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. There can only be 2 Joint Owners. Joint Owners have equal ownership rights and must both authorize any exercising of those ownership rights unless otherwise allowed by us.
Joint Owner means an individual who owns property

Examples of Joint Owner in a sentence

  • The Pre-construction Survey will be performed jointly by representatives of Licensor, Joint Owner and/or Joint User, and Licensee unless otherwise agreed to by all parties.

  • Licensee must obtain separate authorization from, and pay all applicable Fees and Charges to, each Licensor and any Joint Owner or Joint User of any Utility Pole.

  • Licensor shall make a reasonable effort to coordinate its Periodic Inspections with any Joint Owner and Licensee.

  • The Credit Union reserves the right at any time to require written consent of all account owners for a change of ownership by completing a Remove Joint Owner Form.

  • Licensee may proceed to place the overlashed cable in sections of aerial facilities requiring Make-ready Work when all parties affected concur that a non- compliance will either be corrected by the Licensee concurrently with the Overlash project, or by any other attacher, Joint Owner or Joint User after the Overlash project has been completed.


More Definitions of Joint Owner

Joint Owner. [▇▇▇▇ ▇▇▇] SEX: [F] AGE AT ISSUE: [50] ANNUITANT: [▇▇▇▇ ▇▇▇] 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. [No Joint Owner] Joint Owner Issue Age: [N/A] Annuitant: [▇▇▇▇ ▇▇▇] Annuitant Issue Age: [45] Joint Annuitant: [No Joint Annuitant] Joint Annuitant Issue Age: [N/A] Issue Date: [June 1, 2023] Issue State: NY Premium Amount: [$25,000] Income Date: [June 1, 2073] Primary Beneficiary(ies): [▇▇▇▇▇ ▇▇▇] Contingent Beneficiary(ies): [▇▇▇▇ ▇▇▇]
Joint Owner. NAME: CONTRACT DATE: ▇▇▇▇ ▇▇▇ July 1, 1999 ANNUITANT NAME: ANNUITY START DATE: ▇▇▇▇ ▇▇▇ ANNUITANT DATE OF BIRTH: PLAN: October 5, 1960 Non-Qualified ASSIGNMENT: This Contract may be assigned. See assignment provision.
Joint Owner. [No Joint Owner] Joint Owner Issue Age: [N/A] Annuitant: [▇▇▇▇ ▇▇▇] Annuitant Issue Age: [45] Joint Annuitant: [No Joint Annuitant] Joint Annuitant Issue Age: [N/A] Issue Date: [April 1, 2025] Issue State: [MI] Premium Amount: [$25,000] Income Date: [April 1, 2075] Primary Beneficiary(ies): [▇▇▇▇▇ ▇▇▇] Contingent Beneficiary(ies): [▇▇▇▇ ▇▇▇] ICC24 RILA305-FB1 3b CONTRACT DATA PAGES (CONT'D) FIXED ACCOUNT INFORMATION: Fixed Account Minimum Interest Rate (FAMIR): [3.00%] Fixed Account Minimum Value Percentage: [87.50%] INTEREST RATE FOR ADJUSTMENTS DUE TO MISSTATEMENT OF AGE OR SEX: [1.00%] WITHDRAWALS: Maximum Annual Advisory Fee Withdrawal Percentage: [1.25%] Minimum partial withdrawal amount unless as a scheduled part of an automatic withdrawal program: [$500] Minimum partial withdrawal amount as a scheduled part of an automatic withdrawal program: [$50] Minimum Contract Value remaining after a partial withdrawal: [$2,000] MVA Free Withdrawal Percentage: [10%] PREMIUM: This is a single Premium Contract. The Company may waive minimum and maximum Premium at any time, on a non-discriminatory basis. Minimum Premium: [$25,000] Maximum Premium under a Contract: [$1,000,000] SEPARATE ACCOUNT: [▇▇▇▇▇▇▇ National RILA Separate Account I] ICC24 RILA305-FB1 3c CONTRACT DATA PAGES (CONT'D) MARKET VALUE ADJUSTMENT (MVA): An MVA is a positive or negative adjustment the Company applies to amounts You remove from Your Contract due to withdrawals or annuitizations during the MVA Period. In the event of a total withdrawal, any applicable MVA is applied to the Contract Value, less any MVA Free Withdrawal amount available at the time of the total withdrawal. MVA Period: The first [six (6)] Contract Years. The MVA reflects the movement in the MVA Reference Rate since the Issue Date. The MVA may: 1. reduce the value of the amount paid or annuitized if the MVA Reference Rate on the date You remove Contract Value from Your Contract is greater than the MVA Reference Rate on the Issue Date of Your Contract; or 2. increase the value of the amount paid or annuitized if the MVA Reference Rate on the date You remove Contract Value from Your Contract is less than the MVA Reference Rate on the Issue Date of Your Contract. The Company applies the same MVA formula regardless of whether the formula results in an increase or decrease to amounts You remove from Your Contract. MVA formula. The Company calculates the MVA by multiplying the amount You withdraw that is subject to MVA less any app...
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
Joint Owner means an individual that is an Owner of an Eligible Account with the Primary Owner.