Common use of OWNERSHIP OF SERIES ACCOUNT Clause in Contracts

OWNERSHIP OF SERIES ACCOUNT. The Company has absolute Ownership of the assets of the Series Account. The portion of the assets of the Series Account equal to the reserves and other Contract liabilities with respect to the Series Account are not chargeable with liabilities arising out of any other business the Company may conduct. The income, gains and losses, realized or unrealized, from assets allocated to the Series Account shall be credited to or charged against such account, without regard to other income, gains or losses of the Company.

OWNERSHIP OF SERIES ACCOUNT. The Company has absolute Ownership ownership of the assets of the Series Account. All monies invested in the Series Account, however, are held separate and apart from the Company's general assets. The portion of the assets of the Series Account such separate account which are equal to the reserves and other Contract liabilities with respect to such account (e.g. the Series Participant Annuity Account are invested in the Variable Account) shall not be chargeable with liabilities arising out of any other business the Company may conduct. The income, gains and losses, realized or unrealized, from assets allocated to the Series Account shall be credited to or charged against such account, without regard to other income, gains or losses of the Companybusiness.

OWNERSHIP OF SERIES ACCOUNT. The Company has absolute Ownership ownership of the assets of the Series Account. The portion of the assets of the Series Account equal to the reserves and other Contract contract liabilities with respect to the Series Account are not chargeable with liabilities arising out of any other business the Company may conduct. The income, gains and losses, realized or unrealized, from assets allocated to the Series Account shall be credited to or charged against such account, without regard to other income, gains or losses of the Company.

OWNERSHIP OF SERIES ACCOUNT. The Company has absolute Ownership ownership of the assets of the Series Account. All monies invested in the Series Account, however, are held separate and apart from the Company's general assets. The portion of the assets of the Series Account such separate account which are equal to the reserves and other Contract liabilities with respect to the Series Account are such account shall not be chargeable with liabilities arising out of any other business the Company may conduct. The income, gains and losses, realized or unrealized, from assets allocated to the Series Account shall be credited to or charged against such account, without regard to other income, gains or losses of the Companybusiness.