Common use of SUBACCOUNTS Clause in Contracts

SUBACCOUNTS. The Subaccounts are separate investment accounts that together make up the Variable Account. The assets of each Subaccount are invested in a corresponding portfolio of a designated mutual fund. They are named in Section 1, Contract Data. Subaccount values will fluctuate in accordance with the investment experience of the applicable portfolio of the fund held within the Subaccount. The Subaccount value is equal to the number of Accumulation Units credited to the Subaccount times the appropriate Accumulation Unit value. The number of Accumulation Units to be purchased or redeemed in a transaction is found by dividing:

SUBACCOUNTS. The Subaccounts subaccounts are separate investment accounts that together make up the Variable Accountaccounts. They are named in Section 1, Contract Data. The assets of each Subaccount subaccount are invested in a corresponding portfolio of a designated mutual fund. They are named in Section 1, Contract Data. Subaccount values will fluctuate in accordance with the investment experience of the applicable portfolio of the fund held within the Subaccountsubaccount. The Subaccount subaccount value is equal to the number of Accumulation Units accumulation units credited to the Subaccount subaccount times the appropriate Accumulation Unit accumulation unit value. The number of Accumulation Units accumulation units to be purchased or redeemed in a transaction is found by dividing: