ANNUITY ACCOUNT VALUE. If a loan is outstanding, Annuity Account Value means the sum of the amounts in the Investment Options, plus any amount in the Loan Reserve Account. The following language replaces the existing language in the Section:
Appears in 2 contracts
Sources: Endorsement (Separate Account a of Axa Equitable Life Insurance Co), Endorsement (Separate Account a of Axa Equitable Life Insurance Co)