Account Fee. [The Account Fee is [$30.00] each Contract Year. During the Accumulation Period, on the Contract Anniversary the full Account Fee is deducted from each applicable Subaccount in the ratio that the Account Value in the Subaccount bears to the total Account Value in the Separate Account. On the Annuity Calculation Date, a pro-rata portion of the Account Fee will be deducted from the Account Value as described above. However, if your Account Value on the last day of the Contract Year or on the Annuity Calculation Date is at least [$50,000], then no Account Fee is deducted. If during the Accumulation Period, a total withdrawal is made, the full Account Fee will be deducted at the time of the total withdrawal. During the Annuity Period the Account Fee will be deducted regardless of the size of your Contract and it will be deducted pro-rata from each Annuity Payment.]
Account Fee means the maintenance fee automatically deducted from the Account Balance on a monthly basis.
Examples of Account Fee in a sentence
Fees for stop payments are disclosed in the Business Account Fee Schedule.
A dormant and/or escheatment fee may be assessed in accordance with the Business Account Fee Schedule.
More Definitions of Account Fee
Account Fee means the fee payable to RMFI for your RBC Investment Advantage Account, calculated in accordance with the annual rates set out in this schedule.
Account Fee an annual fee of $10.00 per Class 1, Class 2, Class 3 and Class 4 Shareholder Account; and
Account Fee means the “Account Fee” specified in the Fee Table.
Account Fee is defined in Section 1 of Schedule C.
Account Fee means the fees and charges payable by the Client for the Services provided by Centtrip. This includes but is not limited to all transactional and operational Account related fees to: load/unload funds to/from your Account, perform Foreign Currency transactions, make payments (using international wire transfer (SWIFT), Single Euro Payments Area (SEPA) or Faster Payments), issue Card(s) associated with your Account and this includes a monthly Inactive Operating Account Fee that will apply in the event your Account remains dormant or inactive for more than 12 months. The schedule of fees that apply to your Account is available under the fees section of your online Centtrip Global Currency Account and the Fees & Limits Schedule available online from the Centtrip website at https://support.centtrip.com/faqs/what-are-your-card-fees
Account Fee means the amount payable per Customer in respect of each Water Year for the costs associated with administering the Customer’s relationship with the Company;