions regarding payment, (called the "Payment Start Date"), and such other documentation as we may require. Subsequent payments will be determined on the day in each payment period that corresponds to the Payment Start Date and will be made on the following day.

Appears in 1 contract

Samples: Individual Flexible Premium Deferred Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co)

Periodic Payments. The first payment under the Annuity Options will be determined on the Annuity Date and will be made on the day following the Annuity Date. For a Beneficiary entitled to a death benefit due to the death of the Annuitant, the first payment will be made on the first day of the calendar month, or earlier at our option, next following the day we receive due proof of the Annuitant’s death and instructions regarding payment, (called the “Payment Start Date”), and such other documentation as we may require. Subsequent payments will be determined on the day in each payment period that corresponds to the Payment Start Date and will be made on the following day.. Table of Contents

Appears in 1 contract

Samples: Insurance Contract (Separate Account a of Pacific Life Insurance Co)

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