Common use of Valuation Day Clause in Contracts

Valuation Day. Any day, except the day after Thanksgiving Day and the day before Christmas Day, that the New York Stock Exchange is open for trading or there is sufficient trading in a Fund portfolio's securities to affect the accumulation unit value of the corresponding subaccount of the Variable Account.

Appears in 2 contracts

Samples: Lbvip Variable Annuity Account I, L B Variable Annuity Account I

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Valuation Day. Any day, except the day after Thanksgiving Day and the day before Christmas Day, that the New York Stock Exchange is open for trading or there is sufficient trading in a Fund portfolio's securities to affect the accumulation unit value Unit Value of the corresponding subaccount of the Variable Account.

Appears in 2 contracts

Samples: Lbvip Variable Insurance Account, Lb Variable Insurance Account I

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