Common use of LIMITS ON CONTRIBUTIONS Clause in Contracts

LIMITS ON CONTRIBUTIONS. We have the right not to accept any Contribution which is less than the minimum amount shown in the Data Pages. The Data Pages indicate other Contribution limitations and requirements which may apply. We also have the right, in addition to any such limitations and requirements, upon advance notice to you, to: (a) change such limitations and requirements to apply to Contributions made after the date of such change, and (b) discontinue acceptance of Contributions with respect to all Contracts or with respect to all Contracts of the same class. Any change in limitations or discontinuation of Contributions will be implemented to manage the financial risk to the Company in the event market and/or economic conditions decline.

Appears in 6 contracts

Sources: Individual Flexible Premium Deferred Fixed and Index Linked Variable Annuity Contract (Equitable Financial Life Insurance Co of America (RILA)), Individual Flexible Premium Deferred Fixed and Index Linked Variable Annuity Contract (Equitable Financial Life Insurance Co (RILA)), Individual Flexible Premium Deferred Fixed and Index Linked Variable Annuity Contract (Equitable Financial Life Insurance Co of America (RILA))