Common use of Subaccount Unit Value Clause in Contracts

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)

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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)

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