Common use of Value of an Annuity Unit Clause in Contracts

Value of an Annuity Unit. The value of an Annuity Unit for an Investment Account for any subsequent Valuation Period is determined by multiplying the Annuity Unit Value for the immediately preceding Valuation Period by the Net Investment Factor for the Valuation Period for which the Annuity Unit Value is being calculated, and multiplying the result by an interest factor to neutralize the AIR built into the Variable Payment Annuity table which you selected.

Appears in 4 contracts

Samples: Aul American Individual Variable Annuity Unit Trust, Aul American Individual Variable Annuity Unit Trust, Aul American Individual Variable Annuity Unit Trust

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