Common use of Splitting Units Clause in Contracts

Splitting Units. The Company reserves the right to split or combine the value of Variable Accumulation Units, Annuity Unit or any of them. In effecting any such change of unit values, strict equity will be preserved and no change will have a material effect on the benefits or other provisions of this Certificate.

Appears in 2 contracts

Samples: Combination Variable and Fixed Group Annuity Contract (Sun Life of Canada U S Variable Account F), Combination Variable and Fixed Group Annuity Contract (Sun Life of Canada U S Variable Account F)

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Splitting Units. The Company reserves the right to split or combine the value of Variable Accumulation Units, Annuity Unit Units or any of them. In effecting any such change of unit values, strict equity will be preserved and no change will have a material effect on the benefits or other provisions of this Certificate.

Appears in 2 contracts

Samples: Combination Variable and Fixed Group Annuity Contract (Sun Life of Canada U S Variable Account F), Combination Variable and Fixed Group Annuity Contract (Sun Life of Canada U S Variable Account F)

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