Common use of Number of Accumulation Units Clause in Contracts

Number of Accumulation Units. The number of accumulation units for this contract in any subaccount may increase or decrease at the end of each Valuation Period. The number of accumulation units increases when, during the period: Premiums are allocated to the subaccount; or Accumulated value is transferred to the subaccount from other subaccounts, from Fixed Period Allocations or from the Fixed Account; or Upon an Annuitant Exchange (see section 7.6), any excess of Death Proceeds over Accumulated Value is allocated to the subaccount. The number of accumulation units decreases when, during the Valuation Period: Accumulated value is transferred from the subaccount to other subaccounts, to Fixed Period Allocations or to the Fixed Account; or Partial Surrenders are applied against the subaccount; or Transfer charges are applied against the subaccount. The increase or decrease in the number of accumulation units for this contract in any subaccount is equal to: The dollar amount allocated or transferred to or from that subaccount; Divided by The accumulation unit value for that subaccount at the end of the Valuation Period during which the amounts are allocated or transferred.

Number of Accumulation Units. The number of accumulation units for this contract in any subaccount may increase or decrease at the end of each Valuation Period. The number of accumulation units increases when, during the period: Valuation Period: 1) Premiums are allocated to the subaccount; or or 2) Accumulated value is transferred to the subaccount from other subaccounts, from Fixed Period Allocations subaccounts or from the Fixed Account; or or 3) Upon an Annuitant Exchange Spousal Continuation (see section 7.6Section 9.5), any excess of Death Proceeds over the Accumulated Value is allocated to the subaccount. The number of accumulation units decreases when, during the Valuation Period: : 1) Accumulated value is transferred from the subaccount to other subaccounts, to Fixed Period Allocations subaccounts or to the Fixed Account; or Partial or 2) Surrenders are applied against the subaccount; or Transfer or 3) Any charges (see page 3A) are applied against the subaccount. The increase or decrease in the number of accumulation units for this contract in any subaccount is equal to: : 1) The dollar amount allocated or transferred to or from that subaccount; Divided by by 2) The accumulation unit value for that subaccount at the end of the Valuation Period during which the amounts are allocated or transferred.