Net Contract Value. The Contract Value less any Contract Debt. Non-Natural Owner – A corporation or other entity that is not a (natural) person.
Appears in 6 contracts
Samples: Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co), Read Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co), Separate Account a of Pacific Life & Annuity Co
Net Contract Value. The Contract Value less any Contract Debt. Non-Natural Owner – — A corporation or other entity that is not a (natural) person.
Appears in 4 contracts
Samples: Read Your Contract (Separate Account a of Pacific Life Insurance Co), Your Contract Carefully (Separate Account a of Pacific Life Insurance Co), Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co)
Net Contract Value. The Contract Value less any Contract Debt. Net Purchase Payment – The Purchase Payment reduced by any applicable Sales Charge, premium taxes and/or other taxes. Non-Natural Owner – A corporation or other entity that is not a (natural) person.
Appears in 1 contract
