Processing Transactions. 2 2.1 Timely Pricing and Orders.................................... 2 2.2
Processing Transactions. 2.1 Timely Pricing and Orders. -------------------------
Processing Transactions. No investment transaction for the Custodial Account that is to be processed by the Custodian at the direction of the Participant or Program Sponsor will be processed until the Custodian receives the Instruction in proper form. Investment transactions will be processed either as soon as administratively practicable thereafter or, if later, on the scheduled date for processing. The Custodian may rely conclusively on all Instructions given by the Program Sponsor which the Custodian believes to be genuine. The Custodian’s records of a transaction will be conclusive as the content of any Instructions. Unless otherwise agreed, Instructions shall generally be taken from the Program Sponsor. The Custodian will have no responsibility to see that any Investment Directions comply with the terms of the Plan. However, if the Custodian receives any direction from the Program Sponsor that appears to the Custodian in its sole judgment to be incomplete or unclear, the Custodian will not be required to act on such directions and may hold uninvested any asset without liability until proper directions are received from the Program Sponsor. If Investment Directions are incomplete or unclear, the Custodian must notify the Program Sponsor within a reasonable period of time. In the absence of proper Investment Directions, the Custodian will not be liable for interest, market gains or losses on any cash balances maintained in the Custodial Account.
Processing Transactions. (a) Merchant shall obtain Authorizations and process Transactions using such equipment and software as may be approved from time to time by Bank, in its sole discretion (the “Equipment”). Merchant shall validate Cards and Cardholders in face-to-face transactions as required by Applicable Law.
Processing Transactions. (a) It is your responsibility to ensure that you and your employees use our Services in accordance with the Card Brand Rules and Regulations, the Data Security Standards, the Operating Manual and Procedures, and all applicable laws related to Cardholder Data. You acknowledge that it is your responsibility to obtain the most recent versions of and that you have reviewed the Card Brand Rules and Regulations, the Data Security Standards and the Operating Manual and Procedures and you acknowledge that you have reviewed them.
Processing Transactions. In calculating the number of shares to be issued on purchase or reinvestment, or redeemed or repurchased, or the amount of the purchase payment or redemption or repurchase proceeds owed, AAL shall use the net asset value per share computed by AAL in accordance with the investment advisory agreement between the Fund and AAL. The authority of AAL to process purchases, reinvestments, redemptions and repurchases shall be suspended upon receipt of notification by AAL of the suspension of the determination of the net asset value of the Portfolios of the Fund, until such suspension has been lifted.
Processing Transactions. 2.1 Timely Pricing and Orders. ------------------------- The Adviser or its designated agent will provide closing net asset value, dividend and capital gain information for each Portfolio to Insurer at the close of trading on each day (a "Business Day") on which (a) the New York Stock Exchange is open for regular trading, (b) the Fund calculates the Portfolio's net asset value and (c) Insurer is open for business. The Fund or its designated agent will use its best efforts to provide this information by 6:00 p.m., Eastern time. Insurer will use these data to calculate unit values, which in turn will be used to process transactions that receive that same Business Day's Separate Account Division's unit values. Such Separate Account processing will be done the same evening, and corresponding orders with respect to Fund shares will be placed the morning of the following Business Day. Insurer will use its best efforts to place such orders with the Fund by 10:00 a.m., Eastern time.
Processing Transactions. Transfers are not final at the time we receive your instructions, but we will begin to process them promptly. You should allow at least 1 business day for us to process transfers. Transactions using the Online Services are processed on our business days that the Federal Reserve Bank is operating and open for business, except that transactions conducted through the U.S. Postal Service (such as Online Xxxx Pay) do not occur if the Post Office is closed. Transaction requests initiated or received on a business day after 8:00 p.m. Hawaii Standard Time are processed on the next business day, after 8:30 a.m. Hawaii Standard Time. Processing of payment and transfer instructions may take longer through Online Services. The Credit Union is not responsible for such differences or delays, whether or not attributable to your use of the Online Services. Each third-party provider has their own processing time. Please refer to the following Agreements for estimated timeframes: - Xxxx Pay Service Agreement - Mobile Deposit Service Agreement - Person to Person Transfer Service Agreement
Processing Transactions. Appropriate measures and actions may be taken by us to meet our legal obligations to prevent fraud, money laundering or any terrorist activity and the provision to services to people who may be subject to sanctions. Therefore in some cases processing transactions may be delayed or stopped. In such case we will advise you where possible and also advise you of the reasons for the delay. Please take note that if we are not satisfied that any payment into or from your account is legitimate and lawful we can refuse to process it. If we suspect any unlawful activity or transaction or any misuse then related information may be passed onto other banks, police or other authorities within the U.K or where appropriate abroad.
Processing Transactions. The Parties agree to communicate, process and settle purchase and redemption transactions for Shares (collectively, "Share transactions") via the Fund/SERV and Networking systems of the National Securities Clearing Corporation (hereinafter, "NSCC"). LIFE COMPANY and AIM each represents and warrants that it: (a) has entered into an agreement with NSCC, (b) has met and will continue to meet all of the requirements to participate in Fund/SERV and Networking, and (c) intends to remain at all times in compliance with the then current rules and procedures of NSCC, all to the extent necessary or appropriate to facilitate such communications, processing, and settlement of Share transactions. AIM agrees to provide LIFE COMPANY with account positions and activity data relating to Share transactions via Networking . LIFE COMPANY shall pay for Shares by the scheduled close of federal funds transmissions on the same Business Day on which it places an order to purchase Shares in accordance with this section. AIM shall pay for Shares redeemed by the scheduled close of federal funds transmission on the same Business Day on which LIFE COMPANY places a redemption order in accordance with this section to the extent practicable, but in any event within five (5) calendar days after the date the order is placed. Payment shall be in federal funds transmitted by wire from the Settling Bank (on behalf of LIFE COMPANY or AIM, as applicable) to the NSCC.
