CONTRACT ENHANCEMENT Sample Clauses

CONTRACT ENHANCEMENT. The amount credited to the Separate Account Contract Value and/or the Fixed Account Contract Value for each Premium received in accordance with the Contract Enhancement Provision.
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CONTRACT ENHANCEMENT. At the time each Premium payment is received, the Company will credit an amount equal to the 6% Contract Enhancement Percentage, multiplied by the Premium. The Contract Enhancement will be allocated to the Investment Divisions and/or Fixed Account Options in the same proportion as the Premium. Your Contract Value will reflect any gains or losses attributable to a Contract Enhancement. A Contract Enhancement, and any gains or losses attributable to a Contract Enhancement distributed under Your Contract will be considered earnings under the Contract for tax purposes. VA340NY 7
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CONTRACT ENHANCEMENT. An amount added to the Contract Value at the time Premium is applied. Please note that Premium payments made within 12 months of a withdrawal or distribution from this Contract will not receive a Contract Enhancement.
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CONTRACT ENHANCEMENT. The Company will add a credit to your Contract Value for each Premium applied to the Contract at a rate as specified on the Contract Data Page at the time such Premium is applied. The Contract Enhancement will be allocated among Contract Options in the same proportion that the applicable Premium is allocated. The Contract Enhancement is subject to the following conditions: o The amount returned if the Owner exercises the right to return the Contract under the Notice of Twenty-Day Right to Examine Policy provision will be reduced by any Contract Enhancement applied. o If a death benefit is payable, any Contract Enhancement based on any Premium payment received within 12 months prior to the date of death of the Owner or Annuitant (when the Owner is not a natural person) will be deducted from the death benefit payable. o For withdrawals or distributions, including partial withdrawals, any Contract Enhancement resulting from Premium paid 12 months prior to the receipt of the request for the withdrawal or distribution will be deducted from the Contract Value prior to determining the amount available for withdrawal or distribution. o For benefits provided by riders or endorsements, any Contract Enhancement resulting from Premium paid 12 months prior to the receipt of the request for the payment of the benefit will be deducted from the Contract Value prior to determining the amount available. Any gains or losses attributable to the Contract Enhancement will not be considered part of any amount deducted as described above. Contract Enhancements, and any gains or losses attributable to a Contract Enhancement, distributed under this Contract will be considered earnings under the Contract for tax purposes. INVESTMENT PORTFOLIOS. The Contract offers Investment Portfolios.
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CONTRACT ENHANCEMENT. The Contract Enhancement percentage is equal to [6%] if the Adjusted Premium is less than [$100,000] at the time the Premium is received or [8%] if the Adjusted Premium is equal to or greater than [$100,000] at the time the Premium is received. At the time each Premium payment is received, the Company will credit an amount equal to the Contract Enhancement Percentage, multiplied by the Premium. The Contract Enhancement will be allocated to the Investment Divisions and/or Fixed Account Options in the same proportion as the Premium. At the time that a Premium is received during the first Contract Year that causes the Adjusted Premium to equal or exceed [$100,000] when it was less than [$100,000] before the receipt of the Premium, the Company will credit an additional Contract Enhancement equal to [2%] of any previous Premium for which a [6%] Contract Enhancement was credited and for which no additional [2%] Contract Enhancement has already been credited. The additional [2%] Contract Enhancement will be allocated to the Investment Divisions and/or Fixed Account Options in the same proportion as the currently received Premium. Your Contract Value will reflect any gains or losses attributable to a Contract Enhancement. A Contract Enhancement, and any gains or losses attributable to a Contract Enhancement distributed under Your Contract will be considered earnings under the Contract for tax purposes.
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Related to CONTRACT ENHANCEMENT

  • Credit Enhancement 55 SECTION 12.

  • System Enhancements State Street will provide to the Fund any enhancements to the System developed by State Street and made a part of the System; provided that State Street offer the Fund reasonable training on the enhancement. Charges for system enhancements shall be as provided in the Fee Schedule. State Street retains the right to charge for related systems or products that may be developed and separately made available for use other than through the System.

  • Additional Benefits/Card Enhancements The Credit Union may from time to time offer additional services to your account, such as travel accident insurance, at no additional cost to you. You understand that the Credit Union is not obligated to offer such services and may withdraw or change them at any time.

  • Replacement Provider In the event the Agreement (or any portion thereof) is terminated in accordance with this Article II, the Sellers shall be responsible for engaging one or more qualified replacement providers of the Services of the Serviced Appointments that are subject to such termination (each, a “Replacement Provider”), which may be any Seller, any other member of the Seller Group or any third party acceptable to the Sellers. Upon request by the Sellers, the Purchasers shall provide the Sellers with reasonable assistance in marketing the Services subject to such termination to potential third party Replacement Providers, including by providing any information reasonably requested by the Sellers; provided, that any potential third party Replacement Provider shall have executed a customary confidentiality agreement before any confidential information of the Purchasers is disclosed by the Sellers to such potential third party Replacement Provider.

  • CHILD SUPPORT CERTIFICATION Under Section 231.006, Texas Family Code, the Engineer certifies that the individual or business entity named in this contract, bid, or application is not ineligible to receive the specified grant, loan, or payment and acknowledges that this contract may be terminated and payment may be withheld if this certification is inaccurate. If the above certification is shown to be false, the Engineer is liable to the state for attorney’s fees, the cost necessary to complete the contract, including the cost of advertising and awarding a second contract, and any other damages provided by law or the contract. A child support obligor or business entity ineligible to receive payments because of a payment delinquency of more than thirty (30) days remains ineligible until: all arrearages have been paid; the obligor is in compliance with a written repayment agreement or court order as to any existing delinquency; or the court of continuing jurisdiction over the child support order has granted the obligor an exemption from Subsection (a) of Section 231.006, Texas Family Code, as part of a court- supervised effort to improve earnings and child support payments.