Common use of Manual or Automated Portfolio Share Transactions Clause in Contracts

Manual or Automated Portfolio Share Transactions. 3.2.1 Section 3.3 of this Agreement shall govern and Section 3.4 shall not be operative, unless we receive from you at the address provided in the next sentence, written notice that you wish to communicate, process and settle purchase and redemptions for shares (collectively, "share transactions") via the Fund/SERV and Networking systems of the National Securities Clearing Corporation ("NSCC"). The address for you to send such written notice shall be: Retirement Services, Franklin Texxxxxxx Investments, 910 Xxxx Xxxxx, 0xx Xxxxx, Xxx Xxxxx, Xxxxxxxxxx 00000-0000. After giving ten (10) days' advance written notice at the address provided in the previous sentence of your desire to use NSCC processing, Section 3.4 of this Agreement shall govern and Section 3.3 shall not be operative.

Appears in 1 contract

Samples: Participation Agreement (Allianz Life of Ny Variable Account C)

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Manual or Automated Portfolio Share Transactions. 3.2.1 Section 3.3 of this Agreement shall govern and Section 3.4 shall not be operative, unless we receive from you at the address provided in the next sentence, written notice that you wish to communicate, process and settle purchase and redemptions for shares (collectively, "share transactions") via the Fund/SERV and Networking systems of the National Securities Clearing Corporation ("NSCC"). The address for you to send such written notice shall be: Retirement Services, Franklin Texxxxxxx Xxxxxxxxx Investments, 910 000 Xxxx Xxxxx, 0xx 0" Xxxxx, Xxx Xxxxx, Xxxxxxxxxx 00000-0000. After giving ten (10) days' advance written notice at the address provided in the previous sentence of your desire to use NSCC processing, Section 3.4 of this Agreement shall govern and Section 3.3 shall not be operative.

Appears in 1 contract

Samples: Participation Agreement (Allianz Life Variable Account B)

Manual or Automated Portfolio Share Transactions. 3.2.1 Section 3.3 of this Agreement shall govern and Section 3.4 shall not be operative, unless we receive from you at the address provided in the next sentence, written notice that you wish to communicate, process and settle purchase and redemptions for shares (collectively, "share transactions") via the Fund/SERV and Networking systems of the National Securities Clearing Corporation ("NSCC"). The address for you to send such written notice shall be: Retirement Services, Franklin Texxxxxxx InvestmentsTempleton Investmenxx, 910 Xxxx Xxxxx000 Park Place, 0xx 1st Xxxxx, Xxx Xxxxx, Xxxxxxxxxx 00000-0000. After giving ten Xxxxx xxxxxx xxx (10) days' advance written notice at the address provided in the previous sentence of your desire to use NSCC processing, Section 3.4 of this Agreement shall govern and Section 3.3 shall not be operative.

Appears in 1 contract

Samples: Participation Agreement (Allianz Life of Ny Variable Account C)

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Manual or Automated Portfolio Share Transactions. 3.2.1 Section 3.3 of this Agreement shall govern and Section 3.4 shall not be operative, unless we receive from you at the address provided in the next sentence, written notice that you wish to communicate, process and settle purchase and redemptions for shares (collectively, "share transactions") via the Fund/SERV and Networking systems of the National Securities Clearing Corporation ("NSCC"). The address for you to send such written notice shall be: Retirement Services, Franklin Texxxxxxx Templeton Investments, 910 Xxxx XxxxxXxxxe, 0xx Xxxxx1st Floor, Xxx Xxxxx, Xxxxxxxxxx 00000-0000. After giving ten Xxxxx xxxxxx xxx (1000) daysxxxx' advance written notice at the address provided in the previous sentence of your desire to use NSCC processing, Section 3.4 of this Agreement shall govern and Section 3.3 shall not be operative.

Appears in 1 contract

Samples: Participation Agreement (Allianz Life Variable Account B)

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