Purchase and Redemption Orders. On each day that the Fund is open for business (a "Business Day"), the Company shall aggregate and calculate the net purchase or redemption order resulting from investment in and redemptions under the Contracts for shares of the Fund that it received prior to the close of trading on the New York Stock Exchange (the "NYSE") (i.e. 4:00 p.m., Eastern time, unless the NYSE closes at an earlier time in which case such earlier time shall apply) and communicate to Distributor, by telephone or facsimile (or by such other means as the Parties hereto may agree to in writing), the net aggregate purchase or redemption order (if any) for the Omnibus Account for such Business Day (such Business Day is sometimes referred to herein as the "Trade Date"). The Company will communicate such orders to Distributor prior to 9:00 a.m., Eastern Time, on the next Business Day following the Trade Date. All trades communicated to Distributor by the foregoing deadline shall be treated by Distributor as if they were received by Distributor prior to the close of trading on the Trade Date.
Purchase and Redemption Orders. On each Business Day, Company shall calculate the net purchase and redemption Orders accepted by Company for shares of a Portfolio that it received prior to the close of that day’s trading on the NYSE and shall communicate to W&R or Ivy Funds VIP the net purchase or redemption Order (if any) for each Variable Account for such Business Day (which is also the Trade Date). This communication shall be by facsimile or by such other means as the parties hereto may agree to in writing and shall be received by W&R or Ivy Funds VIP prior to 8:30 a.m. Central Time, on the next Business Day following the Trade Date. All trades communicated to W&R or Ivy Funds VIP by this deadline shall be treated as if they were received by W&R or Ivy Funds VIP prior to the close of trading on the Trade Date. Orders received after the close of that day’s trading on the NYSE shall be communicated by Company to W&R or Ivy Funds VIP prior to 8:30 a.m. Central Time, on the next Business Day following the Trade Date.
Purchase and Redemption Orders a. For each day on which any Participant or Plan Representative places with Service Provider an Order for Shares of a Fund, Service Provider shall aggregate all such Orders and communicate to MBSC via NSCC Fund /SERV, DCC&S and Networking standard processing procedures.
Purchase and Redemption Orders. Unified will process all purchase and redemption orders of a fund's shareholders in accordance with the fund's current prospectus. Confirmation statements are produced for each transaction and promptly mailed to shareholders. Daily transaction reports and share proofs are made available to all necessary parties via electronic medium.
Purchase and Redemption Orders. (a) All Purchase Orders and Redemption Orders shall be made in accordance with the terms of the Prospectus and this Agreement (including the Annexes to this Agreement). The Funds reserve the right to issue additional or other procedures relating to the manner of purchasing or redeeming Creation Units, and the Participant agrees to comply with such procedures as it may receive from time to time. It is contemplated that the phone lines used by the Vanguard ETF telephone representatives will be recorded, and the Participant hereby consents to the recording of all calls with these representatives. The Participant shall be responsible for any and all expenses and costs incurred by a Fund in connection with any Purchase or Redemption Orders.
Purchase and Redemption Orders. All Purchase Orders and Redemption Orders shall be made in accordance with the terms of the Fund Documents and the procedures set out in the AP Handbook. Each Party shall comply with the provisions of such documents to the extent applicable to it.
Purchase and Redemption Orders. For each day on which any Schwab customer places with Schwab a purchase or redemption order for shares of a Fund, Schwab shall aggregate all such purchase orders and aggregate all such redemption orders and communicate to the Fund an aggregate purchase order and an aggregate redemption order. Schwab will accept orders to purchase and redeem Fund shares from its customers no later than 4:00 p.m. Eastern Time (market close). Schwab will communicate the order to the Fund prior to a mutually agreed upon time.
Purchase and Redemption Orders. (a) Agent will open with Transfer Agent a minimum of two omnibus accounts per Fund: capital gains and dividend distributions payable with respect to Shares held in one account shall be paid in cash, and capital gains and dividend distributions payable with respect to Shares held in another account shall be paid in additional Shares of the Fund. Transfer Agent shall designate account numbers for each account.
Purchase and Redemption Orders. On each Business Day, Service Organization, through Distributors, shall aggregate and calculate the net purchase and redemption orders for each Plan from Participants or Plan Representatives for shares of a Fund that it received prior to 4:00 p.m., Eastern time (i.e., the close of trading), and communicate to Distributors, by telephone or facsimile (or by such other means as the parties hereto may agree to in writing), the net aggregate purchase or redemption order (if any) for each Account for such Business Day (such Business Day is sometimes referred to herein as the "Trade Date"). Service Organization, through Distributors, will communicate such orders to the Funds prior to 9:00 a.m., Eastern time, on the next Business Day following the Trade Date. All trades communicated to Distributors by the foregoing deadline shall be treated by Distributors as if they were received by Distributors prior to 4:00 p.m., Eastern time, on the Trade Date.
Purchase and Redemption Orders. Dealer shall purchase (with funds to be subsequently delivered as provided in Section 4) and redeem (which for purposes hereof includes exchange) shares of a Fund by written, including facsimile, or oral order ("Orders") for the account of Dealer's various customers, whether the records of the customers' holdings of Fund shares are maintained by the Trust's transfer agent or by Dealer on behalf of the customers. Dealer represents that it will have appropriate power to transmit Orders on behalf of its customers. Upon the Trust's request, to the extent necessary for the parties to comply with applicable securities laws and not inconsistent with Dealer's agreement with its customers, Dealer shall provide a list of all Trust shareholder accounts maintained by Dealer, showing each account name, address and share holding. Dealer shall provide the Trust with such other information as the Trust may reasonably request concerning the location (by state) of accounts to which shares are sold and the amounts thereof.
