Values. Value of the Variable Account The value of a Sub-Account on a Valuation Date is determined by multiplying the Accumulation Units in that Sub-Account by the Accumulation Unit Value as of the Valuation Date. Accumulation Units are purchased when an amount is allocated to a Sub-Account. The number of Accumulation Units purchased equals that amount divided by the applicable Accumulation Unit Value as of the Valuation Date.
Appears in 3 contracts
Samples: Annuity Contract (Allmerica Fin Life Ins & Ann Co Allmerica Sel Acct), Annuity Contract (Allmerica Select Sep Acct of 1st Allmerica Fin Life Ins Co), Annuity Contract (Allmerica Fin Life Ins & Ann Co Allmerica Sel Acct)
Values. Value of the Variable Account The value of a Sub-Account on a Valuation Date is Account determined by multiplying the Accumulation Units in that Sub-Account by the Accumulation Unit Value as of the Valuation Date. FORM A3028-99 11 Accumulation Units are purchased when an amount is allocated to a Sub-Account. The number of Accumulation Units purchased equals that amount divided by the applicable Accumulation Unit Value as of the Valuation Date.
Appears in 2 contracts
Samples: Annuity Contract (Allmerica Select Sep Acct of 1st Allmerica Fin Life Ins Co), Annuity Contract (Separate Account Va-K of Allmerican Fn Lf Ins & an Co)