Common use of Confirmation by Company Clause in Contracts

Confirmation by Company. The Company shall provide confirmation to CDI, in writing or in a manner mutually agreed upon by the parties, that Company has, as applicable, (a) executed CDI's written instructions, (b) obtained assurances from the indirect intermediary that it has executed CDI's written instructions or (c) blocked such indirect intermediary from purchasing additional Shares in nominee name on behalf of other persons. The Company agrees to provide confirmation as soon as reasonably practicable, but in any event not later than ten business days after the instructions have been executed.

Appears in 3 contracts

Samples: Rule 22c 2 Agreement (Principal Life Insurance Co Variable Life Sep Account), Rule 22c 2 Agreement (Principal Life Insurance Co Variable Life Sep Account), Rule 22c 2 Agreement (Principal Life Insurance Co Separate Account B)

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Confirmation by Company. The Company shall provide confirmation to CDI, in writing or in a manner mutually agreed upon by the parties, that Company has, as applicable, (a) executed CDI's ’s written instructions, (b) obtained assurances from the indirect intermediary that it has executed CDI's ’s written instructions or (c) blocked such indirect intermediary from purchasing additional Shares in nominee name on behalf of other persons. The Company agrees to provide confirmation as soon as reasonably practicable, but in any event not later than ten business days after the instructions have been executed.

Appears in 2 contracts

Samples: Rule 22c 2 Agreement (Principal Life Insurance Co Variable Life Sep Account), Rule 22c 2 Agreement (Protective Variable Annuity Separate Account)

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Confirmation by Company. The Company shall provide confirmation to CDICD!, in writing or in a manner mutually agreed upon by the parties, that Company has, as applicable, (a) executed CDI's written instructions, (b) obtained assurances from the indirect intermediary that it has executed CDI's written instructions or (c) blocked such indirect intermediary from purchasing additional Shares in nominee name on behalf of other persons. The Company agrees to provide confirmation as soon as reasonably practicable, but in any event not later than ten business days after the instructions have been executed.

Appears in 1 contract

Samples: Rule 22c 2 Agreement (Principal Life Insurance Co Separate Account B)

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