Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

Sub-Account shall have the meaning provided in Section 2.11(c).

Sub-Account means each portion of an Account designated as such pursuant to this Indenture or the related Indenture Supplement.

Examples of Sub-Account in a sentence

Underlying Investments - The investment(s) corresponding to a Sub-Account of the Variable Account.
Maximum Premium Tax Charge 5%4 Maximum Short-Term Trading Fee (as a percentage of transaction amount) 2% We assess a charge against each Sub-Account of the Variable Account.
If an Exchange is being made to another Sub-Account, the incoming dollar value attributable to the requested transaction is divided by the Unit Value as of the Business Day the Exchange is requested.
The number of Units in a Sub-Account is increased by allocations of Participant Contributions and incoming Exchanges and Transfers.
If the Participant Account includes money allocated to Investment Options, the value of each such Sub-Account is determined by multiplying its Unit Value by the number of Units.

More Definitions of Sub-Account

Sub-Account. Variable Account assets are divided into Sub-Accounts. Assets of each Sub-Account will be invested in shares of an Eligible Investment or Fund. In this Contract, "Fund" may also refer to the Sub-Accounts from which the Fund investment is made.

Sub-Account has the meaning specified in the Indenture.

Sub-Account. A division of the Variable Separate Account(s) shown in the Annuity Schedule.

Sub-Account. Separate Account assets are divided into Sub-Accounts which are listed on the Contract Schedule. Assets of each Sub-Account will be invested in shares of an Eligible Fund or a Portfolio of an Eligible Fund.

Sub-Account means a separate portion of the Account.

Sub-Account means any one or more of the following accounts comprised in the Integrated Account:-