Common use of Accepting and Transmitting Orders Clause in Contracts

Accepting and Transmitting Orders. As provided in Section 1, and in accordance with the procedures set forth below and in the DCC&S Operating/Contingency Procedures, the Intermediary will act as the limited agent of Vanguard to receive Instructions from Policy owners, and other authorized transaction directions from the Accounts, corresponding to purchase, redemption and exchange Orders by the Accounts of shares of the VVIF Portfolios. All such Orders shall be settled with the NSCC, except as otherwise provided in the DCC&S Operating/Contingency Procedures.

Accepting and Transmitting Orders. As provided in Section 1, and in accordance with the procedures set forth below and in the DCC&S Operating/Contingency Procedures, the Intermediary will act as the limited agent of Vanguard to receive Instructions from Policy owners, and other authorized transaction directions from by or on behalf of the Accounts, Plans corresponding to purchase, redemption and exchange Orders by the Plans or Accounts on behalf of the Plans of shares of the VVIF PortfoliosVanguard Funds. All such Orders shall be settled with the NSCC, except as otherwise provided in the DCC&S Operating/Contingency Procedures.

Accepting and Transmitting Orders. As provided in Section 1, and in accordance with the procedures set forth below and in the DCC&S Operating/Contingency Procedures, the Intermediary will act as the limited agent of Vanguard to receive Instructions from Policy owners, and other authorized transaction directions from the Accounts, corresponding to purchase, redemption and exchange Orders by the Accounts of Accounts, for shares of the VVIF Portfolios. All such Orders shall be settled with the NSCC, except as otherwise provided in the DCC&S Operating/Contingency Procedures.

Accepting and Transmitting Orders. As provided in Section 1, and in accordance with the procedures set forth below and in the DCC&S Operating/Contingency Procedures, the Intermediary will act as the limited agent of Vanguard to receive Instructions from Policy owners, and other authorized transaction directions from the Accounts, owners corresponding to purchase, redemption and exchange Orders by the Accounts of shares of the VVIF PortfoliosVanguard Funds. All such Orders shall be settled with the NSCC, except as otherwise provided in the DCC&S Operating/Contingency Procedures.