Manual Transactions. Manual transactions via facsimile shall be used by Insurance Company only in the event that Insurance Company is in receipt of orders for purchase or redemption of shares and is unable to transmit the orders to the Transfer Agent due to unforeseen circumstances such as system wide computer failures experienced by Insurance Company or the National Securities Clearing Corporation (“NSCC”) or other events beyond the Insurance Company’s reasonable control. In the event manual transactions are used, the following provisions shall apply:
Appears in 5 contracts
Samples: Fund Participation and Service Agreement (Jefferson National Life Annuity Account G), Fund Participation and Service Agreement (SBL Variable Annuity Account Xiv), Fund Participation and Service Agreement (Variable Annuity Account A)
Manual Transactions. Manual transactions via facsimile shall be used by Insurance Company only in the event that Insurance Company is in receipt of orders for purchase or redemption of shares and is unable to transmit the orders to the Transfer Agent due to unforeseen circumstances such as system wide computer failures experienced by Insurance Company or the National Securities Clearing Corporation (“"NSCC”") or other events beyond the Insurance Company’s 's reasonable control. In the event manual transactions are used, the following provisions shall apply:
Appears in 4 contracts
Samples: Fund Participation and Service Agreement (Horace Mann Life Insurance Co Separate Account), Fund Participation and Service Agreement (Horace Mann Life Insurance Co Separate Account), Fund Participation and Service Agreement (Principal Life Insurance Co Variable Life Sep Account)
Manual Transactions. Manual transactions via facsimile shall be used by Insurance Company only in the event that Insurance Company is in receipt of orders for purchase or redemption of shares and is unable to transmit the orders to the Transfer Agent due to unforeseen circumstances such as system wide computer failures experienced by Insurance Company or the National Securities Clearing Corporation (“"NSCC”") or other events beyond the Insurance Company’s 's reasonable control. In the event manual transactions are used, the following provisions shall apply:
(i) Next Day Transmission of Orders. The Insurance Company, or its designated agent, will notify the Transfer Agent by 8:00 a.
Appears in 2 contracts
Samples: Fund Participation and Service Agreement (Symetra Resource Variable Account B), Fund Participation and Service Agreement (First Symetra National Life Insurance Co of Ny Sep Acct S)
Manual Transactions. Manual transactions via facsimile shall be used by Insurance Company only in the event that Insurance Company is in receipt of orders for purchase or redemption of shares and is unable to transmit the orders to the Transfer Agent due to unforeseen circumstances such as system wide computer failures experienced by Insurance Company or the National Securities Clearing Corporation (“NSCC”) or other events beyond the Insurance Company’s reasonable controlshares. In the event manual transactions are used, the following provisions shall apply:
Appears in 1 contract
Samples: Fund Participation and Service Agreement (American Fidelity Separate Account B)
