Common use of ANNUAL CHARGE Clause in Contracts

ANNUAL CHARGE. Assets of the Variable Investment Options will be subject to an annual charge to be assessed as a daily asset charge. This daily asset charge is for the expenses and benefit features of the Contract. The charge will be made pursuant to item (c) of "

Appears in 2 contracts

Sources: Flexible Premium Deferred Variable Annuity Contract (Separate Account a of Axa Equitable Life Insurance Co), Flexible Premium Deferred Variable Annuity Contract (Separate Account a of Axa Equitable Life Insurance Co)