WITHDRAWAL OPTION. The Owner may withdraw a part of the surrender value of this Contract, subject to the charges outlined under Surrender Option (see Section 2.11). However, the Owner may withdraw up to the Free Amount once each Contract Year without incurring a Contingent Deferred Sales Charge (CDSC). The Free Amount is equal to 10% of the total Purchase Payments. For purposes of calculating the CDSC on withdrawals, LNL assumes that:
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Samples: Lincoln National Variable Annuity Account E, Lincoln National Variable Annuity Account H, Lincoln National Variable Annuity Account E
WITHDRAWAL OPTION. The Owner may withdraw a part of the surrender value of this Contract, subject to the charges Contingent Deferred Sales Charge (CDSC) outlined under Surrender Option (see Section 2.112.10). However, the Owner may withdraw up to the Free Amount once each during a Contract Year Year, in up to twelve withdrawals, without incurring a Contingent Deferred Sales Charge (CDSC). The Free Amount is equal to 10% of the total Purchase Payments. For purposes of calculating the CDSC on withdrawals, LNL assumes thatgreater of:
Appears in 2 contracts
Samples: Lincoln National Variable Annuity Account H, Lincoln National Variable Annuity Account H
WITHDRAWAL OPTION. The Owner may withdraw a part of the surrender value of this Contract, subject to the charges Contingent Deferred Sales Charge (CDSC) outlined under Surrender Option (see Section 2.112.10). However, the Owner may withdraw up to the Free Amount once each during a Contract Year Year, in up to four withdrawals, without incurring a Contingent Deferred Sales Charge (CDSC). The Free Amount is equal to 10% of the total Purchase Payments. For purposes of calculating the CDSC on withdrawals, LNL assumes thatgreater of:
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WITHDRAWAL OPTION. The Owner may withdraw a part of the surrender value of this Contract, subject to the charges outlined under Surrender Option (see Section 2.11). However, the Owner may withdraw up to the Free Amount once each during a Contract Year without incurring a Contingent Deferred Sales Charge (CDSC). The Free Amount is equal to 10% of the total Purchase Payments. For purposes of calculating the CDSC on withdrawals, LNL assumes that:
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