Segment Value Sample Clauses

Segment Value. The Segment Value on the Segment Date is equal to the amount transferred to the Indexed Account at such time. At any later date, the Segment Value is equal to: • The Segment Value as of the prior day; • Plus the Segment Guaranteed Interest since the prior day; • Minus any Segment Deductions since the prior day; • Plus, at Segment Maturity only, any Segment Indexed Interest credited.
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Segment Value. The Segment Value on the Segment Date is equal to the amount transferred to the Indexed Account at such time. At any later date, the Segment Value is equal to: • The Segment Value as of the prior day • Plus the Segment Guaranteed Interest since the prior day • Minus any Segment Deductions since the prior day • Plus, at Segment Maturity only, any Segment Indexed Interest credited Segment Guaranteed Interest – We credit interest on a daily basis to each Segment from the Segment Date to Segment Maturity, using a 365-day year, at an annual rate equal to the Segment Guaranteed Interest Rate shown in the Policy Specifications. The amount of such interest is called the Segment Guaranteed Interest.
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Segment Value. The Segment Value for any Buffer Segment Option on the initial Segment Start Date is the amount of the Holding Account allocated to the Segment Option. {On any other date, the Segment Value for any Buffer Segment Option is equal to A - B + C + D - E - F, where: A is the Segment Value as of the previous day; B is the Segment Fee amount applied to this Segment Option on this date; C is the amount of Segment Credits that are credited to this Buffer Segment Option on this date; D is any amount transferred from Your Contract’s other Segment Options to this Buffer Segment Option on this date; E is any amount transferred from this Buffer Segment Option to Your Contract’s other Segment Options on this date; and F is any Withdrawals deducted from this Buffer Segment Option on this date.} {On any other date, the Segment Value for any Buffer Segment Option is equal to A + B + C - D - E, where: A is the Segment Value as of the previous day; B is the amount of Segment Credits that are credited to this Buffer Segment Option on this date; C is any amount transferred from Your Contract’s other Segment Options to this Buffer Segment Option on this date; D is any amount transferred from this Buffer Segment Option to Your Contract’s other Segment Options on this date; and E is any Withdrawals deducted from this Buffer Segment Option on this date.} Buffer I (05/19) Page2 Buffer I (05/19) Exhibit 4.1 Buffer Strategy ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and Life Company The Segment Value may be reduced by any premium taxes as provided for in the Premium Taxes section of Your Contract. Segment Credits, if any, will be calculated and added to a Buffer Segment Option only on a Segment End Date.
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Segment Value. The Segment Value for any Fixed Segment Option on the initial Segment Start Date is the amount of the Holding Account allocated to the Segment Option. On any other date, the Segment Value for any Fixed Segment Option is equal to A + B + C – D – E, where: A is the Segment Value as of the previous day; B is the amount of Segment Credits that are credited to this Fixed Segment Option on this date; C is any amount transferred from Your Contract’s other Segment Options to this Fixed Segment Option on this date; and D is any amount transferred from this Fixed Segment Option to Your Contract’s other Segment Options on this date. E is any Withdrawals deducted on this date from this Fixed Segment Option; The Segment Value may be reduced by any premium taxes as provided for in the Premium Taxes section of Your Contract. Fixed I (05/19) Page1 Fixed I (05/19) Exhibit 4.1 Fixed Strategy Athene Annuity and Life Company Segment Credits are credited daily in a compounding fashion in accordance with the initial Annual Interest Rate or renewal Annual Interest Rate and based on a 365-day year. The initial Annual Interest Rate is guaranteed for the initial Segment Term Period. At the end of the initial Segment Term Period and any subsequent Segment Term Periods, We will declare a renewal Annual Interest Rate. The initial Annual Interest Rate and the renewal Annual Interest Rate are guaranteed not to be less than the Minimum Annual Interest Rate. The Minimum Annual Interest Rate is shown on the Segment Contract Schedule. ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Secretary Fixed I (05/19) Page2 Fixed I (05/19) Exhibit 4.1 Floor Strategy Athene Annuity and Life Company This endorsement is part of Your Contract and is subject to all terms, conditions, and provisions contained in Your Contract. Any capitalized terms not defined in this endorsement are defined in the Contract. To the extent there are any conflicts between the provisions of this endorsement and the provisions of Your Contract, the provisions of this endorsement will control. The effective date of this endorsement for new Contracts is the Contract Date and for existing Contracts is the date We issue this endorsement. Within the Floor Strategy Endorsement, there may be several Segment Options available, called “Floor Segment Options.” Each Floor Segment Option will have an Index, Segment Term Period, {Segment Fee,} Cap Rate, {Annual Spread,} Participation Rate, and Floor Rate. The available Floor Segment Options and their components are sh...
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Segment Value. Segment Value Segment Credits
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Related to Segment Value

  • VALUATION PERIOD Each Division will be valued at the end of each Valuation Period on a Valuation Date. A Valuation Period is each Business Day together with any non-Business Days before it. A Business Day is any day the New York Stock Exchange (NYSE) is open for trading, and the SEC requires mutual funds, unit investment trusts, or other investment portfolios to value their securities. ACCUMULATION VALUE The Accumulation Value of this Contract is the sum of the amounts in each of the Divisions of the Variable Separate Account and General Account. You select the Divisions of the Variable Separate Account and General Account to which to allocate the Accumulation Value. The maximum number of Divisions to which the Accumulation Value may be allocated at any one time is shown in the Schedule. ACCUMULATION VALUE IN EACH DIVISION ON THE CONTRACT DATE On the Contract Date, the Accumulation Value is allocated to each Division as elected by you, subject to certain terms and conditions imposed by us. We reserve the right to allocate premium to the Specially Designated Division during any Right to Examine contract period. After such time, allocation will be made proportionately in accordance with the initial allocation(s) as elected by you. ON EACH VALUATION DATE At the end of each subsequent Valuation Period, the amount of Accumulation Value in each Division will be calculated as follows:

  • Present Value Present Value shall be based only on the interest and mortality rates specified in the Adoption Agreement.

  • Net Asset Value The net asset value of each outstanding Share of the Trust shall be determined at such time or times on such days as the Trustees may determine, in accordance with the 1940 Act. The method of determination of net asset value shall be determined by the Trustees and shall be as set forth in the Prospectus or as may otherwise be determined by the Trustees. The power and duty to make the net asset value calculations may be delegated by the Trustees and shall be as generally set forth in the Prospectus or as may otherwise be determined by the Trustees.

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Gross Asset Value The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows: