Common use of Manual Transactions Clause in Contracts

Manual Transactions. In the event that there are technical problems with the NSCC Fund/SERV System or the parties are not able to transmit or receive information through Fund/SERV, the following provisions shall apply:

Appears in 21 contracts

Sources: Participation Agreement (Variable Annuity-2 Series Account), Participation Agreement (Variable Annuity-2 Series Account), Participation Agreement (Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny)

Manual Transactions. In the event that there are technical problems with the NSCC Fund/SERV System or the parties are not able to transmit or receive information through Fund/SERVSER, the following provisions shall apply:

Appears in 1 contract

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