Common use of FIXED ACCOUNT CONTRACT VALUE Clause in Contracts

FIXED ACCOUNT CONTRACT VALUE. The sum of all amounts allocated or transferred to the Fixed Account Options under the Contract, reduced by any applicable taxes, plus all interest credited to the Fixed Account Options, adjusted for withdrawals (including any applicable charges and adjustments for such withdrawals), transfers and charges.

Appears in 7 contracts

Samples: Annuity Contract (Jackson National Separate Account - I), Annuity Contract (Jackson National Separate Account - I), Annuity Contract (Jackson National Separate Account - I)

AutoNDA by SimpleDocs

FIXED ACCOUNT CONTRACT VALUE. The sum of all amounts allocated or transferred and credited to the Fixed Account Options under the Contract, reduced by less any applicable taxesamounts canceled or withdrawn for charges, plus all interest credited to the Fixed Account Optionsdeductions, adjusted for withdrawals (including any applicable charges and adjustments for such withdrawals), transfers and chargesor transfers.

Appears in 3 contracts

Samples: Annuity Contract (Jackson National Separate Account - I), Annuity Contract (Jnlny Separate Account I), Annuity Contract (Jnlny Separate Account I)

AutoNDA by SimpleDocs

FIXED ACCOUNT CONTRACT VALUE. The sum of all amounts allocated or transferred to the Fixed Account Options under the Contract, reduced by any applicable taxes, plus all interest and credited to the Fixed Account OptionsOption under the Contract, adjusted less any amounts canceled or withdrawn for charges, deductions, withdrawals (including any applicable charges and adjustments for such withdrawals), transfers and chargesor transfers.

Appears in 2 contracts

Samples: Annuity Contract (Jnlny Separate Account I), Annuity Contract (Jnlny Separate Account I)

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