Processing Transactions. 2.1 Timely Pricing and Orders. ------------------------- (a) AVIF or its designated agent will use its best efforts to provide LIFE COMPANY with the net asset value per Share for each Fund by 5:30 p.m. Central Time on each Business Day. As used herein, "Business Day" shall mean any day on which (i) the New York Stock Exchange is open for regular trading, (ii) AVIF calculates the Fund's net asset value, and (iii) LIFE COMPANY is open for business.
Appears in 4 contracts
Samples: Participation Agreement (Usl Separate Account Usl Vl-R), Participation Agreement (Llac Variable Account), Participation Agreement (Llac Variable Account)
Processing Transactions. 2.1 Timely Pricing and Orders. ---------------------------------------------------
(a) AVIF or its designated agent will use its best efforts to provide LIFE COMPANY with the net asset value per Share for each Fund by 5:30 p.m. Central Time on each Business Day. As used herein, "Business Day" shall mean any day on which (i) the New York Stock Exchange is open for regular trading, (ii) AVIF calculates the Fund's net asset value, and (iii) LIFE COMPANY is open for business.
Appears in 3 contracts
Samples: Participation Agreement (Security Life Separate Account L1), Participation Agreement (Security Life Separate Account A1), Participation Agreement (Security Life Separate Account L1)
Processing Transactions. 2.1 Timely Pricing and Orders. -------------------------
(a) AVIF or its designated agent will use its best efforts to provide LIFE COMPANY with the net asset value per Share for each Fund by 5:30 p.m. Central Time on each Business Day. As used herein, "Business Day" shall mean any day on which (i) the New York Stock Exchange is open for regular trading, (ii) AVIF calculates the Fund's net asset value, and (iii) LIFE COMPANY is open for business.
Appears in 1 contract
Samples: Participation Agreement (American Skandia Life Assur Corp Var Acct B Cl 1 Sub Accts)
