Orders and Settlement. If Plan Provider receives instructions in proper form from Participants or Plan Representatives before the Close of Trading on a Business Day, Plan Provider will process such instructions that same evening. On the next Business Day, Plan Provider will transmit orders for net purchases or redemptions of Shares to Distributor or its designee by 9:00 a.m. Central Time and wire payment for net purchases by 2:00 p.m. Central Time. Distributor or its affiliate will wire payment for net redemptions on the Business Day following the day the order is executed for the Accounts. In doing so, Plan Provider will be considered the Funds' agent, and Shares will be purchased and redeemed as of the Business Day on which Plan Provider receives the instructions. Plan Provider will record time and date of receipt of instructions and will, upon request, provide such instructions and other records relating to the Services to Distributor's auditors. If Plan Provider receives instructions in proper form after the Close of Trading on a Business Day, Plan Provider will treat the instructions as if received on the next Business Day.
Orders and Settlement. Orders submitted by Authorized Firm on behalf of investors shall be accepted or rejected by the Trust (or its agent) in the manner disclosed in the Prospectus, or as otherwise agreed to by the parties.
Orders and Settlement. Plan Provider will calculate order allocations among designated investment media and transmit to Distributor orders to purchase or redeem Shares for specified Accounts. Plan Provider agrees that orders for net purchases or net redemptions of Shares derived from instructions received in proper form by Plan Provider from Plan Representatives prior to the Close of Trading on any given Business Day will be processed that same evening and transmitted to Distributor or its designee by 9:00 a.m. Central Time on the following Business Day. Plan Provider agrees that payment for net purchases of Shares attributable to all orders executed for the Accounts on a given Business Day will be wired by Plan Provider or its designee no later than 3:00 p.m. Central Time to a custodial account designated by Distributor. Distributor agrees that payment for net redemptions of Shares attributable to all orders executed for the Accounts on a given Business Day will be wired 2 by Distributor on the next Business Day after such redemption orders are transmitted to Distributor or its designee no later than the close of business on the next Business Day to an account designated by Plan Provider. Subject to Plan Provider's compliance with the foregoing, Plan Provider will be considered agent for the Funds and the Business Day on which instructions are received in proper form by Plan Provider from Participants or Plan Representatives by the Close of Trading will be the date as of which Shares will be purchased and redeemed as a result of such instructions. Plan Provider will time and date stamp instructions received from Participants or Plan Representatives and will make such instructions and other records relating to the services performed hereunder (the "Services") available for audit by Distributor's auditors upon request. Instructions received in proper form by Plan Provider from Participants or Plan Representatives after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Dividends and capital gains distributions will be automatically reinvested on payable date at net asset value in accordance with each Fund's then current prospectus.
Orders and Settlement. Upon the receipt of instructions from Participants or Plan Representatives, the Service Provider will calculate order allocations among designated investment media and transmit to Dreyfus orders to purchase or redeem Shares for specified Accounts on the basis of those instructions. The Service Provider agrees that orders for net purchases or net redemptions of Shares derived from instructions received in proper form by the Service Provider from Participants or Plan Representatives prior to the Close of Trading on any given Business Day will be processed that same evening and transmitted to Dreyfus or its designee by 8:30 a.m. Eastern Time on the next Business Day. The Service Provider agrees that payment for net purchases of Shares attributable to all orders executed for the Accounts on a given Business Day will be wired by the Service Provider on the same Business Day such purchase orders are transmitted to Dreyfus or its designee no later than 2:00 p.m. to a custodial account designated by Dreyfus. Subject to the Service Provider’s compliance with the foregoing, the Service Provider will be considered agent for the Funds and the Business Day on which instructions are received in proper form by the Service Provider from Participants or Plan Representatives by the Close of Trading will be the date as of which Shares will be purchased and redeemed as a result of such instructions. Instructions received in proper form by the Service Provider from Participants or Plan Representatives after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Dividends and capital gains distributions will be automatically reinvested at net asset value in accordance with each Fund’s then current prospectus.
Orders and Settlement. (a) Upon the receipt of instructions from Plan Representative, Recordkeeper will transmit to a Fund’s transfer agent orders to purchase or redeem Fund shares for an Account on the basis of those instructions. Recordkeeper agrees that orders for net purchases or net redemptions of Fund shares derived from instructions received in good order by Recordkeeper from Plan Representative prior to the Close of Trading on any given Business Day will be processed that same evening and transmitted to the Fund’s transfer agent by 7:30 a.m. Eastern Time on the next Business Day. Recordkeeper agrees that payment for net purchases by an Account of Fund shares on a given Business Day will be wired no later than 12 noon Eastern Time by Recordkeeper to a custodial account designated by Series Trust on the same Business Day such purchase orders are transmitted to the Fund’s transfer agent. Wires will be transmitted in accordance with then current NSCC DCC&S processing guidelines (collectively, “NSCC guidelines”). Recordkeeper agrees to provide 1 Business Day’s advance notice to Series Trust of Plan events that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions.
Orders and Settlement. Trade orders submitted by Authorized Xxxx shall be accepted or rejected by the Trust (or its agent) in the manner disclosed in the Prospectus, or as otherwise agreed to by the parties. Without limitation of the foregoing, the parties agree that Authorized Firm's handling of orders and the settlement of the same are subject to the terms and conditions of the Participation Agreement dated March 9, 2009 by and among the Trust, Authorized Firm and others.
Orders and Settlement. The parties agree that orders to purchase and redeem Shares by the Programs shall be effected on each Business Day as provided in this Section 4. Shareholder Servicing Agreement (for Program Sponsors or Administrators) Servicer shall transmit to the Trust or its designee(s) orders to purchase or redeem Shares of the Funds for accounts that have been or are to be opened with the Trust for the Programs. Solely for purposes of processing purchase and redemption orders from the Programs as described in this Section 4, the Administrator and Servicer agree that Servicer shall be the designee of the Trust’s transfer agent, and receipt of an order in proper form by such designee shall constitute receipt by the Trust subject to the terms and conditions specified in this Section. Purchases for the Programs shall be made and redemptions for the Programs shall ordinarily be made at the net asset value determined as of the Close of Trading on the Business Day that an order to purchase or redeem shares is received by Servicer, provided that (a) Servicer receives orders from participants and other authorized persons under the Programs at a time prior to the Close of Trading on that Business Day; (b) orders transmitted to the Trust are received by the Trust and its transfer agent by 9:00 a.m. Eastern Time on the next following Business Day; and (c) the Trust may, to the extent it deems necessary, delay redemption of the Shares of a Fund to the extent permitted under the 1940 Act. Orders from participants and other authorized persons under the Programs received by Servicer after the Close of Trading on a Business Day shall be treated as if received on the next following Business Day.
Orders and Settlement. (a) Recordkeeper may designate and authorize one or more agents (“Order Agents”) to receive and process orders to purchase and redeem Shares. Recordkeeper and Company agree that all orders shall be executed at the Share price next computed by the Fund after the time at which Recordkeeper, or an Order Agent, has received the order. For the avoidance of doubt, references to “Recordkeeper” in this Section 4 shall include any Order Agent appointed by Recordkeeper. For some Accounts, Recordkeeper, or its designee, and Company may enter into the necessary NSCC Fund/SERV Agreements (the “NSCC Agreement”), and orders for such Accounts will be processed pursuant to the relevant NSCC Agreement. For Accounts for which orders will be processed other than pursuant to the NSCC Agreement, orders will be processed according to the following terms:
Orders and Settlement. (a) Upon the receipt of instructions from Participants or Plan Representatives, Service Provider will calculate order allocations among designated investment media and transmit to Transfer Agent/Co-Administrator orders for net purchase, or redemptions for specified accounts on the basis of those instructions, as set forth below. Service Provider agrees that orders for net purchases or net redemptions of shares derived from instructions received in proper form by Service Provider from Participants or Plan Representatives prior to the Close of Trading on any given Business Day will be processed that same evening and transmitted to Transfer Agent/Co-Administrator by 8:00 a.m. Eastern Time on the next Business Day. Service Provider agrees that payment for net purchases attributable to all orders executed for the Accounts on a given Business Day will be wired by Service Provider or its designee on the same Business Day such purchase orders are transmitted to Transfer Agent/Co- Administrator no later than 12:00 p.m. Eastern Time to a custodial account designated by Transfer Agent/Co-Administrator.
Orders and Settlement. (a) Alliance Partner hereby appoints Wachovia as its agent for the sole and limited purpose of accepting purchase, exchange and redemption orders for Shares purchased, exchanged or redeemed by the Plans ("Orders"). Wachovia hereby accepts its appointment on the terms and conditions set forth herein. Notwithstanding anything in this Agreement to the contrary, Wachovia shall not be acting as agent for Alliance Partner in any manner whatsoever, except in accepting such Orders.
