Common use of VALUATION OF THE VARIABLE ACCOUNT ALLOCATIONS Clause in Contracts

VALUATION OF THE VARIABLE ACCOUNT ALLOCATIONS. The value of the portion of this Contract allocated to the Variable Account at any time prior to the Annuity Commencement Date is equal to the sum of the values allocated under this Contract to the Variable Sub-accounts. The value of the portion of this Contract allocated to a Variable Sub-account at any time prior to the Annuity Commencement Date is equal to the Accumulation Units credited under this Contract to a Variable Sub-account multiplied by the value of the Accumulation Unit for the respective Variable Sub-account. Accumulation Units for each Variable Sub-account are valued separately. The value of a Variable Sub-account Accumulation Unit may increase or decrease from Valuation Period to Valuation Period. Initially, the value of an Accumulation Unit was arbitrarily established at the inception of the Variable Sub-account. The Accumulation Unit value for a Variable Sub-account for any later Valuation Period is determined as follows:

Appears in 10 contracts

Samples: Joint and Survivor Annuities (Lincoln National Variable Annuity Account H), Lincoln Life & Annuity Variable Annuity Account H, Lincoln New York Account N for Variable Annuities

AutoNDA by SimpleDocs

VALUATION OF THE VARIABLE ACCOUNT ALLOCATIONS. The value of the portion of this Contract allocated to the Variable Account at any time prior to the Annuity Commencement Date is equal to the sum of the values allocated under this Contract to the Variable Sub-accountsSubaccounts. The value of the portion of this Contract allocated to a Variable Sub-account at any time prior to the Annuity Commencement Date is equal to the Accumulation Units credited under this Contract to a Variable Sub-account multiplied by the value of the Accumulation Unit for the respective Variable Sub-account. Accumulation Units for each Variable Sub-account are valued separately. The value of a Variable Sub-account Accumulation Unit may increase or decrease from Valuation Period to Valuation Period. Initially, the value of an Accumulation Unit was arbitrarily established at the inception of the Variable Sub-account. The Accumulation Unit value for a Variable Sub-account for any later Valuation Period is determined as follows:

Appears in 1 contract

Samples: Lincoln Life Variable Annuity Account N

AutoNDA by SimpleDocs

VALUATION OF THE VARIABLE ACCOUNT ALLOCATIONS. The value of the portion of this Contract allocated to the Variable Account at any time prior to the Annuity Commencement Date is equal to the sum of the values allocated under this Contract to the Variable Sub-accounts. The value of the portion of this Contract allocated to a Variable Sub-account at any time prior to the Annuity Commencement Date is equal to the Accumulation Units credited under this Contract to a Variable Sub-account multiplied by the value of the Accumulation Unit for the respective Variable Sub-account. Accumulation Units for each Variable Sub-account are valued separately. The value of a Variable Sub-account Accumulation Unit may increase or decrease from Valuation Period to Valuation Period. Initially, the value of an Accumulation Unit was arbitrarily established at the inception of the Variable Sub-account. The Accumulation Unit value for a Variable Sub-account for any later Valuation Period is determined as follows:;

Appears in 1 contract

Samples: Joint and Survivor Annuities (Lincoln Life Variable Annuity Account N)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!