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 Investment Accounts in proportion to the Accumulation Value of the Investment Accounts. The Contract Fee deducted from the Guaranteed Interest Fund will not exceed the sum of:

Appears in 14 contracts

Samples: NML Variable Annuity Account B, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co, NML Variable Annuity Account A

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