For purposes of Sections. 1.1 and 1.4, the Company shall be the designee of the Fund for receipt of purchase and redemption orders from the Account, and receipt by such designee shall constitute receipt by the Fund; provided that the Company receives the order by 3:00 p.m. central time and the Fund receives notice of such order by 9:30 a.m. central time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC.
Appears in 12 contracts
Samples: Participation Agreement (Farm Bureau Life Annuity Account Ii), Participation Agreement (American Equity Life Annuity Account), Participation Agreement (American Equity Life Variable Account)
For purposes of Sections. 1.1 and 1.4, the Company shall be the designee of the Fund for receipt of purchase and redemption orders from the Account, and receipt by such designee shall constitute receipt by the Fund; provided that the Company receives the order by 3:00 4:00 p.m. central Eastern time and the Fund receives notice of such order by 9:30 a.m. central Eastern time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC.
Appears in 3 contracts
Samples: Participation Agreement (Wm Variable Trust), Participation Agreement (Massachusetts Mutual Variable Life Separate Account I), Massachusetts Mutual Variable Life Separate Account I
For purposes of Sections. 1.1 and 1.4, the Company shall be the designee of the Fund for receipt of purchase and redemption orders from the AccountAccounts, and receipt by such designee shall constitute receipt by the Fund; provided that the Company receives the order by 3:00 p.m. central 4:00 PM. New York time and the Fund or its designee receives notice of such order by 9:30 a.m. central AM New York time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC.
Appears in 2 contracts
Samples: Participation Agreement (Gabelli Capital Series Funds Inc), Participation Agreement (Gabelli Capital Series Funds Inc)
For purposes of Sections. 1.1 and 1.4, the Company shall be the designee of the Fund for receipt of purchase and redemption orders from the Account, and receipt by such designee shall constitute receipt by the Fund; provided that the Company receives the order by 3:00 p.m. central time close of the New York Stock Exchange and the Fund receives notice of such order by 9:30 a.m. central Baltimore time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC.
Appears in 1 contract
Samples: Participation Agreement (Sage Variable Annuity Account A)
For purposes of Sections. 1.1 and 1.4, the Company Society shall be the designee of the Fund for receipt of purchase and redemption orders from the Account, and receipt by such designee shall constitute receipt by the Fund; provided that the Company Society receives the order by 3:00 p.m. central time and the Fund receives notice of such order by 9:30 a.m. central time on the next following Business Day. "Business Day" shall mean any day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC.
Appears in 1 contract
Samples: Participation Agreement (Modern Woodmen of America Variable Annuity Account)
