Common use of Purchase and Redemption Procedures Clause in Contracts

Purchase and Redemption Procedures. (a) The Distributor hereby appoints the Company as an agent of the Funds for the limited purpose of receiving and accepting purchase and redemption requests on behalf of the Account (but not with respect to any Fund shares that may be held in the general account of the Company) for shares of those Designated Funds made available hereunder, based on allocations of amounts to the Account or subaccounts thereof under the Contracts and other transactions relating to the Contracts or the Account. Receipt and acceptance of any such request (or relevant transactional information therefor) on any day the New York Stock Exchange is open for trading and on which a Designated Fund calculates its net asset value (a "Business Day") pursuant to the rules of the Securities and Exchange Commission ("SEC"), by the Company as such limited agent of the Fund prior to the time that the Fund ordinarily calculates its net asset value as described from time to time in the Fund's prospectus shall constitute receipt and acceptance by the Designated Fund on that same Business Day, provided that the Fund receives notice of such request by 9:30 a.m. Eastern Time on the next following Business Day.

Purchase and Redemption Procedures. (a) The Distributor Fund hereby appoints the Company as an its agent of the Funds for the limited purpose of receiving and accepting purchase and redemption requests on behalf of the Account (but not with respect to any Fund shares that may be held in the general account of the Company) Accounts listed on SCHEDULE 1, 2 AND 7, WHERE PERMITTED BY APPLICABLE LAW, for shares of those Designated Funds Shares made available hereunder, based on allocations of amounts to the Account such Accounts or subaccounts thereof under the Contracts listed in SCHEDULES 4, 5 AND 6 and other transactions relating to the such Contracts or the Accountsuch Accounts. Receipt and acceptance of any such request (or relevant transactional information therefor) on any day the New York Stock Exchange is open for trading and on which a Designated Fund calculates its net asset value (a "Business Day") pursuant to the rules of the Securities and Exchange Commission ("SEC"), by the Company as such limited agent of the Fund, on any day the New York Stock Exchange ("NYSE") is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC (a "BUSINESS DAY") prior to the time that the Fund ordinarily calculates its net asset value as described from time to time in the Fund's prospectus (which as of the date of execution of this Agreement is the close of regular trading on the NYSE) shall constitute receipt and acceptance by the Designated Fund on that same Business Day, provided that the Fund receives notice of such request by 9:30 a.m. Eastern Time on the next following Business Day.PROVIDED that:

Purchase and Redemption Procedures. (a) The Distributor Funds and the Underwriter hereby appoints appoint the Company as an agent of the Funds for the limited purpose of receiving and accepting purchase and redemption requests on behalf of the Account (but not with respect to any Fund shares that may be held in the general account of the Company) for shares of those Designated Funds made available hereunder, based on allocations of amounts to the Account or subaccounts thereof under the Contracts and other transactions relating to the Contracts or the Account. Receipt and acceptance of any such request (or relevant transactional information therefor) on any day the New York Stock Exchange is open for trading and on which a Designated Fund calculates its net asset value (a "Business Day") pursuant to the rules of the Securities and Exchange Commission ("SEC"), by the Company as such limited agent of the Fund Funds prior to the time that the Fund Funds ordinarily calculates its calculate their net asset value as described from time to time in the Fund's prospectus Funds' prospectuses shall constitute receipt and acceptance by the Designated Fund Funds on that same Business Day, provided that the Fund receives Funds receive notice of such request by 9:30 a.m. Eastern Time on the next following Business Day.

Purchase and Redemption Procedures. (a) The Distributor hereby appoints For purposes of Sections 1.1 and 1.2, the Company as shall be an agent of the Funds for the limited purpose of receiving and accepting purchase and redemption requests on behalf of the Account (but not with respect to any Fund shares that may be held in the general account of the Company) for shares of those Designated Funds made available hereunder, based on allocations of amounts to the Account or subaccounts thereof under the Contracts and other transactions relating to the Contracts or the Account. Receipt and acceptance of any such request (or relevant transactional information therefor) on any day the New York Stock Exchange Exchange, Inc. is open for trading and on which a Designated Fund calculates its net asset value (a "Business Day") pursuant to the rules of the Securities and Exchange Commission ("SEC"), SEC by the Company as such limited agent of the Fund Funds prior to the time that the Fund Funds ordinarily calculates its net asset value as described from time to time in the each Designated Fund's prospectus shall constitute receipt and acceptance by the Designated Fund on that same Business Day, provided that the Fund or its agent receives notice of such request by 9:30 8:30 a.m. Eastern Time on the next following Business Day.

Purchase and Redemption Procedures. (a) The Distributor Underwriter hereby appoints the Company as an agent of the Funds for the limited purpose of receiving and accepting purchase and redemption requests on behalf of the Account (but not with respect to any Fund Funds shares that may be held in the general account of the Company) for shares of those Designated Funds Portfolios made available hereunder, based on allocations of amounts to the Account or subaccounts thereof under the Contracts and other transactions relating to the Contracts or the Account. Receipt and acceptance of any such request (or relevant transactional information therefor) on any day the New York Stock Exchange is open for trading and on which a Designated Fund Portfolio calculates its net asset value (a "“Business Day"”) pursuant to the rules of the Securities and Exchange Commission ("“SEC"”), by the Company as such limited agent of the Fund Funds prior to the time that the Fund Funds ordinarily calculates its calculate their respective net asset value values as described from time to time in the Fund's Funds’ prospectus shall constitute receipt and acceptance by the Designated Fund Portfolio on that same Business Day, provided that the Fund Underwriter receives notice of such request by 9:30 a.m. Eastern Time on the next following Business Day.

Purchase and Redemption Procedures. (a) The Distributor Fund hereby appoints the Company as an agent of the Funds Fund for the limited purpose of receiving and accepting purchase and redemption requests on behalf of the Account (but not with respect to any Fund shares that may be held in the general account of the Company) for shares of those Designated Funds Portfolios made available hereunder, based on allocations of amounts to the Account or subaccounts thereof under the Contracts and other transactions relating to the Contracts or the Account. Receipt and acceptance of any such request (or relevant transactional information therefor) on any day the New York Stock Exchange is open for trading and on which a Designated Fund Portfolio calculates its net asset value (a "Business Day") pursuant to the rules of the Securities and Exchange Commission ("SEC"), by the Company as such limited agent of the Fund prior to the time that the Fund ordinarily calculates its net asset value as described from time to time in the Fund's prospectus shall constitute receipt and acceptance by the Designated Fund Portfolio on that same Business Day, provided that the Fund receives notice of such request by 9:30 a.m. Eastern Time on the next following Business Day.

Purchase and Redemption Procedures. (a) The Distributor Underwriter hereby appoints the Company as an agent of the Funds for the limited purpose of receiving and accepting purchase and redemption requests on behalf of the Account (but not with respect to any Fund Funds shares that may be held in the general account of the Company) for shares of those Designated Funds Portfolios made available hereunder, based on allocations of amounts to the Account or subaccounts thereof under the Contracts and other transactions relating to the Contracts or the Account. Receipt and acceptance of any such request (or relevant transactional information therefor) on any day the New York Stock Exchange is open for trading and on which a Designated Fund Portfolio calculates its net asset value (a "Business Day") pursuant to the rules of the Securities and Exchange Commission ("SEC"), by the Company as such limited agent of the Fund Funds prior to the time that the Fund Funds ordinarily calculates its calculate their respective net asset value values as described from time to time in the Fund's Funds' prospectus shall constitute receipt and acceptance by the Designated Fund Portfolio on that same Business Day, provided that the Fund Underwriter receives notice of such request by 9:30 a.m. Eastern Time on the next following Business Day.