Common use of Fixed Account Value Clause in Contracts

Fixed Account Value. On the Contract Date the Fixed Account Value for a Sub-Account is equal to the portion of the initial purchase payment allocated to the Sub-Account. On each subsequent Valuation Date, it is equal to (a) + (b) - (c) - (d) - (e), where:

Fixed Account Value. On the Contract Certificate Date the Fixed Account Value for a Sub-Account is equal to the portion of the initial purchase payment allocated to the Sub-Account. On each subsequent Valuation Date, it is equal to (a) + (b) - (c) - (d) - (e), where:

Fixed Account Value. On the Contract Date the Fixed Account Value for a Sub-Sub- Account is equal to the portion of the initial purchase payment allocated to the Sub-Account. On each subsequent Valuation Date, it is equal to (a) + (b) - (c) - c)- (d) - (e), where:

Fixed Account Value. On the Contract Date the Fixed Account Value for a Sub-Sub- Account is equal to the portion of the initial purchase payment allocated to the Sub-Account. On each subsequent Valuation Date, it is equal to (a) + (b) - (c) - (d) - (e), where: