Common use of Eastern time each Business Day Clause in Contracts

Eastern time each Business Day. 1.9 The Trust agrees that its Portfolio shares will be sold only to Participating Insurance Companies and their separate accounts and to certain qualified pension and retirement plans to the extent permitted by the Shared Funding Exemptive Order. No shares of any Portfolio will be sold directly to the general public. The Company agrees that it will use Trust shares only for the purposes of funding the Contracts through the Accounts listed in Schedule A, as amended from time to time.

Appears in 19 contracts

Samples: Participation Agreement (Carillon Life Account), Participation Agreement (Titanium Universal Life Variable Account), Participation Agreement (First Variable Annuity Fund E)

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Eastern time each Business Day. 1.9 The Trust agrees that its Portfolio shares will be sold only to Participating Insurance Companies and their separate accounts and to certain qualified pension and retirement plans as provided for under Section 817(h)(4) of the Internal Revenue Code of 1986, as amended, (the "Code"), and to the extent permitted by the Shared Funding Exemptive Order. No shares of any Portfolio will be sold directly to the general public. The Company agrees that it will use Trust shares only for the purposes of funding the Contracts through the Accounts listed in Schedule A, as amended from time to time.

Appears in 6 contracts

Samples: Participation Agreement (Cova Variable Annuity Account Five), Participation Agreement (Cova Variable Life Account Five), Participation Agreement (Cova Variable Annuity Account One)

Eastern time each Business Day. 1.9 1.9. The Trust agrees that its Portfolio shares will be sold only to Participating Insurance Companies and their separate accounts segregated asset accounts, to the Fund Sponsor or its affiliates and to certain qualified pension and retirement plans to the extent such other entities as may be permitted by Section 817(h) of the Shared Funding Exemptive OrderCode, the regulations hereunder, or judicial or administrative interpretations thereof. No shares of any Portfolio will be sold directly to the general public. The Company agrees that it will use Trust shares only for the purposes of funding the Contracts through the Accounts listed in Schedule A, as amended from time to time.

Appears in 4 contracts

Samples: Participation Agreement (Allstate Life of N Y Var Life Sep Acct A), Participation Agreement (Agl Separate Account Vl-R), Participation Agreement (Usl Separate Account Usl Vl-R)

Eastern time each Business Day. 1.9 The Trust agrees that its Portfolio shares will be sold only to Participating Insurance Companies and their separate accounts segregated asset accounts, to the Fund Sponsor or its affiliates and to certain qualified pension and retirement plans to the extent such other entities as may be permitted by Section 817(h) of the Shared Funding Exemptive OrderCode, the regulations hereunder, or judicial or administrative interpretations thereof. No shares of any Portfolio will be sold directly to the general public. The Company agrees that it will use Trust shares only for the purposes of funding the Contracts through the Accounts listed in Schedule A, as amended from time to time.

Appears in 2 contracts

Samples: Participation Agreement (Providentmutual Variable Annuity Separate Account), Participation Agreement (Western Southern Life Assurance Co Separate Account 1)

Eastern time each Business Day. 1.9 The Trust agrees that its Portfolio shares will be sold only to Participating Insurance Companies and their separate accounts and to certain qualified pension and retirement plans ("Participating Plans") to the extent permitted by the Shared Funding Exemptive Order. No shares of any Portfolio will be sold directly to the general public. The Company agrees that it will use Trust shares only for the purposes of funding the Contracts through the Accounts listed in Schedule A, as amended from time to time.

Appears in 1 contract

Samples: Redacted Participation Agreement (Hancock John Variable Annuity Account Jf)

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Eastern time each Business Day. 1.9 1.9. The Trust agrees that its Portfolio shares will be sold only to Participating Insurance Companies and their separate accounts segregated asset accounts, to the Fund Sponsor or its affiliates and to certain qualified pension and retirement plans to the extent such other entities as may be permitted by Section 817 (h) of the Shared Funding Exemptive OrderCode, the regulations hereunder, or judicial or administrative interpretations thereof. No shares of any Portfolio will be sold directly to to. the general public. The Company agrees that it will use Trust shares only for the purposes of funding the Contracts through the Accounts listed in Schedule A, ; as amended from time to time.

Appears in 1 contract

Samples: Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)

Eastern time each Business Day. 1.9 The Trust agrees and Underwriter agree that its Portfolio shares will be sold only to Participating Insurance Companies and their separate accounts and to certain qualified pension and retirement plans to the extent permitted by the Shared Funding Exemptive Order. No shares of any Portfolio will be sold directly to the general public. The Company agrees that it will use Trust shares only for the purposes of funding the Contracts through the Accounts listed in Schedule A, as amended from time to time.

Appears in 1 contract

Samples: Participation Agreement (Metropolitan Life Separate Account Ul)

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