Common use of NSCC Clause in Contracts

NSCC. The parties agree that they will ordinarily use the Fund/SERV system when the Company has the operational capacity to do so. When using Fund/SERV, the following provisions apply:

Appears in 8 contracts

Sources: Participation Agreement (Securian Life Variable Universal Life Account), Participation Agreement (Nyliac Variable Annuity Separate Account Iv), Participation Agreement (Separate Account a of Pacific Life & Annuity Co)

NSCC. The parties agree that they will ordinarily may use the Fund/SERV system when the Company has the operational capacity to do so. When using Fund/SERV, the following provisions apply:

Appears in 1 contract

Sources: Participation Agreement (Mutual of America Separate Account No 2)