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 Transamerica or its designated servicing agent and shall become the exclusive property of Transamerica. Checks or money orders in payment under the Contracts shall be drawn to the order of "Transamerica Life Insurance Company" and funds may be remitted by wire if prior written approval is obtained from Transamerica.

Appears in 7 contracts

Sources: Principal Underwriting Agreement (Separate Account Va B), Principal Underwriting Agreement (Separate Account Va C), Principal Underwriting Agreement (Separate Account Va B)

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 Transamerica or its designated servicing agent and shall become the exclusive property of Transamerica. Checks or money orders in payment under the Contracts shall be drawn to the order of "β€œTransamerica Life Insurance Company" ” and funds may be remitted by wire if prior written approval is obtained from Transamerica.

Appears in 3 contracts

Sources: Principal Underwriting Agreement (Transamerica Separate Account Va-6), Principal Underwriting Agreement (Separate Account Va X), Principal Underwriting Agreement (Separate Account Va 7 of Transamerica Life Ins & Annuity Co)

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 Transamerica or its designated servicing agent and shall become the exclusive property of Transamerica. Checks or money orders in payment under the Contracts shall be drawn to the order of "Transamerica Life Insurance Company" and funds may be remitted by wire if prior written approval is obtained from Transamerica.

Appears in 1 contract

Sources: Principal Underwriting Agreement (Separate Account Va 8 of Transamerica Life Ins & Annuity Co)

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 Transamerica or its designated servicing agent and shall become the exclusive property of Transamerica. Checks or money orders in payment under the Contracts shall be drawn to the order of "Transamerica Life Insurance Company" and funds may be remitted by wire if prior written approval is obtained from Transamerica.of

Appears in 1 contract

Sources: Principal Underwriting Agreement (Separate Account Va P)