Common use of Valuation Day Clause in Contracts

Valuation Day. The day when a sub-account is valued. This occurs every day We are open and the New York Stock Exchange is open for trading. Valuation Period. The time period between the close of business on successive Valuation Days. We, Our, Us, The Company. Liberty Life Assurance Company of Boston. You, Your, Owner. The Owner of this Certificate, who may be someone other than the Insured.

Appears in 4 contracts

Sources: Insurance Certificate (Llac Variable Account), Insurance Certificate (Llac Variable Account), Insurance Certificate (Llac Variable Account)

Valuation Day. The day when a sub-account is valued. This occurs every day We are open and the New York Stock Exchange is open for trading. Valuation Period. The time period between the close of business on successive Valuation Days. We, Our, Us, The Company. Liberty Life Assurance Company of Boston. You, Your, Owner. The Owner of this Certificate, who may be someone other than the Insured.

Appears in 2 contracts

Sources: Insurance Contract (Llac Variable Account), Insurance Contract (Llac Variable Account)

Valuation Day. The day when a sub-account is valued. This occurs every day We are open and the New York Stock Exchange is open for trading. Valuation PeriodVALUATION PERIOD. The time period between the close of business on successive Valuation Days. WeWE, OurOUR, UsUS, The CompanyTHE COMPANY. Liberty Life Assurance Company of Boston. YouYOU, YourYOUR, OwnerOWNER. The Owner of this Certificatecontract, who may be someone other than the Insured.

Appears in 1 contract

Sources: Last Survivor Death Benefit Agreement (Llac Variable Account)