ACCUMULATION UNITS. For each Contribution, the number of Accumulation Units credited to the Owner for a Sub-Account will be determined by dividing the amount of the Contribution, by the accumulation unit value for that Sub-Account on the applicable Transaction Date.
Appears in 23 contracts
Sources: Annuity Contract (Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny), Annuity Contract (Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny), Annuity Contract (Variable Annuity-2 Series Account)
ACCUMULATION UNITS. For each Contribution, the number of Accumulation Units credited to for the Owner for to a Sub-Account will be determined by dividing the amount of the Contribution, less Premium Tax, if any, by the accumulation unit value for that Sub-Account on the applicable Transaction Date.
Appears in 3 contracts
Sources: Flexible Premium Variable Annuity Contract (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co), Individual Flexible Premium Variable Deferred Annuity (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co), Flexible Premium Variable Annuity (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co)