Common use of Price Communication Time Clause in Contracts

Price Communication Time. The Company will use its best efforts to communicate to Nationwide via electronic transmission acceptable to both parties, by no later than 6:00 p.m. ET on each Trade Date (“Price Communication Time”), the Share Price of each applicable Fund, as well as dividend and capital gain information and, in the case of Funds that credit a daily dividend, the daily accrual or interest rate factor, determined at the Market Close on that Trade Date.

Appears in 3 contracts

Samples: Administrative Services Agreement (Jefferson National Life Annuity Account G), Administrative Services Agreement (Nationwide Variable Account 4), Administrative Services Agreement (Nationwide VL Separate Account-G)

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Price Communication Time. The Company will shall use its best efforts to communicate to Nationwide via electronic transmission acceptable to both parties, by no later than 6:00 7:00 p.m. ET on each Trade Date (“Price Communication Time”), via electronic transmission acceptable to both parties, the Share Price of each applicable Fund, as well as dividend and capital gain information and, in the case of Funds funds that credit a daily dividend, the daily accrual or interest rate factor, determined at the Market Close of Trading on that Trade Date.

Appears in 1 contract

Samples: Fund Participation Agreement (Nationwide Vli Separate Account 4)

Price Communication Time. The Company will use its best efforts to communicate to Nationwide via electronic transmission acceptable to both parties, by no later than 6:00 6:30 p.m. ET on each Trade Date (“Price Communication Time”), the Share Price of each applicable Fund, as well as dividend and capital gain information and, in the case of Funds that credit a daily dividend, the daily accrual or interest rate factor, determined at the Market Close on that Trade Date.

Appears in 1 contract

Samples: Administrative Services Agreement (Nationwide Variable Account Ii)

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Price Communication Time. The Company will use its best efforts to communicate to Nationwide via electronic transmission acceptable to both parties, by no later than 6:00 6:30 p.m. ET on each Trade Date (“Price Communication Time”)) via electronic transmission acceptable to both parties, the Share Price of each applicable Fund, as well as dividend and capital gain information and, in the case of Funds funds that credit a daily dividend, the daily accrual or interest rate factor, determined at the Market Close of Trading on that Trade Date.

Appears in 1 contract

Samples: Fund Participation Agreement (Nationwide Variable Account-15)

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