ANNUITY PAYMENT CALCULATION DATE. For Guaranteed Annuities, this is the first day of a calendar month. For Variable Annuities, this is the Valuation Date ten (10) business days prior to the first day of a calendar month.
Appears in 9 contracts
Samples: Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii, Va I Separate Account of Unum Life Ins Co of America, Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii