Common use of Accumulation Units - Separate Account Clause in Contracts

Accumulation Units - Separate Account. The portion of the Purchase Payment(s) applied to each Subaccount under the Separate Account will determine the number of accumulation units for that Subaccount. This number is equal to the portion of the Purchase Payment(s) applied to each Subaccount divided by the accumulation unit value (see Section III - Accumulation Unit Value Separate Account) for the Valuation Date in which the Purchase Payment is received in good order at Aetna's home office.

Appears in 3 contracts

Samples: Variable Annuity Account B of Aetna Life Ins & Annuity Co, Variable Annuity Account B of Aetna Life Ins & Annuity Co, Variable Annuity Account B of Aetna Life Ins & Annuity Co

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Accumulation Units - Separate Account. The portion of the Purchase Payment(s) applied to each Subaccount under the Separate Account will determine the number of accumulation units for that Subaccount. This number is equal to the portion of the Purchase Payment(s) applied to each Subaccount divided by the accumulation unit value (see Section III - Accumulation Unit Value - Separate Account) for the Valuation Date in which the Purchase Payment is received in good order at Aetna's home office.

Appears in 3 contracts

Samples: Variable Annuity Account B of Aetna Life Ins & Annuity Co, Variable Annuity Account B of Aetna Life Ins & Annuity Co, Variable Annuity Account B of Aetna Life Ins & Annuity Co

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