ACCUMULATION UNIT VALUE. The Accumulation Unit value of a Variable Account on any Valuation Date is equal to: (a) the Accumulation Unit value of that Variable Account as of the immediately preceding Valuation Date; multiplied by (b) the net investment factor for the Valuation Period ending on the Valuation Date on which the Accumulation Unit value is being determined. The Accumulation Unit value may increase, decrease, or remain unchanged as a result of the value of the net investment factor.
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Samples: Individual Deferred Annuity Contract (Variable Annuity-8 Series Account), Group Variable Deferred Annuity Contract (Variable Annuity-8 Series Account (Of Great-West Life & Annuity Insurance Co of New York)), Nonparticipating, Individual Flexible Premium Variable Deferred Annuity Contract (Variable Annuity-8 Series Account (Of Great-West Life & Annuity Insurance Company))
ACCUMULATION UNIT VALUE. The Accumulation Unit value Value of a Variable Account on any Valuation Date is equal to: (a) the Accumulation Unit value Value of that Variable Account as of the immediately preceding Valuation Date; multiplied by (b) the net investment factor Net Investment Factor for the Valuation Period ending on the Valuation Date on which the Accumulation Unit value Value is being determined. The Accumulation Unit value Value may increase, decrease, or remain unchanged as a result of the value of the net investment factorNet Investment Factor.
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