Processing of Portfolio Purchase and Redemption Requests. Company and W&R represent that they have entered into a membership agreement with the National Securities Clearing Corporation’s Fund/SERV system (Fund/SERV”) and agrees to perform all duties assigned to them by Fund/SERV and to conduct activities in accordance with the rules, regulations, policies and procedures of Fund/SERV, as applicable. Company and W&R agree to place and settle trades for Portfolio shares through Fund/SERV.
Appears in 8 contracts
Samples: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (Variable Annuity Account A)
Processing of Portfolio Purchase and Redemption Requests. Company and W&R represent that they have entered into a membership agreement with the National Securities Clearing Corporation’s 's Fund/SERV system ("Fund/SERV”") and agrees to perform all duties assigned to them by Fund/SERV and to conduct activities in accordance with the rules, regulations, policies and procedures of Fund/SERV, as applicable. Company and W&R agree to place and settle trades for Portfolio shares through Fund/SERV.
Appears in 2 contracts
Samples: Participation Agreement (Variable Annuity Account A), Participation Agreement (Variable Annuity Account A)
