Common use of PREMIUM ALLOCATION AND TRANSFER LIMITATIONS Clause in Contracts

PREMIUM ALLOCATION AND TRANSFER LIMITATIONS. Limitations When the Death Benefit Guarantee is Active. There are limits on the timing and amounts that can be allocated as premium payments or transferred by the Owner to the NM Strength and Stability Account and the Government Money Market Division when the Death Benefit Guarantee is active as follows: • Aggregate Limit. No amounts can be allocated or transferred if it would cause the sum of the NM Strength and Stability Account and the Government Money Market Division to exceed the result of (a) multiplied by (b) where:

Appears in 4 contracts

Samples: Northwestern Mutual Variable Life Account II, Northwestern Mutual Variable Life Account II, Northwestern Mutual Variable Life Account II

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