Common use of Remittance of Premium Payments Clause in Contracts

Remittance of Premium Payments. All premium payments collected on the sale of the Contracts by the Distributor, if any, shall be transmitted to Anchor National for immediate allocation to the Separate Account and/or Fixed Account Option in accordance with the directions furnished by the purchasers of such Contracts.

Appears in 2 contracts

Samples: Distribution Agreement (Anchor National Life Insurance Co), Distribution Agreement (Variable Annuity Account Two T)

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Remittance of Premium Payments. All premium payments collected on the sale of the Contracts by the Distributor, if any, shall be transmitted to Anchor National for immediate allocation to the Separate Account and/or Fixed Account Option in accordance with the directions furnished by the purchasers of such Contracts.

Appears in 2 contracts

Samples: Distribution Agreement (Variable Annuity Account Two), Distribution Agreement (Anchor National Life Insurance Co)

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