Common use of Entry of Fund/SERV Transmissions Clause in Contracts

Entry of Fund/SERV Transmissions. The Intermediary is responsible for sending all and only Orders corresponding to Instructions received prior to the Market Close on T to Vanguard through Fund/SERV by NSCC Cycle 7 on T+1 (received by Vanguard at approximately 7:00 a.m. Eastern time). Transactions may be entered in dollars or shares.

Appears in 2 contracts

Samples: Defined Contribution Clearance & Settlement Agreement (Priac Variable Contract Account A), Defined Contribution Clearance & Settlement Agreement (Separate Account VA FF)

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Entry of Fund/SERV Transmissions. The Intermediary is responsible for sending all and only Orders corresponding to Instructions and Account transaction directions received prior to the Market Close on T to Vanguard through Fund/SERV by NSCC Cycle 7 on T+1 (received by Vanguard at approximately 7:00 a.m. Eastern time). Transactions may be entered in dollars or shares.

Appears in 1 contract

Samples: Defined Contribution Clearance & Settlement Agreement (Massachusetts Mutual Variable Life Separate Account I)

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Entry of Fund/SERV Transmissions. The Intermediary is responsible for sending all and only Orders corresponding to Instructions and Account transaction directions received prior to the Market Close on T to Vanguard through Fund/SERV by NSCC Cycle 7 11 on T+1 (received by Vanguard at approximately 7:00 9:00 a.m. Eastern time). Transactions may be entered in dollars or shares.

Appears in 1 contract

Samples: Defined Contribution Clearance & Settlement Agreement (MEMBERS Horizon Variable Separate Account)

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