Common use of York Stock Exchange on a Business Clause in Contracts

York Stock Exchange on a Business. Day will be executed at the net asset values of the appropriate Funds next computed after receipt by AVIF or its designated agent of the orders. For purposes of this Section 2.3(a), LIFE COMPANY shall be the designated agent of AVIF for receipt of orders relating to Contract transactions on each Business Day and receipt by such designated agent shall constitute receipt by AVIF; provided that AVIF receives notice of such orders by 9:00 a.m. Central Time on the next following Business Day or such later time as computed in accordance with Section 2.1(b) hereof.

Appears in 4 contracts

Samples: Participation Agreement (Aim Variable Insurance Funds), Participation Agreement (Aim Variable Insurance Funds Inc), Participation Agreement (Aim Variable Insurance Funds Inc)

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