Transferability Restrictions. Notwithstanding any other provisions of this contract, the Annuitant may not transfer his contract rights and privileges to any other person or persons nor may this contract be sold, assigned or pledged as collateral for a loan or as security for the performance of an obligation or for any other purpose to anyone other than the Company.
Appears in 2 contracts
Sources: Immediate Variable Annuity Agreement (NML Variable Annuity Account A), Deferred Variable Annuity Contract (NML Variable Annuity Account B)