Purchase Payment. This amount is the actual Purchase Payment. GALIC reserves the right to pay premium taxes when due and deduct the amount from the Account Value when we pay the tax or at a later date. Each Purchase Payment will be allocated, as directed by the Certificate Holder, among:
Appears in 2 contracts
Samples: Golden American Life Insurance Co /Ny/, Separate Account B of Golden American Life Insurance Co
Purchase Payment. This amount is the actual Purchase Payment. GALIC reserves the right to pay premium taxes when due and deduct the amount from the Account Value when we pay the tax or at a later date. Each Purchase Payment will be allocated, as directed by the Certificate Contract Holder, among:
Appears in 2 contracts
Samples: Separate Account B of Golden American Life Insurance Co, Separate Account B of Golden American Life Insurance Co