Common use of Net Contract Value Clause in Contracts

Net Contract Value. The Contract Value less any Contract Debt. Non-Natural Owner – A corporation or other entity that is not a (natural) person.

Appears in 6 contracts

Sources: Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co)

Net Contract Value. The Contract Value less any Contract Debt. Non-Natural Owner A corporation or other entity that is not a (natural) person.

Appears in 4 contracts

Sources: Insurance Contract (Separate Account a of Pacific Life Insurance Co), Insurance Contract (Separate Account a of Pacific Life Insurance Co), Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co)