Common use of Annuity Unit Value Clause in Contracts

Annuity Unit Value. An Annuity Unit is used to calculate the value of annuity payments. The value of an Annuity Unit for each Sub-Account was arbitrarily set at $10 when the first Mutual Fund shares were bought. The value for any later Valuation Period is found as follows:

Appears in 2 contracts

Samples: Group Modified Single Purchase Payment Deferred Variable Annuity Contract (Nationwide Variable Account 9), Group Modified Single Purchase Payment Deferred Variable Annuity Contract (Nationwide Fidelity Advisor Annuity Variable Account)

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Annuity Unit Value. An Annuity Unit is used to calculate the value of annuity payments. The value of an Annuity Unit for each Sub-Account was arbitrarily set at $10 when the first Mutual Fund shares mutual funds were bought. The value for any later Valuation Period is found as follows:

Appears in 2 contracts

Samples: Annuity Contract (Nationwide Multi Flex Variable Account), Annuity Contract (Nationwide Multi Flex Variable Account)

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Annuity Unit Value. An Annuity Unit is used to calculate the value of annuity paymentsAnnuity Payments. The value of an Annuity Unit for each Sub-Account was arbitrarily originally set at $10 when the first Mutual Fund shares were bought1. The value for any later Valuation Period is found as follows:

Appears in 1 contract

Samples: Annuity Contract (Parkstone Variable Annuity Account)

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