Common use of Transfer Between Payment Plans Clause in Contracts

Transfer Between Payment Plans. A beneficiary who is receiving payment under a payment plan which includes the right to withdraw may transfer the amount withdrawable to any other payment plan that is available.

Appears in 25 contracts

Samples: NML Variable Annuity Account B, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co

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Transfer Between Payment Plans. A beneficiary who is receiving payment under a payment plan which includes the right to withdraw may transfer the amount withdrawable to any other payment plan that is available.

Appears in 8 contracts

Samples: Agreement (Aerosonic Corp /De/), Agreement (Aerosonic Corp /De/), Northwestern Mutual Variable Life Account

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Transfer Between Payment Plans. A direct or contingent beneficiary who is receiving payment under a payment plan which includes with the right to withdraw may transfer the amount withdrawable withdrawal value to any other payment plan that is available, subject to the provisions of Section 8.5.

Appears in 1 contract

Samples: NML Variable Annuity Account B

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