VALUATION OF ASSETS definition

VALUATION OF ASSETS. The assets of the Accounts are valued at their fair market value in accordance with procedures of the Company.

VALUATION OF ASSETS. The value of the shares held by the Subaccounts in the Variable Investment Options will be based on the net asset value of the Investment Option on each Business Day.

VALUATION OF ASSETS. Assets of the Variable Account are valued each business day at their fair market value in accordance with our procedures. Change in Operation of the Variable Account: We reserve the right to modify the structure or operation of the Variable Account. If we do so, we guarantee that such modification will not affect the value of your contract.

Examples of VALUATION OF ASSETS in a sentence

• VALUATION OF ASSETS -- Assets of the Separate Account are valued at their fair market value in accordance with our procedures.

• VALUATION OF ASSETS - Assets within each Subaccount will be valued at their net asset value on each Valuation Date.

• VALUATION OF ASSETS Fund shares in the variable subaccounts will be valued at their net asset value.

• VALUATION OF ASSETS The Net Asset Value of the Fund and of each Share class will be calculated by the Administrator as at each Valuation Point in accordance with the requirements of the Articles and full details are set out under the heading “Statutory and General Information” in the Prospectus.

• VALUATION OF ASSETS Valuation of the scheme’s assets and calculation of the scheme’s NAV will be subject to such rules or regulations that SEBI may prescribe from time to time and shall be subject to audit on an annual basis.

More Definitions of VALUATION OF ASSETS

VALUATION OF ASSETS. Assets of each Investment Option will be valued at its Net Asset Value on each Valuation Date.

VALUATION OF ASSETS. The assets of the Accounts are valued at their fair market value in accordance with procedures of the Company. ACCUMULATION UNITS: Accumulation Units shall be used to account for all amounts allocated to or withdrawn from the Sub-Accounts of the Variable Account as a result of Net Purchase Payments, withdrawals, transfers, or fees and charges. The Company will determine the number of Accumulation Units of a Sub-Account purchased or canceled. This will be done by dividing the amount allocated to (or the amount withdrawn from) the Sub-Account by the dollar value of one Accumulation Unit of the Sub-Account as of the end of the Valuation Period during which the request for the transaction is received at the Administrative Office.

VALUATION OF ASSETS. The assets of the Sub-accounts are valued at their fair market value in accordance with Company procedures.

VALUATION OF ASSETS. Assets of the Separate Account are valued at their fair market value in accordance with procedures of the Company.

VALUATION OF ASSETS. Assets of Eligible Investments within each Fund will be valued at their net asset value on each Valuation Date.

VALUATION OF ASSETS. Assets of Investment Options held within the Subaccounts will be valued at their net asset value on each Business Day.

VALUATION OF ASSETS. Assets of the Separate Account are valued at their fair market value in accordance with our procedures. ACCUMULATION UNIT - Accumulation Units shall be used to account for all amounts allocated to or surrendered from a Subaccount of the Separate Account as a result of purchase payments, surrenders, transfers, or fees and charges. We will determine the number of Accumulation Units of a Subaccount purchased or canceled. This is done by dividing the amount allocated to (or the amount withdrawn from) the Subaccount, by the dollar value of one Accumulation Unit of the Subaccount as of the Business Day during which the request for the transaction is received at the Annuity Service Office. NET INVESTMENT FACTOR - The Net Investment Factor for each Subaccount is determined by dividing A by B and multiplying by (1-C) where: A is (i) the net asset value per share of the Investment Option held by the Subaccount at the end of the current Business Day; plus