Common use of Variable Accounts Clause in Contracts

Variable Accounts. The Variable Accounts are named in the Definitions Section of this Contract. They are separate investment accounts of ▇▇▇▇▇▇▇ ▇▇▇▇▇ Life Insurance Company. With respect to each Variable Account, income, gains, and losses, whether or not realized, from assets allocated to that Variable Account are credited to or charged against the Variable Account without regard to other income, gains, or losses of the Company. Assets allocated to the Variable Accounts remain our property but are separate from our general account and any other separate accounts we may have and may not be charged with liabilities from any other business we conduct.

Appears in 1 contract

Sources: Annuity Contract (Merrill Lynch Life Variable Annuity Separate Account A)

Variable Accounts. The Variable Accounts are named in the Definitions Section of this Contract. They are separate investment accounts of ▇▇▇▇▇▇▇ ▇▇▇▇▇ ML Life Insurance CompanyCompany of New York. With respect to each Variable Account, income, gains, and losses, whether or not realized, from assets allocated to that Variable Account are credited to or charged against the Variable Account without regard to other income, gains, or losses of the Company. Assets allocated to the Variable Accounts remain our property but are separate from our general account and any other separate accounts we may have and may not be charged with liabilities from any other business we conduct.

Appears in 1 contract

Sources: Annuity Contract (Ml of New York Variable Annuity Separate Account A)