Variable Account definition

Variable Account means the account established for a member who participates in the

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Variable Account is a separate investment account of ours into which purchase payments may be invested or Account Value may be transferred. The Variable Account is shown in the Schedule. "Variable Account Value" is the sum of the value of each Variable Sub-Account on a Valuation Date.

Variable Account means the account established for a member who participates in the Variable Annuity Account under ORS 238.260.

Examples of Variable Account in a sentence

• AUL shall exercise these voting rights based on instructions received from persons having the voting interest in corresponding Investment Accounts of the Variable Account.

• Payments or transfers to or from a Variable Account may be delayed after our receipt of the request under certain circumstances.

• Each Variable Account may invest its assets in a separate class of shares of a designated investment company or companies.

• The value of the Variable Account, at any time prior to the Annuity Commencement Date, is equal to the sum of the values allocated to the Variable Subaccounts.

• The Company represents and warrants that the fees to be paid by W&R for services to be rendered by Company pursuant to the terms of this Agreement are to compensate Company for providing administrative services to Ivy Funds VIP and for providing personal services to Contract Owners as described in Schedule A, and are not designed to reimburse or compensate Company for providing any other services with respect to the Contracts or any Variable Account.

More Definitions of Variable Account

Variable Account. A separate account maintained by us in which a portion of our assets has been allocated for this and certain other contracts. It has been designated on the Contract Schedule. PURCHASE PAYMENTS

Variable Account. The Protective Variable Annuity Separate Account, a separate investment account of Protective Life.

Variable Account means a separate account established by AUL called the AUL American Unit Trust, which is registered under The Investment Company Act of l940 as a unit investment trust.

Variable Account. One or more Variable Accounts are named on the Policy Data Page. Each is a separate investment account of the Company.

Variable Account means the account established for a member who

Variable Account. The Protective Variable Annuity Separate Account, a separate investment account of Protective Life. ICC11-VDA-P-2006 12/11 Company — Protective Life Insurance Company, also referred to as “Protective Life”, “the Company”, “we”, “us” and “our”.

Variable Account. A separate account designated on the Contract Schedule which provides investment options where the benefits are variable and are not guaranteed as to dollar amount.