Manual Trades. In the event that the NSCC should become unavailable for any reason for submission of Fund trades ordinarily submitted through the NSCC, the Parties agree to that Company will communicate the purchases and redemptions of units of Funds through a trade file in a mutually agreed upon format, submitted via email by 8:00 AM, Eastern Time, on Day 2. For Separate Accounts that do not submit trades through NSCC, the Parties agree that Company will communicate the purchases and redemptions of units of Funds through a trade file in a mutually agreed upon format, submitted via SFTP by 9:00 AM, Eastern Time, on Day 2.
Appears in 12 contracts
Samples: Fund Participation Agreement (Protective NY COLI VUL), Fund Participation Agreement (Variable Annuity Account a of Protective Life), Fund Participation Agreement (Variable Annuity Account a of Protective Life)
