Common use of Interim Value Clause in Contracts

Interim Value. The Interim Value represents the daily value of the underlying hypothetical instruments of an Indexed Account. This value is used in calculating your Indexed Account Value on any Business Day during an Interest Term except the first and last Business Days of the Interest Term.

Interim Value. The Interim Value represents is the daily value of the underlying hypothetical instruments of an Indexed Account. This value is used in calculating your Indexed Account Value on any Business Day during an Interest Term except the first and last Business Days of the Interest Term.