Common use of INTEREST ON THE ACCUMULATION FUNDS Clause in Contracts

INTEREST ON THE ACCUMULATION FUNDS. The Guaranteed Rate for the Accumulation Fund is effective until the Maturity Date, provided, if an Event of Default occurs, interest continues to be credited at the Guaranteed Rate until actual payment of all amounts due. The interest crediting methodology is specified in the Schedule.

Appears in 8 contracts

Samples: Funding Agreement (Hartford Life Insurance Co), Funding Agreement (Hartford Life Insurance Co), Funding Agreement (Hartford Life Insurance Co)

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