Common use of MANUAL PROCESSING PROCEDURES Clause in Contracts

MANUAL PROCESSING PROCEDURES. On each Business Day, Nationwide may receive Orders from the Contract Owner for the purchase or redemption of Shares based solely upon receipt of such Orders prior to the Market Close on that Business Day. Orders received in good order by Nationwide prior to the Market Close on any given Business Day (the “Trade Date”) and transmitted to the Company by no later than 9:30 a.m. ET the Business Day following the Trade Date (“Trade Date plus One” or “T+1”), will be executed at the net asset value per Share (“Share Price”) of each applicable Fund, determined as of the Market Close on the Trade Date.

Appears in 7 contracts

Samples: Mutual Fund Administrative Services Agreement (Nationwide Multi Flex Variable Account), Mutual Fund Administrative Services Agreement (Jefferson National Life Annuity Account G), Mutual Fund Administrative Services Agreement (Nationwide VL Separate Account-G)

AutoNDA by SimpleDocs

MANUAL PROCESSING PROCEDURES. On each Business Day, Nationwide may receive Orders from the Contract Owner for the purchase or redemption of Shares based solely upon receipt of such Orders prior to the Market Close on that Business Day. Orders received in good order by Nationwide prior to the Market Close on any given Business Day (the “Trade Date”) and transmitted to the Company by no later than 9:30 8:30 a.m. ET the Business Day following the Trade Date (“Trade Date plus One” or “T+1”), will be executed at the net asset value per Share (“Share Price”) of each applicable Fund, determined as of the Market Close on the Trade Date.

Appears in 2 contracts

Samples: Mutual Fund Administrative Services Agreement (Nationwide Variable Account 4), Mutual Fund Administrative Services Agreement (Nationwide Variable Account 4)

AutoNDA by SimpleDocs

MANUAL PROCESSING PROCEDURES. On each Business Day, Nationwide may receive Orders Instructions from the Contract Owner contract owner for the purchase or redemption of Shares shares of the Funds based solely upon receipt of such Orders Instructions prior to the Market Close of Trading on that Business Day. Orders received Instructions in good order received and time stamped by Nationwide prior to the Market Close of Trading on any given Business Day (the “Trade Date”) and transmitted to the Company Distributor by no later than 9:30 a.m. ET the Business Day following the Trade Date (“Trade Date plus One” or “T+1”), will be executed at the net asset value per Share NAV (“Share Price”) of each applicable Fund, determined as of the Market Close of Trading on the Trade Date.

Appears in 1 contract

Samples: Fund Participation Agreement (Nationwide VL Separate Account-G)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!