Common use of Orders for Shares Clause in Contracts

Orders for Shares. Subject to applicable provisions of the Securities Act of 1933 and the Investment Company Act of 1940, purchase and redemption orders for Shares of a Fund will be processed in accordance with the terms of the Fund Participation Agreement entered into by and among the Service Organization, the Funds and the investment Advisor. Service Organization agrees to use all reasonable efforts to assist the Funds in identifying “market timers” or investors who engage in a patter of short-term trading.

Appears in 3 contracts

Samples: Distribution Agreement (Separate Account I of National Integrity Life Ins Co), Distribution Agreement (Separate Account Ii of Integrity Life Insurance Co), Distribution Agreement (Separate Account Ii of National Integrity Life Insurance Co)

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Orders for Shares. Subject to applicable provisions of the Securities Act of 1933 and the Investment Company Act of 1940, purchase and redemption orders for Shares of a Fund will be processed in accordance with the terms of the Fund Participation Agreement entered into by and among the Service Organization, the Funds and the investment Advisor. Service Organization agrees to use all reasonable efforts to assist the Funds in identifying “market timers” or investors who engage in a patter pattern of short-term trading.

Appears in 1 contract

Samples: Distribution Agreement (Separate Account I of Integrity Life Insurance Co)

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