Common use of Purchase and Redemption of Trust Portfolio Shares Clause in Contracts

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 12 contracts

Samples: Participation Agreement (Allianz Variable Insurance Products Fund of Funds Trust), Participation Agreement (Allianz Variable Insurance Products Trust), Participation Agreement (Allianz Variable Insurance Products Trust)

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Purchase and Redemption of Trust Portfolio Shares. 1.1. 1.1 For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 9:30 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 4 contracts

Samples: Participation Agreement (Reliastar Life Ins Co of New York Var Life Sep Acct I), Participation Agreement (Great American Reserve Insurance Co), Participation Agreement (Great American Reserve Variable Annuity Account G)

Purchase and Redemption of Trust Portfolio Shares. 1.1. 1.1 For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each PortfolioPortfolio from each Account, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 10:00 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 4 contracts

Samples: Participation Agreement (Hartford Life Insurance Co Separate Account Seven), Participation Agreement (Phoenix Home Life Variable Universal Life Account /Ct/), Participation Agreement (Metropolitan Life Separate Account Ul)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I1, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each PortfolioPortfolio from each Account, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 3 contracts

Samples: Participation Agreement (Lincoln Life Variable Annuity Account N), Participation Agreement (Pruco Life Variable Universal Account), Participation Agreement (Lincoln Life Variable Annuity Account N)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each PortfolioPortfolio from each Account, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 10:00 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 2 contracts

Samples: Participation Agreement (Ag Separate Account A), Participation Agreement (A G Separate Account A)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, L the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 9:30 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 1 contract

Samples: Participation Agreement (National Variable Life Insurance Account)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, I the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 9:30 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 1 contract

Samples: Participation Agreement (National Variable Life Insurance Account)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, I the Company shall be the Trust's Trusts agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 10:30 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 1 contract

Samples: Participation Agreement (Separate Account One of Northern Life Insurance Co)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I1, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each PortfolioPortfolio from each Account, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 11:00 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 1 contract

Samples: Fund Participation Agreement (Sun Life of Canada U S Variable Account G)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 10:00 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 1 contract

Samples: Participation Agreement (Corporate Sponsored Vul Separate Account I)

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Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders Orders and requests for redemption by 9:00 9:30 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 1 contract

Samples: Participation Agreement (Variable Account a/Ma)

Purchase and Redemption of Trust Portfolio Shares. 1.1. 1.1 For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts Redemption relating to each PortfolioPortfolio from each Account, provided that the Company notifies the Trust of such purchase orders and requests for redemption Redemption by 9:00 11:00 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.

Appears in 1 contract

Samples: Participation Agreement (Farmers Annuity Separate Account A)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption ordinarily by 9:00 9:30 a.m. Eastern time ( but on occasion may notify the Trust by 10:00 a.m. Eastern time) on the next following Business Day, as defined in Section 1.3.

Appears in 1 contract

Samples: Participation Agreement (Columbus Life Separate Account 1)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 9:30 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.. The Trust shall confirm receipt of the daily purchase orders and requests for redemption by 11:00 a.m.

Appears in 1 contract

Samples: Participation Agreement (Sun Life of Canada U S Variable Account F)

Purchase and Redemption of Trust Portfolio Shares. 1.1. For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:00 9:30 a.m. Eastern time on the next following Business Day, as defined in Section 1.3. The Trust shall confirm receipt of the daily purchase orders and requests for redemption by 11:00 a.m. the same day it is received.

Appears in 1 contract

Samples: Participation Agreement (Sun Life of Canada U S Variable Account I)

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