Common use of MAXIMUM ACCUMULATION VALUE OF THE GUARANTEED ACCOUNTS Clause in Contracts

MAXIMUM ACCUMULATION VALUE OF THE GUARANTEED ACCOUNTS. The Accumulation Value of the Guaranteed Accounts may not exceed the Maximum Accumulation Value of the Guaranteed Accounts as shown on Page 4 without prior consent of the Company, except when the maximum is exceeded because of interest accruing to the Guaranteed Accounts.

Appears in 2 contracts

Sources: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account B)

MAXIMUM ACCUMULATION VALUE OF THE GUARANTEED ACCOUNTS. The Accumulation Value of the Guaranteed Accounts may not exceed the Maximum Accumulation Value of the Guaranteed Accounts as shown on Page page 4 without prior consent of the Company, except when the maximum is exceeded because of interest accruing to the Guaranteed Accounts.

Appears in 2 contracts

Sources: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)