Common use of Unit Value Clause in Contracts

Unit Value. The value of a Subaccount Unit (“Subaccount Unit Value”). The Unit Value of any Subaccount is subject to change on any Business Day. The fluctuations in value reflect investment results and daily deductions for the mortality and expense risk charge and administrative fee. The Unit Value of a Subaccount Unit is determined each Business Day. Variable Account (“Variable Investment Option”) – A Subaccount of the Separate Account or any separate account of ours which is available under the Contract in which the assets of the Company are segregated from the assets in our General Account and from the assets in our other separate accounts. Variable Account Value (“Subaccount Value”) – The aggregate amount of the Contract Value allocated to the Variable Accounts.

Appears in 2 contracts

Samples: Read Your Contract Carefully (Separate Account a of Pacific Life Insurance Co), Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co)

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Unit Value. The value of a Subaccount Unit (“Subaccount Unit Value”). The Unit Value of any Subaccount is subject to change on any Business Day. The fluctuations in value reflect investment results and daily deductions for the mortality and expense risk charge and administrative feecharge. The Unit Value of a Subaccount Unit is determined each Business Day. Variable Account (“Variable Investment Option”) - A Subaccount of the Separate Account or any separate account of ours which is available under the Contract in which the assets of the Company are segregated from the assets in our General Account and from the assets in our other separate accounts. Variable Account Value (“Subaccount Value”) - The aggregate amount of the Contract Value allocated to the Variable Accounts. You and Your - The person or persons named as Owner(s) in the Contract Specifications. If there are Joint Owners, you and your mean both Joint Owners.

Appears in 1 contract

Samples: Separate Account a of Pacific Life & Annuity Co

Unit Value. The value of a Subaccount Unit (“Subaccount Unit Value”). The Unit Value of any Subaccount is subject to change on any Business Day. The fluctuations in value reflect investment results and daily deductions for the mortality and expense risk charge and administrative feecharge. The Unit Value of a Subaccount Unit is determined each Business Day. Variable Account (“Variable Investment Option”) A Subaccount of the Separate Account or any separate account of ours which is available under the Contract in which the assets of the Company are segregated from the assets in our General Account and from the assets in our other separate accounts. Variable Account Value (“Subaccount Value”) The aggregate amount of the Contract Value allocated to the Variable Accounts. You and Your — The person or persons named as Owner(s) in the Contract Specifications. If there are Joint Owners, you and your mean both Joint Owners.

Appears in 1 contract

Samples: Your Contract Carefully (Separate Account a of Pacific Life Insurance Co)

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Unit Value. The value of a Subaccount Unit (“Subaccount Unit Value”). The Unit Value of any Subaccount is subject to change on any Business Day. The fluctuations in value reflect investment results and daily deductions for the mortality and expense risk charge and administrative feecharge. The Unit Value of a Subaccount Unit is determined each Business Day. Variable Account (“Variable Investment Option”) – A Subaccount of the Separate Account or any separate account of ours which is available under the Contract in which the assets of the Company are segregated from the assets in our General Account and from the assets in our other separate accounts. Variable Account Value (“Subaccount Value”) – The aggregate amount of the Contract Value allocated to the Variable Accounts.

Appears in 1 contract

Samples: Separate Account a of Pacific Life Insurance Co

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