Common use of Annuity Units Clause in Contracts

Annuity Units. The number of Fund(s) Annuity Units remains fixed. Each future payment is equal to this number times the Fund(s) Annuity Unit Value on the tenth Valuation Period prior to the due date of the payment.

Appears in 4 contracts

Samples: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co), Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co), Insurance Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)

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Annuity Units. The number of each Fund(s) Annuity Units remains fixed. Each future payment is equal to this the sum of the products of each Fund(s) Annuity Unit Value multiplied by the appropriate number times the of Units. The Fund(s) Annuity Unit Value on the tenth Valuation Period prior to the due date of the paymentpayment is used.

Appears in 2 contracts

Samples: Variable Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Variable Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

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Annuity Units. The number of each Fund(s) Annuity Units remains fixed. Each future payment is equal to this number times the sum of the products of each Fund(s) Annuity Unit Value multiplied by the appropriate number of Units. The Fund(s) Annuity Unit value on the tenth Valuation Period prior to the due date of the paymentPayment is used.

Appears in 1 contract

Samples: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

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