ANNUITY UNIT. A unit of measure used to determine the amount of variable payments under a variable payment plan and the value of the interest of a variable payment plan in the Separate Account. Annuity Units may be Class A Annuity Units or Class B Annuity Units.
Appears in 6 contracts
Sources: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)
ANNUITY UNIT. A unit of measure used to determine the amount of variable payments under a variable payment income plan and the value of the interest of a variable payment income plan in the Separate Account. Annuity Units may be Class A Annuity Units or Class B Annuity Units.
Appears in 2 contracts
Sources: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account B)