Common use of Considerations Clause in Contracts

Considerations. All premiums, purchase payments or other moneys payable under the Contracts shall be remitted promptly in full together with such application, forms and any other required documentation to TALIC or its designated servicing agent and shall become the exclusive property of TALIC. Checks or money orders in payment under the Contracts shall be drawn to the order of “Transamerica Advisors Life Insurance Company” and funds may be remitted by wire if prior written approval is obtained from TALIC.

Appears in 11 contracts

Samples: Principal Underwriting Agreement (Merrill Lynch Life Variable Annuity Separate Account D), Principal Underwriting Agreement (Merrill Lynch Life Variable Annuity Separate Account A), Principal Underwriting Agreement (Merrill Lynch Life Variable Annuity Separate Account A)

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