Account C definition
Examples of Account C in a sentence
PFL has established PFL Life Variable Annuity Account C and PFL Life Variable Annuity Account D, separate accounts for purposes of selling variable annuity products, which are to be funded in part by the WRL Series Fund, Inc.
Under the Assignment of Deposit Account, CBAZ holds a security interest in the Account with an approximate balance of $2,100,000.00 together with (A) all interest, whether now accrued or hereafter accruing; (B) all additional deposits made to the Account; (C) any and all proceeds from the Account; and (D) all renewals, replacements and substitutions for any of the foregoing.
IT IS HEREBY AGREED that PFL, through its separate accounts, PFL Life Variable Annuity Account C and PFL Life Variable Annuity Account D, is authorized to acquire shares issued by WRL Series Fund, Inc., subject to the terms and conditions of the Participation Agreement.
For valuable consideration, each Applicant grants to Bank a security interest in the Savings Account identified above, together with (A) all interest, whether now accrued or hereafter accruing; (B) all additional deposits hereafter made to the Savings Account; (C) any and all proceeds from the Savings Account; and (D) all renewals, replacements and substitutions for any of the foregoing (the “Collateral”).
Such liabilities include daily charges imposed on the Variable Subaccount and may include a charge or credit with respect to any taxes paid or reserved for by Us that We determine is a result of the operation of the Variable Account; C is the outstanding number of Accumulation Units in the Variable Subaccount at the beginning of the Valuation Period.
Variable Annuity Account C is a Separate Account set up by the Company under the Connecticut Insurance Laws and subject to the Laws of New York.
Account or Variable Account -- Lincoln National Variable Annuity Account C, the segregated investment account into which the Lincoln National Life Insurance Company sets aside and invests the assets attributable to this variable annuity Contract.
Our Separate Account C is established under the Insurance Laws of the State of Iowa, and is a unit investment trust registered with the SEC under the Investment Company Act of 1940.
Reallocations from Fixed Accounts A, B, or the Variable Account, to Fixed Account C are prohibited.
The word “Collateral” means the following described deposit account (“Account”): together with (A) all interest, whether now accrued or hereafter accruing; (B) all additional deposits hereafter made to the Account; (C) any and all proceeds from the Account; and (D) all renewals, replacements and substitutions for any of the foregoing.