Common use of SUBSTITUTION AND CHANGE Clause in Contracts

SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: o the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; and o the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Commissioner of Insurance for the state of Wisconsin, and filing with the state in which this contract is issued.

Appears in 5 contracts

Samples: NML Variable Annuity Account A, NML Variable Annuity Account A, NML Variable Annuity Account A

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SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: o the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; and o the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Commissioner of Insurance for the state of Wisconsin, and filing with the state in which this contract is issued.. XX.X.X.XX.(0805) 7

Appears in 1 contract

Samples: NML Variable Annuity Account A

SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: o . the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; and o . the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Commissioner of Insurance for the state of Wisconsin, and filing with the state in which this contract is issued.. XX.X.X.XX.(0803) 7

Appears in 1 contract

Samples: NML Variable Annuity Acct C of Northwestern Mut Life Ins Co

SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: o the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; and o the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Commissioner of Insurance for the state of Wisconsin, and filing with the state in which this contract is issued.. RR.V.A.BK.(0805) 7

Appears in 1 contract

Samples: NML Variable Annuity Account A

SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: o . the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; and o . the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Commissioner of Insurance for the state of Wisconsin, and filing with the state in which this contract is issued.. XX.X.X.XX.(0704) 7

Appears in 1 contract

Samples: NML Variable Annuity Account A

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SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: o . the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; and o . the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Commissioner of Insurance for the state of Wisconsin, and filing with the state in which this contract is issued.. RP.V.A.BK.(0803) 7

Appears in 1 contract

Samples: NML Variable Annuity Acct C of Northwestern Mut Life Ins Co

SUBSTITUTION AND CHANGE. Pursuant to the authority of the Board of Trustees of the Company: o . the assets of the Division may be invested in securities other than shares of the Portfolio(s) as a substitute for those shares already purchased or as the securities to be purchased in the future; and o . the provisions of the contracts may be modified to comply with any other applicable federal or state laws. In the event of a substitution or change, the Company may make appropriate endorsement on this and other contracts having an interest in the Separate Account and take other actions as may be necessary to effect the substitution or change. Any such substitution or change will be subject to any required approval of the Commissioner of Insurance for the state of Wisconsin, and filing with the state in which this contract is issued.

Appears in 1 contract

Samples: NML Variable Annuity Account A

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