Order Placement and Payment. 1. INSURER shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER shall notify the Fund of the cash required to meet redemption payments. 2. INSURER shall determine the net amount to be transmitted to the Fund as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER shall transmit net purchase payments to the Fund’s custodian.
Appears in 36 contracts
Samples: Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co), Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co), Administrative Services Agreement (Separate Account a of Pacific Life Insurance Co)
Order Placement and Payment. 1. INSURER shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER shall notify the Fund FUND of the cash required to meet redemption payments.
2. INSURER shall determine the net amount to be transmitted to the Fund FUND as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER shall transmit net purchase payments to the FundFUND’s custodian.
Appears in 12 contracts
Samples: Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co), Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co), Administrative Services Agreement (Separate Account a of Pacific Life Insurance Co)
Order Placement and Payment. 1. INSURER Insurer shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER Insurer shall notify the Fund of the cash required to meet redemption payments.
2. INSURER Insurer shall determine the net amount to be transmitted to the Fund as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER Insurer shall transmit net purchase payments to the Fund’s custodian.
Appears in 2 contracts
Samples: Administrative Services Agreement (Tiaa Separate Account Va-3), Administrative Services Agreement (Tiaa Separate Account Va-3)
Order Placement and Payment. 1. INSURER shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER shall notify the Fund of the cash required to meet redemption payments.
2. INSURER shall determine the net amount to be transmitted to the Fund as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER shall transmit net purchase payments to the Fund’s custodian.. [ [page break]
Appears in 2 contracts
Samples: Administrative Services Agreement (Massachusetts Mutual Variable Annuity Separate Account 4), Financial Support Agreement (Massachusetts Mutual Variable Life Separate Account I)
Order Placement and Payment. 1. INSURER Insurers shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER Insurers shall notify the Fund Portfolio of the cash required to meet redemption payments.
2. INSURER Insurers shall determine the net amount to be transmitted to the Fund Portfolio as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER Insurers shall transmit net purchase payments to the FundPortfolio’s custodian.
Appears in 2 contracts
Samples: Administrative Services Agreement (Jefferson National Life Annuity Account G), Administrative Services Agreement (ALPS Variable Insurance Trust)
Order Placement and Payment. 1. INSURER shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER shall notify the Fund of the cash required to meet redemption payments.
2. INSURER shall determine the net amount to be transmitted to the Fund as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER shall transmit net purchase payments to the Fund’s custodian.. S:\AGR\2005\ASA-AVIF_Kemper.doc 071805(1) PAD
Appears in 1 contract
Samples: Administrative Services Agreement (Zalico Variable Annuity Separate Account)
Order Placement and Payment. 1. INSURER shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER shall notify the Fund of the cash required to meet redemption payments.
2. INSURER shall determine the net amount to be transmitted to the Fund as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER shall transmit net purchase payments to the Fund’s custodian.. [page break]
Appears in 1 contract
Samples: Financial Support Agreement (C M Life Variable Life Separate Account I)
Order Placement and Payment. 1. INSURER shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests requests, charges and benefit payments and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER shall notify the Fund of the cash required to meet redemption payments.
2. INSURER shall determine the net amount to be transmitted to the Fund as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER shall transmit net purchase payments to the Fund’s custodian.
Appears in 1 contract
Samples: Administrative Services Agreement (Nyliac Variable Annuity Separate Account I)
Order Placement and Payment. 1. INSURER Insurers shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER Insurers shall notify the Fund of the cash required to meet redemption payments.
2. INSURER Insurers shall determine the net amount to be transmitted to the Fund as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER Insurers shall transmit net purchase payments to the Fund’s custodian.
Appears in 1 contract
Samples: Administrative Services Agreement (Nationwide VL Separate Account-G)
Order Placement and Payment. 1. INSURER Insurer shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER Insurer shall notify the Fund of the cash required to meet redemption payments.
2. INSURER Insurer shall determine the net amount to be transmitted to the Fund as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER Insurer shall transmit net purchase payments to the Fund’s custodiantransfer agent.
Appears in 1 contract
Samples: Administrative Services Agreement (Tiaa Separate Account Va-3)
Order Placement and Payment. 1. INSURER INSURERS shall determine the net amount to be transmitted to the Separate Accounts as a result of redemptions of each Portfolio’s 's shares based on Contract owner redemption requests and shall disburse or credit to the Separate Accounts all proceeds of redemptions of Portfolio shares. INSURER INSURERS shall notify the Fund of the cash required to meet redemption payments.
2. INSURER INSURERS shall determine the net amount to be transmitted to the Fund as a result of purchases of Portfolio shares based on Contract owner purchase payments and transfers allocated to the Separate Accounts investing in each Portfolio. INSURER INSURERS shall transmit net purchase payments to the Fund’s 's custodian.
Appears in 1 contract
Samples: Administrative Services Agreement (Reliastar Select Life Variable Account)
