Common use of Prior to the Annuity Commencement Date Clause in Contracts

Prior to the Annuity Commencement Date. Transfers cannot be made during the first 30 days following the Contract Date. We reserve the right to require a 30 day minimum time period between each transfer. MAXIMUM NUMBER OF TRANSFERS NOT SUBJECT TO A TRANSFER FEE: 12 per Contract Year, excluding automatic Dollar Cost Averaging transfers. Transfers in excess of 12 per Contract Year must be authorized by Us. Transfers to the Dollar Cost Averaging Fixed Account are not allowed.

Appears in 1 contract

Sources: Annuity Contract (Lincoln Life & Annuity Variable Annuity Account H)

Prior to the Annuity Commencement Date. Transfers cannot be made during the first 30 days following the Contract Date. We reserve the right to require a 30 day minimum time period between each transfer. MAXIMUM NUMBER OF TRANSFERS NOT SUBJECT TO A TRANSFER FEE: 12 per Contract Year, excluding automatic Dollar Cost Averaging transfers. Transfers in excess of 12 per Contract Year must be authorized by Us. Transfers to the Dollar Cost Averaging Fixed Account are not allowed.

Appears in 1 contract

Sources: Annuity Contract (Lincoln New York Account N for Variable Annuities)