VALUE OF EACH ACCUMULATION UNIT. For each subaccount, the value of an Accumulation Unit was arbitrarily set at $10 when the subaccount was established. The value may increase or decrease from one valuation period to the next. For any valuation period the value is: The value of an Accumulation Unit for the last prior valuation period Multiplied by The Net Investment Factor for that subaccount for the current valuation period.
Appears in 6 contracts
Samples: Merrill Lynch Life Variable Annuity Separate Account C, Ml of New York Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account A
VALUE OF EACH ACCUMULATION UNIT. For each subaccountSubaccount of the Separate Account, the value of an Accumulation Unit was is arbitrarily set at $10 when the subaccount was Subaccount is established. The value may increase or decrease from one valuation period Valuation Period to the next. For any valuation period Valuation Period the value is: The value of an Accumulation Unit for the last prior valuation period Multiplied is (a) multiplied by The Net Investment Factor for that subaccount for the current valuation period.(b), where:
Appears in 1 contract
VALUE OF EACH ACCUMULATION UNIT. For each subaccountsubaccount of the Separate Account, the value of an Accumulation Unit was arbitrarily set at $10 when the subaccount was is established. The value may increase or decrease from one valuation period Valuation Period to the next. For any valuation period Valuation Period the value is: The value of an Accumulation Unit for the last prior valuation period Multiplied Valuation Period multiplied by The the Net Investment Factor for that subaccount for the current valuation periodValuation Period.
Appears in 1 contract
Samples: Pia Variable Annuity Account I
VALUE OF EACH ACCUMULATION UNIT. For each subaccountsubaccount of the Variable Accounts, the value of an Accumulation Unit was arbitrarily set at $10 when the subaccount was established. The value may increase or decrease from one valuation period to the next. For any valuation period the value is: - The value of an Accumulation Unit for the last prior valuation period Multiplied by - The Net Investment Factor for that subaccount for the current valuation period.
Appears in 1 contract
