Timely Payments. Prudential will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by Prudential by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable Prudential to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.
Appears in 8 contracts
Samples: Participation Agreement (Aim Variable Insurance Funds Inc), Participation Agreement (Aim Variable Insurance Funds Inc), Participation Agreement (Pruco Life of New Jersey Variable Appreciable Account)
Timely Payments. Prudential G-WL&A will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by Prudential G-WL&A by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable Prudential G-WL&A to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.
Appears in 6 contracts
Samples: Participation Agreement (Variable Annuity 1 Series Account), Participation Agreement (Coli Vul 2 Series Account), Participation Agreement (Variable Annuity 1 Series Account)
Timely Payments. Prudential Company will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by Prudential Company by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable Prudential Company to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.
Appears in 4 contracts
Samples: Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Riversource Variable Life Separate Account), Participation Agreement (Riversource of New York Account 8)
Timely Payments. Prudential Nationwide will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by Prudential Nationwide by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable Prudential Nationwide to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.
Appears in 3 contracts
Samples: Participation Agreement (Nationwide VL Separate Account-G), Agreement (Aim Variable Insurance Funds), Participation Agreement (Aim Variable Insurance Funds Inc)
Timely Payments. Prudential The Insurance Companies will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by Prudential the Insurance Companies by 1:00 p.m. Central Time on the same day as the Order order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable Prudential the Insurance Companies to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.
Appears in 3 contracts
Samples: Participation Agreement (Aim Variable Insurance Funds (Invesco Variable Insurance Funds)), Participation Agreement (Jefferson National Life Annuity Account G), Participation Agreement (Jefferson National Life of New York Annuity Account 1)
Timely Payments. Prudential will wire payment for net purchases to a custodial account designated by AVIF by 1:00 l :00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by Prudential by 1:00 l:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable Prudential to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.. PAPRU.AGR 082996 (4) gc
Appears in 1 contract
Samples: Participation Agreement by and Among (Pruco Life Variable Universal Account)
Timely Payments. Prudential XXXX will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by Prudential XXXX by 1:00 p.m. Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable Prudential XXXX to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.
Appears in 1 contract
Samples: Participation Agreement (Allstate Financial Advisors Separate Account I)
Timely Payments. Prudential will wire payment for net purchases to a custodial account designated by AVIF by 1:00 p.m. Central Time on the same day as the order for Shares is placed, to the extent practicable. AVIF will wire payment for net redemptions to an account designated by Prudential by 1:00 p.m. l:00 p.m Central Time on the same day as the Order is placed, to the extent practicable, but in any event within five (5) calendar days after the date the order is placed in order to enable Prudential to pay redemption proceeds within the time specified in Section 22(e) of the 1940 Act or such shorter period of time as may be required by law.. PA·PRUNJ.AGR 021297 (1) gc . '
Appears in 1 contract
Samples: Participation agreement by and Among (Pruco Life of New Jersey Variable Appreciable Account)
