CONTRACT ACCOUNT VALUE definition

CONTRACT ACCOUNT VALUE. The total amount invested under the Contract. It is the sum of Variable Account Value and the Guaranteed Account Value.

Examples of CONTRACT ACCOUNT VALUE in a sentence

  • CONTRACT ACCOUNT VALUE VALUES Your Account Value on the Contract Date is equal to the Initial Payment less the Monthly Deduction for the first contract month.

Related to CONTRACT ACCOUNT VALUE

  • Account Value means the amount shown on Schedule A under the heading Account Value. The parties expressly acknowledge that the Account Value may be different than the liability that should be accrued by the Bank, under Generally Accepted Accounting Principles (“GAAP”), for the Bank’s obligation to the Executive under this Agreement. The Account Value on any date other than the end of a Plan Year shall be determined by adding the prorated increase attributable for the current Plan Year to the Account Value for the previous Plan Year.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;