Common use of Certificates and Statements Clause in Contracts

Certificates and Statements. Minnesota Mutual shall issue to each Participant as to whom Annuity Payments are provided hereunder an individual certificate setting forth the amount and terms of such Annuity Payments. At least once in each Contract Year, Minnesota Mutual will furnish the Contract-holder a statement of the Active Life Fund, the current accumulation unit value, and the Accumulation Value. Such statement shall be as of a date within four months of the mailing of the statement.

Appears in 1 contract

Sources: Group Deposit Administration Contract (Minnesota Mutuals Variable Fund D)

Certificates and Statements. Minnesota Mutual shall issue to each Participant as to whom Annuity Payments are provided hereunder an individual certificate setting forth the amount and terms of such Annuity Payments. At least once in each Contract Year, Minnesota Mutual will furnish the Contract-holder Contract Owner a statement of the Active Life Fundeach Participant's Individual Account, the current accumulation unit value, and the each Participant's Accumulation Value. Such statement shall be as of a date within four months of the mailing of the statement.

Appears in 1 contract

Sources: Group Accumulation Annuity Contract (Minnesota Mutuals Variable Fund D)