Account Value. The term “Account Value” is defined as the policy value determined in accordance with the terms of the Annuities.
Account Value. The "Account Value" is the sum of the policyholders' interests in the Cedent's separate accounts, as defined in the Policies, before reductions for surrender charges.
Account Value. As of the most recent Valuation Date, the Account Value is equal to the total of the Purchase Payment(s) made to the Account;
Account Value. The term "Account Value," as used in this Agreement, means the contract value determined in accordance with the terms of the Annuities.
Account Value. Account Value in the Sub-accounts: We determine your Account Value separately for each Sub-account. To determine the Account Value in each Sub-account, we multiply the Unit Price, as of the Valuation Day for which the calculation is being made, by the number of Units attributable to your Annuity in that Sub-account as of that Valuation Day.
Account Value. In determining the Account Value attributable to a Participant under this Contract on any Valuation Day:
Account Value. The Account Value is the sum of the amounts in each Sub-Account. The Account Value varies depending upon the Premiums paid, Expense Charge Applied to Premium, Mortality and Expense Risk Charges, Monthly Expense Charges, Monthly Costs of Insurance, Partial Withdrawals, fees, Policy Debt, and the Net Investment Factor. Variable Account Value We measure the amounts in the Variable Sub-Accounts in terms of Units and Unit Values. On any given date, the amount You have in a Variable Sub-Account is equal to the Unit Value multiplied by the number of Units credited to You in that Variable Sub-Account. Amounts allocated to a Variable Sub-Account will be used to purchase Units of that Variable Sub-Account. Units are redeemed when You make Partial Withdrawals, undertake Policy loans, transfer amounts from a Variable Sub-Account, and for the deductions of the Monthly Expense Charge, Monthly Mortality and Expense Risk Charge, fees, and the Monthly Costs of Insurance. The number of Units of each Variable Sub-Account purchased or redeemed is determined by dividing the dollar amount of the transaction by the Unit Value for the Variable Sub-Account. The Unit Value for each Variable Sub-Account is established at $10.00 for the first Valuation Date of the Variable Sub-Account. The Unit Value for any subsequent Valuation Date is equal to the Unit Value for the preceding Valuation Date multiplied by the Net Investment Factor (determined as provided below). The Unit Value of a Variable Sub-Account for any Valuation Date is determined as of the close of the Valuation Period ending on that Valuation Date. Transactions are processed on the date We receive a Premium at Our Principal Office or any acceptable request is received at Our Principal Office. If Your Premium or request is received on a date that is not a Valuation Date, or after the close of the New York Stock Exchange on a Valuation Date, the transaction will be processed on the next subsequent Valuation Date. Account Value in the Sub-Accounts The Account Value attributable to each Sub-Account on the Investment Start Date equals: that portion of Net Premium received and allocated to the Sub-Account, less that portion of the Monthly Expense Charges due on the Policy Date and subsequent Monthly Anniversary Days through the Investment Start Date charged to the Sub-Account, less that portion of the Monthly Cost of Insurance deductions due from the Policy Date through the Investment Start Date charged to the Sub-Account, less ...
Account Value. Value held under this Contract. The value may be maintained in either the Fixed Account, the Variable Account or both, depending on allocations.
Account Value. The Account Value plus or minus the aggregate Market Value Adjustment (MVA), if applicable, for the amount(s) allocated to the Fixed Account (SEE SECTION III - MARKET VALUE ADJUSTMENT).
Account Value. Account value is calculated as: The Regular premiums less
