Common use of Frequency of Payments Clause in Contracts

Frequency of Payments. Annuity payments under this Contract will be made monthly, except that, if such payments would amount to less than $25 each, VALIC reserves the right to make payment at less frequent intervals; provided, however, that if at any time the annual rate of payment to any payee is less than $100, VALIC may make such settlement as may be equitable to the Annuitant. CONTRIBUTIONS, VALUATION, AND DISCONTINUANCE OF CONTRIBUTIONS CONTRIBUTIONS

Frequency of Payments. Annuity payments Payments under this Contract will be made monthly, except that, if . If such payments would amount to less than $25 each, VALIC reserves the right to make payment at less frequent intervals; provided, however, that if payments. If at any time the annual rate of payment to any payee is less than $100, VALIC may make such settlement as may be equitable a lump sum payment of the Accumulation Value to the Annuitant. CONTRIBUTIONS, VALUATION, AND DISCONTINUANCE OF CONTRIBUTIONS CONTRIBUTIONSpayee.

Frequency of Payments. Annuity payments under this Contract will be made monthly, except that, if such payments would amount to less than $25 each, VALIC reserves the right to make payment at less frequent intervals; provided, however, that if at any time the annual rate of payment to any payee is less than $100, VALIC may make such other settlement as may be equitable to the Annuitant. CONTRIBUTIONS, VALUATION, AND DISCONTINUANCE OF CONTRIBUTIONS CONTRIBUTIONS