Common use of Variable Accumulation Unit Value Clause in Contracts

Variable Accumulation Unit Value. The Company determines the Variable Accumulation Unit value for each Sub-Account for any Valuation Period by methodology that is the mathematical equivalent of multiplying the Variable Accumulation Unit value for the particular Sub-Account for the immediately preceding Valuation Period by the Net Investment Factor for the particular Sub-Account for such subsequent Valuation Period. The Variable Accumulation Unit value for each Sub-Account for any Valuation Period is the value determined as of the end of the particular Valuation Period and may increase, decrease or remain constant from Valuation Period to Valuation Period in accordance with the Net Investment Factor described below.

Appears in 1 contract

Sources: Combination Variable and Fixed Group Annuity Contract (Sun Life of Canada U S Variable Account F)

Variable Accumulation Unit Value. The Company determines the Variable Accumulation Unit value for each Sub-Account for any Valuation Period by methodology that which is the mathematical equivalent of multiplying the Variable Accumulation Unit value for the particular Sub-Account for the immediately preceding Valuation Period by the Net Investment Factor for the particular Sub-Account for such subsequent Valuation Period. The Variable Accumulation Unit value for each Sub-Account for any Valuation Period is the value determined as of the end of the particular Valuation Period and may increase, decrease or remain constant from Valuation Period to Valuation Period in accordance with the Net Investment Factor described below.

Appears in 1 contract

Sources: Combination Variable and Fixed Group Annuity Contract (Sun Life of Canada U S Variable Account F)