Common use of SUBSEQUENT VARIABLE ANNUITY PAYMENTS Clause in Contracts

SUBSEQUENT VARIABLE ANNUITY PAYMENTS. After the first Variable Annuity payment, payments will vary in amount according to the investment performance of the applicable Subaccount(s) to which Your Purchase Payments are allocated. The amount may change from month to month. The amount of each subsequent payment for each Subaccount is: The number of Annuity Units for each Subaccount as determined for the first annuity payment Multiplied by The value of an Annuity Unit for that Subaccount at the end of the month immediately preceding the month in which payment is due. We guarantee that the amount of each Variable Annuity payment will not be affected by variations in expenses or mortality experience.

Appears in 5 contracts

Samples: Fs Variable Separate Account, Fs Variable Annuity Account Five, Variable Annuity Account Five

AutoNDA by SimpleDocs

SUBSEQUENT VARIABLE ANNUITY PAYMENTS. After the first Variable Annuity payment, payments will vary in amount according to the investment performance of the applicable Subaccount(s) to which Your your Purchase Payments are allocated. The amount may change from month to month. The amount of each subsequent payment for each Subaccount is: The number of Annuity Units for each Subaccount as determined for the first annuity payment Multiplied by MULTIPLIED BY The value of an Annuity Unit for that Subaccount at the end of the month immediately preceding the month in which payment is due. We guarantee that the amount of each Variable Annuity payment will not be affected by variations in expenses or mortality experience.

Appears in 4 contracts

Samples: Variable Annuity Account Five, Anchor National Life Insurance Co, Variable Annuity Account Five

SUBSEQUENT VARIABLE ANNUITY PAYMENTS. After the first Variable Annuity payment, subsequent Variable Annuity payments will vary in amount according to the investment performance of the applicable Subaccount(s) to which a portion of Your Purchase Payments are Contract Value is allocated. The amount may change from month to month. The amount of each subsequent payment for each Subaccount is: The number of Annuity Units for each Subaccount as determined for the first annuity payment Multiplied by The value of an Annuity Unit for that Subaccount at the end of the month immediately preceding the month in which payment is due. We guarantee that the amount of each Variable Annuity payment will not be affected by variations in expenses or mortality experience.

Appears in 2 contracts

Samples: Variable Annuity Account Seven, Variable Annuity Account Seven

SUBSEQUENT VARIABLE ANNUITY PAYMENTS. After the first Variable Annuity payment, subsequent Variable Annuity payments will vary in amount according to the investment performance of the applicable Subaccount(s) to which a portion of Your Purchase Payments are Certificate Value is allocated. The amount may change from month to month. The amount of each subsequent payment for each Subaccount is: The number of Annuity Units for each Subaccount as determined for the first annuity payment Multiplied by The value of an Annuity Unit for that Subaccount at the end of the month immediately preceding the month in which payment is due. We guarantee that the amount of each Variable Annuity payment will not be affected by variations in expenses or mortality experience.

Appears in 2 contracts

Samples: Variable Annuity Account Seven, Variable Annuity Account Seven

AutoNDA by SimpleDocs

SUBSEQUENT VARIABLE ANNUITY PAYMENTS. After the first Variable Annuity payment, payments will vary in amount according to the investment performance of the applicable Subaccount(s) to which Your Purchase Payments are allocated. The amount may change from month to month. The amount of each subsequent payment for each Subaccount is: The number of Annuity Units for each Subaccount as determined for the first annuity payment Multiplied by MULTIPLIED BY The value of an Annuity Unit for that Subaccount at the end of the month immediately preceding the month in which payment is due. We guarantee that the amount of each Variable Annuity payment will not be affected by variations in expenses or mortality experience.

Appears in 1 contract

Samples: Anchor National Life Insurance Co

Time is Money Join Law Insider Premium to draft better contracts faster.