Common use of Divisible Surplus Clause in Contracts

Divisible Surplus. The portion, if any, of the divisible surplus of Prudential accruing upon this contract will be determined annually by the Board of Directors of Prudential and credited to Participants' Accounts as determined by the Board. (It is unlikely any divisible surplus will accrue upon this contract.) No annuity under this contract will be taken into account in the determination of any divisible surplus to be credited to this contract.

Appears in 41 contracts

Samples: Prudential Variable Contract Account 11, Prudential Variable Contract Account 10, Prudential Variable Contract Account 11

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Divisible Surplus. The portion, if any, of the our divisible surplus of Prudential accruing upon under this contract Contract will be determined annually by the our Board of Directors of Prudential and credited to Participants' Accounts the Contractholder Account as determined by the Board. (It is unlikely that any divisible surplus will accrue upon this contract.) Contract. No annuity under this contract Contract will be taken into account in the determination of any divisible surplus to be credited to this contractContract.

Appears in 2 contracts

Samples: Prudential Discovery Select Group Variable Contract Acct, Prudential Discovery Select Group Variable Contract Acct

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Divisible Surplus. The portion, if any, of the our divisible surplus of Prudential accruing upon under this contract Contract will be determined annually by the our Board of Directors of Prudential and credited to Participants' the Contractholder Accounts as determined by the Board. (It is unlikely that any divisible surplus will accrue upon this contract.) Contract. No annuity under this contract Contract will be taken into account in the determination of any divisible surplus to be credited to this contractContract.

Appears in 1 contract

Samples: Prudential Discovery Select Group Variable Contract Acct

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