Common use of TERMINATION AFTER THE ANNUITY COMMENCEMENT DATE Clause in Contracts

TERMINATION AFTER THE ANNUITY COMMENCEMENT DATE. The Certificate Owner may not surrender the Certificate for its Net Surrender Value after the Annuity Commencement Date. PAYMENT ON SURRENDER - DEFERRAL OF PAYMENT Payment on any request for surrender will be made as soon as possible and, with respect to the Certificate Values in the Sub-Accounts, no later than seven days after the written request is received by the Company. However, such payment may be subject to postponement:

Appears in 1 contract

Sources: Group Flexible Premium Variable Annuity Contract (American Maturity Life Insurance Co Separate Account Amlva)

TERMINATION AFTER THE ANNUITY COMMENCEMENT DATE. The Certificate Owner You may not surrender the Certificate for its Net Surrender Value after the Annuity Commencement Date. PAYMENT ON SURRENDER - DEFERRAL OF PAYMENT Payment on any request for surrender will be made as soon as possible and, with respect to the Certificate Values in the Sub-Accounts, no later than seven days after the written request is received by the CompanyUs. However, such payment may be subject to postponement:

Appears in 1 contract

Sources: Group Flexible Premium Variable Annuity Contract (American Maturity Life Insurance Co Separate Account Amlva)