Common use of Pricing Transactions Clause in Contracts

Pricing Transactions. MassMutual generally processes investment instructions at the value determined at the close of the New York Stock Exchange (usually 4 p.m. ET) that next follows the receipt by MassMutual of the investment instructions in good order. Thus, if MassMutual receives investment instructions in good order before the close of the New York Stock Exchange on a business day, the transaction receives the net asset value of the Investment Option in question determined as of the market close on that day, earlier times may apply to certain investment options. If investment instructions are received in good order after the New York Stock Exchange closes, or on a day when it is not open, the transaction receives the net asset value of the Investment Option in question determined as of the market close on the next day the New York Stock Exchange is open. If investment instructions are not processed on a business day for reasons beyond MassMutual's reasonable control, including without limitation, that the order is not accepted for any reason by the Investment Option in question, the instructions will be processed at the value determined at the close of the New York Stock Exchange on the next business day or as soon, thereafter, as is feasible.

Pricing Transactions. MassMutual generally processes investment instructions at the value determined at the close of the New York Stock Exchange (usually 4 p.m. ETp.m.) that next follows the on each business day following receipt by MassMutual of the investment instructions in good order. Thus, if MassMutual receives investment instructions in good order before the close of the New York Stock Exchange on a business day, the transaction receives the net asset value of the Investment Option investment option in question determined as of the market close on that day, earlier times may apply to certain investment optionsInvestment Options. If investment instructions are received in good order after the New York Stock Exchange closes, or on a day when it is not open, the transaction receives the net asset value of the Investment Option in question determined as of the market close on the next day the New York Stock Exchange is open. If investment instructions are not processed on a business day for reasons beyond MassMutual's reasonable control, including without limitation, that the order is not accepted for any reason by the Investment Option in questiongood order, the instructions will be processed at the value determined at the close of the New York Stock Exchange on the next business day when the investment instructions are in good order or as soon, thereafter, as is feasible.

Pricing Transactions. MassMutual generally processes investment instructions at the value determined at the close of the New York Stock Exchange (usually 4 p.m. ET) that next follows the receipt by MassMutual of the investment instructions in good order. Thus, if MassMutual receives investment instructions in good order before the close of the New York Stock Exchange on a business day, the transaction receives the net asset value of the Investment Option in question determined as of the market close on that day, earlier times may apply to certain investment options. If investment instructions are received in good order after the New York Stock Exchange closes, or on a day when it is not open, the transaction receives the net asset value of the Investment Option in question determined as of the market close on the next day the New York Stock Exchange is open. If investment instructions are not processed on a business day for reasons beyond MassMutual's reasonable control, including without limitation, that the order is not accepted for any reason by the Investment Option in question, the instructions will be processed at the value determined at the close of the New York Stock Exchange on the next business day or as soon, thereafter, as is feasible.