Accumulation Unit Values Sample Clauses

Accumulation Unit Values. The Accumulation Unit value for each Sub-Account on any Valuation Day is determined by multiplying the Accumulation Unit value on the prior Valuation Day by the net investment factor for the Valuation Period. The net investment factor is used to measure the investment performance of a Sub-Account from one Valuation Period to the next. A net investment factor is determined for each Sub-Account for each Valuation Period. The net investment factor may be greater or less than one, so the value of an Accumulation Unit can increase or decrease. The net investment factor for any Sub-Account for any Valuation Period is determined by dividing (1) by (2) and subtracting (3), where:
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Accumulation Unit Values. The Accumulation Unit value for each Sub-Account on any Valuation Day is determined by multiplying the Accumulation Unit value on the prior Valuation Day by the net investment factor for the Valuation Period. The net investment factor is used to measure the investment performance of a Sub-Account from one Valuation Period to the next. A net investment factor is determined for each Sub-Account for each Valuation Period. The net investment factor may be greater or less than one, so the value of an Accumulation Unit can increase or decrease.
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Accumulation Unit Values. The Accumulation Unit value for each Sub-Account on any Valuation Day is determined by multiplying the Accumulation Unit value on the prior Valuation Day by the net investment factor for the Valuation Period. The net investment factor is used to measure the investment performance of a Sub-Account from one Valuation Period to the next. A net investment factor is determined for each Sub-Account for each Valuation Period. The net investment factor may be greater or less than one, so the value of an Accumulation Unit can increase or decrease. NY-VDA-A-2006 [ 12/11 ] Net Investment Factor — The net investment factor for any Sub-Account for any Valuation Period is determined as follows:
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Accumulation Unit Values. 14 TRANSFERS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14 SURRENDERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Suspension or Delay in Payment of Surrender. . . . . . . . . . . . . . . . . .15
Sample 1
Accumulation Unit Values. Accumulation Units will be credited to IRA Accounts for benefits funded by a Separate Account Sub-Account. The number of Accumulation Units to be credited to an IRA Account at the time any Net Contribution is to be allocated will be equal to the portion of the Net Contribution to be allocated, as specified by the Participant-Owner, divided by the dollar value of the applicable Sub-Account Accumulation Unit as of the Valuation Date such payment is allocated. The dollar value of a Sub-Account Accumulation Unit as of any Valuation Date will be determined by multiplying the dollar value of such Accumulation Unit as of the immediately preceding Valuation Date by the Net Investment Factor for the Valuation Period at the end of which the Accumulation Unit value is being determined. On any Valuation Date prior to the Annuity Date, the Accumulated Value of the portion of an IRA Account allocated to a Separate Account Sub-Account will be the sum of the value of all such Sub-Account Accumulation Units then credited to the IRA Account.
Sample 1
Accumulation Unit Values. 13 TRANSFERS.................................................................. 14
Sample 1
Accumulation Unit Values. 14 Transfers................................................................... 14 12/98 5 Surrenders.................................................................. 15 Suspension or Delay in Payment of Surrender................................. 15
Sample 1
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Related to Accumulation Unit Values

  • Variable Accumulation Period The Controlled Accumulation Period is scheduled to commence on the Stated Controlled Accumulation Period Commencement Date; provided, however, that if the Controlled Accumulation Period Length (determined as described below) on any Determination Date is different from the Initial Scheduled Controlled Accumulation Period Length, the Servicer, at its option on any Determination Date prior to the commencement of the Controlled Accumulation Period, may elect to modify the date on which the Controlled Accumulation Period actually commences to the last Business Day of any Due Period that precedes the Due Period that is the number of Due Periods prior to the Expected Final Payment Date equal to the Controlled Accumulation Period Length. Such election will be set forth in the Monthly Servicer Certificate. If the Servicer elects to modify the date on which the Controlled Accumulation Period commences pursuant to this Section 19, then on each Determination Date thereafter until the date on which the Controlled Accumulation Period commences the Servicer will recalculate the Controlled Accumulation Period Length; provided, however, that (i) the length of the Controlled Accumulation Period will not be less than the Minimum Controlled Accumulation Period Length and (ii) notwithstanding any other provision of this Series Supplement to the contrary, no election to postpone the commencement of the Controlled Accumulation Period shall be made after a Rapid Amortization Event (as described herein or in the applicable Series Supplement) shall have occurred for so long as it is continuing with respect to any Series in the Group to which the Series established hereby belongs. On each Determination Date, the Servicer will determine the "Controlled Accumulation Period Length" that will equal the number of Due Periods such that the Class Controlled Accumulation Amount for the Due Period related to the Class Expected Final Payment Date, when aggregated with the Class Controlled Accumulation Amounts for each preceding Due Period, will equal or exceed the Series Initial Investor Interest. Any notice by the Servicer electing to modify the commencement of the Controlled Accumulation Period pursuant to this Section 19 shall specify the following as determined on such Determination Date: (i) the Controlled Accumulation Period Length; (ii) the commencement date of the Controlled Accumulation Period; and (iii) the Class Controlled Accumulation Amount with respect to each class of such Series with respect to each Due Period. If the Controlled Accumulation Period Length as recalculated on any such Determination Date exceeds the number of full Due Periods following such Determination Date and preceding the Class A Expected Final Payment Date, the commencement date of the Controlled Accumulation Period will be such Determination Date.

  • Account Value The term “Account Value” is defined as the policy value determined in accordance with the terms of the Annuities.

  • Principal Payment Date Any unpaid principal of this promissory note (this "Demand Note") shall be paid on the Demand Date.

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