ACCUMULATION PROVISIONS. An Owner may not allocate Contract Values to more than eighteen Contract Options at any one time. The Company may waive this restriction at its discretion.
ACCUMULATION PROVISIONS. Before the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value. If Your Contract Value falls below $2,500 as a result of taking partial Withdrawals, subject to applicable state and federal laws, rules and regulations, We may terminate Your Contract and send You the remaining dollar amount. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Contract is the sum of the Accumulation Unit Values held in the Variable Portfolios for You. NUMBER OF ACCUMULATION UNITS Your Contract is credited with Accumulation Units of the Separate Account when amounts are allocated to the Variable Portfolio(s). For that portion of each Purchase Payment and/or transfer amount allocated to a Variable Portfolio, the number of Accumulation Units credited is equal to: The sum of each Purchase Payment and/or transfer amount allocated to the Variable Portfolio reduced by premium taxes, if any: Divided by The Accumulation Unit Value for that Variable Portfolio for the NYSE business day in which the Purchase Payment or transfer amount is received. The number of Accumulation Units will be reduced for Withdrawals of Contract Value, annuitizations, amounts transferred out of a Variable Portfolio, the Contract Maintenance Fee, if applicable, and applicable charges for any elected features as set forth in Endorsements to this Contract. Any reduction to the Contract Value will be made as of the NYSE business day in which We receive all requirements for the transaction, as appropriate. ACCUMULATION UNIT VALUE (AUV) The AUV of a Variable Portfolio for any NYSE business day is calculated by subtracting (2) from (1) and dividing the result by (3) where:
ACCUMULATION PROVISIONS. Before the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value. If Your Contract Value falls below [$2,500] as a result of taking partial Withdrawals, subject to applicable state and federal laws, rules and regulations, We may terminate Your Contract and send You the remaining dollar amount.
ACCUMULATION PROVISIONS. Before the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value. If Your Contract Value falls below $2,500 as a result of taking partial Withdrawals, subject to applicable state and federal laws, rules and regulations, We may terminate Your Contract and send You the remaining dollar amount. FS-993-PPIII (12/10) 8 SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Contract is the sum of the Accumulation Unit Values held in the Variable Portfolios for You. The Company does not hold itself out to be a trustee of the Separate Account.
ACCUMULATION PROVISIONS. Prior to the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value, if any. If Your Contract Value falls below $2,500, subject to applicable state and federal laws, rules and regulations, we may terminate Your Contract and send you the remaining dollar amount. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Contract is the sum of the Accumulation Unit Values held in the Variable Portfolios for You. NUMBER OF ACCUMULATION UNITS Your Contract is credited with Accumulation Units of the Separate Account when amounts are allocated to the Variable Portfolio(s). For that portion of each Purchase Payment and/or transfer amount allocated to a Variable Portfolio, the number of Accumulation Units credited is equal: The sum of each Purchase Payment and/or transfer amount allocated to the Variable Portfolio reduced by premium taxes, if any: Divided by The Accumulation Unit Value for that Variable Portfolio for the NYSE business day in which the Purchase Payment or transfer amount is received. The number of Accumulation Units will be reduced for Withdrawals of Contract Value, annuitizations, amounts transferred out of a Variable Portfolio, the Contract Maintenance Fee and applicable charges for optional features as set forth in endorsements to this Contract. Any reduction to the Contract Value will be made as of the NYSE business day in which We receive all requirements for the transaction, as appropriate. ACCUMULATION UNIT VALUE (AUV) The AUV of a Variable Portfolio for any NYSE business day is calculated by subtracting (2) from (1) and dividing the result by (3) where:
ACCUMULATION PROVISIONS. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Certificate shall be the sum of the values of the Accumulation Units held in the Subaccounts for the Participant.
ACCUMULATION PROVISIONS. NET PURCHASE PAYMENT We may deduct from any purchase payment applicable premium taxes or we may defer deduction of the taxes until the Annuity Date, if permitted by state law. The remaining balance is the net purchase payment. ALLOCATION OF NET PURCHASE PAYMENTS The net purchase payments will be allocated among the Divisions of the Separate Accounts in the proportion shown in the application or as you may choose at a later date. You may date. You may elect an allocation to a Division in whole percents between zero percent and 100 percent totalling 100%. The minimum initial allocation to any Division must be at least $500. Such allocations may be changed at any time by Written Request submitted to us at our Annuity Service Office. Any allocation change will take effect with the first purchase payment received with or after our receipt of a Written Request for change and will continue in effect until subsequently changed. If any portion of purchase payments is received for allocation to a Division no longer offered by us, we will contact you to secure new allocations. If we are unable to contact you within 5 days of our receipt of your purchase payment we will return that portion to you. ACCUMULATION UNITS IN THE DIVISIONS We will establish an account in your name for each Division to which you allocate net purchase payments or transfer amounts. Net purchase payments and transfer amounts are allocated to Divisions and credited to your accounts in the form of Accumulation Units. The number of Accumulation Units that we will credit to each account is determined by dividing the portion of the net purchase payment or transfer amount for that account by the Accumulation Unit value for that Division at the end of the Valuation Period during which the net purchase payment or transfer request is received by us at our Annuity Service Office. The number of Accumulation Units credited in connection with the first net purchase payment is determined as of the end of the Valuation Period during which the Date of Issue falls. The number of Accumulation Units determined will not be affected by any subsequent changes in the values of the Accumulation Units. The Accumulation Unit value of the Divisions may increase or decrease from day to day based on investment results. The number of Accumulation Units in any account will be increased at the end of a Valuation Period by any net purchase payments allocated to the corresponding Division during that Valuation Period and by any ...
ACCUMULATION PROVISIONS. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Contract shall be the sum of the values of the Accumulation Units held in the Subaccounts for the Owner. NUMBER OF ACCUMULATION UNITS For each Subaccount, the number of Accumulation Units is the sum of each Purchase Payment and/or transfer amount allocated to the Subaccount: Divided by The Accumulation Unit value for that Subaccount for the NYSE business day on which the Purchase Payment or transfer amount is allocated. The number of Accumulation Units will be similarly adjusted for withdrawals, annuitizations, transfers and charges. Adjustments will be made as of the NYSE business day on which We receive all requirements for the transaction, as appropriate. ACCUMULATION UNIT VALUE (AUV) The AUV of a Subaccount for any NYSE business day is calculated by subtracting (2) from (1) and dividing the result by (3) where:
ACCUMULATION PROVISIONS. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Certificate shall be the sum of the values of the Accumulation Units held in the Variable Accounts for the Participant. NUMBER OF ACCUMULATION UNITS For each Variable Account, the number of Accumulation Units is the sum of: Each Purchase Payment and transfer allocated to the Variable Account, reduced by applicable premium taxes, if any: Divided by The Accumulation Unit Value for that Variable Account as of the Valuation Period in which the Purchase Payment or transfer amount is received. The number of Accumulation Units will be similarly adjusted for withdrawals, annuitizations, transfers, and charges. Adjustments will be made as of the end of the Valuation Period in which We receive all requirements for the transaction, as appropriate. ACCUMULATION UNIT VALUE (AUV) The AUV of a Variable Account for any Valuation Period is calculated by subtracting (2) from (1) and dividing the result by (3) where:
ACCUMULATION PROVISIONS. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Certificate shall be the sum of the values of the Accumulation Units held in the Variable Portfolios for the Participant. NUMBER OF ACCUMULATION UNITS Your Certificate is credited with Accumulation Units of the Separate Account when amounts are allocated to the Variable Portfolio(s). For that portion of each Purchase Payment and/or transfer amount allocated to a Variable Portfolio, the number of Accumulation Units credited is equal to the sum of each Purchase Payment and/or transfer amount allocated to that Variable Portfolio reduced by premium taxes, if any: Divided by The Accumulation Unit value for that Variable Portfolio for the NYSE business day in which the Purchase Payment or transfer amount is allocated. The number of Accumulation Units will be reduced for withdrawals of Certificate Value, annuitizations, amounts transferred out of a Variable Portfolio, and the Certificate Administration Charge. Reductions will be made as of the end of the NYSE business day in which We receive all requirements for the transaction, as appropriate. ACCUMULATION UNIT VALUE (AUV) The AUV of a Variable Portfolio for any NYSE business day is calculated by subtracting (2) from (1) and dividing the result by (3) where:
