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Common use of Sub-Account Clause in Contracts

Sub-Account. A subdivision of the Separate Account. Each of the Sub-Accounts invests in the shares of a designated Fund.

Appears in 2 contracts

Sources: Group Flexible Premium Deferred Variable Annuity Contract (Annuity Investors Variable Account B), Group Flexible Premium Deferred Variable Annuity Contract (Annuity Investors Variable Account B)

Related Clauses

  • Cash Account
  • Income Account
  • Permitted Withdrawals from the Collection Account
  • Liquidation Account
  • Permitted Withdrawals from the Collection Accounts and Certificate Account

Parent Clauses

  • Settlement of Client Orders
  • Settlement account with IBIE
  • COLLATERAL; SECURITY INTEREST
  • Payments for Plan Related Expenses
  • DEFINITIONS

Sub-Clauses

  • Accumulation Unit Value
  • Number of Accumulation Units
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