Common use of Accuracy of Information, Transmissions Through, and Access to Fund/SERV Clause in Contracts

Accuracy of Information, Transmissions Through, and Access to Fund/SERV. Trade and, if applicable, broker/dealer information provided by the Insurance Company to the Trust or its designee through Fund/SERV and pursuant to this Amendment shall be accurate, complete and, in the format prescribed by the NSCC. All instructions by the Insurance Company for each Fund/SERV transaction shall be true and correct and will have been duly authorized. The Insurance Company shall adopt, implement and maintain procedures reasonably designed to ensure the accuracy of all transmissions through Fund/SERV and to limit the access to, and the inputting of data into, Fund/SERV to persons specifically authorized by the Insurance Company.

Appears in 2 contracts

Samples: Fund Participation Agreement (Principal Life Insurance Co Variable Life Sep Account), Fund Participation Agreement (Separate Account Va Bny)

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Accuracy of Information, Transmissions Through, and Access to Fund/SERV. Trade and, if applicable, broker/dealer information provided by the Insurance Company to the Trust or its designee through Fund/SERV and pursuant to this Amendment shall be accurate, complete and, in the format prescribed by the NSCC. All instructions by the Insurance Company for each Fund/SERV transaction shall be true and correct and will have been duly authorized. The Insurance Company shall adopt, implement and maintain procedures reasonably designed to ensure the accuracy of all transmissions through Fund/SERV and to limit the access to, and the inputting of data into, Fund/SERV to persons specifically authorized by the Insurance Company.

Appears in 1 contract

Samples: Fund Participation Agreement (Separate Account a of Pacific Life Insurance Co)

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Accuracy of Information, Transmissions Through, and Access to Fund/SERV. Trade and, if applicable, broker/dealer information provided by the Insurance Company to the Trust or its designee through Fund/SERV and pursuant to this Amendment Agreement shall be accurate, complete and, in the format prescribed by the NSCC. All instructions by the Insurance Company for each Fund/SERV transaction shall be true and correct and will have been duly authorized. The Insurance Company shall adopt, implement and maintain procedures reasonably designed to ensure the accuracy of all transmissions through Fund/SERV and to limit the access to, and the inputting of data into, Fund/SERV to persons specifically authorized by the Insurance Company.

Appears in 1 contract

Samples: Fund Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)

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