Common use of CONTRIBUTIONS, ALLOCATIONS Clause in Contracts

CONTRIBUTIONS, ALLOCATIONS. You may allocate Contributions to, or transfer among the Investment Options available under this Contract. You need not allocate Contributions to each available Investment Option. You may change the allocation election at any time by sending us the proper form. Allocation percentages must be in whole numbers (no fractions) and must total 100%. Each Contribution is allocated (after deduction of any charges that may apply) in accordance with the allocation election in effect on the Transaction Date. Contributions made to a Separate Account purchase Accumulation Units in that Account, using the Accumulation Unit Value for that Transaction Date.

Appears in 2 contracts

Samples: Separate Account No. 70 of AXA Equitable Life Insurance Co, Separate Acct No 49 of Axa Equitable Life Insurance Co

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CONTRIBUTIONS, ALLOCATIONS. You may must allocate Contributions to, or transfer among the Variable Investment Options available under this ContractOptions. You need not allocate Contributions to each available Variable Investment OptionOption available. You may change the allocation election at any time by sending us the proper forma request in a form we accept. Allocation percentages must be in whole numbers (no fractions) and must total 100%. Each Contribution is allocated (after deduction of any charges that may apply) in accordance with the allocation election in effect on the Transaction Date. Contributions made to a Separate Account purchase Accumulation Units in that Account, using the Accumulation Unit Value for that Transaction Date.

Appears in 2 contracts

Samples: Separate Account a of Axa Equitable Life Insurance Co, Separate Account a of Axa Equitable Life Insurance Co

CONTRIBUTIONS, ALLOCATIONS. You may allocate Contributions to, or transfer among the Investment Options available under this Contract. You need not allocate Contributions to each available Investment Option. You may change the allocation election at any time by sending us the proper form. Allocation percentages must be in whole numbers (no fractions) and must total 100%. Each Contribution is allocated (after deduction of any charges that may apply) in accordance with the allocation election in effect on the Transaction Date. Contributions made to a Separate Account purchase Accumulation Units in that Separate Account, using the Accumulation Unit Value for that Transaction Date.

Appears in 1 contract

Samples: Variable Account AA

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CONTRIBUTIONS, ALLOCATIONS. You may allocate Contributions to, or transfer among the Variable Investment Options available under this Contract. You need not allocate Contributions to each available Variable Investment Option. You may change the allocation election at any time by sending us the proper form. Allocation percentages must be in whole numbers (no fractions) and must total 100%. Each Contribution is allocated (after deduction of any charges that may apply) in accordance with the allocation election in effect on the Transaction Date. Contributions made to a Separate Account purchase Accumulation Units in that Account, using the Accumulation Unit Value for that Transaction Date.

Appears in 1 contract

Samples: Universal Life Separate Account Fortune VII

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