Common use of Separate Account Clause in Contracts

Separate Account. The Separate Account (NML Variable Annuity Account B) has been established by the Company and is registered as a unit investment trust under the Investment Company Act of 1940. The Separate Account consists of assets set aside by the Company, the investment performance of which is kept separate from that of the general assets and all other separate account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. Interests in the Separate Account are represented by Accumulation Units and Annuity Units, described in Sections 2.2 and 11.3, respectively. The Separate Account is comprised of the Divisions listed on page 3. The assets allocated to these Divisions are invested in shares of the corresponding Portfolios. Shares of the Portfolios are purchased for the Separate Account at their net asset value. The Company reserves the right to eliminate or add additional Divisions and Portfolios.

Separate Account. The Separate Account (NML Variable Annuity Account BA) has been established by the Company and is registered as a unit investment trust under the Investment Company Act of 1940Company. The Separate Account consists of assets set aside by the Company, the investment performance of which is kept separate from that of the general assets and all other separate account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. Interests in the Separate Account are represented by Accumulation Units and Annuity Units, described in Sections 2.2 and 11.3, respectively. The Separate Account is comprised of the Divisions listed on page 3. The assets allocated to these Divisions are invested in shares of the corresponding Portfolios. Shares of the Portfolios are purchased for the Separate Account at their net asset value. The Company reserves the right to eliminate or add additional Divisions and Portfolios.

Separate Account. The Separate Account (NML Variable Annuity Account B) has been established by the Company and is registered as a unit investment trust under the Investment Company Act of 1940. The Separate Account consists of assets set aside by the Company, the investment performance of which is kept separate from that of the general assets and all other separate account assets of the Company. The assets of or the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. Interests in the Separate Account are represented by Accumulation Units and Annuity Units, described in Sections 2.2 and 11.3, respectively. The Separate Account is comprised of the Divisions listed on page 3. The assets allocated to these Divisions are invested in shares of the corresponding Portfolios. Shares of the Portfolios are purchased for the Separate Account at their net asset value. The Company reserves the right to eliminate or add additional Divisions and Portfolios.