Common use of ACCUMULATION UNITS Clause in Contracts

ACCUMULATION UNITS. Each CREF account maintains a separate accumulation unit value. The current value of each account’s accumulation unit is based on the market value of that account’s investments, and will be determined in accordance with the Rules of the Fund. The number of accumulation units in any account under the contract will be increased and decreased in accordance with the Rules of the Fund. The number will be increased if:

Appears in 4 contracts

Samples: College Retirement Equities Fund, College Retirement Equities Fund, College Retirement Equities Fund

AutoNDA by SimpleDocs

ACCUMULATION UNITS. Each CREF account maintains a separate accumulation unit value. The current value of each account’s 's accumulation unit is based on the market value of that account’s 's investments, and will be determined in accordance with the Rules of the Fund. The number of accumulation units in any account under the contract will be increased and decreased in accordance with the Rules of the Fund. The number will be increased if:

Appears in 2 contracts

Samples: College Retirement Equities Fund, College Retirement Equities Fund

ACCUMULATION UNITS. Each CREF account maintains a separate accumulation unit value. The current value of each account’s 's accumulation unit is based on the market value of that account’s 's investments, and will be determined in accordance with the Rules of the Fund. The number of your accumulation units in any account under the contract your certificate will be increased and decreased in accordance with the Rules of the Fund. The number will be increased if:

Appears in 1 contract

Samples: College Retirement Equities Fund

AutoNDA by SimpleDocs

ACCUMULATION UNITS. Each CREF account maintains a separate accumulation unit value. The current value of each account’s accumulation unit is based on the market value of that account’s investments, and will be determined in accordance with the Rules of the Fund. The number of accumulation units in any account under the contract Contract will be increased and decreased in accordance with the Rules of the Fund. The number will be increased if:by any premiums that are allocated to that account under the Contract and the number will be decreased by any premium taxes that are deducted from that account and by any amounts that are withdrawn from that account.

Appears in 1 contract

Samples: College Retirement Equities Fund

Time is Money Join Law Insider Premium to draft better contracts faster.