TRANSFERS AMONG SUBACCOUNTS definition

TRANSFERS AMONG SUBACCOUNTS. You may transfer all or part of your Contract Value among the subaccounts. Your request will be processed as of the end of the valuation period during which your request is received in good order. The number of transfers allowed each contract year without charge is shown in the Contract Schedule. We reserve the right to charge for each additional transfer as shown in the Contract Schedule. The minimum amount which may be transferred from any subaccount in any transaction is shown in the Contract Schedule. An excessive number of transfers, including short-term "market timing" transfers, may adversely affect the performance of the underlying portfolio in which a subaccount invests. If, in our sole opinion, a pattern of an excessive number of transfers develops for a Contract, we reserve the right not to process a transfer request. We also reserve the right not to process a transfer request when the sale or purchase of shares or units of an underlying portfolio is not reasonably practicable due to actions taken or limitations imposed by the underlying fund.
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TRANSFERS AMONG SUBACCOUNTS. You may transfer all or part of your Contract Value among the subaccounts. The number of transfers allowed each contract year without charge is shown in the Contract Schedule. We reserve the right to charge for each additional transfer as shown in the Contract Schedule. The minimum amount which may be transferred from any subaccount in any transaction is shown in the Contract Schedule. An excessive number of transfers, including short-term "market timing" transfers, may adversely affect the performance of the underlying portfolio in which a subaccount invests. If, in our sole opinion, a pattern of an excessive number of transfers develops for a Contract, we reserve the right not to process a transfer request. We also reserve the right not to process a transfer request when the sale or purchase of shares or units of an underlying portfolio is not reasonably practicable due to actions taken or limitations imposed by the underlying fund
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Examples of TRANSFERS AMONG SUBACCOUNTS in a sentence

  • TRANSFERS AMONG SUBACCOUNTS AND THE FIXED ACCOUNT.--You may transfer amounts among subaccounts and to the fixed account as often as four times in a contract year, if the contract is not in default.

  • ACCUMULATION PERIOD PROVISIONS TRANSFERS AMONG SUBACCOUNTS AND GENERAL ACCOUNT By notice to us, you may transfer the value of any number of accumulation units from one set of subaccounts to another set of subaccounts or to the General Account at any time.

  • TRANSFERS AMONG SUBACCOUNTS You may only transfer among the Subaccount(s) if there are two or more listed in the Subaccount(s) provision of this rider.

  • FORM 06-VA-4U THE OHIO NATIONAL LIFE INSURANCE COMPANY PAGE 11 ACCUMULATION PERIOD PROVISIONS TRANSFERS AMONG SUBACCOUNTS By Notice to us, you may transfer the value of any number of variable accumulation units from one set of Subaccounts to another set of Subaccounts.

  • Page 12 (VALA--86) (NJ) TRANSFERS TRANSFERS AMONG SUBACCOUNTS AND INTO THE FIXED ACCOUNT.--You may transfer amounts among subaccounts of PLVAA and into the Fixed Account as often as four times in a contract year if the contract is not in default or if the contract is being continued under the reduced paid up option.

  • ACCUMULATION PERIOD PROVISIONS TRANSFERS AMONG SUBACCOUNTS By Notice to us, you may transfer the value of any number of variable accumulation units from one set of Subaccounts to another set of Subaccounts.

  • TRANSFERS AMONG SUBACCOUNTS AND THE FIXED ACCOUNT.--You may transfer amounts among subaccounts and to the fixed account as often as four times in a contract veer, if the contract is not in default.

  • TRANSFERS AMONG SUBACCOUNTS AND INTO THE FIXED ACCOUNT.--You may transfer amounts among subaccounts of PIVCA and into the fixed account as often as four times in a contract year.

  • II-94 TRANSFERS TRANSFERS AMONG SUBACCOUNTS AND INTO THE FIXED ACCOUNT.--You may transfer amounts among subaccounts of PLVAA and into the Fixed Account as often as four times in a contract year if the contract is not in default or if the contract is being continued under the reduced paid up option.

Related to TRANSFERS AMONG SUBACCOUNTS

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Initial Account has the meaning specified in the Transfer Agreement.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Collection Accounts As defined in Section 3.10(a).

  • Share Account A form of Deposit Account that each member is required to maintain to remain a member of BECU. We, us, our: BECU. You, your: Each person or entity, individually, and collectively, who opens, establishes, accesses, is named as an Account Holder or Authorized Signer or who applies for any Account.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Investment Account As defined in Section 3.12(a).

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Upper-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Upper-Tier REMIC.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;