Common use of Allocation of Purchase Payments Clause in Contracts

Allocation of Purchase Payments. On the Issue Date, we allocate Purchase Payments to one or more of the Variable Options according to your future allocation instructions. If the Issue Date is the Index Effective Date, we also allocate Purchase Payments to one or more of the Index Options according to your Index Effective Date allocation instructions. Any Purchase Payment that we receive before the Index Effective Date that you want allocated to an Index Option, we place in the Money Market Variable Option. On the Index Effective Date, we rebalance your Contract Value among your selected Allocation Options according to your Index Effective Date allocation instructions. After the Index Effective Date, we allocate Purchase Payments to one or more of the Variable Options according to your future allocation instructions. Any Purchase Payment that we receive after the Index Effective Date that you allocate to an Index Option, we place in the Money Market Variable Option. On the next Index Anniversary, we transfer those allocations to the Index Options according to your allocation instructions. Your future allocation instructions and Index Effective Date allocation instructions must comply with the Allocation Guidelines shown on the Contract Schedules.

Allocation of Purchase Payments. On the Issue Date, we allocate We place Purchase Payments to one or more of in the Variable Options according to your future allocation instructionsInterim Fund(s) until the Index Effective Date. If the Issue Date is the Index Effective Date, we also then allocate Purchase Payments to one or more of the Index Options according to your allocation instructions. However, if we exercise our right to allocate to the Interim Fund(s) during the Right to Examine Period, we will allocate the Initial Purchase Payment to the Interim Fund(s) until the end of the Right to Examine Period. If your requested Index Effective Date would occur during this time, we change your Index Effective Date to the next Business Day after the Right to Examine Period that is not the 29th, 30th or 31st of the month. We will then allocate your Contract Value among your selected Index Options according to your allocation instructionsinstructions on the Index Effective Date. Any If the Issue Date is not the Index Effective Date, any Purchase Payment that we receive before the Index Effective Date that you want allocated to an Index OptionDate, we place in the Money Market Variable Option. On Interim Fund(s) until the Index Effective Date, we rebalance . We will then allocate your Contract Value among your selected Allocation Index Options according to your Index Effective Date allocation instructions. After instructions on the Index Effective Date, we allocate . Purchase Payments to one or more of continued from the Variable Options according to your future allocation instructions. Any previous page We will place any Additional Purchase Payment that Payments we receive after the Index Effective Date that you allocate to an Index Option, we place in the Money Market Variable OptionInterim Fund(s) until the next Index Anniversary. On the next Index Anniversary, we transfer those allocations to will allocate the Variable Account Value held in the Interim Fund(s) and any Additional Purchase Payments we receive before the end of the Business Day on the Index Anniversary among your selected Index Options according to your allocation instructions. If the Index Anniversary is not a Business Day, we must receive the Additional Purchase Payments before the end of the Business Day prior to the Index Anniversary. If at any time we have more than one Interim Fund available, you may elect which Interim Fund to which you would like to have your Initial and any Additional Purchase Payments allocated. Your future allocation instructions and Index Effective Date allocation instructions must comply with the Allocation Guidelines shown on the Contract Schedules.

Allocation of Purchase Payments. On If the Issue Date is the Index Effective Date, we allocate Purchase Payments to one or more of the Variable Options according to your future allocation instructions. If the Issue Date is the Index Effective Date, we also allocate Purchase Payments to one or more of the Index Allocation Options according to your Index Effective Date allocation instructions. Any However, if we exercise our right to allocate to the Interim Fund(s) during the Right to Examine Period, we will allocate the Initial Purchase Payment that we receive before to the Interim Fund(s) until the end of the Right to Examine Period. If your requested Index Effective Date that you want allocated to an Index Optionwould occur during this time, we place in the Money Market Variable Option. On the change your Index Effective DateDate to the next Business Day after the Right to Examine Period that is not the 29th, we 30th or 31st of the month. We will then rebalance your Contract Value among your selected Allocation Options according to your Index Effective Date allocation instructionsinstructions on the Index Effective Date. After If the Issue Date is not the Index Effective Date, any Purchase Payment that we receive before the Index Effective Date, we allocate place in the Interim Fund(s) until the Index Effective Date. We will then rebalance your Contract Value among your selected Allocation Options according to your Index Effective Date allocation instructions on the Index Effective Date. We will place any Additional Purchase Payments to one or more of we receive after the Variable Index Effective Date in the Interim Fund(s) until the next Index Anniversary. On the next Index Anniversary, we will rebalance your Contract Value among your selected Allocation Options according to your future allocation instructions. Any If at any time we have more than one Interim Fund available, you may elect which Interim Fund to which you would like to have your Initial and any Additional Purchase Payment that we receive after the Index Effective Date that you allocate to an Index Option, we place in the Money Market Variable Option. On the next Index Anniversary, we transfer those allocations to the Index Options according to your allocation instructionsPayments allocated. Your future allocation instructions and Index Effective Date allocation instructions must comply with the Allocation Guidelines shown on the Contract Schedules.. L40538-IAI 5 [Admin Tracking Identifier]

Allocation of Purchase Payments. On the Issue Date, we allocate Purchase Payments to one or more of the Variable Options according to your future allocation instructions. If the Issue Date is the Index Effective Date, we also allocate Purchase Payments to one or more of the Index Options according to your Index Effective Date allocation instructions. Any Purchase Payment that we receive before the Index Effective Date that you want allocated to an Index Option, we place in the Money Market Variable Option. On the Index Effective Date, we rebalance your Contract Value among your selected Allocation Options according to your Index Effective Date allocation instructions. After the Index Effective Date, we allocate Purchase Payments to one or more of the Variable Options according to your future allocation instructions. Any Purchase Payment that we receive after the Index Effective Date that you allocate to an Index Option, we place in the Money Market Variable Option. On the next Index Anniversary, we transfer those allocations to the Index Options according to your allocation instructions. Your future allocation instructions and Index Effective Date allocation instructions must comply with the Allocation Guidelines shown on the Contract Schedules.