Common use of Postponement of Withdrawals or Transfers Clause in Contracts

Postponement of Withdrawals or Transfers. The Company reserves the right to defer the payment of a total withdrawal from the Interest Accumulation Account in connection with the termination of this Contract for up to six months following the date of receipt of such request. The Company shall transfer or pay the amount of any withdrawal from any Investment Fund within seven days of the Valid Transaction Date of a transfer or withdrawal request, except that the Company may defer any such transfer or withdrawal if:

Appears in 8 contracts

Samples: Mutual of America Separate Account No 2, Mutual of America Separate Account No 2, Mutual of America Separate Account No 2

AutoNDA by SimpleDocs

Postponement of Withdrawals or Transfers. The Company reserves the right to defer the payment of a total withdrawal from the Interest Accumulation Account in connection with the termination of this the Contract for up to six months following the date of receipt of such request. The Company shall transfer or pay the amount of any withdrawal from any Investment Fund within seven days of the Valid Transaction Date of a transfer or withdrawal request, except that the Company may defer any such transfer or withdrawal if:

Appears in 1 contract

Samples: Mutual of America Separate Account No 2

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.