Timely Payments. 4. Insurer shall pay for any net purchase order by wiring Federal Funds to Fund or its designated custodial account by 4:00pm New York time on the same Business Day it transmits the order to Fund pursuant to paragraph 3 above.
Appears in 4 contracts
Samples: Fund Participation Agreement (Lazard Retirement Series Inc), Participation Agreement (Allstate Financial Advisors Separate Account I), Participation Agreement (Allstate Life of N Y Var Life Sep Acct A)
Timely Payments. 4. Insurer shall pay for any net purchase order by wiring Federal Funds to Fund or its designated custodial account by 4:00pm 12:00 noon New York time on the same Business Day it transmits the order to Fund pursuant to paragraph 3 above.
Appears in 2 contracts
Samples: Fund Participation Agreement (Lazard Retirement Series Inc), Fund Participation Agreement (Lincoln Benefit Life Variable Annuity Account)
Timely Payments. 4. Insurer shall initiate the wire to pay for any net purchase order by wiring in Federal Funds to Fund or its designated custodial account by 4:00pm 12:00 noon New York time on the same Business Day it transmits the order to Fund pursuant to paragraph 3 above.
Appears in 2 contracts
Samples: Fund Participation Agreement (Lazard Retirement Series Inc), Fund Participation Agreement (American Enterprise Variable Life Account)
Timely Payments. 4. Insurer shall initiate the wire to pay for any net purchase order by wiring in Federal Funds to Fund or to its designated custodial account by 4:00pm 12:00 noon New York time on the same Business Day it its transmits the order to Fund pursuant to paragraph 3 above.
Appears in 1 contract
Samples: Fund Participation Agreement (Ids Life Variable Account 10)
