Common use of TRANSFERS TO ANOTHER FINANCIAL INSTITUTION Clause in Contracts

TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) At the Request of a Participant: The Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution. The transfer may be made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made. GVA-1000-87(24) Serial 310 3.3-3.4

Appears in 2 contracts

Samples: Prudential Variable Contract Account 24, Prudential Variable Contract Account 24

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TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) At the Request of a Participant: The Contract-Holder may transfer, pursuant to the request of a Participant, the Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution. The transfer may be made directly to that institution or by a payment (or payments) to the Participant Contract-Holder who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made. GVA-1000GVA-1010-87(2487 (24) Serial 310 3.3-3.4

Appears in 2 contracts

Samples: Prudential Variable Contract Account 24, Prudential Variable Contract Account 24

TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) At the Request of a Participant: The Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution. The transfer may be GVA-1000-87(24) (as modified by Group Annuity Amendment Form GAA-7793) Serial 320 3.2-3.4 made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made. GVA-1000-87(24) Serial 310 3.3-3.4.

Appears in 1 contract

Samples: Prudential Variable Contract Account 24

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TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) At the Request of a Participant: The Contract-Holder may transfer, pursuant to the request of a Participant, the Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution. The transfer may be made directly to that institution or by a payment (or payments) to the Participant Contract-Holder who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made. GVA-1000GVA-1010-87(2487 (24) Serial 310 3.3-3.43-4

Appears in 1 contract

Samples: Prudential Variable Contract Account 24

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