Market Timing and Late Trading. (a) Company acknowledges that Distributor has the right to refuse any purchase order for any reason, particularly if the Trust determines that a Fund would be unable to invest the money effectively in accordance with its investment policies or would otherwise be adversely affected due to the size of the transaction, frequency of trading by the account or other factors.
Appears in 4 contracts
Samples: Distribution and Shareholder Services Agreement (Jefferson National Life Annuity Account G), Distribution and Shareholder Services Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Distribution and Shareholder Services Agreement (Tiaa-Cref Life Separate Account Vli-1)