Common use of Other Withdrawals Clause in Contracts

Other Withdrawals. TLIC may make withdrawals from the Participant’s Account as follows: (i) for refunds or other distribution of Contributions as may be required to comply with the Code or any other statute of similar import; (ii) for charges for services described in Sections 3.4, 3.5, 3.6, 3.7, and 3.8 to the extent not paid directly by the Contractholder as determined by TLIC.

Appears in 1 contract

Sources: Group Variable Annuity Contract (Separate Account VA FF)

Other Withdrawals. TLIC TFLIC may make withdrawals from the Participant’s Account as follows: (i) for refunds or other distribution of Contributions as may be required to comply with the Code or any other statute of similar import; (ii) for charges for services described in Sections 3.4, 3.5, 3.6, 3.7, and 3.8 to the extent not paid directly by the Contractholder as determined by TLICTFLIC.

Appears in 1 contract

Sources: Insurance Contract (TFLIC Pooled Account No. 44)