Available Portfolios. The Fund will make Shares of each Portfolio listed on Schedule A available to LIFE COMPANY for purchase and redemption at net asset value next computed after the Fund's receipt of a purchase or redemption order and with no sales charges, in accordance with the Fund's then current prospectus and subject to the terms and conditions of this Agreement. The Board of Directors of the Fund may refuse to sell Shares of any Portfolio to any person, or suspend or terminate the offering of Shares of any Portfolio if such action is required by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Directors acting in good faith and in light of their fiduciary duties under federal and any applicable state laws, such action is deemed in the best interests of the shareholders of such Portfolio.
Available Portfolios. The Trust will make Shares of each Portfolio listed on Schedule A available to LIFE COMPANY for purchase and redemption at net asset value next computed after the Trust's receipt of a purchase or redemption order and with no sales charges, in accordance with the Trust's then current prospectus and subject to the terms and conditions of this Agreement. The Board of Directors of the Trust may refuse to sell Shares of any Portfolio to any person, or suspend or terminate the offering of Shares of any Portfolio if such action is required by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Directors acting in good faith and in light of their fiduciary duties under federal and any applicable state laws, such action is deemed in the best interests of the shareholders of such Portfolio.
Available Portfolios. The Fund will make Shares of each Portfolio listed on Schedule A available to LIFE COMPANY for purchase and redemption at net asset value next computed after the Fund's receipt of a purchase or redemption order and with no sales charges, in accordance with the Fund's then current prospectus and subject to the terms and conditions of this Agreement. The Board of Trustees of the Fund may refuse to sell Shares of any Portfolio to any person, or suspend or terminate the offering of Shares of any Portfolio if such action is required by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Trustees acting in good faith and in light of their fiduciary duties under federal and any applicable state laws, such action is deemed in the best interests of the shareholders of such Portfolio.
Available Portfolios. The Fund will make Shares of each Portfolio listed on Schedule A available to LIFE COMPANY for purchase and redemption at net asset value next computed after the Fund’s or its designated agent’s receipt and acceptance of a purchase or redemption order and with no sales charges, in accordance with the Fund’s then current prospectus and statement of additional information and subject to the terms and conditions of this Agreement. The Fund may refuse to sell Shares of any Portfolio to any person, or suspend or terminate the offering of Shares of any Portfolio, if such action is required by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Fund or its agent acting in good faith and in light of its fiduciary duties under federal and any applicable state laws, such action is deemed in the best interests of the shareholders of such Portfolio.
Available Portfolios. The Trust will make Shares of each Portfolio listed on Schedule A available to Life Company for purchase and redemption by the Accounts at the net asset value next computed after the Trust's receipt of a purchase or redemption order, in accordance with the Trust's then current prospectus and subject to the terms and conditions of this Agreement. The agents, officers or Board of Trustees of the Trust may refuse to sell Shares of any Portfolio to any person, or suspend or terminate the offering of Shares of any Portfolio if such action is required by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Directors acting in good faith and in light of their fiduciary duties under federal and any applicable state laws, such action is deemed in the best interests of the shareholders of such Portfolio.
Available Portfolios. (a) AVAILABILITY. Ivy Funds VIP will make shares of the Portfolios ------------ available to Company and its Variable Accounts for purchase and redemption at the applicable net asset value and with no sales charges on those days on which the Portfolios calculate their net asset value pursuant to the rules of the SEC, subject to the terms and conditions of this Agreement. Notwithstanding the foregoing, the Board of Trustees of Ivy Funds VIP ("Board") may refuse to sell shares of any Portfolio to any person or suspend or terminate the offering of shares of any Portfolio (a) if such action is required by law or by regulatory authorities having jurisdiction, (b) if, in the sole discretion of the Board, acting in good faith and in light of their fiduciary duties under federal and any applicable state laws, the Board deems such action to be in the best interests of the shareholders of such Portfolio, or (c) if such action is required by any policies that the Board has adopted and that apply to all Participating Insurance Companies.
Available Portfolios. The Distributor will make Shares of each Portfolio listed on Schedule A available to LIFE COMPANY for purchase and redemption by the Accounts at the net asset value next computed after the Distributor's receipt of a purchase or redemption order and with no sales charges, in accordance with the Fund's then current prospectus and subject to the terms and conditions of this Agreement. The Board of Directors of the Fund may refuse to sell Shares of any Portfolio to any person, or suspend or terminate the offering of Shares of any Portfolio if such action is required by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Directors acting in good faith and in light of their fiduciary duties under federal and any applicable state laws, such action is deemed in the best interests of the shareholders of such Portfolio.
Available Portfolios. 1.1 Available Portfolios -------------------- The Fund will make Shares of each Portfolio listed on Schedule A available to LIFE COMPANY for purchase and redemption at net asset value next computed after the Fund's receipt of a purchase or redemption order and with no sales charges, in accordance with the Fund's then current prospectus and subject to the terms and conditions of this Agreement. The Board of Trustees of the Fund may refuse to sell Shares of any Portfolio to any person, or suspend or terminate the offering of Shares of any Portfolio if such action is required by law or by regulatory authorities having jurisdiction or if, in the sole discretion of the Trustees acting in good faith and in light of their fiduciary duties under federal and any applicable state laws, such action is deemed in the best interests of the shareholders of such Portfolio.
Available Portfolios. The Fund's Capital Growth Portfolio ("Portfolio" or "Capital Growth Portfolio") is the only Fund series that USAA Life currently intends to make available for investment through the Separate Account and the Life Insurance Separate Account. Accordingly, any obligations of USAA Life with respect to capital contributions or expense reimbursements required to be made under the Participation Agreement shall be limited to the Capital Growth Portfolio, until such time as USAA Life notifies the Fund that it intends to use one or more additional portfolios. 0000 Xxxxxxxxxxxxxx Xxxx Xxx Xxxxxxx, Xxxxx 00000 0-000-000-0000 In San Antonio 498-8000
Available Portfolios. The Fund's Capital Growth Portfolio ("Portfolio" or "Capital Growth Portfolio") is the only Fund series that USAA Life currently intends to make available for investment through the Separate Account and the Life Insurance Separate Account. Accordingly, any obligations of USAA Life with respect to capital contributions or expense reimbursements required to be made under the Participation Agreement shall be limited to the Capital Growth Portfolio, until such time as USAA Life notifies the Fund that it intends to use one or more additional portfolios. Xxxxxxx Xxxxxx Investments, Inc. March 16, 1998 Page 2
