Net Investment. “Net Investment” is the quantity that is determined as follows: Net Investment = Gross Plant Investment - Depreciation Reserve + CWIP + PHFU - ADIT + Working Capital where the quantities appearing in the foregoing equation are defined hereinafter below. In determining Net Investment hereunder, each component thereof, other than Cash Allowance, shall be determined as the end-of-year balances in the Accounts specified for the relevant Cost Year.
Net Investment. FACTOR The net investment factor for each subaccount for each valuation period is determined by dividing a) by b) and subtracting c) from the result, where:
Net Investment. Factor The ratio of the sub-account performance of the current valuation day to the immediately prior valuation day. The sub-account performance includes gains or losses in the sub-accounts, dividends paid, any capital gains or losses, any taxes, mortality and expense risk charges, and asset-based administration charges.
Net Investment. Factor Contract Maintenance Charge Mortality Risk Charge, Expense Risk and Administration Charge Premium Taxes Contingent Deferred Sales Charge
Net Investment. Factor — Each Subaccount’s Net Investment Factor for any valuation period is equal to (A / B) — C, where:
Net Investment. Factor The Net Investment Factor measures the investment performance of a Sub-Account from one Valuation Period to the next. This factor is equal to 1.000000 plus the result (which may be positive or negative) from dividing (a) by (b) and subtracting (c) and (d) where:
Net Investment. With respect to any portion of the Nuclear Fuel, the excess of the amount of the Investment in such portion over the aggregate amount of the Basic Heat Supply Charge, if any, theretofore paid by El Paso to the Trustee in respect of such portion. In addition, Net Investment shall be reduced by the amount of any payment made by El Paso to the Trustee for application pursuant to Section 3(a) (i) of the Purchase Contract.
