Common use of Unit Value Clause in Contracts

Unit Value. The Unit Value is used to determine the number of Accumulation Units that are credited to each Variable Account. At the end of each Valuation Day, the Unit Value for each Variable Account is equal to (Y) times (Z) where:

Appears in 2 contracts

Sources: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)

Unit Value. The Unit Value is used to determine the number of Accumulation Units that are credited to each Variable Account. At the end of each Valuation Day, the Unit Value for each Variable Account is equal to (Y) times (Z) where:: ICC19 P19VUL Page [13]

Appears in 1 contract

Sources: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)

Unit Value. The Unit Value is used to determine the number of Accumulation Units that are credited to each Variable Account. At the end of each Valuation Day, the Unit Value for each Variable Account is equal to (Y) times (Y × Z) where:

Appears in 1 contract

Sources: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)