Common use of ACCUMULATION UNIT VALUE Clause in Contracts

ACCUMULATION UNIT VALUE. The Accumulation Unit Value for each Sub-Account was arbitrarily set initially at $10. Subsequent Accumulation Unit Values for each Sub-Account are determined by multiplying the Accumulation Unit Value for the immediately preceding Valuation Period by the Net Investment Factor for the Sub-Account for the current Valuation Period. The Net Investment Factor for each Sub-Account is determined by dividing A by B and subtracting C where:

Appears in 9 contracts

Sources: Annuity Contract (C M Multi Account A), Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4), Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4)

ACCUMULATION UNIT VALUE. The Accumulation Unit Value for each Sub-Account was arbitrarily set initially at $10. Subsequent Accumulation Unit Values for each Sub-Account are determined by multiplying the Accumulation Unit Value for the immediately preceding Valuation Period by the Net Investment Factor for the Sub-Account for the current Valuation Periodperiod. The Net Investment Factor for each Sub-Account is determined by dividing A by B and subtracting C where:

Appears in 2 contracts

Sources: Insurance Contract (Jefferson National Life of New York Annuity Account 1), Insurance Contract (Jefferson National Life Annuity Account G)