Common use of Postponement Clause in Contracts

Postponement. If the Company receives a Request for surrender or partial withdrawal, the Company may postpone any cash payment from the Annuity Account Value, for no more than 7 days. The Company may delay payment for:

Appears in 12 contracts

Samples: Please (Variable Annuity-2 Series Account), Variable Annuity-2 Series Account, Variable Annuity-2 Series Account

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Postponement. If the Company receives a Request for surrender or partial withdrawal, the Company may postpone any cash payment from the Annuity Account Value, Value for no more than 7 days. The Company may delay payment for:

Appears in 5 contracts

Samples: Variable Annuity 1 Series Account, Variable Annuity 1 Series Account, Variable Annuity 1 Series Account

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