Communication with the Funds. Serving as the designee of the Funds for receipt of purchase and redemption orders from the Account and transmit such orders, and payment therefore, to the Funds. Coordinating with the Funds' agents respecting daily valuation of the Funds' shares and the Accounts' units. Purchase Orders -- Determining net amount available for investment in the Funds. -- Depositing receipts at the Funds or the Funds' custodian (generally by wire transfer).
Appears in 2 contracts
Samples: Revenue Sharing Agreement (Allianz Life of Ny Variable Account C), Allianz Life Variable Account B
Communication with the Funds. Serving as the designee of the Funds for receipt of purchase and redemption orders from the Account and transmit such orders, and payment therefore, to the Funds. Coordinating with the Funds' ’ agents respecting daily valuation of the Funds' ’ shares and the Accounts' ’ units. Purchase Orders -- Determining net amount available for investment in the Funds. -- Depositing receipts at the Funds or the Funds' ’ custodian (generally by wire transfer).
Appears in 2 contracts
Samples: Revenue Sharing Agreement (Pacific Select Exec Separate Account of Pacific Life & Annui), Revenue Sharing Agreement (Pacific Select Exec Separate Account of Pacific Life & Annui)
