Common use of Variable Fund Clause in Contracts

Variable Fund. The Company shall establish and maintain a Variable Fund. The Company shall provide to the Contractholder an annual accounting of all financial transactions occurring with respect to this Contract.

Variable Fund. The Company shall establish and maintain a one or more Variable FundFunds reflecting the Contracts' experience in the Separate Account and the Managed Segregated Asset Account. The Company shall provide to the Contractholder an annual accounting of all financial transactions occurring with respect to this Contract.