WAIVER OF SURRENDER CHARGES Sample Clauses

WAIVER OF SURRENDER CHARGES. A surrender of this Contract or withdrawal of Contract Value prior to the Annuity Commencement Date may be subject to a Surrender Charge, except that such charges do not apply to:
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WAIVER OF SURRENDER CHARGES. If the Contract is surrendered within 90 days of the date of death of the Contract Owner, any Joint Contract Owner, or the Annuitant if the Contract Owner is a non-natural Person, any applicable surrender charges will not be deducted from the Contract Surrender Value.
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WAIVER OF SURRENDER CHARGES. Surrender charges are waived for the following:
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WAIVER OF SURRENDER CHARGES. The Company will waive any applicable Surrender Charges in the event you, at any time after Contract Year 1, enter for a period of at least ninety (90) days a facility which is: (1) licensed by the State, and (2) qualifies as a skilled nursing home facility under Medicare or Medicaid. Written proof satisfactory to the Company must be submitted. A Market Value Adjustment will be imposed however, if applicable.
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WAIVER OF SURRENDER CHARGES. The charges assessed on a Surrender or a Withdrawal from this Contract may be waived in certain instances shown on the Contract Specifications.
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WAIVER OF SURRENDER CHARGES. The charges assessed on a Surrender or a Withdrawal from this Contract may be waived in certain instances shown on the Contract Specifications. State of Issue Department of Insurance: Indiana Consumer Services Telephone Number: (000) 000-0000 Signed for The Lincoln National Life Insurance Company at Our Home Office. Table of Contents Page CONTRACT SPECIFICATIONS 3 DEFINITIONS 4 PURCHASE PAYMENTS PROVISIONS 6 CONTRACT VALUE PROVISIONS 7 CONTRACT EXPENSES 7 VARIABLE ACCOUNT PROVISIONS 7 DOLLAR COST AVERAGING (DCA) FIXED ACCOUNT 8 TRANSFERS 9 WITHDRAWALS 10 SURRENDERS 10 DEATH BENEFITS PROVISIONS 11 ANNUITY PAYMENT OPTIONS 13 BENEFICIARY 15 SUSPENSION OR DEFERRAL OF PAYMENTS 16 GENERAL PROVISIONS 16
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Related to WAIVER OF SURRENDER CHARGES

  • No Waiver of Subordination Provisions No right of any present or future holder of any Senior Debt of the Company to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act, in good faith, by any such holder, or by any noncompliance by the Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with. Without in any way limiting the generality of the foregoing paragraph, the holders of Senior Debt of the Company may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article or the obligations hereunder of the Holders of the Securities to the holders of Senior Debt of the Company, do any one or more of the following: (i) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt of the Company, or otherwise amend or supplement in any manner Senior Debt of the Company or any instrument evidencing the same or any agreement under which Senior Debt of the Company is outstanding; (ii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt of the Company; (iii) release any Person liable in any manner for the collection of Senior Debt of the Company; and (iv) exercise or refrain from exercising any rights against the Company and any other Person.

  • Landlord Waivers With respect to any real property leased by the Company or any Loan Party, where requested by the Administrative Agent, the Company and each Loan Party shall use commercially reasonable efforts (and shall deliver to the Administrative Agent satisfactory evidence of such efforts) to deliver a Landlord Waiver (to the extent not previously delivered to the Administrative Agent) duly executed by the applicable landlord in form and substance reasonably satisfactory to the Administrative Agent.

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