Common use of FIXED ACCOUNT OPTIONS Clause in Contracts

FIXED ACCOUNT OPTIONS. (a) Subject to the provisions of this Section 2.06, the Company may in its discretion, from time to time, establish fixed account options under "Fixed Account I” with varying durations for certain of the Policies ceded under this Agreement (the "Fixed Account Options") and, subject to the minimum guaranteed interest rate set forth in each such Policy, set the current rates for the Fixed Account Options (the "Crediting Rates'').

Appears in 4 contracts

Samples: Coinsurance Agreement (Jackson VFL Variable Life Separate Account), Coinsurance Agreement (Jackson VFL Variable Annuity Separate Account), Coinsurance Agreement (Jackson VFL Variable Life Separate Account)

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