Common use of ACCUMULATION UNIT VALUE Clause in Contracts

ACCUMULATION UNIT VALUE. The initial accumulation unit value of each Sub-Account was established at $10. The accumulation unit value of a Sub-Account on a Valuation Date is calculated by multiplying the accumulation unit value as of the immediately preceding Valuation Date by the net investment factor as described in the Net Investment Factor provision below. The dollar value of an Accumulation Unit will vary in amount depending on the investment experience of the Portfolio and charges taken from the Sub-Account.

ACCUMULATION UNIT VALUE. The initial accumulation unit value Accumulation Unit Value of each Variable Sub-Account was established at $10. The accumulation unit value Accumulation Unit Value of a Variable Sub-Account on a Valuation Date is calculated by multiplying the accumulation unit value Accumulation Unit Value as of the immediately preceding Valuation Date by the net investment factor (as described explained in the Net Investment Factor provision below. The dollar value paragraph d. of an Accumulation Unit will vary in amount depending on the investment experience of the Portfolio and charges taken from the Sub-Account.Section 5.1

ACCUMULATION UNIT VALUE. The initial accumulation unit value of each Variable Sub-Account was established at $10. The accumulation unit value of a Variable Sub-Account on a Valuation Date is calculated by multiplying the accumulation unit value as of the immediately preceding Valuation Date by the net investment factor as described in the Net Investment Factor net investment factor provision below. The dollar value of an Accumulation Unit will vary in amount depending on upon the investment experience of the Portfolio and charges taken from the Sub-AccountEligible Fund.