Account Value definition
Account Value means the amount shown on Schedule A under the heading Account Value. The parties expressly acknowledge that the Account Value may be different than the liability that should be accrued by the Bank, under Generally Accepted Accounting Principles (“GAAP”), for the Bank’s obligation to the Executive under this Agreement. The Account Value on any date other than the end of a Plan Year shall be determined by adding the prorated increase attributable for the current Plan Year to the Account Value for the previous Plan Year.
Account Value is the entire amount we hold under this Contract for you before the Income Date. It is equal to the sum of the Variable Account Value and the Fixed Account Value.
Account Value for any Participant Account on any given date means:
Examples of Account Value in a sentence
The mobile application provides access to all open positions, Orders placed, recent transaction history, Account Value and Available Cash.
Net sum at risk = 101% of (the total regular Premium paid less All partial withdrawals made from the Regular Premium Account) less Regular Premium Account Value "All partial withdrawals made from the Regular Premium Account" refers to all past partial withdrawal amounts paid to You from the Regular Premium Account including partial withdrawal charge imposed.
More Definitions of Account Value
Account Value. The value of: (1) amounts allocated to the Fixed Interest Options, including interest earnings to date; less (2) any deductions from the Fixed Interest Options (e.g., withdrawals and fees); and plus (3) the current dollar value of amounts allocated to the Subaccounts of Variable Annuity Account C, which includes investment performance and fees deducted from the Subaccounts.
Account Value is the sum of the policyholders' interests in the Cedent's separate accounts, as defined in the Policies, before reductions for surrender charges.
Account Value means the amount reflected on the books and records of the Company as the value of a Participant’s Deferred Compensation Account at any date of determination, as determined in accordance with this Plan.
Account Value for a Participant Account as of a date is:
(a) that account's balance of funds in the Fixed Interest Account (FIA), if any, on that date; plus
(b) the value of that account's Accumulation Units in each Investment Account on that date.
Account Value is the entire amount we hold under this Certificate for the Owner before the Income Date. It is equal to the sum of the Variable Account Value and the Fixed Account Value.
Account Value. The total value of all allocations to the Sub-accounts on any Valuation Day.
Account Value means the liability of the Insurer under the Policy i.e. the balance in the Account Value shall depict the accrual(s) to the Account. The Account shall be credited with Contribution/Premium net of charges as stipulated under this policy. The Minimum Floor Rate and non-negative Additional Interest Rate shall be applicable to the balance of the Account Value.