Common use of CONTRACT FEE Clause in Contracts

CONTRACT FEE. On each Contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page 4. The Contract Fee will be deducted from the Divisions in proportion to their respective Accumulation Values. The effective date of the Contract Fee will be the Contract anniversary. However, if the New York Stock Exchange is closed on the Contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106) 12

Appears in 4 contracts

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)

AutoNDA by SimpleDocs

CONTRACT FEE. On each Contract contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page 4. The Contract Fee will be deducted from the Divisions Investment Accounts in proportion to their respective the Accumulation ValuesValue of the Investment Accounts. The effective date of the Contract Fee will be the Contract contract anniversary. However, if the New York Stock Exchange is closed on the Contract contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106) 12.

Appears in 4 contracts

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A)

CONTRACT FEE. On each Contract contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page 4. The Contract Fee will be deducted from the Divisions Investment Accounts in proportion to their respective the Accumulation ValuesValue of the Investment Accounts. The effective date of the Contract Fee will be the Contract contract anniversary. However, if the New York Stock Exchange is closed on the Contract contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106) 12.

Appears in 4 contracts

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A), Flexible Payment Variable Annuity (NML Variable Annuity Account B)

CONTRACT FEE. On each Contract contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page 4. The Contract Fee will be deducted from the Divisions in proportion to their respective the Accumulation ValuesValue of the Divisions. The effective date of the Contract Fee will be the Contract contract anniversary. However, if the New York Stock Exchange is closed on the Contract contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106) 12.

Appears in 4 contracts

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)

CONTRACT FEE. On each Contract contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page 4. The Contract Fee will be deducted from the Divisions Investment Accounts in proportion to their respective the Accumulation ValuesValue of the Investment Accounts. The effective date of the Contract Fee will be the Contract contract anniversary. However, if the New York Stock Exchange is closed on the Contract contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106XX.X.X.XX.(0805) 1213

Appears in 2 contracts

Samples: Flexible Payment Variable Annuity (NML Variable Annuity Account A), Flexible Payment Variable Annuity (NML Variable Annuity Account B)

CONTRACT FEE. On each Contract contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page Page 4. The Contract Fee will be deducted from the Divisions in proportion to their respective Accumulation Values. The effective date of the Contract Fee will be the Contract contract anniversary. However, if the New York Stock Exchange is closed on the Contract contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106) 12.

Appears in 1 contract

Samples: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)

CONTRACT FEE. On each Contract contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page Page 4. The Contract Fee will be deducted from the Divisions Investment Accounts in proportion to their respective the Accumulation ValuesValue of the Investment Accounts. The effective date of the Contract Fee will be the Contract contract anniversary. However, if the New York Stock Exchange is closed on the Contract contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106ICC12.RR.VA.BFR.(0313) 12

Appears in 1 contract

Samples: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account B)

AutoNDA by SimpleDocs

CONTRACT FEE. On each Contract contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page Page 4. The Contract Fee will be deducted from the Divisions Investment Accounts in proportion to their respective Accumulation Values. The effective date of the Contract Fee will be the Contract contract anniversary. However, if the New York Stock Exchange is closed on the Contract contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106ICC12.RR.VA.AFB.(0313) 12

Appears in 1 contract

Samples: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account A)

CONTRACT FEE. On each Contract contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page 4. The Contract Fee will be deducted from the Divisions Investment Accounts in proportion to their respective the Accumulation ValuesValue of the Investment Accounts. The effective date of the Contract Fee will be the Contract contract anniversary. However, if the New York Stock Exchange is closed on the Contract contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106RR.V.B.MSNST.(0805) 1213

Appears in 1 contract

Samples: Flexible Payment Variable Annuity (NML Variable Annuity Account B)

CONTRACT FEE. On each Contract contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page Page 4. The Contract Fee will be deducted from the Divisions Investment Accounts in proportion to their respective the Accumulation ValuesValue of the Investment Accounts. The effective date of the Contract Fee will be the Contract contract anniversary. However, if the New York Stock Exchange is closed on the Contract contract anniversary, the effective date will be the next following Valuation Date. XX.X.X.XX. (1106ICC12.RR.VA.AFR.(0313) 12

Appears in 1 contract

Samples: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account A)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!