Common use of Value of that Subaccount Clause in Contracts

Value of that Subaccount. The Accumulation Unit Value of each Subaccount on a Valuation Date is determined at the end of that day. DETERMINATION OF THE CONTRACT VALUE Prior to the Maturity Date, the value of a Subaccount of the Separate Account for this contract is determined by multiplying the total number of Accumulation Units under this contract for that Subaccount by the current Accumulation Unit Value of that Subaccount. The Contract Value for amounts held under Variable Payment Annuity Option L is determined in the same manner. The value of the GIA equals the total value of the Adjusted Premiums. The total Contract Value under this contract equals the sum of the values of each of the Subaccounts and the Adjusted Premiums. THE VALUATION OF SUB-ACCOUNTS AND GUARANTEED INTEREST ACCOUNT The values and benefits of the GIA are not less than those required by the laws of the state where this contract is delivered. The values of the assets in each Subaccount will be calculated in accordance with applicable law and accepted procedures. All paid-up annuity, cash surrender, and death benefits under this Contract are not less than the minimum benefits required by any statute of the state where this contract is delivered. Any additional amounts We credit to the Contract will be treated as any other gain in the Contract and will increase the paid-up annuity, cash surrender and death benefits. Paid-up annuity and cash surrender benefits will be reduced by any withdrawal. The death benefit following a withdrawal will be reduced by the same proportion as the Account Value is reduced at the time of the withdrawal. We guarantee that expense and mortality results shall not adversely affect the dollar amount of variable benefits and other contractual payments and values.

Value of that Subaccount. The Accumulation Unit Value of each Subaccount on a Valuation Date is determined at the end of that day. DETERMINATION OF THE CONTRACT VALUE Prior to the Maturity Date, the value of a Subaccount of the Separate Account for this contract is determined by multiplying the total number of Accumulation Units under this contract for that Subaccount by the current Accumulation Unit Value of that Subaccount. The Contract Value for amounts held under Variable Payment Annuity Option L is determined in the same manner. The value of the GIA equals the total value of the Adjusted Premiums. The total Contract Value under this contract equals the sum of the values of each of the Subaccounts and the Adjusted Premiums. THE VALUATION OF SUB-ACCOUNTS AND GUARANTEED INTEREST ACCOUNT The values and benefits of the GIA are not less than those required by the laws of the state where this contract is delivered. The values of the assets in each Subaccount will be calculated in accordance with applicable law and accepted procedures. All paid-up annuity, cash surrender, and death benefits under this Contract contract are not less than the minimum benefits required by any statute of the state where this contract is delivered. Any additional amounts We credit to the Contract contract will be treated as any other gain in the Contract contract and will increase the paid-up annuity, cash surrender and death benefits. Paid-up annuity and cash surrender benefits will be reduced by any withdrawal. The death benefit following a withdrawal will be reduced by the same proportion as the Account Contract Value is reduced at the time of the withdrawal. We guarantee that expense and mortality results shall not adversely affect the dollar amount of variable benefits and other contractual payments and values.