Fund Record Unit Value Sample Clauses

Fund Record Unit Value. Each Fund's Record Unit Value is computed by Separate Account: multiplying the Net Return Factor for the current Valuation Period by the Fund's Record Unit Value for the previous Period. The dollar value of a Fund's Record Unit, Separate Account assets, and Variable Annuity payments may go up or down due to investment gain or loss.
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Fund Record Unit Value. 21 3.06 Fund Net Return Factors: . . . . . . . . . . . . 21
Sample 1
Fund Record Unit Value. A Fund record unit value is computed by Separate Account: multiplying the net return factors for the current Valuation Period by the Fund record unit value for the previous Period. The dollar value of Fund record units, Separate Account assets, and Variable Annuity payments may go up or down due to investment gain or loss. 3.05 Market Value An MVA will apply to any withdrawal from Adjustment: the AG Account before the end of a Guaranteed Term when the withdrawal is due to:
Sample 1
Fund Record Unit Value. 9 3.06 Fund Net Return Factors ........................................................................................................................ 9 3.07 Fund Transfer(s) .................................................................................................................................... 10 3.08 Notice to the Participant ......................................................................................................................... 10 3.09 Withdrawal Restrictions .......................................................................................................................... 10 3.10 Maxxxx xnd Timing of Distributions ........................................................................................................ 11 3.11 Withdrawal .............................................................................................................................................. 11 3.12 Partial Withdrawal from the Fixed Plus Account .................................................................................... 12 3.13 Payment of Fixed Plus Account Full Withdrawal .................................................................................... 12 3.14 Payment of Minimum Current Value ...................................................................................................... 13 3.15 Amount Payable at Death (Before Annuity Payments Start) ................................................................. 13 3.16 Reinstatement ........................................................................................................................................ 13 IV. NON-ANNUITY DISTRIBUTION OPTIONS
Sample 1
Fund Record Unit Value. 13 3.05 Fund Net Return Factors ............................ 13 3.06
Sample 1
Fund Record Unit Value. 21 3.07 Fund Net Return Factors: . . . . . . . . . . . . . . . . . . . . 21 3.08 Market Value Adjustment (MVA): . . . . . . . . . . . . . . . . . 21 3.09 Transfer(s): . . . . . . . . . . . . . . . . . . . . . . . . . . 22 3.10 Notice to the Participant: . . . . . . . . . . . . . . . . . . . 23 3.11 Loans: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 3.12 Xxxxxx and Timing of Distributions: . . . . . . . . . . . . . . 25 3.13 Withdrawal: . . . . . . . . . . . . . . . . . . . . . . . . . . 26 3.14 Withdrawal Value: . . . . . . . . . . . . . . . . . . . . . . . 26 3.15 Withdrawal Restrictions: . . . . . . . . . . . . . . . . . . . . 26 3.16 Withdrawals from the GA Account: . . . . . . . . . . . . . . . . 27 3.17 Withdrawal Fee Applicable to Funds and GA Account: . . . . . . . 27 3.18 Payment of Fixed Plus Account Full Withdrawal: . . . . . . . . . 27 3.19 Reinstatement: . . . . . . . . . . . . . . . . . . . . . . . . . 28 3.20 Payment of Minimum Current Value: . . . . . . . . . . . . . . . 28 3.21 Amount Payable at Death (Before Annuity Payments Start): . . . . 28
Sample 1

Related to Fund Record Unit Value

  • Net Asset Value, Distributions, and Redemptions Section 1. Determination of Net Asset Value, Net Income, and Distributions. Subject to Article III, Section 6 hereof, the Trustees, in their absolute discretion, may prescribe and shall set forth in the By-laws or in a duly adopted resolution of the Trustees such bases and time for determining the per Share net asset value of the Shares of any Series and the declaration and payment of dividends and distributions on the Shares of any Series, as they may deem necessary or desirable.

  • Determination of Net Asset Value, Net Income and Distributions Subject to applicable federal law including the 1940 Act and Section 3.6 hereof, the Trustees, in their sole discretion, may prescribe (and delegate to any officer of the Trust or any other Person or Persons the right and obligation to prescribe) such bases and time (including any methodology or plan) for determining the per Share or net asset value of the Shares of the Trust or any Series or Class or net income attributable to the Shares of the Trust or any Series or Class, or the declaration and payment of dividends and distributions on the Shares of the Trust or any Series or Class and the method of determining the Shareholders to whom dividends and distributions are payable, as they may deem necessary or desirable. Without limiting the generality of the foregoing, but subject to applicable federal law including the 1940 Act, any dividend or distribution may be paid in cash and/or securities or other property, and the composition of any such distribution shall be determined by the Trustees (or by any officer of the Trust or any other Person or Persons to whom such authority has been delegated by the Trustees) and may be different among Shareholders including differences among Shareholders of the same Series or Class.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Profits and Losses Distributions Until the admission of additional Members, the Original Member shall be entitled to all allocations of LLC profits and losses and to allocations of distributions.

  • Capital Contributions Distributions 10 SECTION 5.1

  • Capital Contributions and Distributions The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes.

  • Percentage Interest Ownership of the Company shall be divided into, represented by, and each Member’s Percentage Interest shall be expressed in Units of the Company. The name, address, Units and Percentage Interest of each Member are set forth on Exhibit “A” attached hereto, which may be amended from time to time as necessary to reflect changes in the Percentage Interests and Units held by the Members.

  • Cash Distributions Whenever the Depositary receives confirmation from the Custodian of the receipt of any cash dividend or other cash distribution on any Deposited Securities, or receives proceeds from the sale of any Deposited Securities or any other entitlements held in respect of Deposited Securities under the terms hereof, the Depositary will (i) if at the time of receipt thereof any amounts received in a Foreign Currency can in the judgment of the Depositary (pursuant to Section 4.8) be converted on a practicable basis into Dollars transferable to the United States, promptly convert or cause to be converted such cash dividend, distribution or proceeds into Dollars (on the terms described in Section 4.8), (ii) if applicable, establish the ADS Record Date upon the terms described in Section 4.9, and (iii) distribute promptly the amount thus received (net of (a) the applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes withheld) to the Holders entitled thereto as of the ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date. The Depositary shall distribute only such amount, however, as can be distributed without attributing to any Holder a fraction of one cent, and any balance not so distributed shall be held by the Depositary (without liability for interest thereon) and shall be added to and become part of the next sum received by the Depositary for distribution to Holders of ADSs outstanding at the time of the next distribution. If the Company, the Custodian or the Depositary is required to withhold and does withhold from any cash dividend or other cash distribution in respect of any Deposited Securities an amount on account of taxes, duties or other governmental charges, the amount distributed to Holders on the ADSs representing such Deposited Securities shall be reduced accordingly. Such withheld amounts shall be forwarded by the Company, the Custodian or the Depositary to the relevant governmental authority. Evidence of payment thereof by the Company shall be forwarded by the Company to the Depositary upon request.

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

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