Common use of Transfer Instructions Clause in Contracts

Transfer Instructions. For the purpose of expediting Transfers, Vanguard may, in certain cases, agree to process Transfers by accepting by facsimile transmission from the Intermediary a summary sheet of information indicating the applicable customers’ and/or Separate Accounts’ names, relevant account numbers, the VVIF Portfolios affected, and the number of shares to be reregistered or liquidated (each, a “Transfer Summary Sheet”).

Appears in 3 contracts

Sources: Participation Agreement (Mutual of America Separate Account No 2), Participation Agreement (Mutual of America Separate Account No 3), Participation Agreement (Mutual of America Separate Account No 2)