WITHDRAWAL VALUE Sample Clauses
The Withdrawal Value clause defines the amount a policyholder or contract participant is entitled to receive if they choose to withdraw funds or terminate the agreement before its maturity. Typically, this value is calculated based on the accumulated contributions, adjusted for any applicable fees, charges, or penalties, and may also reflect the current market value of underlying investments. By clearly outlining how much can be withdrawn and under what conditions, this clause ensures transparency for both parties and helps prevent disputes regarding early termination payouts.
WITHDRAWAL VALUE. The Withdrawal Value is the amount available for Withdrawal. The Withdrawal Value as of the close of any Valuation Date is the Contract Value less:
WITHDRAWAL VALUE. The Contract Value, less any tax payable, minus any applicable Withdrawal Charges, Recapture Charges, Annual Contract Maintenance Charges, and charges due under any optional endorsement to the Contract. VA340NY 6
WITHDRAWAL VALUE. The Contract Value, less any tax payable, Annual Contract Maintenance Charges, and charges due under any optional endorsement(s) to the Contract, adjusted for any applicable Market Value Adjustment.
WITHDRAWAL VALUE. The Withdrawal Value as of the close of any Valuation Date is the Contract Value:
WITHDRAWAL VALUE. The Withdrawal Value as of any Valuation Date will be: (1) the Contract Value on that date; less (2) any Premium Taxes due or paid by the Company; and (3) any Withdrawal Charges.
WITHDRAWAL VALUE. The Account Value less any applicable withdrawal charge, less any Premium and Other Taxes, and less any Account Fee.
WITHDRAWAL VALUE. The Withdrawal Value at any time will be: (1) the Contract Value; less (2) any Premium Taxes due or paid by the Company. SYSTEMATIC WITHDRAWALS
WITHDRAWAL VALUE. The Withdrawal Value at any time will be the Contract Value less: (1) any Premium Taxes due or paid by the Copmany; (2) any Anual Adminsitrative Fee; and (3) any Withdrawal Charges.
WITHDRAWAL VALUE. The dollar value of any Withdrawal less any charges or fees incurred, including any applicable market value adjustment.
WITHDRAWAL VALUE. The Withdrawal Value as of any Valuation Date will be: