PRICING/VALUATION Clause Samples

PRICING/VALUATION. 1. Collect information needed in determining variable account unit values from the mutual fund. This information includes the daily net asset value of the underlying mutual funds, any capital gains or dividend distribution made by the mutual funds and the number of mutual fund shares acquired or sold during the immediate preceding valuation date. 2. Enter required information into system for unit value calculation to be performed. 3. Generate separate account ledger activity associated with unit values.
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PRICING/VALUATION. ACCOUNTING ---------------------------- FINANCIAL HORIZONS NFS - Determines the "Net Amount - Issues Fund Shares to Available for Investment" in Financial Horizons at Fund Shares and places Fund net asset Value. Share purchase or redemption orders with the Fund, by - Confirms Financial facsimile each day by 10:00 Horizons' Fund purchases a.m. E.T. If for any reason and redemptions. Financial Horizons is unable to process such orders, it - Transmit by facsimile will provide NFS with Fund Share prices to estimates. Financial Horizons by 6:00 p.m. EST each day. - Maintains and makes available, as reasonably - Maintains records of all requested, records used in Fund Shares owned by determining "Net Amount Financial Horizons, Available for Investment." including the date purchased and sold, - Collects information needed cost, and other in determining Variable information maintained Account unit values from the by NFS in its ordinary Funds including daily net course of business. asset value, capital gains or dividend distributions, - Cooperates in annual and the number of Fund audit of separate Shares acquired or sold account financials during the immediately conducted for purposes preceding valuation period. of financial statement certification and - Performs daily unit publication. valuation calculation.
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PRICING/VALUATION. ACCOUNTING ----------------------------
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PRICING/VALUATION. 1. Receives information needed in determining Variable Account unit values from the Investment Company transfer agent. This information includes the daily net asset value of the underlying Investment Company and any capital gains or dividend distribution made by the Investment Company. 2. Performs unit valuation procedure for accumulation and annuity (payout) unit values for the Separate Account based upon valuation information from the Investment Company. 3. Performs valuation of annuity reserves, minimum death benefits, contingency reserves, etc. associated with the variable annuity contracts. 4. Collect the number of Investment Company shares from the Investment Company transfer agent. Compares assets (Investment Company market value. accrued dividend/capital gains) to liability (participant value which is total amount multiplied by Variable Account unit value). Calculates daily asset charge. Redeems asset charges periodically.
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Related to PRICING/VALUATION

  • Pricing and Portfolio Valuation All expenses of computing the Fund 's net asset value per share, including any equipment or services obtained for the purpose of pricing shares or valuing the Fund 's investment portfolio.

  • Customs Valuation The Parties shall determine the customs value of goods traded between them in accordance with the provisions of Article VII of GATT 1994 and the Customs Valuation Agreement.

  • Pricing Adjustments a. In the event an adjustment is made to the computation of the net asset value of Fund shares as reported to Insurance Company under paragraph 7, (1) the correction will be handled in a manner consistent with SEC guidelines and the Investment Company Act of 1940, as amended and (2) the Funds or Transfer Agent shall notify Insurance Company as soon as practicable after discovering the need for any such adjustment. Notification may be made in the following manner:

  • Market Adjustments Neither this Article nor any other in this Collective Agreement prevents the Employer from using other funds to increase a Member’s salary in response to offers received from other employers or to accommodate other market forces.