JOINT OWNER definition

JOINT OWNER. A Contract may be owned by Joint Owners. If Joint Owners are named, any Joint Owner must be the spouse of the other Contract Owner. Upon the death of either Contract Owner, the surviving spouse will be the primary Beneficiary. Any other Beneficiary designation will be treated as a contingent Beneficiary unless otherwise indicated in an Authorized Request.
JOINT OWNER. If there is more than one Contract Owner, each Contract Owner shall be a Joint Owner of the Contract. Joint Owners have equal ownership rights and must both authorize any exercising of those ownership rights unless otherwise allowed by us. Any Joint Owner must be the spouse of the other Contract Owner.
JOINT OWNER means an individual who owns property

Examples of JOINT OWNER in a sentence

  • UNLESS SPECIFIED OTHERWISE IN THE SPECIAL REQUESTS SECTION, IF JOINT OWNERS ARE NAMED, UPON THE DEATH OF EITHER JOINT OWNER, THE SURVIVING JOINT OWNER WILL BE THE PRIMARY BENEFICIARY, AND THE BENEFICIARIES LISTED BELOW WILL BE CONSIDERED CONTINGENT BENEFICIARIES.

  • JOINT OWNER -- If there is more than one Owner, each Owner shall be a Joint Owner of the Contract.

  • JOINT OWNER The Joint Owner, if any, shares an undivided interest in the entire Contract with the Owner.

  • UNLESS SPECIFIED OTHERWISE, IF JOINT OWNERS ARE NAMED, UPON THE DEATH OF EITHER JOINT OWNER, THE SURVIVING JOINT OWNER WILL BE THE PRIMARY BENEFICIARY, AND THE BENEFICIARIES LISTED BELOW WILL BE CONSIDERED CONTINGENT BENEFICIARIES.

  • SIGNATURE OF OWNER* SIGNATURE OF JOINT OWNER* DATE (MM/DD/YYYY) DATE (MM/DD/YYYY)* If shares are to be registered in (1) joint names, both persons must sign, (2) a custodian for a minor, the custodian should sign, (3) a trust, the trustee(s) should sign, or (4) a corporation or other entity, an officer should sign and print name and title on the space provided for the Joint Owner.


More Definitions of JOINT OWNER

JOINT OWNER. [Xxxx Xxx] SEX: [F] AGE AT ISSUE: [50] ANNUITANT: [Xxxx Xxx] SEX: [M] AGE AT ISSUE: [50] CONTRACT NUMBER: [12345678] ISSUE DATE: [February 15, 2001] PLAN TYPE: [Qualified or Non-Qualified] ANNUITY DATE: [May 1, 2040]
JOINT OWNER. NAME: CONTRACT DATE: Xxxx Xxx July 1, 1999 ANNUITANT NAME: ANNUITY START DATE: Xxxx Xxx October 5, 2055 ANNUITANT DATE OF BIRTH: PLAN: October 5, 1960 Non-Qualified
JOINT OWNER. [No Joint Owner] Joint Owner Issue Age: [N/A] Annuitant: [Xxxx Xxx] Annuitant Issue Age: [45] Joint Annuitant: [No Joint Annuitant] Joint Annuitant Issue Age: [N/A] Issue Date: [May 1, 2024] Issue State: NY Premium Amount: [$25,000] Income Date: [May 1, 2074] Primary Beneficiary(ies): [Xxxxx Xxx] Contingent Beneficiary(ies): [Xxxx Xxx]
JOINT OWNER. [Xxxx Xxx] Joint Owner Issue Age: [35] Annuitant: [Xxxx Xxx] Annuitant Issue Age: [35] Joint Annuitant: [Xxxx Xxx] Joint Annuitant Issue Age: [35] Initial Premium: [$5,000] Issue Date: [May 1, 2020] Issue State: NY Income Date: [May 1, 2080] Primary Beneficiary(ies): [Xxxxx Xxx] Contingent Beneficiary(ies): [Xxxx Xxx] VA670NY-CB1 3a CONTRACT DATA PAGES (CONT'D) FIXED ACCOUNT, INTEREST RATE AND CONTRACT CHARGE INFORMATION: Initial Fixed Account Minimum Interest Rate: [1.00%] The Company will re-determine the Fixed Account Minimum Interest Rate each January on the Redetermination Date. The Fixed Account Minimum Interest Rate is the guaranteed minimum interest rate under the Contract and may change each year on the Redetermination Date. Initial Base Interest Rate: [1.00% for the 1-Year Fixed Account Option Period 1.00% for the 3-Year Fixed Account Option Period 1.00% for the 5-Year Fixed Account Option Period 1.00% for the 7-Year Fixed Account Option Period] Initial Current Interest Rate: [1.00% for the 1-Year Fixed Account Option Period 1.00% for the 3-Year Fixed Account Option Period 1.00% for the 5-Year Fixed Account Option Period 1.00% for the 7-Year Fixed Account Option Period] Initial Current DCA+ Interest Rate: [6-month [X.XX%] [NOT CURRENTLY AVAILABLE] [12-month [X.XX%] [NOT CURRENTLY AVAILABLE] ONE OR BOTH OF THE DCA+ FIXED ACCOUNT OPTIONS MAY NOT BE AVAILABLE ON THE ISSUE DATE. AVAILABILITY IS INDICATED ABOVE. Maximum DCA+ Rate: [8.00%] over the net investment earnings rate. Interest Rate for Adjustments Due to Misstatement of Age or Sex: [1.00%] Annual Contract Maintenance Charge: [$30] The Company will deduct the Annual Contract Maintenance Charge from the Contract Value (but not the Remaining Premium) on each Contract Anniversary that occurs on or before the Income Date or when You withdraw the Contract Value in full on a date other than a Contract Anniversary. The Company will only deduct the Annual Contract Maintenance Charge from Contracts with a Contract Value less than [$50,000]. Core Contract Charge: [1.0000%] The Core Contract Charge is expressed as an annual percentage and is deducted daily from the Separate Account Contract Value (but not the Remaining Premium). The Company will reduce the Core Contract Charge to [0.8500%] if the Contract Value on the later of the Issue Date or the most recent Contract Quarterly Anniversary is greater than or equal to [$1,000,000]. If the Contract Value subsequently falls below [$1,000,000] on any Contra...
JOINT OWNER means an individual that is an Owner of an Eligible Account with the Primary Owner.
JOINT OWNER means an individual who owns property concurrently with one or more other individuals with a right of survivorship. The term includes a joint tenant and tenant by the entirety. The term does not include a tenant in common.
JOINT OWNER means an individual who owns property concurrently with one or more other individuals with a right of survivorship. The term includes a joint tenant[,][ and] [owner of community property with a right of survivorship[,][ and tenant by the entirety]. The term does not include a tenant in common [or owner of community property without a right of survivorship].