Subaccount Unit Value. The initial Unit Value of each Subaccount was $10 on the Business Day the Subaccount began operations. At the end of each subsequent Business Day, the Unit Value for each Subaccount is equal to (Y) times (Z), where:
Appears in 54 contracts
Samples: Insurance Contract (Separate Account a of Pacific Life Insurance Co), Contract (Separate Account a of Pacific Life & Annuity Co), Annuity Contract (Separate Account a of Pacific Life & Annuity Co)
Subaccount Unit Value. The initial Unit Value of each Subaccount was $10 on the Business Day the Subaccount began operations. At the end of each subsequent Business Day, the Unit Value for each Subaccount is equal to (Y) times (Z), ) where:
Appears in 3 contracts
Samples: Insurance Contract (Separate Account a of Pacific Life & Annuity Co), Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Insurance Contract (Separate Account a of Pacific Life Insurance Co)