Annual Maintenance Fee. This is a fee deducted on each anniversary of the Issue Date occurring on or before the Annuity Date, and upon surrender. However, we will waive the Annual Maintenance Fee due at surrender if the surrender occurs within 30 days after an Annual Maintenance Fee was last deducted. The basis for this charge is shown in the Annuity Schedule. We will waive all or a portion of this fee, if we are required by law or regulation, to meet any minimum nonforfeiture requirements. We will also waive this fee after the Annuity Date, and when a Death Benefit is determined, unless Spousal Continuation occurs. We reserve the right to waive this fee at any other time on a non-discriminatory basis. As of the Valuation Day the Annual Maintenance Fee is due, the fee is deducted pro-rata from the Account Value of all Sub-accounts to which your Account Value is allocated.
Annual Maintenance Fee shall have the meaning set forth in Article 5.1(b) hereof.
Annual Maintenance Fee. [Lesser of $50 or 2% of Account Value, but only if the sum of the Purchase Payments at the time the Fee is due is less than $50,000.] TRANSFER FEE: [$10 per transfer after the twentieth transfer in any Annuity Year.]
Examples of Annual Maintenance Fee in a sentence
Siebert may, at its own discretion, waive this fee.2. Retirement Account Fees – Please consult with customer service for details as they apply to your account.3. Annual Maintenance Fee – Your account is subject to an annual maintenance fee that may be waived based on activity, and household equity.16A.
The number of Accumulation Units deducted from each Sub-Account is determined by dividing the pro-rata portion of the Annual Maintenance Fee by the value of an Accumulation Unit for the applicable Sub-Account.
If you have multiple Contracts with a combined Contract Value of $100,000 or greater, we will waive the Annual Maintenance Fee on all Contracts.
In addition, we will waive one Annual Maintenance Fee for Contract Owners who own more than one Contract with a combined Contract Value between $50,000 and $100,000.
We also may waive the Annual Maintenance Fee under certain other conditions.
More Definitions of Annual Maintenance Fee
Annual Maintenance Fee is defined in Article 6.5;
Annual Maintenance Fee has the meaning set forth in Section 10.2.
Annual Maintenance Fee means a fee payable annually in advance by the District to ENGIE Services U.S., in consideration of the provision of up to twenty (20) years of Maintenance Services. The Annual Maintenance Fee for the first Measurement Period will be Fifty Eight Thousand One Hundred Seventeen Dollars ($58,117.00). The Annual Maintenance Fee will be increased annually thereafter at the rate of three percent (3%) per annum for the first twenty (20) Measurement Periods, each increase to be effective on the first day of the corresponding Measurement Period. The Annual Maintenance Fee for each Measurement Period after the twentieth (20th) Measurement Period will be negotiated in good faith by the Parties, not later than ninety (90) days prior to the end of the preceding Measurement Period, on the basis of then-prevailing market rates for, e.g., labor and equipment.
Annual Maintenance Fee means the fee, quoted by the Service Provider in its Financial Proposal, payable by the Authority from the first anniversary of the Commissioning Date for each calendar year of twelve months, for a period of nine years for each MCH Wing(s) forming part of the Project Hospital.
Annual Maintenance Fee means the sum set out in the Schedule.
Annual Maintenance Fee means a fee payable annually in advance by Madera to ENGIE Services U.S., in consideration of the provision of up to twenty (20) years of Maintenance Services. The Annual Maintenance Fee for the first Measurement Period will be Sixty Thousand Eight Hundred Eighteen Dollars ($60,818.00). The Annual Maintenance Fee will be increased annually thereafter at the rate of three percent (3%) per annum for the first five (5) Measurement Periods, each increase to be effective on the first day of the corresponding Measurement Period. The Annual Maintenance Fee for each Measurement Period after the fifth (5th) Measurement Period will be negotiated in good faith by the Parties, not later than ninety (90) days prior to the end of the preceding Measurement Period, on the basis of then-prevailing market rates for, e.g., labor and equipment. So long as Madera pays to ENGIE Services U.S. the Annual Maintenance Fee, ENGIE Services U.S. will provide the Maintenance Services, as described herein, up to twenty (20) years from the M&V Commencement Date on an annualized basis. At the end of this term, Madera may:
Annual Maintenance Fee has the meaning set forth in Section 4.1(c).