Common use of Unit Value Clause in Contracts

Unit Value. The dollar value of an interest in a Separate Account or Subaccount. The Unit Value of each Separate Account or Subaccount will be determined each Business Day, and will measure changes in the value of the Separate Account's or Subaccounts assets minus its outstanding liabilities, fees and expenses. The Unit Value is determined before giving effect to additions to and withdrawals or transfers from a Separate Account or Subaccount for that day.

Appears in 2 contracts

Samples: Prudential Discovery Select Group Variable Contract Acct, Prudential Discovery Select Group Variable Contract Acct

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Unit Value. The dollar value of an interest in a Separate Account or Subaccount. The Unit Value of each Separate Account or Subaccount will be determined each Business Day, and will measure changes in the value of the Separate Account's ’s or Subaccounts Subaccount’s assets minus its outstanding liabilities, fees and expenses. The Unit Value is determined before giving effect to additions to and withdrawals or transfers from a Separate Account or Subaccount for that day.

Appears in 2 contracts

Samples: Prudential Discovery Premier Group Variable Contract Account, Prudential Discovery Premier Group Variable Contract Account

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Unit Value. The dollar value of an interest in a Separate Account or Subaccount. The Unit Value of each Separate Account or Subaccount will be determined each Business Day, and will measure changes in the value of the Separate Account's or Subaccounts Subaccount's assets minus its outstanding liabilities, fees and expenses. The Unit Value is determined before giving effect to additions to and withdrawals or transfers from a Separate Account or Subaccount for that day.

Appears in 1 contract

Samples: Prudential Discovery Select Group Variable Contract Acct

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