Common use of Separate Account Assets Clause in Contracts

Separate Account Assets. FLIC shall transfer to MLLIC, TIG or Royal, as the case may be, assets representing the contract liabilities attributable to the variable portion of the variable annuity contracts participating in the separate account known as the Merr▇▇▇ ▇▇▇c▇ Variable Annuity Account.

Appears in 1 contract

Sources: Assumption Reinsurance Agreement (Merrill Lynch Life Variable Annunity Separate Account)

Separate Account Assets. FLIC shall transfer to MLLIC, TIG or Royal, as the case may be, assets representing the contract liabilities attributable to the variable portion of the variable annuity contracts participating in the separate account known as the Merr▇▇▇▇▇▇▇ ▇▇▇c▇ Variable Annuity Account.

Appears in 1 contract

Sources: Assumption Reinsurance Agreement (Ml of New York Variable Annuity Separate Account)