Common use of Applicable Price Clause in Contracts

Applicable Price. (a) Share purchase and redemption orders that are the net result of Policy transactions and that Prudential receives prior to the close of regular trading on the New York Stock Exchange on a Business Day will be executed at the net asset values of the appropriate Funds next computed after receipt by AVIF or its designated agent of the orders. For purposes of this Section 2.3(a), Prudential shall be the designated agent of AVIF for receipt of orders relating to Policy transactions on each Business Day and receipt by such designated agent shall constitute receipt by AVIF; provided, that AVIF receives notice of such orders by 9:00 a.m. Central Time on the next following Business Day or such later time as computed in accordance with Section 2.1(b) hereof.

Appears in 3 contracts

Samples: Participation Agreement (Prudential Variable Contract Account Gi-2), Participation Agreement (Prudential Variable Contract Account Gi-2), Participation Agreement (Aim Variable Insurance Funds)

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Applicable Price. (a) Share purchase and redemption orders that are the net result of from Policy transactions and that Prudential LIFE COMPANY receives prior to the close of regular trading on the New York Stock Exchange on a Business Day will be executed at the net asset values of the appropriate Funds next computed after receipt by AVIF or its designated agent of the orders. For purposes of this Section 2.3(a), Prudential LIFE COMPANY shall be the designated agent of AVIF for receipt of orders relating to Policy transactions on each Business Day and receipt by such designated agent shall constitute receipt by AVIF; provided, that AVIF receives notice of such orders by 9:00 a.m. Central Time on the next following Business Day or such later time as computed in accordance with Section 2.1(b) hereof.

Appears in 3 contracts

Samples: Participation Agreement (Allstate Life of New York Variable Annuity Account Ii), Participation Agreement (Northbrook Variable Annuity Account Ii), Participation Agreement (Aim Variable Insurance Funds Inc)

Applicable Price. (a) Share purchase and redemption orders that are the net result of from Policy transactions and that Prudential ALNY receives prior to the close of regular trading on the New York Stock Exchange on a Business Day will be executed at the net asset values of the appropriate Funds next computed after receipt by AVIF or its designated agent of the orders. For purposes of this Section 2.3(a), Prudential ALNY shall be the designated agent of AVIF for receipt of orders relating to Policy transactions on each Business Day and receipt by such designated agent shall constitute receipt by AVIF; provided, that AVIF receives notice of such orders by 9:00 9 a.m. Central Time time on the next following Business Day or such later time as computed in accordance with Section 2.1(b) hereof.

Appears in 2 contracts

Samples: Participation Agreement (Allstate Life of N Y Var Life Sep Acct A), Participation Agreement (Allstate Life of New York Separate Account A)

Applicable Price. (a) Share purchase and redemption orders that are the net result of from Policy transactions and that Prudential receives prior to the close of regular trading on the New York Stock Exchange on a Business Day will be executed at the net asset values of the appropriate Funds next computed after receipt by AVIF or its designated agent of the orders. For purposes of this Section 2.3(a), Prudential the Underwriter shall be the designated agent of AVIF for receipt of orders relating to Policy transactions on each Business Day and receipt by such designated agent shall constitute receipt by AVIF; provided, that AVIF receives notice of such orders by 9:00 a.m. Central Time on the next following Business Day or such later time as computed in accordance with Section 2.1(b2.l(b) hereof.

Appears in 1 contract

Samples: Participation  agreement by and Among (Pruco Life of New Jersey Variable Appreciable Account)

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Applicable Price. (a) Share .Share purchase and redemption orders that are the net result of from Policy transactions and that Prudential XXXX receives prior to the close of regular trading on the New York Stock Exchange on a Business Day will be executed at the net asset values of the appropriate Funds next computed after receipt by AVIF or its designated agent of the orders. For purposes of this Section 2.3(a), Prudential XXXX shall be the designated agent of AVIF for receipt of orders relating to Policy transactions on each Business Day and receipt by such designated agent shall constitute receipt by AVIF; provided, that AVIF receives notice of such orders by 9:00 a.m. Central Time on the next following Business Day or such later time as computed in accordance with Section 2.1(b) hereof.

Appears in 1 contract

Samples: Participation Agreement (Allstate Financial Advisors Separate Account I)

Applicable Price. (a) Share purchase and redemption orders that are the net result of from Policy transactions and that Prudential ALNY receives prior to the close of regular trading on the New York Stock Exchange on a Business Day will be executed at the net asset values of the appropriate Funds next computed after receipt by AVIF or its designated agent of the orders. For purposes of this Section 2.3(a), Prudential ALNY shall be the designated agent of AVIF for receipt of orders relating to Policy transactions on each Business Day and receipt by such designated agent shall constitute receipt by AVIF; provided, that AVIF receives notice of such orders by 9:00 a.m. Central Time on the next following Business Day or such later time as computed in accordance with Section 2.1(b2.l(b) hereof.

Appears in 1 contract

Samples: Participation Agreement (Allstate Life of New York Variable Life Separate Account A)

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