Common use of Amount Available for Withdrawal Clause in Contracts

Amount Available for Withdrawal. The Amount Available for Withdrawal is the Contract Value as of the end of the Business Day on which the Withdrawal Request is effective, less any applicable: · Charges for expenses relating to Riders attached to the Contract; and · Charges for Premium Taxes and/or other taxes. The amount we send you (the "Withdrawal proceeds") will also reflect any required or requested federal and/or state income tax withholding. Full Withdrawal – You may, on or before the Annuity Date, make a Full Withdrawal under this Contract for its Withdrawal proceeds, while the Owner, or Annuitant in the case of a Non-Natural Owner, is living and the Contract is active. A Full Withdrawal will terminate the Contract and we will have no further obligations under the Contract.

Amount Available for Withdrawal. The Amount Available amount available for Withdrawal is the Net Contract Value as of the end of the Business Day on which the Withdrawal Request is effective, less any applicable: · Charges for expenses relating to Riders attached to the Contract; and · Charges for Premium Taxes and/or other taxes. The amount we send you (the "Withdrawal proceeds") will also reflect any required or requested federal and/or state income tax withholding. Full Withdrawal – You may, on or before the Annuity Date, make a Full Withdrawal under this Contract for its Withdrawal proceeds, while the Owner, or Annuitant in the case of a Non-Natural Owner, is living and the Contract is active. A Full Withdrawal will terminate the Contract and we will have no further obligations under the Contract.. ICC24 10-1880 [12]