For purposes of Sections. 1.1 and 1.4, the Company shall be the designee of the Fund for receipt of purchase and redemption orders from the Account, and receipt by such designee shall constitute receipt by the Fund; provided that the Company receives the order by 4:00 p.m. Baltimore time and the Fund receives notice of such order by 9:30 a.m. Baltimore time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC.
Appears in 51 contracts
Samples: Participation Agreement (Variable Annuity Account A), Participation Agreement (Allstate Life of N Y Var Life Sep Acct A), Participation Agreement (Cuna Mutual Variable Life Insurance Account)
For purposes of Sections. 1.1 and 1.4, the each Company shall be the designee of the Fund for receipt of purchase and redemption orders from the its respective Account, and receipt by such designee shall constitute receipt by the Fund; provided that the respective Company receives the order by 4:00 p.m. Baltimore time and the Fund receives notice of such order by 9:30 a.m. Baltimore time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC.
Appears in 3 contracts
Samples: Participation Agreement (Ameritas Variable Separate Account V), Participation Agreement (Carillon Life Account), Ameritas Life Insurance Corp Separate Account LLVL
For purposes of Sections. 1.1 and 1.4, the Company shall be the designee of the Fund for receipt of purchase and redemption orders from the Account, and receipt by such designee shall constitute receipt by the Fund; provided that the Company receives the order by 4:00 p.m. Baltimore time and the Fund receives notice of such order by 9:30 a.m. Baltimore time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates calculate its net asset value pursuant to the rules of the SEC.
Appears in 1 contract
Samples: Participation Agreement (Il Annuity & Insurance Co Separate Account 1)
For purposes of Sections. 1.1 and 1.4, the The Company shall be the designee of the Fund for receipt of purchase and redemption orders from the Account, and receipt by such designee shall constitute receipt by the Fund; provided that the Company receives the order by 4:00 p.m. Baltimore time and the Fund receives notice of such order by 9:30 a.m. Baltimore time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC.
Appears in 1 contract
Samples: Participation Agreement (Va I Separate Account of Unum Life Ins Co of America)
