Purchase and Redemption of Trust Portfolio Shares. 1.1 For purposes of this Article I, the Company shall be the Trust's agent for the receipt from each account of purchase orders and requests for redemption pursuant to the Contracts relating to each Portfolio, provided that the Company notifies the Trust of such purchase orders and requests for redemption by 9:30 a.m. Eastern time on the next following Business Day, as defined in Section 1.3.
Appears in 3 contracts
Samples: Participation Agreement (Reliastar Life Ins Co of New York Var Life Sep Acct I), Participation Agreement (Great American Reserve Variable Annuity Account G), Participation Agreement (Great American Reserve Insurance Co)