York Stock Exchange. OWNER The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable. PAYEE The person receiving payment of annuity benefits under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract.
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Samples: Annuity Contract (Fs Variable Annuity Account Nine), Annuity Contract (Fs Variable Annuity Account Five), Annuity Contract (Fs Variable Annuity Account Nine)
York Stock Exchange. OWNER The person or entity named in the Contract who is entitled to exercise all rights and privileges of ownership under the Contract. Owner means both Joint Owners, if applicable. PAYEE The person receiving payment of annuity benefits under this Contract. PURCHASE PAYMENTS Payments in U.S. currency made by or on behalf of the Owner to the Company to fund the Contract. A Purchase Payment corresponds to a Gross Purchase Payment, and equals the Gross Purchase Payment less any applicable Sales Charge.
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