Common use of VALUATION PERIOD Clause in Contracts

VALUATION PERIOD. This is the interval from one determination of the net asset value of a subaccount to the next. Net asset values are determined as of the close of business on each day the New York Stock Exchange is open.

Appears in 4 contracts

Samples: Ml of New York Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account A

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VALUATION PERIOD. This is the interval from one determination of the net asset value of a subaccount to the next. Net asset values are determined as of the close of business regular trading on each day the New York Stock Exchange is open.

Appears in 3 contracts

Samples: Merrill Lynch Life Variable Annuity Separate Account C, Ml of New York Variable Annuity Separate Account C, Merrill Lynch Life Variable Annuity Separate Account D

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VALUATION PERIOD. This is the interval from one determination of the net asset value of a subaccount to the next. Net asset values are determined as of the close of business trading on each day the New York Stock Exchange is open.

Appears in 2 contracts

Samples: Merrill Lynch Life Variable Annuity Separate Account A, Ml of New York Variable Annuity Separate Account A

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