Common use of Communication with the Funds Clause in Contracts

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment therefore, to the Funds. • Coordinate with the Funds’ agents respecting daily valuation of the Funds’ shares and the Accounts’ units. • Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds’ custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. • Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. • Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s then current prospectus. • Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 23 contracts

Samples: Administrative Services Agreement (Thrivent Variable Annuity Account I), MEMBERS Horizon Variable Separate Account, Administrative Services Agreement (Pacific Select Exec Separate Account of Pacific Life & Annui)

AutoNDA by SimpleDocs

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment therefore, to the Funds. • Coordinate with the Funds’ agents respecting daily valuation of the Funds’ shares and the Accounts’ units. • Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds’ custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. • Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. • Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s then current prospectus. • Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 14 contracts

Samples: Administrative Services Agreement (Pacific Select Variable Ann Sep Acct of Pacific Life Ins Co), Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co), Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co)

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment therefore, to the Funds. · Coordinate with the Funds’ agents respecting daily valuation of the Funds’ shares and the Accounts’ units. · Purchase Orders - · Determine net amount available for investment in the Funds. - · Deposit receipts at the Funds’ custodians (generally by wire transfer). - · Notify the custodians of the estimated amount required to pay dividends or distributions. · Redemption Orders - · Determine net amount required for redemptions by the Funds. - · Notify the custodian and Funds of cash required to meet payments. · Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s then current prospectus. · Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 3 contracts

Samples: Administrative Services Agreement (National Variable Annuity Account Ii), Administrative Services Agreement (Separate Account I of National Integrity Life Ins Co), Administrative Services Agreement (Separate Account I of Integrity Life Insurance Co)

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment therefore, to the Funds. · Coordinate with the Funds' agents respecting daily valuation of the Funds' shares and the Accounts' units. · Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds' custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. · Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. · Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s 's then current prospectus. · Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s 's shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 3 contracts

Samples: Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co), Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co), Administrative Services Agreement (Separate Account a of Pacific Life Insurance Co)

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment thereforetherefor, to the Funds. • Coordinate with the Funds’ agents respecting daily valuation of the Funds’ shares and the Accounts’ units. • Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds’ custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. • Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. • Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s then current prospectus. • Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 2 contracts

Samples: Administrative Services Agreement (Principal Life Insurance Co Separate Account B), Administrative Services Agreement (Principal Life Insurance Co Variable Life Sep Account)

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment thereforetherefor, to the Funds. • Coordinate with the Funds’ agents respecting daily valuation of the Funds’ shares and the Accounts’ units. • Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds’ custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. • Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. • Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s then current prospectus. • Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 2 contracts

Samples: Administrative Services Agreement (C M Life Variable Life Separate Account I), Administrative Services Agreement (Annuity Investors Variable Account B)

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment thereforetherefor, to the Funds. • Coordinate with the Funds' agents respecting daily valuation of the Funds' shares and the Accounts' units. • Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds' custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. • Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. • Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s 's then current prospectus. • Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s 's shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 2 contracts

Samples: Administrative Services Agreement (Principal Life Insurance Co Separate Account B), Administrative Services Agreement (Principal Life Insurance Co Separate Account B)

AutoNDA by SimpleDocs

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment thereforetherefor, to the Funds. • Coordinate with the Funds' agents respecting daily valuation of the Funds' shares and the Accounts' units. • Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds' custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. • Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. • Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s 's then current prospectus. • Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s 's shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 2 contracts

Samples: Administrative Services Agreement (Principal Life Insurance Co Separate Account B), Administrative Services Agreement (Principal Life Insurance Co Separate Account B)

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment thereforetherefor, to the Funds. • Coordinate with the Funds’ agents respecting daily valuation of the Funds’ shares and the Accounts’ units. • Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds’ custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. • Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. • Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s then current prospectus. • Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 2 contracts

Samples: Administrative Services Agreement (Jefferson National Life Annuity Account G), Agreement (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment thereforetherefor, to the Funds. • Coordinate with the Funds’ agents respecting daily valuation of the Funds’ shares and the Accounts’ units. • Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds’ custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. • Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. • Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s then current prospectus. • Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds • Process ordinary dividends and capital gains. • Reinvest the Funds’ distributions.

Appears in 1 contract

Samples: Administrative Services Agreement (C M Life Variable Life Separate Account I)

Communication with the Funds. Serve as the designee of the Funds for receipt of purchase and redemption orders from the Account and to transmit such orders, and payment therefore, to the Funds. Coordinate with the Funds’ agents respecting daily valuation of the Funds’ shares and the Accounts’ units. Purchase Orders - Determine net amount available for investment in the Funds. - Deposit receipts at the Funds’ custodians (generally by wire transfer). - Notify the custodians of the estimated amount required to pay dividends or distributions. Redemption Orders - Determine net amount required for redemptions by the Funds. - Notify the custodian and Funds of cash required to meet payments. Purchase and redeem shares of the Funds on behalf of the Accounts at the then-current price in accordance with the terms of each Fund’s then current prospectus. Assistance in enforcing procedures adopted on behalf of the Trust to reduce, discourage, or eliminate market timing transactions in a Fund’s shares in order to reduce or eliminate adverse effects on a Fund or its shareholders. Processing Distributions from the Funds Process ordinary dividends and capital gains. Reinvest the Funds’ distributions.

Appears in 1 contract

Samples: Administrative Services Agreement (Thrivent Variable Annuity Account I)

Time is Money Join Law Insider Premium to draft better contracts faster.