Common use of Transfer of Ownership Clause in Contracts

Transfer of Ownership. A transfer of ownership of itself will not change the interest of a beneficiary.

Appears in 42 contracts

Sources: Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Flexible Payment Variable Annuity (NML Variable Annuity Account B), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A)

Transfer of Ownership. A transfer of ownership of itself will not change the interest of a beneficiaryBeneficiary.

Appears in 6 contracts

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

Transfer of Ownership. A transfer of ownership of itself will not change the interest of a beneficiarypayee.

Appears in 1 contract

Sources: Deferred Variable Annuity Contract (NML Variable Annuity Account B)