Purchase and Redemption Orders. On each day that a Fund is open for business (a "Business Day"), the Company or its Designee shall aggregate and calculate the net purchase or redemption order it receives for the Account from the Owners for shares of the Fund that it received prior to the close of trading on the New York Stock Exchange (the "NYSE") (i.e. 3:00 p.m., Central time, unless the NYSE closes at an earlier time in which case such earlier time shall apply) and communicate to Distributors, by telephone or facsimile (or by such other means as the
Appears in 4 contracts
Samples: Participation Agreement (Providentmutual Variable Annuity Separate Account), Participation Agreement (Providentmutual Variable Life Separate Account), Participation Agreement (Provident Mutual Variable Growth Separate Account)
