Common use of Subsequent Variable Payments Clause in Contracts

Subsequent Variable Payments. The amount of each subsequent payment from each Division under a variable payment plan will increase or decrease in accord with the increase or decrease in the value of an Annuity Unit which reflects the investment experience of that Division of the Separate Account. The amount of subsequent variable payments is the sum of payments from each Division, each determined by multiplying the fixed number of Annuity Units for the Division by the value of an Annuity Unit for the Division on: • the fifth Valuation Date prior to the payment due date if the payment due date is a Valuation Date; or • the sixth Valuation Date prior to the payment due date if the payment due date is not a Valuation Date.

Appears in 12 contracts

Samples: Flexible Payment Variable Annuity (NML Variable Annuity Account A), Flexible Payment Variable Annuity (NML Variable Annuity Account B), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)

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Subsequent Variable Payments. The amount of each subsequent payment from each Division under a variable payment plan will increase or decrease in accord with the increase or decrease in the value of an Annuity Unit which reflects the investment experience of that Division of the Separate Account. The amount of subsequent variable payments is the sum of payments from each Division, each determined by multiplying the fixed number of Annuity Units for the Division by the value of an Annuity Unit for the Division on: o the fifth Valuation Date prior to the payment due date if the payment due date is a Valuation Date; or o the sixth Valuation Date prior to the payment due date if the payment due date is not a Valuation Date.

Appears in 7 contracts

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A)

Subsequent Variable Payments. The amount of each subsequent payment from each Division under a variable payment plan will increase or decrease in accord with the increase or decrease in the value of an Annuity Unit which reflects the investment experience of that Division of the Separate Account. The amount of subsequent variable payments is the sum of payments from each Division, each determined by multiplying the fixed number of Annuity Units for the Division by the value of an Annuity Unit for the Division on: - the fifth Valuation Date prior to the payment due date if the payment due date is a Valuation Date; or - the sixth Valuation Date prior to the payment due date if the payment due date is not a Valuation Date.

Appears in 7 contracts

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A)

Subsequent Variable Payments. The amount of each subsequent payment from each Division under a variable payment plan will increase or decrease in accord with the increase or decrease in the value of an Annuity Unit which reflects the investment experience of that Division of the Separate Account. The amount Amount of subsequent variable payments is the sum of payments from each Division, each determined by multiplying the fixed number of Annuity Units for the Division by the value of an Annuity Unit for the Division on: - the fifth Valuation Date prior to the payment due date if the payment due date is a Valuation Date; or - the sixth Valuation Date prior to the payment due date if the payment due date is not a Valuation Date.

Appears in 4 contracts

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A)

Subsequent Variable Payments. The amount of each subsequent payment from each Division under a variable payment plan will increase or decrease in accord with the increase or decrease in the value of an Annuity Unit which reflects the investment experience of that Division of the Separate AccountDivision. The amount of subsequent variable payments is the sum of payments from each Division, each determined by multiplying the fixed number of Annuity Units for the Division by the value of an Annuity Unit for the Division on: • the fifth Valuation Date prior to the payment due date if the payment due date is a Valuation Date; or • the sixth Valuation Date prior to the payment due date if the payment due date is not a Valuation Date.

Appears in 3 contracts

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)

Subsequent Variable Payments. The amount of each subsequent payment from each Division payments under a variable payment plan will increase or decrease in accord with the increase or decrease in according to the value of an Annuity Unit Units which reflects reflect the investment experience of that each Division of the Separate Account. The amount of subsequent variable payments is the sum of payments from each Division, each payment being determined by multiplying the fixed number of Annuity Units for the Division by the value of an Annuity Unit for the that Division on: • the fifth Valuation Date valuation date prior to the payment due date date, if the payment due date is a Valuation Datevaluation date; or • the sixth Valuation Date valuation date prior to the payment due date date, if the payment due date is not a Valuation Datevaluation date.

Appears in 1 contract

Samples: Group Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)

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Subsequent Variable Payments. The amount of each subsequent payment from each Division payments under a variable payment plan will increase or decrease in accord with the increase or decrease in according to the value of an Annuity Unit Units which reflects reflect the investment experience of that each Division of the Separate Account. The amount of subsequent variable payments is the sum of payments from each Division, each payment being determined by multiplying the fixed number of Annuity Units for the Division by the value of an Annuity Unit for the that Division on: - the fifth Valuation Date prior to the payment due date date, if the payment due date is a Valuation Date; or - the sixth Valuation Date prior to the payment due date date, if the payment due date is not a Valuation Date.. NPV.1C 11

Appears in 1 contract

Samples: Group Combination Annuity (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)

Subsequent Variable Payments. The amount of each subsequent payment from each Division payments under a variable payment plan will increase or decrease in accord with the increase or decrease in according to the value of an Annuity Unit Units which reflects reflect the investment experience of that each Division of the Separate Account. The amount of subsequent variable payments is the sum of payments from each Division, each determined by multiplying the fixed number of Annuity Units for the Division by the value of an Annuity Unit for the that Division on: • : (1) the fifth Valuation Date valuation date prior to the payment due date if the payment due date is a Valuation Datevaluation date; or • or (2) the sixth Valuation Date valuation date prior to the payment due date if the payment due date is not a Valuation Datevaluation date.

Appears in 1 contract

Samples: Deferred Variable Annuity Contract (NML Variable Annuity Account B)

Subsequent Variable Payments. The amount of each subsequent payment from each Division payments under a variable payment plan will increase or decrease in accord with the increase or decrease in according to the value of an Annuity Unit Units which reflects reflect the investment experience of that each Division of the Separate Account. The amount of subsequent variable payments is the sum of payments from each Division, each payment being determined by multiplying the fixed number of Annuity Units for the Division by the value of an Annuity Unit for the that Division on: • the fifth Valuation Date prior to the payment due date date, if the payment due date is a Valuation Date; or • the sixth Valuation Date prior to the payment due date date, if the payment due date is not a Valuation Date.. NPV.1C

Appears in 1 contract

Samples: Group Combination Annuity (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)

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