Redemption of Portfolio Shares. The Trust will redeem the shares of the various Portfolios when requested by the Company on behalf of the corresponding Division of the Separate Accounts at the net asset value next computed after receipt of each request for redemption, as established in accordance with the provisions of the then current prospectus of the Trust. The Trust will make payment in the manner established from time to time by the Trust for the receipt of such redemption requests, but in no event shall payment be delayed for a greater period than is permitted by the 1940 Act.
Appears in 6 contracts
Samples: Participation Agreement (Seasons Series Trust), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)
