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:

Appears in 3 contracts

Samples: Certificate of Insurance (Variable Separate Account of Anchor National Life Insur Co), Certificate of Insurance (Anchor National Life Insurance Co), Certificate of Insurance (Variable Separate Account of Anchor National Life Insur Co)

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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: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.

Appears in 3 contracts

Samples: Annuity Contract (Variable Separate Account of Anchor National Life Insur Co), Annuity Contract (Anchor National Life Insurance Co), Annuity Contract (Variable Separate Account of Anchor National Life Insur Co)

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