Segment Value Sample Clauses
Segment Value. The Segment Value on the Segment Date is equal to the amount transferred to the Indexed Account at such time. At any later date, the Segment Value is equal to: • The Segment Value as of the prior day; • Plus the Segment Guaranteed Interest since the prior day; • Minus any Segment Deductions since the prior day; • Plus, at Segment Maturity only, any Segment Indexed Interest credited.
Segment Value. The Segment Value on the Segment Date is equal to the amount transferred to the Indexed Account at such time. At any later date, the Segment Value is equal to: • The Segment Value as of the prior day • Plus the Segment Guaranteed Interest since the prior day • Minus any Segment Deductions since the prior day • Plus, at Segment Maturity only, any Segment Indexed Interest credited Segment Guaranteed Interest – We credit interest on a daily basis to each Segment from the Segment Date to Segment Maturity, using a 365-day year, at an annual rate equal to the Segment Guaranteed Interest Rate shown in the Policy Specifications. The amount of such interest is called the Segment Guaranteed Interest.
Segment Value. The Segment Value for any Buffer Segment Option on the initial Segment Start Date is the amount of the Holding Account allocated to the Segment Option. {On any other date, the Segment Value for any Buffer Segment Option is equal to A - B + C + D - E - F, where: A is the Segment Value as of the previous day; B is the Segment Fee amount applied to this Segment Option on this date; C is the amount of Segment Credits that are credited to this Buffer Segment Option on this date; D is any amount transferred from Your Contract’s other Segment Options to this Buffer Segment Option on this date; E is any amount transferred from this Buffer Segment Option to Your Contract’s other Segment Options on this date; and F is any Withdrawals deducted from this Buffer Segment Option on this date.} {On any other date, the Segment Value for any Buffer Segment Option is equal to A + B + C - D - E, where: A is the Segment Value as of the previous day; B is the amount of Segment Credits that are credited to this Buffer Segment Option on this date; C is any amount transferred from Your Contract’s other Segment Options to this Buffer Segment Option on this date; D is any amount transferred from this Buffer Segment Option to Your Contract’s other Segment Options on this date; and E is any Withdrawals deducted from this Buffer Segment Option on this date.} Buffer I (05/19) Page2 Buffer I (05/19) Exhibit 4.1 Buffer Strategy ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and Life Company The Segment Value may be reduced by any premium taxes as provided for in the Premium Taxes section of Your Contract. Segment Credits, if any, will be calculated and added to a Buffer Segment Option only on a Segment End Date.
Segment Value. The Segment Value for any Fixed Segment Option on the initial Segment Start Date is the amount of the Holding Account allocated to the Segment Option. On any other date, the Segment Value for any Fixed Segment Option is equal to A + B + C – D – E, where: A is the Segment Value as of the previous day; B is the amount of Segment Credits that are credited to this Fixed Segment Option on this date; C is any amount transferred from Your Contract’s other Segment Options to this Fixed Segment Option on this date; and D is any amount transferred from this Fixed Segment Option to Your Contract’s other Segment Options on this date. E is any Withdrawals deducted on this date from this Fixed Segment Option; The Segment Value may be reduced by any premium taxes as provided for in the Premium Taxes section of Your Contract. Fixed I (05/19) Page1 Fixed I (05/19) Exhibit 4.1 Fixed Strategy Athene Annuity and Life Company Segment Credits are credited daily in a compounding fashion in accordance with the initial Annual Interest Rate or renewal Annual Interest Rate and based on a 365-day year. The initial Annual Interest Rate is guaranteed for the initial Segment Term Period. At the end of the initial Segment Term Period and any subsequent Segment Term Periods, We will declare a renewal Annual Interest Rate. The initial Annual Interest Rate and the renewal Annual Interest Rate are guaranteed not to be less than the Minimum Annual Interest Rate. The Minimum Annual Interest Rate is shown on the Segment Contract Schedule. ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Secretary Fixed I (05/19) Page2 Fixed I (05/19) Exhibit 4.1 Floor Strategy Athene Annuity and Life Company This endorsement is part of Your Contract and is subject to all terms, conditions, and provisions contained in Your Contract. Any capitalized terms not defined in this endorsement are defined in the Contract. To the extent there are any conflicts between the provisions of this endorsement and the provisions of Your Contract, the provisions of this endorsement will control. The effective date of this endorsement for new Contracts is the Contract Date and for existing Contracts is the date We issue this endorsement. Within the Floor Strategy Endorsement, there may be several Segment Options available, called “Floor Segment Options.” Each Floor Segment Option will have an Index, Segment Term Period, {Segment Fee,} Cap Rate, {Annual Spread,} Participation Rate, and Floor Rate. The available Floor Segment Options and their components are sh...
Segment Value. Segment Value Segment Credits