Common use of Daily Valuation Clause in Contracts

Daily Valuation. If the daily valuation option is applicable to the entire Account or to particular subaccounts, then the Trustee shall account for the investments and investment transactions attributable to each Account or such subaccounts, as the case may be, separately. Earnings or losses on Plan Assets attributable to a particular Account or subaccount shall be allocated solely to that Account or subaccount. A Participant will be entitled to receive a statement of his Account value at least one time per Plan Year.

Daily Valuation. If the daily valuation option is applicable to the entire Account or to particular subaccounts, then the Trustee shall account for the investments and investment transactions attributable to each Account or such subaccountssubaccount, as the case may be, separately. Earnings or losses on Plan Assets attributable to a particular Account or subaccount shall be allocated solely to that Account or subaccount. A Participant will be entitled to receive a statement of his Account value at least one time per Plan Year.