Number Permitted definition

Number Permitted. [The maximum number of transfers per Contract Year shall be 12 (excluding transfers resulting from our Pre-scheduled Transfer programs). We reserve the right to waive from time to time this transfer limitation. Subject to the Allocation Rules and the issuance of a Fixed Annuity Rider, during the Accumulation Period you may make transfers into the Fixed Account from the Subaccounts, subject to the maximum number of transfers per Contract Year as stated above. There are further limitations on transfers from the Fixed Account to the Separate Account as set forth below. During the Annuity Period, you cannot make transfers from the General Account to the Subaccounts].
Number Permitted. We reserve the right to limit the number of transfers per Contract Year up to a maximum of [12] (excluding transfers resulting from our Pre-scheduled Transfer Programs). Subject to the issuance of a Fixed Account Rider, during the Accumulation Period you may make transfers into the Fixed Account from the Subaccounts, subject to the maximum number of transfers per Contract Year as stated above. There maybe further limitations on transfers from the Fixed Account to the Subaccounts and transfers from the Subaccounts to the Fixed Account as set forth in the Fixed Account Rider. During the Annuity Period, you can only make transfers among the Subaccounts.
Number Permitted. [We reserve the right to limit the number of transfers per Contract Year up to a maximum of [12] (excluding transfers resulting from our Pre-Scheduled Transfer Programs). Subject to the issuance of a Fixed Account Rider, during the Accumulation Period you may make transfers into the Fixed Account from the Subaccounts, subject to the maximum number of transfers per Contract Year as stated above. There are further limitations on transfers from the Fixed Account to the Subaccounts and transfers from the Subaccounts to the Fixed Account as set forth in the Fixed Account Rider. During the Income Period, you cannot make transfers from the General Account to the Subaccounts or from the Subaccounts to the General Account.]

Examples of Number Permitted in a sentence

  • You agree to pay all fees and charges for deposit services as set forth: Limit Number Permitted Before Charge Charge All Service Fees are subject to change by Bank of ▇▇▇▇▇▇▇ upon thirty (30) days notice before we increase the Service Fee.

  • RESTRICTED USE Product Components Licensed Number Permitted Use ------------------ --------------- ------------- METHOD/1 Methodology Users Licensed: 11-50 The Methodology may be used at any Client locations by the Licensed Number of Users, where a User is defined as any person who accesses or otherwise makes use of the Methodology.

  • You agree to pay all fees and charges for deposit services as set forth: Limit Number Permitted Before Charge Charge All Service Fees are subject to change by the Bank upon thirty (30) days notice before we increase the Service Fee.


More Definitions of Number Permitted

Number Permitted means that the yacht may have not more than the number of items specified.

Related to Number Permitted