Market Value Adjustment. An adjustment that is charged or credited by the Company if all or a portion of the Accumulation Value is withdrawn or transferred from a Multi-Year Guaranteed Interest Fund. MATURITY DATE. The date upon which contract benefits will become payable. NET PURCHASE PAYMENT. A Purchase Payment less all applicable deductions. Deductions may include a Premium Tax.
Appears in 4 contracts
Samples: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A)
