Common use of CONTRACT OWNER Clause in Contracts

CONTRACT OWNER. The Contract Owner has all rights under this Contract. The Contract Owner is designated as such on the Issue Date, unless changed. The Contract Owner may change owners at any time prior to the Annuity Date by Written Request. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. The change will become effective as of the date the Written Request is signed. A new designation of Contract Owner will not apply to any payment made or action taken by the Company prior to the time it was received.

Appears in 4 contracts

Samples: Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4), Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4), Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4)

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CONTRACT OWNER. The As the Contract Owner has you have all the interest and rights under this Contract. The Contract Owner is the person designated as such on the Issue Date, unless changed. The Contract Owner You may change owners Owners of the Contract at any time prior to the Annuity Date by Written Authorized Request. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. The change will become effective as of the date the Written Authorized Request is signed. A new designation of Contract Owner We will not apply to be liable for any payment made or action taken by before the Company prior to the time it was receivedchange is recorded.

Appears in 2 contracts

Samples: Annuity Contract (Preferred Life Variable Account C), Annuity Contract (Allianz Life Variable Account B)

CONTRACT OWNER. The As the Contract Owner has Owner, you have all the interest and rights under this Contract. The Contract Owner is the person designated as such on the Issue Date, unless changed. The Contract Owner You may change owners of the Contract at any time prior by Authorized Request subject to the Annuity Date by Written Requestour underwriting rules then in effect. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. The change will become effective as of the date the Written Authorized Request is signed. A new designation of Contract Owner We will not apply to be liable for any payment made or action taken by before the Company prior to the time it was receivedchange is recorded. We will not be responsible for any tax consequences of any such change.

Appears in 2 contracts

Samples: Annuity Contract (Allianz Life Variable Account B), Annuity Contract (Allianz Life Variable Account B)

CONTRACT OWNER. The Contract Owner has all rights under this Contract. The Contract Owner is the person designated as such on the Issue Date, unless changed. The Contract Owner may change owners at any time prior to the Annuity Date by Written Request. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. The change will become effective as of the date the Written Request is signed. A new designation of Contract Owner will not apply to any payment made or action taken by the Company prior to the time it was received.

Appears in 2 contracts

Samples: Annuity Contract (C M Multi Account A), Individual Variable Deferred Annuity Contract (CML Offitbank Separate Account)

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CONTRACT OWNER. The As the Contract Owner has Owner, you have all the interests and rights under this Contract. The Contract Owner is the person designated as such on the Issue Date, unless changed. The Contract Owner You may change owners of the Contract at any time prior by Authorized Request subject to the Annuity Date by Written Requestour approval. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. The Upon our approval, the change will become effective as of on the date the Written Authorized Request is signed. A new designation of Contract Owner will not apply signed subject to any payment made or action actions taken by the Company insurer prior to receipt of the time it was receivedAuthorized Request. We will not be responsible for any tax consequences of any such change.

Appears in 2 contracts

Samples: Annuity Contract (Allianz Life of Ny Variable Account C), Annuity Contract (Allianz Life of Ny Variable Account C)

CONTRACT OWNER. The As the Contract Owner has you have all the interest and rights under this Contract. The Contract Owner is the person designated as such on the Issue Date, unless changed. The Contract Owner You may change owners of the Contract at any time prior to the Annuity Date by Written Authorized Request. A change of Contract Owner will automatically revoke any prior designation of Contract Owner. The change will become effective as of the date the Written Authorized Request is signed. A new designation of Contract Owner We will not apply to be liable for any payment made or action taken by before the Company prior to the time it was receivedchange is recorded. We will not be responsible for any tax consequences of any such change.

Appears in 1 contract

Samples: Annuity Contract (Allianz Life Variable Account B)

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