Common use of Other Payment Instructions Clause in Contracts

Other Payment Instructions. If the Intermediary or any Underlying Intermediary instructs Vanguard or the VVI Fund to remit payments other than to the Intermediary or an Underlying Intermediary and Vanguard or the VVI Fund accepts such instructions, the Intermediary or Underlying Intermediary will be responsible hereunder for complying with all applicable tax laws, rules and regulations concerning such payment, including without limitation any tax reporting and withholding requirements under IRS or Code requirements.

Appears in 5 contracts

Samples: Electronic Trading Agreement (Mutual of America Separate Account No 2), Electronic Trading Agreement (Separate Account I of National Integrity Life Ins Co), Electronic Trading Agreement (Separate Account I of Integrity Life Insurance Co)

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