Separate Account Value Sample Clauses
Separate Account Value. The term “Separate Account Value,” as used in this Agreement, shall mean the Account Value associated with the related separate accounts of the Ceding Company for the Annuities.
Separate Account Value. On any Valuation Date, the Separate Account Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. The number of Accumulation Units initially allocated to each Subaccount is determined by dividing the portion of the Purchase Payment allocated to the Subaccount on the Contract Date by the Accumulation Unit Value on the Contract Date. ACCUMULATION UNIT VALUE The initial Accumulation Unit Value for each Subaccount was set at $10. The Accumulation Unit Value for any subsequent Valuation Date is equal to (1) multiplied by (2) where:
Separate Account Value. The Separate Account Value, if any, for any Valuation Period is equal to the sum of the then stated values of all Sub-Account(s) under this Policy. The stated value of each Sub-Account is equal to:
Separate Account Value. We place Purchase Payments you allocate to the Separate Account Investment Options into Subaccounts of the Funds. We use Accumulation Units to account for all amounts allocated to or withdrawn from each Subaccount as a result of Purchase Payments, Withdrawals, Transfers, or the deduction of Contract and rider fees and charges. Your Contract Value at any time will be the sum of the values in each Investment Option of the Separate Account. The value in each Separate Account Investment Option is equal to (a) multiplied by (b) where:
a) is the Accumulation Unit Value as of the end of the Valuation Period for which the value in the Separate Account Investment Option is determined;
b) is the number of Accumulation Units in the Separate Account Investment Option. We guarantee that adverse mortality and expense experience will not affect the amount You have in Our Separate Account. The Contract Value increases and decreases based on Purchase Payments, transfers, withdrawals, the deduction of Contract fees and charges, and the investment performance of the Separate Account Investment Options you select.
Separate Account Value. Separate Account Value for any Valuation Period is the total of the values in each Division credited to a Participant's account for such Valuation Period. The value for each Division will be equal to:
Separate Account Value. The Separate Account Value represents the sum of the Contract Owner’s interest in the Sub-Account(s) of the Separate Account. The Separate Account Value on the Contract Issue Date is equal to the Net Purchase Payment allocated to the Separate Account. On any day after the Contract Issue Date, the Separate Account Value is equal to:
Separate Account Value. If the Group Contractholder has selected a Separate Account attached hereto and made part of this Group Annuity Contract, information regarding the Separate Account Value is contained in the attached Separate Account.
Separate Account Value. (a) The Separate Account Contract value for any valuation period is equal to the sum of the value of each Division of the Separate Account in which this Contract is invested.
(b) The value of a Division of the Separate Account is determined by multiplying the Accumulation Unit value for that Division on that date by the number of Accumulation Units attributable to that Division.
(c) the current value of a variable Accumulation Unit applicable to a Division of the Separate Account is determined by multiplying the value of such unit for the immediately preceding valuation period by the applicable Net Investment Factor for the current valuation period for such Division. Net Investment Rate and Net Investment Factor -- The Net Investment Rate for any valuation period for a Division of the Separate Account is equal to the Gross Investment Rate for that Division of the Separate Account for the valuation period less the daily charge computed for the period at the rate of 1% annually and less charges for any applicable capital gains or other taxes. The Gross Investment Rate shall be computed on each day during which the New York Stock Exchange is open for trading, not less frequently than once daily as of the time of close of trading on such Exchange, and shall cover the valuation period since the next prior computation. The Gross Investment Rate is equal to (i) the investment income and capital gains and losses, both realized and unrealized, on the assets of that Division of the Separate Account during said period, divided by (ii) the amount of such assets at the beginning of said period. The Gross Investment Rate may be either positive or negative. The Net Investment Factor for a Division of the Separate Account is the sum of 1.000000 plus the Net Investment Rate for that Division.
