Common use of PAYMENTS UNDER VARIABLE PAYMENT PLANS Clause in Contracts

PAYMENTS UNDER VARIABLE PAYMENT PLANS. The amount of the First Payment is the sum of payments from each Division, each determined by multiplying the benefits allocated to the Division under the variable payment plan by the applicable variable payment rate per $1,000 of benefits.

Appears in 2 contracts

Sources: Group Combination Annuity (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Group Combination Annuity (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)

PAYMENTS UNDER VARIABLE PAYMENT PLANS. The amount of the First Payment is the sum of payments from each Division, each determined by multiplying the benefits allocated to the Division under the variable payment plan by the applicable variable payment rate per $1,000 of benefits.of

Appears in 1 contract

Sources: Group Combination Annuity (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)