Common use of Owner Clause in Contracts

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable PAYEE The person receiving payment of annuity benefits under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract.

Appears in 5 contracts

Samples: Annuity Contract (Variable Annuity Account Five), Annuity Contract (Variable Annuity Account Five), Annuity Contract (Variable Separate Account of Anchor National Life Insur Co)

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Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable PAYEE applicable. The person receiving payment of annuity benefits under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract.

Appears in 5 contracts

Samples: Annuity Contract (Fs Variable Annuity Account Five), Annuity Contract (Fs Variable Separate Account), Annuity Contract (Fs Variable Separate Account)

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable PAYEE applicable. The person receiving payment of annuity benefits under this Contract. PAYMENT ENHANCEMENT Payment Enhancements are amounts allocated to Your Contract Value by Us. Payment Enhancements are not considered Purchase Payments. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract.

Appears in 2 contracts

Samples: Annuity Contract (Variable Separate Account of Anchor National Life Insur Co), Annuity Contract (Variable Separate Account of Anchor National Life Insur Co)

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable PAYEE applicable. The person receiving payment of annuity benefits income payments under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract.

Appears in 2 contracts

Samples: Annuity Contract (Fs Variable Separate Account), Annuity Contract (Fs Variable Separate Account)

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable applicable. AS-993 (12/10) PAYEE The person receiving payment of annuity benefits income payments under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract.

Appears in 2 contracts

Samples: Annuity Contract (Variable Separate Account), Annuity Contract (Variable Separate Account)

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, Owners if applicable PAYEE applicable. The person receiving payment of annuity benefits under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund for the Contract.

Appears in 2 contracts

Samples: Annuity Contract (Variable Separate Account of Anchor National Life Insur Co), Annuity Contract (Variable Annuity Account Five)

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable PAYEE applicable. The person receiving payment of annuity benefits under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract.

Appears in 1 contract

Samples: Annuity Contract (Fs Variable Separate Account)

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable PAYEE applicable. FS-995 (12/10) 6 The person receiving payment of annuity benefits income payments under this Contract. PURCHASE PAYMENTS A charge that is deducted on each Contract Quarter Anniversary from Your Contract Value, during the first seven years after each Premium is made. Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract.

Appears in 1 contract

Samples: Life Insurance Contract (Fs Variable Separate Account)

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Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable applicable. PAYEE The person receiving payment of annuity benefits income payments under this Contract. PREMIUM BASED CHARGE A charge that is deducted on each Contract Quarter Anniversary from Your Contract Value, during the first seven years after each Premium is made. PURCHASE PAYMENTS / PREMIUM Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract.

Appears in 1 contract

Samples: Annuity Contract (Fs Variable Separate Account)

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable PAYEE applicable. The person receiving payment of annuity benefits under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract. A Purchase Payment corresponds to a Gross Purchase Payment, and equals the Gross Purchase Payment less any applicable Sales Charge.

Appears in 1 contract

Samples: Annuity Contract (Variable Annuity Account Seven)

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable PAYEE The person receiving payment of annuity benefits under this Contract. PURCHASE PAYMENTS Payments PAYMENT Payment in U.S. currency made by or on behalf of the Owner to the Company to fund for the Contract.

Appears in 1 contract

Samples: Annuity Contract (Fs Variable Separate Account)

Owner. The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, Owners if applicable applicable. PAYEE The person receiving payment of annuity benefits under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund for the Contract.

Appears in 1 contract

Samples: Annuity Contract (Variable Annuity Account Five)

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