Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company those shares of the Portfolios which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Portfolios. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 a.m. Eastern time on the next following Business Day. "
Appears in 14 contracts
Samples: Participation Agreement (Pruco Life of New Jersey Variable Appreciable Account), Fund Participation Agreement (Advanced Series Trust), Fund Participation Agreement (Pruco Life Variable Appreciable Account)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company those shares of the Portfolios which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Portfolios. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 a.m. Eastern time on the next following Business Day. "“
Appears in 12 contracts
Samples: Participation Agreement (Prudential Variable Contract Account Gi-2), Fund Participation Agreement (Priac Variable Contract Account A), Fund Participation Agreement (Priac Variable Contract Account A)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company those shares of the Portfolios Fund which the Account ordersCompany orders on behalf of the Account, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosFund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 9:30 a.m. Eastern time Standard Time on the next following Business Day. "
Appears in 11 contracts
Samples: Agreement (Allstate Life of New York Separate Account A), Agreement (Allstate Life of New York Separate Account A), Participation Agreement (Allstate Life of N Y Var Life Sep Acct A)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company those shares of the Portfolios Fund which the each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosFund. For purposes of this Section 1.1l.l, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 a.m. Eastern time on the next following Business Day. "
Appears in 10 contracts
Samples: Participation Agreement (Corporate Sponsored Vul Separate Account I), Participation Agreement (Separate Account Ny-B of First Golden Amer Life Ins Co of Ny), Participation Agreement (Equitable Life Insurance Co of Iowa Separate Account A)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company FirstGWL&A those shares of the Portfolios Designated Portfolio(s) which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Portfolios. For purposes of this Section 1.1, the Company FirstGWL&A shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 a.m. Eastern time on the next following Business Day. "
Appears in 8 contracts
Samples: Fund Participation Agreement (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co), Fund Participation Agreement (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co), Fund Participation Agreement (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company Allianz those shares of the Portfolios Designated Portfolio(s) which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Designated Portfolios. For purposes of this Section 1.1, the Company Allianz shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 9:00 a.m. Eastern time on the next following Business Day. "
Appears in 8 contracts
Samples: Fund Participation Agreement (Allianz Life Variable Account B), Fund Participation Agreement (Allianz Life Variable Account B), Fund Participation Agreement (Allianz Life Variable Account B)
Sale of Fund Shares. 1.1. The Fund agrees to sell make available to the Company those shares of the Portfolios each Portfolio which the each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Portfoliosthat Portfolio. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 9:30 a.m. Eastern time on the next following Business Day. "
Appears in 6 contracts
Samples: Participation Agreement (Ayco Series Trust), Participation Agreement (Ayco Series Trust), Participation Agreement (Ayco Series Trust)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company those shares of the Portfolios Fund which the each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosFund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 a.m. Eastern time on the next following Business Day. "
Appears in 3 contracts
Samples: Participation Agreement (First Golden American Life Insurance Co of New York), Participation Agreement (First Citicorp Life Variable Annuity Separate Account), Participation Agreement (Separate Account Ny-B of First Golden Amer Life Ins Co of Ny)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company those shares of the Portfolios which the that each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt and acceptance by the Fund or its designee of the order for the shares of the PortfoliosPortfolio. For purposes of this Section 1.1, the Company shall will be the designee of the Fund for receipt of such orders from the Account and receipt by such designee shall will constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 a.m. Eastern time Time on the next following Business Daybusiness day ("T+l"). "
Appears in 3 contracts
Samples: Participation Agreement (Ge Investment Funds Inc), Participation Agreement (Life of Virginia Separate Account 4), Ge Capital Life Separate Account Ii
Sale of Fund Shares. 1.1. The Fund agrees to sell make available to the Company those shares of the Portfolios Fund which the each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosFund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 9:30 a.m. Eastern time on the next following Business Day. "
Appears in 3 contracts
Samples: Participation Agreement (Ayco Series Trust), Participation Agreement (Ayco Series Trust), Participation Agreement (Ayco Series Trust)
Sale of Fund Shares. 1.1. The Fund agrees to sell make available to the Company those shares of the Portfolios Fund which the each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosFund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 11:15 a.m. Eastern time on the next following Business Day. "“
Appears in 2 contracts
Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company those shares of the Portfolios Fund which the each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosFund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 9:00 a.m. Eastern time on the next following Business Day. "
Appears in 2 contracts
Samples: Participation Agreement (Sun Life of Canada U S Variable Account F), Participation Agreement (Sun Life of Canada U S Variable Account F)
Sale of Fund Shares. 1.1. The Fund agrees to sell make available to the Company those shares of the Portfolios Fund which the each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosFund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 10:15 a.m. Eastern time on the next following Business Day. "
Appears in 2 contracts
Samples: Participation Agreement (Agl Separate Account Vl R), Participation Agreement (Usl Separate Account Usl Vl-R)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company for its accounts those shares of the Portfolios which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Portfolios. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 9:30 a.m. Eastern time on the next following Business Day. "“
Appears in 2 contracts
Samples: Fund Participation Agreement (Lazard Retirement Series Inc), Fund Participation Agreement (Separate Account No. 70 of AXA Equitable Life Insurance Co)
Sale of Fund Shares. 1.1. The Fund agrees to sell make available to the Company those shares of the Portfolios Fund which the each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosFund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 9:00 a.m. Eastern time on the next following Business Day. "
Appears in 1 contract
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company for its accounts those shares of the Portfolios which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Portfolios. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 9:30 a.m. Eastern time on the next following Business Day. "
Appears in 1 contract
Samples: Fund Participation Agreement (Separate Acct No 49 of Axa Equitable Life Insurance Co)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company for the Accounts those shares of the Portfolios which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Portfolios. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 a.m. Eastern time on the next following Business Day. "
Appears in 1 contract
Samples: Fund Participation Agreement (Separate Acct No 49 of Axa Equitable Life Insurance Co)
Sale of Fund Shares. 1.1. The Fund agrees to sell make available to the Company those shares of the Portfolios Portfolio which the each Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosPortfolio. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from each Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 10:15 a.m. Eastern time on the next following Business Day. "
Appears in 1 contract
Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company for the Accounts those shares of the Portfolios which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the Portfolios. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 a.m. Eastern time on the next following Business Day. "“
Appears in 1 contract
Samples: Fund Participation Agreement (Separate Account No. 70 of AXA Equitable Life Insurance Co)
Sale of Fund Shares. 1.1. The Fund agrees to sell make available to the Company those shares of the Portfolios which Fund that the Account orders, executing such orders on each Business Day a daily basis at the net asset value next computed after receipt by the Fund or its designee of the order for the shares of the PortfoliosFund. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders from the Account and receipt by such designee shall constitute receipt by the Fund, ; provided that the Fund receives notice of any such order by 10:00 11:15 a.m. Eastern time on the next following Business Day. "
Appears in 1 contract
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company for its accounts those shares of the Portfolios which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its Fund's designee of the order for the shares of the Portfolios. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 9:00 a.m. Eastern time on the next following Business Day. "
Appears in 1 contract
Samples: Fund Participation Agreement (Separate Acct No 49 of Axa Equitable Life Insurance Co)
Sale of Fund Shares. 1.1. The Fund agrees to sell to the Company for its accounts those shares of the Portfolios which the Account orders, executing such orders on each Business Day at the net asset value next computed after receipt by the Fund or its Fund’s designee of the order for the shares of the Portfolios. For purposes of this Section 1.1, the Company shall be the designee of the Fund for receipt of such orders and receipt by such designee shall constitute receipt by the Fund, provided that the Fund receives notice of any such order by 10:00 9:00 a.m. Eastern time on the next following Business Day. "“
Appears in 1 contract
Samples: Fund Participation Agreement (Separate Account No. 70 of AXA Equitable Life Insurance Co)
